Gross savings (current US$) in Ghana
Ghana: Gross savings (current US$) was 10.32 billion current US$ in 2024. ◆ Volatile
Gross savings in Ghana, 1975–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross savings in Ghana is 10.32 billion current US$, measured in 2024.
Compared with earlier readings it is up 38.9% on the previous year and up 3.5% over ten years.
Over the whole period, gross savings in Ghana peaked at 13.45 billion current US$ in 2018 and was at its lowest, 172.71 million current US$, in 1983.
Ghana ranks 92nd of 178 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings (current US$) in Ghana, year by year
| Year | current US$ | Change |
|---|---|---|
| 1975 | 405.69 million current US$ | — |
| 1976 | 242.46 million current US$ | -40.2% |
| 1977 | 366.24 million current US$ | +51.0% |
| 1978 | 198.08 million current US$ | -45.9% |
| 1979 | 331.88 million current US$ | +67.6% |
| 1980 | 281.12 million current US$ | -15.3% |
| 1981 | 240.82 million current US$ | -14.3% |
| 1982 | 224.20 million current US$ | -6.9% |
| 1983 | 172.71 million current US$ | -23.0% |
| 1984 | 297.64 million current US$ | +72.3% |
| 1985 | 361.88 million current US$ | +21.6% |
| 1986 | 397.40 million current US$ | +9.8% |
| 1987 | 384.21 million current US$ | -3.3% |
| 1988 | 517.91 million current US$ | +34.8% |
| 1989 | 598.98 million current US$ | +15.7% |
| 1990 | 620.32 million current US$ | +3.6% |
| 1991 | 783.31 million current US$ | +26.3% |
| 1992 | 444.80 million current US$ | -43.2% |
| 1993 | 766.19 million current US$ | +72.3% |
| 1994 | 1.04 billion current US$ | +35.6% |
| 1995 | 1.14 billion current US$ | +9.7% |
| 1996 | 1.25 billion current US$ | +10.1% |
| 1997 | 717.46 million current US$ | -42.8% |
| 1998 | 1.35 billion current US$ | +88.0% |
| 1999 | 722.66 million current US$ | -46.4% |
| 2000 | 760.67 million current US$ | +5.3% |
| 2001 | 1.12 billion current US$ | +47.4% |
| 2002 | 1.16 billion current US$ | +3.2% |
| 2003 | 1.61 billion current US$ | +39.6% |
| 2004 | 2.03 billion current US$ | +25.8% |
| 2005 | 2.06 billion current US$ | +1.6% |
| 2006 | 3.64 billion current US$ | +76.2% |
| 2007 | 1.67 billion current US$ | -54.0% |
| 2008 | 1.24 billion current US$ | -25.6% |
| 2009 | 2.87 billion current US$ | +130.9% |
| 2010 | 1.57 billion current US$ | -45.4% |
| 2011 | 1.53 billion current US$ | -2.6% |
| 2012 | 2.17 billion current US$ | +42.4% |
| 2013 | 9.55 billion current US$ | +339.2% |
| 2014 | 9.97 billion current US$ | +4.4% |
| 2015 | 10.43 billion current US$ | +4.6% |
| 2016 | 10.46 billion current US$ | +0.3% |
| 2017 | 9.58 billion current US$ | -8.5% |
| 2018 | 13.45 billion current US$ | +40.5% |
| 2019 | 12.02 billion current US$ | -10.6% |
| 2020 | 10.63 billion current US$ | -11.6% |
| 2021 | 10.45 billion current US$ | -1.6% |
| 2022 | 9.99 billion current US$ | -4.5% |
| 2023 | 7.43 billion current US$ | -25.6% |
| 2024 | 10.32 billion current US$ | +38.9% |
Ghana compared with similar countries
- Ghana's 10.32 billion current US$ is above the median for lower middle income countries, which is 4.69 billion current US$, 2.2× the median. (45 countries reporting)
- Ghana's 10.32 billion current US$ is above the median for Sub-Saharan Africa, which is 3.44 billion current US$, 3.0× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current US$) in Ghana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +339.2% | 2.17 billion current US$ | 9.55 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 308.87 million current US$ | 198.08 million current US$ | 405.69 million current US$ | 5 |
| 1980s | 347.69 million current US$ | 172.71 million current US$ | 598.98 million current US$ | 10 |
| 1990s | 883.68 million current US$ | 444.80 million current US$ | 1.35 billion current US$ | 10 |
| 2000s | 1.82 billion current US$ | 760.67 million current US$ | 3.64 billion current US$ | 10 |
| 2010s | 8.07 billion current US$ | 1.53 billion current US$ | 13.45 billion current US$ | 10 |
| 2020s | 9.76 billion current US$ | 7.43 billion current US$ | 10.63 billion current US$ | 5 |
Countries ranked near Ghana
More economy & growth data for Ghana
- Real gdp growth, annual growth rate 86.92 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.15 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 457.43 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.374 units per person (2025)
- SDRs holdings, SDR, annual growth rate 430.83 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.2731 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is gross savings in Ghana?
- Gross savings in Ghana was 10.32 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Ghana?
- The highest recorded value was 13.45 billion current US$ in 2018.
- What is the lowest gross savings recorded in Ghana?
- The lowest recorded value was 172.71 million current US$ in 1983.
- How does Ghana rank for gross savings?
- Ghana ranks 92nd out of 178 countries with data for 2024.
- Is gross savings rising or falling in Ghana?
- Over the last ten years it is up 3.5%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.