Gross value added at basic prices (GVA) in Ghana
Ghana: Gross value added at basic prices (GVA) was 106.67 billion current US$ in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in Ghana, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Ghana recorded 106.67 billion current US$ for gross value added at basic prices (gva) in 2025. That is the highest value across all 65 years on record.
The figure is up 37.1% on the previous year and up 135.5% over ten years.
Over the whole period, gross value added at basic prices (gva) in Ghana peaked at 106.67 billion current US$ in 2025 and was at its lowest, 1.10 billion current US$, in 1960.
Ghana ranks 70th of 207 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) in Ghana, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 1.10 billion current US$ | — |
| 1961 | 1.16 billion current US$ | +5.6% |
| 1962 | 1.24 billion current US$ | +6.8% |
| 1963 | 1.38 billion current US$ | +11.0% |
| 1964 | 1.55 billion current US$ | +13.0% |
| 1965 | 1.79 billion current US$ | +15.1% |
| 1966 | 1.92 billion current US$ | +7.3% |
| 1967 | 1.56 billion current US$ | -18.8% |
| 1968 | 1.48 billion current US$ | -5.3% |
| 1969 | 1.72 billion current US$ | +16.7% |
| 1970 | 1.91 billion current US$ | +10.9% |
| 1971 | 2.13 billion current US$ | +11.2% |
| 1972 | 1.88 billion current US$ | -11.3% |
| 1973 | 2.77 billion current US$ | +46.7% |
| 1974 | 2.63 billion current US$ | -4.7% |
| 1975 | 2.52 billion current US$ | -4.3% |
| 1976 | 2.48 billion current US$ | -1.7% |
| 1977 | 2.94 billion current US$ | +18.6% |
| 1978 | 3.42 billion current US$ | +16.2% |
| 1979 | 3.80 billion current US$ | +11.3% |
| 1980 | 4.29 billion current US$ | +12.7% |
| 1981 | 4.06 billion current US$ | -5.4% |
| 1982 | 3.90 billion current US$ | -3.9% |
| 1984 | 4.19 billion current US$ | +7.4% |
| 1985 | 4.18 billion current US$ | -0.3% |
| 1986 | 5.71 billion current US$ | +36.7% |
| 1987 | 5.06 billion current US$ | -11.2% |
| 1988 | 5.19 billion current US$ | +2.4% |
| 1989 | 5.20 billion current US$ | +0.3% |
| 1990 | 5.86 billion current US$ | +12.6% |
| 1991 | 6.60 billion current US$ | +12.6% |
| 1992 | 6.39 billion current US$ | -3.1% |
| 1993 | 5.33 billion current US$ | -16.6% |
| 1994 | 4.90 billion current US$ | -8.0% |
| 1995 | 5.87 billion current US$ | +19.7% |
| 1996 | 6.16 billion current US$ | +4.9% |
| 1997 | 6.16 billion current US$ | +0.0% |
| 1998 | 6.70 billion current US$ | +8.8% |
| 1999 | 6.92 billion current US$ | +3.3% |
| 2000 | 4.46 billion current US$ | -35.5% |
| 2001 | 4.76 billion current US$ | +6.8% |
| 2002 | 5.53 billion current US$ | +16.0% |
| 2003 | 6.93 billion current US$ | +25.4% |
| 2004 | 8.11 billion current US$ | +17.0% |
| 2005 | 9.83 billion current US$ | +21.2% |
| 2006 | 19.02 billion current US$ | +93.5% |
| 2007 | 22.79 billion current US$ | +19.8% |
| 2008 | 26.58 billion current US$ | +16.7% |
| 2009 | 24.53 billion current US$ | -7.7% |
| 2010 | 29.28 billion current US$ | +19.4% |
| 2011 | 35.77 billion current US$ | +22.2% |
| 2012 | 38.70 billion current US$ | +8.2% |
| 2013 | 59.73 billion current US$ | +54.3% |
| 2014 | 49.70 billion current US$ | -16.8% |
| 2015 | 45.29 billion current US$ | -8.9% |
| 2016 | 51.91 billion current US$ | +14.6% |
| 2017 | 56.16 billion current US$ | +8.2% |
| 2018 | 62.55 billion current US$ | +11.4% |
| 2019 | 63.96 billion current US$ | +2.3% |
| 2020 | 65.75 billion current US$ | +2.8% |
| 2021 | 74.25 billion current US$ | +12.9% |
| 2022 | 69.31 billion current US$ | -6.7% |
| 2023 | 75.33 billion current US$ | +8.7% |
| 2024 | 77.81 billion current US$ | +3.3% |
| 2025 | 106.67 billion current US$ | +37.1% |
Ghana compared with similar countries
- Ghana's 106.67 billion current US$ is above the median for lower middle income countries, which is 27.86 billion current US$, 3.8× the median. (47 countries reporting)
- Ghana's 106.67 billion current US$ is above the median for Sub-Saharan Africa, which is 18.79 billion current US$, 5.7× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices (GVA) in Ghana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +93.5% | 9.83 billion current US$ | 19.02 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.49 billion current US$ | 1.10 billion current US$ | 1.92 billion current US$ | 10 |
| 1970s | 2.65 billion current US$ | 1.88 billion current US$ | 3.80 billion current US$ | 10 |
| 1980s | 4.64 billion current US$ | 3.90 billion current US$ | 5.71 billion current US$ | 9 |
| 1990s | 6.09 billion current US$ | 4.90 billion current US$ | 6.92 billion current US$ | 10 |
| 2000s | 13.25 billion current US$ | 4.46 billion current US$ | 26.58 billion current US$ | 10 |
| 2010s | 49.31 billion current US$ | 29.28 billion current US$ | 63.96 billion current US$ | 10 |
| 2020s | 78.19 billion current US$ | 65.75 billion current US$ | 106.67 billion current US$ | 6 |
Countries ranked near Ghana
More economy & growth data for Ghana
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 38.84 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0003 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1.11 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.91 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 8.08 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0167 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 54.42 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 23.42 % change on previous year (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) in Ghana?
- Gross value added at basic prices (gva) in Ghana was 106.67 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Ghana?
- The highest recorded value was 106.67 billion current US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Ghana?
- The lowest recorded value was 1.10 billion current US$ in 1960.
- How does Ghana rank for gross value added at basic prices (gva)?
- Ghana ranks 70th out of 207 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Ghana?
- Over the last ten years it is up 135.5%. 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 value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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.