Mining and quarrying, value added in Ghana
Ghana: Mining and quarrying, value added was 4.69 billion current LCU in 2011. ◆ Volatile
Mining and quarrying, value added in Ghana, 1965–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current LCU.
Analysis
Ghana recorded 4.69 billion current LCU for mining and quarrying, value added in 2011. That is the highest value across all 45 years on record.
The figure is up 363.0% on the previous year and up 2,510.8% over ten years.
Over the whole period, mining and quarrying, value added in Ghana peaked at 4.69 billion current LCU in 2011 and was at its lowest, 3,500 current LCU, in 1965.
That places Ghana 38th out of 50 countries with data for 2011, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Mining and quarrying, value added in Ghana, year by year
| Year | current LCU | Change |
|---|---|---|
| 1965 | 3,500 current LCU | — |
| 1966 | 4,100 current LCU | +17.1% |
| 1967 | 4,300 current LCU | +4.9% |
| 1968 | 4,200 current LCU | -2.3% |
| 1969 | 4,000 current LCU | -4.8% |
| 1970 | 3,800 current LCU | -5.0% |
| 1971 | 4,060 current LCU | +6.8% |
| 1972 | 6,340 current LCU | +56.2% |
| 1973 | 8,150 current LCU | +28.5% |
| 1974 | 10,000 current LCU | +22.7% |
| 1975 | 10,450 current LCU | +4.5% |
| 1976 | 8,740 current LCU | -16.4% |
| 1977 | 8,950 current LCU | +2.4% |
| 1978 | 11,920 current LCU | +33.2% |
| 1979 | 23,800 current LCU | +99.7% |
| 1980 | 46,200 current LCU | +94.1% |
| 1981 | 36,900 current LCU | -20.1% |
| 1982 | 28,500 current LCU | -22.8% |
| 1983 | 194,400 current LCU | +582.1% |
| 1984 | 321,400 current LCU | +65.3% |
| 1985 | 382,200 current LCU | +18.9% |
| 1986 | 878,000 current LCU | +129.7% |
| 1987 | 1.36 million current LCU | +55.2% |
| 1988 | 2.08 million current LCU | +52.6% |
| 1989 | 2.63 million current LCU | +26.5% |
| 1990 | 3.58 million current LCU | +36.2% |
| 1991 | 4.56 million current LCU | +27.3% |
| 1992 | 5.71 million current LCU | +25.3% |
| 1993 | 21.14 million current LCU | +270.1% |
| 1994 | 29.30 million current LCU | +38.6% |
| 1995 | 37.15 million current LCU | +26.8% |
| 1996 | 53.60 million current LCU | +44.3% |
| 1999 | 104.91 million current LCU | +95.7% |
| 2000 | 135.23 million current LCU | +28.9% |
| 2001 | 179.64 million current LCU | +32.8% |
| 2002 | 230.71 million current LCU | +28.4% |
| 2003 | 310.88 million current LCU | +34.7% |
| 2004 | 366.33 million current LCU | +17.8% |
| 2005 | 447.21 million current LCU | +22.1% |
| 2006 | 497.40 million current LCU | +11.2% |
| 2007 | 601.60 million current LCU | +20.9% |
| 2008 | 693.20 million current LCU | +15.2% |
| 2009 | 740.00 million current LCU | +6.8% |
| 2010 | 1.01 billion current LCU | +36.9% |
| 2011 | 4.69 billion current LCU | +363.0% |
Ghana compared with similar countries
- Ghana's 4.69 billion current LCU is below the median for lower middle income countries, which is 40.46 billion current LCU, 12% of the median. (24 countries reporting)
- Ghana's 4.69 billion current LCU is below the median for Sub-Saharan Africa, which is 42.40 billion current LCU, 11% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where Mining and quarrying, value added 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 |
|---|---|---|---|
| 1983 | +582.1% | 28,500 current LCU | 194,400 current LCU |
| 2011 | +363.0% | 1.01 billion current LCU | 4.69 billion current LCU |
| 1993 | +270.1% | 5.71 million current LCU | 21.14 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4,020 current LCU | 3,500 current LCU | 4,300 current LCU | 5 |
| 1970s | 9,621 current LCU | 3,800 current LCU | 23,800 current LCU | 10 |
| 1980s | 796,160 current LCU | 28,500 current LCU | 2.63 million current LCU | 10 |
| 1990s | 32.49 million current LCU | 3.58 million current LCU | 104.91 million current LCU | 8 |
| 2000s | 420.22 million current LCU | 135.23 million current LCU | 740.00 million current LCU | 10 |
| 2010s | 2.85 billion current LCU | 1.01 billion current LCU | 4.69 billion current LCU | 2 |
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 mining and quarrying, value added in Ghana?
- Mining and quarrying, value added in Ghana was 4.69 billion current LCU in 2011, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest mining and quarrying, value added recorded in Ghana?
- The highest recorded value was 4.69 billion current LCU in 2011.
- What is the lowest mining and quarrying, value added recorded in Ghana?
- The lowest recorded value was 3,500 current LCU in 1965.
- How does Ghana rank for mining and quarrying, value added?
- Ghana ranks 38th out of 50 countries with data for 2011.
- Is mining and quarrying, value added rising or falling in Ghana?
- Over the last ten years it is up 2,510.8%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Mining and quarrying, value added (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Value added in mining and quarrying is defined as the value of output of the mining and quarrying industries less the value of intermediate consumption (intermediate inputs). Mining and quarrying is a subset of industry (ISIC 10-14). Data are in current local currency.