Mining and quarrying, value added in Ghana

Ghana: Mining and quarrying, value added was 4.69 billion current LCU in 2011. ◆ Volatile

Latest (2011)
4.69 billion current LCU
Change on year
up 363.0%
World rank
38th
of 50 countries
All-time high
4.69 billion current LCU
in 2011
All-time low
3,500 current LCU
in 1965
Years of data
45
1965–2011

Mining and quarrying, value added in Ghana, 1965–2011

01.0B2.0B3.0B4.0B5.0B1965198820111965: 3.5k current LCU1966: 4.1k current LCU1967: 4.3k current LCU1968: 4.2k current LCU1969: 4.0k current LCU1970: 3.8k current LCU1971: 4.1k current LCU1972: 6.3k current LCU1973: 8.2k current LCU1974: 10.0k current LCU1975: 10.4k current LCU1976: 8.7k current LCU1977: 8.9k current LCU1978: 11.9k current LCU1979: 23.8k current LCU1980: 46.2k current LCU1981: 36.9k current LCU1982: 28.5k current LCU1983: 194.4k current LCU1984: 321.4k current LCU1985: 382.2k current LCU1986: 878.0k current LCU1987: 1.4M current LCU1988: 2.1M current LCU1989: 2.6M current LCU1990: 3.6M current LCU1991: 4.6M current LCU1992: 5.7M current LCU1993: 21.1M current LCU1994: 29.3M current LCU1995: 37.1M current LCU1996: 53.6M current LCU1999: 104.9M current LCU2000: 135.2M current LCU2001: 179.6M current LCU2002: 230.7M current LCU2003: 310.9M current LCU2004: 366.3M current LCU2005: 447.2M current LCU2006: 497.4M current LCU2007: 601.6M current LCU2008: 693.2M current LCU2009: 740.0M current LCU2010: 1.0B current LCU2011: 4.7B current LCU

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 35 Ethiopia 7.85 billion current LCU compare
  2. 36 Liberia 7.45 billion current LCU compare
  3. 37 Benin 7.44 billion current LCU compare
  4. 39 Mozambique 2.97 billion current LCU compare
  5. 40 Lesotho 1.61 billion current LCU compare
  6. 41 Zimbabwe 1.11 billion current LCU compare

See the full ranking of 50 places →

More economy & growth data for Ghana

All data for Ghana →

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.

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About this data

Indicator
Mining and quarrying, value added (current LCU)
Unit
current LCU
Source
World Bank national accounts data, and OECD National Accounts data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
50 places, 1,670 data points, 1965–2011
Last refreshed

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.