Mining and quarrying, value added in Ghana
Ghana: Mining and quarrying, value added was 3.10 billion current US$ 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 US$.
Analysis
In 2011, mining and quarrying, value added in Ghana stood at 3.10 billion current US$. That is the highest value across all 45 years on record.
Compared with earlier readings it is up 338.2% on the previous year and up 1,137.0% over ten years.
Over the whole period, mining and quarrying, value added in Ghana peaked at 3.10 billion current US$ in 2011 and was at its lowest, 13.31 million current US$, in 1982.
Ghana ranks 13th of 50 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Mining and quarrying, value added in Ghana, year by year
| Year | current US$ | Change |
|---|---|---|
| 1965 | 49.03 million current US$ | — |
| 1966 | 57.43 million current US$ | +17.1% |
| 1967 | 49.95 million current US$ | -13.0% |
| 1968 | 41.18 million current US$ | -17.6% |
| 1969 | 39.22 million current US$ | -4.8% |
| 1970 | 37.26 million current US$ | -5.0% |
| 1971 | 39.25 million current US$ | +5.4% |
| 1972 | 47.57 million current US$ | +21.2% |
| 1973 | 57.39 million current US$ | +20.6% |
| 1974 | 62.11 million current US$ | +8.2% |
| 1975 | 55.59 million current US$ | -10.5% |
| 1976 | 37.03 million current US$ | -33.4% |
| 1977 | 25.57 million current US$ | -31.0% |
| 1978 | 20.80 million current US$ | -18.6% |
| 1979 | 33.90 million current US$ | +63.0% |
| 1980 | 47.93 million current US$ | +41.4% |
| 1981 | 21.45 million current US$ | -55.2% |
| 1982 | 13.31 million current US$ | -38.0% |
| 1983 | 42.86 million current US$ | +222.1% |
| 1984 | 52.41 million current US$ | +22.3% |
| 1985 | 50.18 million current US$ | -4.3% |
| 1986 | 98.34 million current US$ | +96.0% |
| 1987 | 92.72 million current US$ | -5.7% |
| 1988 | 102.85 million current US$ | +10.9% |
| 1989 | 97.50 million current US$ | -5.2% |
| 1990 | 109.84 million current US$ | +12.7% |
| 1991 | 124.00 million current US$ | +12.9% |
| 1992 | 130.75 million current US$ | +5.4% |
| 1993 | 325.88 million current US$ | +149.2% |
| 1994 | 306.59 million current US$ | -5.9% |
| 1995 | 309.81 million current US$ | +1.0% |
| 1996 | 327.73 million current US$ | +5.8% |
| 1999 | 393.45 million current US$ | +20.1% |
| 2000 | 248.16 million current US$ | -36.9% |
| 2001 | 250.79 million current US$ | +1.1% |
| 2002 | 291.15 million current US$ | +16.1% |
| 2003 | 358.67 million current US$ | +23.2% |
| 2004 | 407.26 million current US$ | +13.5% |
| 2005 | 493.46 million current US$ | +21.2% |
| 2006 | 542.75 million current US$ | +10.0% |
| 2007 | 643.25 million current US$ | +18.5% |
| 2008 | 655.29 million current US$ | +1.9% |
| 2009 | 525.27 million current US$ | -19.8% |
| 2010 | 707.88 million current US$ | +34.8% |
| 2011 | 3.10 billion current US$ | +338.2% |
Ghana compared with similar countries
- Ghana's 3.10 billion current US$ is above the median for lower middle income countries, which is 785.24 million current US$, 4.0× the median. (24 countries reporting)
- Ghana's 3.10 billion current US$ is above the median for Sub-Saharan Africa, which is 348.41 million current US$, 8.9× the median. (44 countries reporting)
Biggest year-on-year movements
Years where Mining and quarrying, value added in Ghana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +338.2% | 707.88 million current US$ | 3.10 billion current US$ |
| 1983 | +222.1% | 13.31 million current US$ | 42.86 million current US$ |
| 1993 | +149.2% | 130.75 million current US$ | 325.88 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 47.36 million current US$ | 39.22 million current US$ | 57.43 million current US$ | 5 |
| 1970s | 41.65 million current US$ | 20.80 million current US$ | 62.11 million current US$ | 10 |
| 1980s | 61.95 million current US$ | 13.31 million current US$ | 102.85 million current US$ | 10 |
| 1990s | 253.50 million current US$ | 109.84 million current US$ | 393.45 million current US$ | 8 |
| 2000s | 441.60 million current US$ | 248.16 million current US$ | 655.29 million current US$ | 10 |
| 2010s | 1.91 billion current US$ | 707.88 million current US$ | 3.10 billion current US$ | 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$), annual growth rate 23.42 % change on previous year (2024)
Frequently asked questions
- What is mining and quarrying, value added in Ghana?
- Mining and quarrying, value added in Ghana was 3.10 billion current US$ 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 3.10 billion current US$ in 2011.
- What is the lowest mining and quarrying, value added recorded in Ghana?
- The lowest recorded value was 13.31 million current US$ in 1982.
- How does Ghana rank for mining and quarrying, value added?
- Ghana ranks 13th 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 1,137.0%. 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 US$). Statizoid updates them automatically from the source API.
Download this data
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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 U.S. dollars.