Real gdp growth, annual growth rate in Ghana
Ghana: Real gdp growth, annual growth rate was 86.92 % change on previous year in 2024. ◆ Volatile
Real gdp growth, annual growth rate in Ghana, 1981–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Ghana recorded 86.92 % change on previous year for real gdp growth, annual growth rate in 2024.
That represents a change of up 581.0% on the previous year and up 243.5% over ten years.
Over the whole period, real gdp growth, annual growth rate in Ghana peaked at 887.55 % change on previous year in 2021 and was at its lowest, -928.7 % change on previous year, in 1981.
That places Ghana 35th out of 196 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Real gdp growth, annual growth rate in Ghana, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1981 | -928.7 % change on previous year | — |
| 1982 | -121.18 % change on previous year | -87.0% |
| 1983 | 25.06 % change on previous year | -120.7% |
| 1984 | 250.72 % change on previous year | +900.4% |
| 1985 | -31.4 % change on previous year | -112.5% |
| 1986 | -3.79 % change on previous year | -87.9% |
| 1987 | 7.59 % change on previous year | -300.2% |
| 1988 | -2.87 % change on previous year | -137.8% |
| 1989 | -29.79 % change on previous year | +938.7% |
| 1990 | -20.83 % change on previous year | -30.1% |
| 1991 | 32.8 % change on previous year | -257.4% |
| 1992 | -6.3 % change on previous year | -119.2% |
| 1993 | 6.68 % change on previous year | -206.0% |
| 1994 | -26.49 % change on previous year | -496.3% |
| 1995 | 20.67 % change on previous year | -178.0% |
| 1996 | 12.57 % change on previous year | -39.2% |
| 1997 | 21.66 % change on previous year | +72.3% |
| 1998 | -13.58 % change on previous year | -162.7% |
| 1999 | -9.6 % change on previous year | -29.3% |
| 2000 | -20.6 % change on previous year | +114.6% |
| 2001 | 6.45 % change on previous year | -131.3% |
| 2002 | 20.61 % change on previous year | +219.5% |
| 2003 | 10.72 % change on previous year | -48.0% |
| 2004 | 5.71 % change on previous year | -46.7% |
| 2005 | 15.29 % change on previous year | +167.6% |
| 2006 | -6.63 % change on previous year | -143.4% |
| 2007 | -29.96 % change on previous year | +352.0% |
| 2008 | 120.99 % change on previous year | -503.8% |
| 2009 | -36.9 % change on previous year | -130.5% |
| 2010 | 36.91 % change on previous year | -200.0% |
| 2011 | 79.42 % change on previous year | +115.1% |
| 2012 | -39.65 % change on previous year | -149.9% |
| 2013 | -14.02 % change on previous year | -64.6% |
| 2014 | -60.56 % change on previous year | +331.9% |
| 2015 | -25.74 % change on previous year | -57.5% |
| 2016 | 59.03 % change on previous year | -329.4% |
| 2017 | 141 % change on previous year | +138.9% |
| 2018 | -23.73 % change on previous year | -116.8% |
| 2019 | 4.97 % change on previous year | -120.9% |
| 2020 | -92.1 % change on previous year | -1954.0% |
| 2021 | 887.55 % change on previous year | -1063.7% |
| 2022 | -24.78 % change on previous year | -102.8% |
| 2023 | -18.07 % change on previous year | -27.1% |
| 2024 | 86.92 % change on previous year | -581.0% |
Biggest year-on-year movements
Years where Real gdp growth, annual growth rate 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 |
|---|---|---|---|
| 2020 | -1954.0% | 4.97 % change on previous year | -92.1 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -92.71 % change on previous year | -928.7 % change on previous year | 250.72 % change on previous year | 9 |
| 1990s | 1.76 % change on previous year | -26.49 % change on previous year | 32.8 % change on previous year | 10 |
| 2000s | 8.57 % change on previous year | -36.9 % change on previous year | 120.99 % change on previous year | 10 |
| 2010s | 15.76 % change on previous year | -60.56 % change on previous year | 141 % change on previous year | 10 |
| 2020s | 167.9 % change on previous year | -92.1 % change on previous year | 887.55 % change on previous year | 5 |
Countries ranked near Ghana
- 32 Micronesia, Federated States of 101.67 % change on previous year compare
- 33 Australia 96.31 % change on previous year compare
- 34 Latvia 96.07 % change on previous year compare
- 36 Barbados 85.61 % change on previous year compare
- 37 Yemen, Republic of 84.27 % change on previous year compare
- 38 Timor-Leste, Democratic Republic of 83.93 % change on previous year compare
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
Frequently asked questions
- What is real gdp growth, annual growth rate in Ghana?
- Real gdp growth, annual growth rate in Ghana was 86.92 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest real gdp growth, annual growth rate recorded in Ghana?
- The highest recorded value was 887.55 % change on previous year in 2021.
- What is the lowest real gdp growth, annual growth rate recorded in Ghana?
- The lowest recorded value was -928.7 % change on previous year in 1981.
- How does Ghana rank for real gdp growth, annual growth rate?
- Ghana ranks 35th out of 196 countries with data for 2024.
- Is real gdp growth, annual growth rate rising or falling in Ghana?
- Over the last ten years it is up 243.5%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Statizoid (derived), published as part of Real gdp growth, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Real gdp growth. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Real gdp growth Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Real gdp growth. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.