Real gdp growth in Ghana
Ghana: Real gdp growth was 5.85 in 2024. ◆ Volatile
Latest (2024)
5.85
Change on year
up 86.9%
World rank
31st
of 196 countries
All-time high
13.96
in 2011
All-time low
-8.3
in 1982
Years of data
45
1980–2024
Real gdp growth in Ghana, 1980–2024
Source: Our World in Data.
Analysis
In 2024, real gdp growth in Ghana stood at 5.85.
Compared with earlier readings it is up 86.9% on the previous year and up 104.7% over ten years.
Over the whole period, real gdp growth in Ghana peaked at 13.96 in 2011 and was at its lowest, -8.3, in 1982.
Ghana ranks 31st of 196 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.18 | -8.3 | 9.38 | 10 |
| 1990s | 4.55 | 3.51 | 5.8 | 10 |
| 2000s | 5.34 | 3.6 | 9 | 10 |
| 2010s | 6.66 | 2.12 | 13.96 | 10 |
| 2020s | 3.68 | 0.514 | 5.85 | 5 |
Countries ranked near Ghana
- 29 Uganda 6 compare
- 30 Gambia 5.92 compare
- 32 Mozambique 5.5 compare
- 33 Guinea-Bissau 5.2 compare
- 34 Malaysia 5.17 compare
More economy & growth data for Ghana
- External balance on goods and services as a percent of gdp 1.14 (2024)
- Inflation of consumer prices 14.2 (2025)
- Gdp per capita worldbank constant usd 2,261 (2025)
- Manufacturing value added to gdp 10.11 (2025)
- Gdp worldbank constant usd 79.27 billion (2025)
- Gdp per capita in international and market dollars 2,261 (2025)
- DEC alternative conversion factor 12.56 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 12.07 billion current LCU (2017)
- Net secondary income (Net current transfers from abroad) 2.77 billion current US$ (2017)
- Taxes less subsidies on products 94.62 billion current LCU (2025)
Frequently asked questions
- What is real gdp growth in Ghana?
- Real gdp growth in Ghana was 5.85 in 2024, according to Our World in Data.
- What is the highest real gdp growth recorded in Ghana?
- The highest recorded value was 13.96 in 2011.
- What is the lowest real gdp growth recorded in Ghana?
- The lowest recorded value was -8.3 in 1982.
- How does Ghana rank for real gdp growth?
- Ghana ranks 31st out of 196 countries with data for 2024.
- Is real gdp growth rising or falling in Ghana?
- Over the last ten years it is up 104.7%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Our World in Data, published as part of Real gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (Our World in Data).