Services, value added (constant LCU), annual growth rate in Ghana
Ghana: Services, value added (constant LCU), annual growth rate was 8.12 % change on previous year in 2025. ◆ Volatile
Services, value added (constant LCU), annual growth rate in Ghana, 2007–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for services, value added (constant lcu), annual growth rate in Ghana is 8.12 % change on previous year, measured in 2025.
That represents a change of up 30.6% on the previous year and up 182.3% over ten years.
Over the whole period, services, value added (constant lcu), annual growth rate in Ghana peaked at 14.82 % change on previous year in 2013 and was at its lowest, 0.6804 % change on previous year, in 2020.
Ghana ranks 16th of 196 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (constant LCU), annual growth rate in Ghana, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | 7.69 % change on previous year | — |
| 2008 | 7.99 % change on previous year | +3.9% |
| 2009 | 5.55 % change on previous year | -30.5% |
| 2010 | 9.82 % change on previous year | +77.0% |
| 2011 | 9.37 % change on previous year | -4.6% |
| 2012 | 12.08 % change on previous year | +28.9% |
| 2013 | 14.82 % change on previous year | +22.6% |
| 2014 | 5.21 % change on previous year | -64.9% |
| 2015 | 2.88 % change on previous year | -44.8% |
| 2016 | 2.76 % change on previous year | -4.1% |
| 2017 | 3.45 % change on previous year | +25.0% |
| 2018 | 2.81 % change on previous year | -18.5% |
| 2019 | 7.62 % change on previous year | +171.3% |
| 2020 | 0.6804 % change on previous year | -91.1% |
| 2021 | 9.37 % change on previous year | +1276.7% |
| 2022 | 6.27 % change on previous year | -33.1% |
| 2023 | 5.71 % change on previous year | -8.9% |
| 2024 | 6.22 % change on previous year | +8.8% |
| 2025 | 8.12 % change on previous year | +30.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.08 % change on previous year | 5.55 % change on previous year | 7.99 % change on previous year | 3 |
| 2010s | 7.08 % change on previous year | 2.76 % change on previous year | 14.82 % change on previous year | 10 |
| 2020s | 6.06 % change on previous year | 0.6804 % change on previous year | 9.37 % change on previous year | 6 |
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)
- Imports of goods and services (constant 2015 US$), annual growth rate 9.52 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3476 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 840.84 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth 239.87 % change on previous year (2024)
- External balance on goods and services (current LCU), annual growth 280.23 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 25.38 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 2.67 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 8,702 current LCU per person (2025)
Frequently asked questions
- What is services, value added (constant lcu), annual growth rate in Ghana?
- Services, value added (constant lcu), annual growth rate in Ghana was 8.12 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (constant lcu), annual growth rate recorded in Ghana?
- The highest recorded value was 14.82 % change on previous year in 2013.
- What is the lowest services, value added (constant lcu), annual growth rate recorded in Ghana?
- The lowest recorded value was 0.6804 % change on previous year in 2020.
- How does Ghana rank for services, value added (constant lcu), annual growth rate?
- Ghana ranks 16th out of 196 countries with data for 2025.
- Is services, value added (constant lcu), annual growth rate rising or falling in Ghana?
- Over the last ten years it is up 182.3%. 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 Services, value added (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 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 Services, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
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 Services, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.