Services, value added (constant LCU) in Ghana
Ghana: Services, value added (constant LCU) was 91.37 billion constant LCU in 2025. ▲ Rising
Services, value added in Ghana, 2006–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2025, services, value added in Ghana stood at 91.37 billion constant LCU. That is the highest value across all 20 years on record.
The figure is up 8.1% on the previous year and up 67.1% over ten years.
Over the whole period, services, value added in Ghana peaked at 91.37 billion constant LCU in 2025 and was at its lowest, 26.63 billion constant LCU, in 2006.
That places Ghana 124th out of 199 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Services, value added (constant LCU) in Ghana, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2006 | 26.63 billion constant LCU | — |
| 2007 | 28.68 billion constant LCU | +7.7% |
| 2008 | 30.97 billion constant LCU | +8.0% |
| 2009 | 32.69 billion constant LCU | +5.6% |
| 2010 | 35.90 billion constant LCU | +9.8% |
| 2011 | 39.26 billion constant LCU | +9.4% |
| 2012 | 44.00 billion constant LCU | +12.1% |
| 2013 | 50.52 billion constant LCU | +14.8% |
| 2014 | 53.15 billion constant LCU | +5.2% |
| 2015 | 54.68 billion constant LCU | +2.9% |
| 2016 | 56.19 billion constant LCU | +2.8% |
| 2017 | 58.13 billion constant LCU | +3.4% |
| 2018 | 59.76 billion constant LCU | +2.8% |
| 2019 | 64.32 billion constant LCU | +7.6% |
| 2020 | 64.75 billion constant LCU | +0.7% |
| 2021 | 70.82 billion constant LCU | +9.4% |
| 2022 | 75.26 billion constant LCU | +6.3% |
| 2023 | 79.56 billion constant LCU | +5.7% |
| 2024 | 84.51 billion constant LCU | +6.2% |
| 2025 | 91.37 billion constant LCU | +8.1% |
Ghana compared with similar countries
- Ghana's 91.37 billion constant LCU is below the median for lower middle income countries, which is 455.52 billion constant LCU, 20% of the median. (47 countries reporting)
- Ghana's 91.37 billion constant LCU is below the median for Sub-Saharan Africa, which is 1.66 trillion constant LCU, 5% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 29.74 billion constant LCU | 26.63 billion constant LCU | 32.69 billion constant LCU | 4 |
| 2010s | 51.59 billion constant LCU | 35.90 billion constant LCU | 64.32 billion constant LCU | 10 |
| 2020s | 77.71 billion constant LCU | 64.75 billion constant LCU | 91.37 billion constant LCU | 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)
- 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 services, value added in Ghana?
- Services, value added in Ghana was 91.37 billion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Ghana?
- The highest recorded value was 91.37 billion constant LCU in 2025.
- What is the lowest services, value added recorded in Ghana?
- The lowest recorded value was 26.63 billion constant LCU in 2006.
- How does Ghana rank for services, value added?
- Ghana ranks 124th out of 199 countries with data for 2025.
- Is services, value added rising or falling in Ghana?
- Over the last ten years it is up 67.1%. The long-run trend across the full record is rising.
- Where does this Ghana data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (constant LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.