Services, value added (current LCU), annual growth rate in Ghana
Ghana: Services, value added (current LCU), annual growth rate was 19.1 % change on previous year in 2025. ◆ Volatile
Services, value added (current LCU), annual growth rate in Ghana, 1985–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, services, value added (current lcu), annual growth rate in Ghana stood at 19.1 % change on previous year.
Compared with earlier readings it is down 45.3% on the previous year and down 24.3% over ten years.
Over the whole period, services, value added (current lcu), annual growth rate in Ghana peaked at 209.02 % change on previous year in 2006 and was at its lowest, 1.59 % change on previous year, in 1993.
That places Ghana 21st out of 204 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (current LCU), annual growth rate in Ghana, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1985 | 12.59 % change on previous year | — |
| 1986 | 65.47 % change on previous year | +420.0% |
| 1987 | 38.82 % change on previous year | -40.7% |
| 1988 | 44.06 % change on previous year | +13.5% |
| 1989 | 33.95 % change on previous year | -23.0% |
| 1990 | 53.78 % change on previous year | +58.4% |
| 1991 | 24.8 % change on previous year | -53.9% |
| 1992 | 15.52 % change on previous year | -37.4% |
| 1993 | 1.59 % change on previous year | -89.8% |
| 1994 | 33.48 % change on previous year | +2011.3% |
| 1995 | 51.17 % change on previous year | +52.8% |
| 1996 | 38.37 % change on previous year | -25.0% |
| 1997 | 32.25 % change on previous year | -15.9% |
| 1998 | 24.07 % change on previous year | -25.4% |
| 1999 | 19.75 % change on previous year | -18.0% |
| 2000 | 33.8 % change on previous year | +71.2% |
| 2001 | 41.88 % change on previous year | +23.9% |
| 2002 | 28.59 % change on previous year | -31.7% |
| 2003 | 34.71 % change on previous year | +21.4% |
| 2004 | 19.14 % change on previous year | -44.9% |
| 2005 | 22.75 % change on previous year | +18.9% |
| 2006 | 209.02 % change on previous year | +818.8% |
| 2007 | 25.67 % change on previous year | -87.7% |
| 2008 | 27.59 % change on previous year | +7.5% |
| 2009 | 25.9 % change on previous year | -6.1% |
| 2010 | 26.45 % change on previous year | +2.1% |
| 2011 | 23.62 % change on previous year | -10.7% |
| 2012 | 30.68 % change on previous year | +29.9% |
| 2013 | 40.98 % change on previous year | +33.6% |
| 2014 | 17.51 % change on previous year | -57.3% |
| 2015 | 25.24 % change on previous year | +44.2% |
| 2016 | 29.7 % change on previous year | +17.6% |
| 2017 | 18.49 % change on previous year | -37.7% |
| 2018 | 17.95 % change on previous year | -2.9% |
| 2019 | 19.41 % change on previous year | +8.1% |
| 2020 | 10.04 % change on previous year | -48.3% |
| 2021 | 18.15 % change on previous year | +80.7% |
| 2022 | 25.59 % change on previous year | +41.0% |
| 2023 | 45.64 % change on previous year | +78.4% |
| 2024 | 34.89 % change on previous year | -23.6% |
| 2025 | 19.1 % change on previous year | -45.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 38.98 % change on previous year | 12.59 % change on previous year | 65.47 % change on previous year | 5 |
| 1990s | 29.48 % change on previous year | 1.59 % change on previous year | 53.78 % change on previous year | 10 |
| 2000s | 46.91 % change on previous year | 19.14 % change on previous year | 209.02 % change on previous year | 10 |
| 2010s | 25 % change on previous year | 17.51 % change on previous year | 40.98 % change on previous year | 10 |
| 2020s | 25.57 % change on previous year | 10.04 % change on previous year | 45.64 % change on previous year | 6 |
Countries ranked near Ghana
- 18 Congo 20.03 % change on previous year compare
- 19 Burundi 19.58 % change on previous year compare
- 20 Suriname 19.48 % change on previous year compare
- 22 Iran, Islamic Republic of 18.37 % change on previous year compare
- 23 Rwanda 17.72 % change on previous year compare
- 24 Ukraine 17.71 % 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)
- Services, value added (current US$), annual growth rate 34.7 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4287 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 1,396 current US$ per person (2025)
- Services, value added (current LCU), per unit of GDP 5.38 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 17,535 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 8.12 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.293 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 954.42 constant 2015 US$ per person (2025)
Frequently asked questions
- What is services, value added (current lcu), annual growth rate in Ghana?
- Services, value added (current lcu), annual growth rate in Ghana was 19.1 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (current lcu), annual growth rate recorded in Ghana?
- The highest recorded value was 209.02 % change on previous year in 2006.
- What is the lowest services, value added (current lcu), annual growth rate recorded in Ghana?
- The lowest recorded value was 1.59 % change on previous year in 1993.
- How does Ghana rank for services, value added (current lcu), annual growth rate?
- Ghana ranks 21st out of 204 countries with data for 2025.
- Is services, value added (current lcu), annual growth rate rising or falling in Ghana?
- Over the last ten years it is down 24.3%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 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 (current 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.