Value Added Deflator (Manufacturing) — Value Standard Local Currency in Ghana
Ghana: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 326.73 SLC in 2023. ◆ Volatile
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Ghana, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
The most recent figure for value added deflator (manufacturing) — value standard local currency in Ghana is 326.73 SLC, measured in 2023. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 32.7% on the previous year and up 356.8% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in Ghana peaked at 326.73 SLC in 2023 and was at its lowest, 0.0007 SLC, in 1970.
That places Ghana 13th out of 194 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Ghana, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 0.0007 SLC | — |
| 1971 | 0.0009 SLC | +18.4% |
| 1972 | 0.001 SLC | +22.4% |
| 1973 | 0.0011 SLC | +10.1% |
| 1974 | 0.0015 SLC | +30.0% |
| 1975 | 0.002 SLC | +34.4% |
| 1976 | 0.0024 SLC | +21.9% |
| 1977 | 0.0033 SLC | +36.5% |
| 1978 | 0.0052 SLC | +55.5% |
| 1979 | 0.0084 SLC | +62.2% |
| 1980 | 0.0117 SLC | +38.7% |
| 1981 | 0.0188 SLC | +60.6% |
| 1982 | 0.017 SLC | -9.6% |
| 1983 | 0.0435 SLC | +156.5% |
| 1984 | 0.0939 SLC | +115.9% |
| 1985 | 0.1726 SLC | +83.9% |
| 1986 | 0.243 SLC | +40.8% |
| 1987 | 0.2856 SLC | +17.5% |
| 1988 | 0.3707 SLC | +29.8% |
| 1989 | 0.5199 SLC | +40.2% |
| 1990 | 0.6493 SLC | +24.9% |
| 1991 | 0.7712 SLC | +18.8% |
| 1992 | 0.8659 SLC | +12.3% |
| 1993 | 2.18 SLC | +151.5% |
| 1994 | 2.8 SLC | +28.5% |
| 1995 | 4.2 SLC | +49.9% |
| 1996 | 5.49 SLC | +30.8% |
| 1997 | 6.67 SLC | +21.6% |
| 1998 | 7.81 SLC | +17.0% |
| 1999 | 8.9 SLC | +14.0% |
| 2000 | 11.3 SLC | +27.0% |
| 2001 | 15.26 SLC | +35.0% |
| 2002 | 18.74 SLC | +22.8% |
| 2003 | 24.12 SLC | +28.7% |
| 2004 | 27.12 SLC | +12.4% |
| 2005 | 31.13 SLC | +14.8% |
| 2006 | 35.08 SLC | +12.7% |
| 2007 | 38.77 SLC | +10.5% |
| 2008 | 42.76 SLC | +10.3% |
| 2009 | 47.16 SLC | +10.3% |
| 2010 | 52.02 SLC | +10.3% |
| 2011 | 58.08 SLC | +11.6% |
| 2012 | 63.21 SLC | +8.8% |
| 2013 | 71.53 SLC | +13.2% |
| 2014 | 89 SLC | +24.4% |
| 2015 | 100 SLC | +12.4% |
| 2016 | 108.1 SLC | +8.1% |
| 2017 | 110.83 SLC | +2.5% |
| 2018 | 124.56 SLC | +12.4% |
| 2019 | 135.92 SLC | +9.1% |
| 2020 | 158.03 SLC | +16.3% |
| 2021 | 171.07 SLC | +8.3% |
| 2022 | 246.27 SLC | +44.0% |
| 2023 | 326.73 SLC | +32.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0027 SLC | 0.0007 SLC | 0.0084 SLC | 10 |
| 1980s | 0.1777 SLC | 0.0117 SLC | 0.5199 SLC | 10 |
| 1990s | 4.03 SLC | 0.6493 SLC | 8.9 SLC | 10 |
| 2000s | 29.14 SLC | 11.3 SLC | 47.16 SLC | 10 |
| 2010s | 91.32 SLC | 52.02 SLC | 135.92 SLC | 10 |
| 2020s | 225.53 SLC | 158.03 SLC | 326.73 SLC | 4 |
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)
- GDP (current US$), annual growth rate 37.13 % change on previous year (2025)
- GDP (current US$), per capita 3,257 current US$ per person (2025)
- GDP (current LCU), annual growth rate 21.25 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 12.56 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 40,899 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 5.95 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.694 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 2,261 constant 2015 US$ per person (2025)
Frequently asked questions
- What is value added deflator (manufacturing) — value standard local currency in Ghana?
- Value added deflator (manufacturing) — value standard local currency in Ghana was 326.73 SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in Ghana?
- The highest recorded value was 326.73 SLC in 2023.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Ghana?
- The lowest recorded value was 0.0007 SLC in 1970.
- How does Ghana rank for value added deflator (manufacturing) — value standard local currency?
- Ghana ranks 13th out of 194 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in Ghana?
- Over the last ten years it is up 356.8%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).