Value Added Deflator (Manufacturing) — Value US$, 2015 prices in Ghana
Ghana: Value Added Deflator (Manufacturing) — Value US$, 2015 prices was 110.13 USD in 2023. ▲ Rising
Value Added Deflator (Manufacturing) — Value US$, 2015 prices in Ghana, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Ghana recorded 110.13 USD for value added deflator (manufacturing) — value us$, 2015 prices in 2023.
That represents a change of down 0.4% on the previous year and down 17.9% over ten years.
Over the whole period, value added deflator (manufacturing) — value us$, 2015 prices in Ghana peaked at 154.42 USD in 2007 and was at its lowest, 24.05 USD, in 1973.
That places Ghana 124th out of 203 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added Deflator (Manufacturing) — Value US$, 2015 prices in Ghana, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 26.23 USD | — |
| 1971 | 30.62 USD | +16.7% |
| 1972 | 29.08 USD | -5.0% |
| 1973 | 24.05 USD | -17.3% |
| 1974 | 27.36 USD | +13.8% |
| 1975 | 31.04 USD | +13.4% |
| 1976 | 31.16 USD | +0.4% |
| 1977 | 27.01 USD | -13.3% |
| 1978 | 25.94 USD | -4.0% |
| 1979 | 33.04 USD | +27.4% |
| 1980 | 33.05 USD | +0.1% |
| 1981 | 33.09 USD | +0.1% |
| 1982 | 24.83 USD | -25.0% |
| 1983 | 29.66 USD | +19.5% |
| 1984 | 49.02 USD | +65.3% |
| 1985 | 77.09 USD | +57.3% |
| 1986 | 78.13 USD | +1.3% |
| 1987 | 67.6 USD | -13.5% |
| 1988 | 68.1 USD | +0.7% |
| 1989 | 71.57 USD | +5.1% |
| 1990 | 73.95 USD | +3.3% |
| 1991 | 77.93 USD | +5.4% |
| 1992 | 73.63 USD | -5.5% |
| 1993 | 124.7 USD | +69.4% |
| 1994 | 108.77 USD | -12.8% |
| 1995 | 129.98 USD | +19.5% |
| 1996 | 124.63 USD | -4.1% |
| 1997 | 121.04 USD | -2.9% |
| 1998 | 125.46 USD | +3.7% |
| 1999 | 123.99 USD | -1.2% |
| 2000 | 77.05 USD | -37.9% |
| 2001 | 79.13 USD | +2.7% |
| 2002 | 87.84 USD | +11.0% |
| 2003 | 103.36 USD | +17.7% |
| 2004 | 111.98 USD | +8.3% |
| 2005 | 127.75 USD | +14.1% |
| 2006 | 142.41 USD | +11.5% |
| 2007 | 154.42 USD | +8.4% |
| 2008 | 150.95 USD | -2.2% |
| 2009 | 124.7 USD | -17.4% |
| 2010 | 135.14 USD | +8.4% |
| 2011 | 141.87 USD | +5.0% |
| 2012 | 128.68 USD | -9.3% |
| 2013 | 134.1 USD | +4.2% |
| 2014 | 114.13 USD | -14.9% |
| 2015 | 100 USD | -12.4% |
| 2016 | 102.7 USD | +2.7% |
| 2017 | 94.63 USD | -7.9% |
| 2018 | 100.91 USD | +6.6% |
| 2019 | 96.77 USD | -4.1% |
| 2020 | 104.91 USD | +8.4% |
| 2021 | 109.46 USD | +4.3% |
| 2022 | 110.59 USD | +1.0% |
| 2023 | 110.13 USD | -0.4% |
Ghana compared with similar countries
- Ghana's 110.13 USD is above the median for lower middle income countries, which is 110.13 USD, 1.0× the median. (41 countries reporting)
- Ghana's 110.13 USD is below the median for Sub-Saharan Africa, which is 113.86 USD, 97% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where Value Added Deflator (Manufacturing) — Value US$, 2015 prices in Ghana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +69.4% | 73.63 USD | 124.7 USD |
| 1984 | +65.3% | 29.66 USD | 49.02 USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 28.55 USD | 24.05 USD | 33.04 USD | 10 |
| 1980s | 53.22 USD | 24.83 USD | 78.13 USD | 10 |
| 1990s | 108.41 USD | 73.63 USD | 129.98 USD | 10 |
| 2000s | 115.96 USD | 77.05 USD | 154.42 USD | 10 |
| 2010s | 114.89 USD | 94.63 USD | 141.87 USD | 10 |
| 2020s | 108.77 USD | 104.91 USD | 110.59 USD | 4 |
Countries ranked near Ghana
More economy & growth data for Ghana
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.15 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 38.84 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0003 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1.11 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.91 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 8.08 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0167 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 54.42 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 23.42 % change on previous year (2024)
Frequently asked questions
- What is value added deflator (manufacturing) — value us$, 2015 prices in Ghana?
- Value added deflator (manufacturing) — value us$, 2015 prices in Ghana was 110.13 USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added deflator (manufacturing) — value us$, 2015 prices recorded in Ghana?
- The highest recorded value was 154.42 USD in 2007.
- What is the lowest value added deflator (manufacturing) — value us$, 2015 prices recorded in Ghana?
- The lowest recorded value was 24.05 USD in 1973.
- How does Ghana rank for value added deflator (manufacturing) — value us$, 2015 prices?
- Ghana ranks 124th out of 203 countries with data for 2023.
- Is value added deflator (manufacturing) — value us$, 2015 prices rising or falling in Ghana?
- Over the last ten years it is down 17.9%. The long-run trend across the full record is rising.
- Where does this Ghana data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added Deflator (Manufacturing) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).