Value Added (Total Manufacturing) — Annual growth Standard Local in Ghana
Ghana: Value Added (Total Manufacturing) — Annual growth Standard Local was 33.92 % in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Annual growth Standard Local in Ghana, 1971–2023
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
The most recent figure for value added (total manufacturing) — annual growth standard local in Ghana is 33.92 %, measured in 2023.
Compared with earlier readings it is down 16.0% on the previous year and up 186.2% over ten years.
Over the whole period, value added (total manufacturing) — annual growth standard local in Ghana peaked at 143.71 % in 1984 and was at its lowest, -28.14 %, in 1982.
That places Ghana 14th out of 202 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 (Total Manufacturing) — Annual growth Standard Local in Ghana, year by year
| Year | % | Change |
|---|---|---|
| 1971 | 11.11 % | — |
| 1972 | 11.2 % | +0.8% |
| 1973 | 33.8 % | +201.9% |
| 1974 | 22.6 % | -33.1% |
| 1975 | 46.65 % | +106.4% |
| 1976 | 16.52 % | -64.6% |
| 1977 | 40.37 % | +144.3% |
| 1978 | 50.64 % | +25.4% |
| 1979 | 34.97 % | -30.9% |
| 1980 | 36.7 % | +4.9% |
| 1981 | 29.64 % | -19.2% |
| 1982 | -28.14 % | -194.9% |
| 1983 | 127.83 % | -554.2% |
| 1984 | 143.71 % | +12.4% |
| 1985 | 128.61 % | -10.5% |
| 1986 | 56.37 % | -56.2% |
| 1987 | 29.29 % | -48.0% |
| 1988 | 36.37 % | +24.2% |
| 1989 | 41.07 % | +12.9% |
| 1990 | 32.23 % | -21.5% |
| 1991 | 20.03 % | -37.9% |
| 1992 | 16.2 % | -19.1% |
| 1993 | 38.91 % | +140.2% |
| 1994 | 30.42 % | -21.8% |
| 1995 | 52.66 % | +73.1% |
| 1996 | 35.31 % | -32.9% |
| 1997 | 30.53 % | -13.5% |
| 1998 | 21.69 % | -29.0% |
| 1999 | 19.47 % | -10.2% |
| 2000 | 31.83 % | +63.5% |
| 2001 | 39.99 % | +25.7% |
| 2002 | 28.69 % | -28.3% |
| 2003 | 34.62 % | +20.7% |
| 2004 | 17.61 % | -49.1% |
| 2005 | 20.54 % | +16.6% |
| 2006 | 17.43 % | -15.1% |
| 2007 | 9.16 % | -47.5% |
| 2008 | 14.38 % | +57.0% |
| 2009 | 8.86 % | -38.4% |
| 2010 | 18.69 % | +110.9% |
| 2011 | 30.61 % | +63.8% |
| 2012 | 10.96 % | -64.2% |
| 2013 | 11.85 % | +8.1% |
| 2014 | 21.23 % | +79.1% |
| 2015 | 16.48 % | -22.4% |
| 2016 | 16.66 % | +1.1% |
| 2017 | 12.28 % | -26.3% |
| 2018 | 17.05 % | +38.8% |
| 2019 | 16.01 % | -6.1% |
| 2020 | 18.49 % | +15.5% |
| 2021 | 17.07 % | -7.7% |
| 2022 | 40.38 % | +136.6% |
| 2023 | 33.92 % | -16.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 29.76 % | 11.11 % | 50.64 % | 9 |
| 1980s | 60.14 % | -28.14 % | 143.71 % | 10 |
| 1990s | 29.74 % | 16.2 % | 52.66 % | 10 |
| 2000s | 22.31 % | 8.86 % | 39.99 % | 10 |
| 2010s | 17.18 % | 10.96 % | 30.61 % | 10 |
| 2020s | 27.47 % | 17.07 % | 40.38 % | 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)
- Industry (including construction), value added (constant 2015 US$) 2.3 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2009 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 654.21 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 2.3 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.5667 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 1,846 constant LCU per person (2025)
- 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)
Frequently asked questions
- What is value added (total manufacturing) — annual growth standard local in Ghana?
- Value added (total manufacturing) — annual growth standard local in Ghana was 33.92 % in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — annual growth standard local recorded in Ghana?
- The highest recorded value was 143.71 % in 1984.
- What is the lowest value added (total manufacturing) — annual growth standard local recorded in Ghana?
- The lowest recorded value was -28.14 % in 1982.
- How does Ghana rank for value added (total manufacturing) — annual growth standard local?
- Ghana ranks 14th out of 202 countries with data for 2023.
- Is value added (total manufacturing) — annual growth standard local rising or falling in Ghana?
- Over the last ten years it is up 186.2%. 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 (Total Manufacturing) — Annual growth Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).