Value Added (Total Manufacturing) — Annual growth US$, 2015 prices in Ghana

Ghana: Value Added (Total Manufacturing) — Annual growth US$, 2015 prices was 0.9422 % in 2023. ◆ Volatile

Latest (2023)
0.9422 %
Change on year
up 138.0%
World rank
103rd
of 203 countries
All-time high
24.29 %
in 1985
All-time low
-44.77 %
in 1993
Years of data
53
1971–2023

Value Added (Total Manufacturing) — Annual growth US$, 2015 prices in Ghana, 1971–2023

-40-20020197119972023

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

The most recent figure for value added (total manufacturing) — annual growth us$, 2015 prices in Ghana is 0.9422 %, measured in 2023.

The figure is up 138.0% on the previous year and up 181.8% over ten years.

Over the whole period, value added (total manufacturing) — annual growth us$, 2015 prices in Ghana peaked at 24.29 % in 1985 and was at its lowest, -44.77 %, in 1993.

That places Ghana 103rd out of 203 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Value Added (Total Manufacturing) — Annual growth US$, 2015 prices in Ghana, year by year

Annual values for Value Added (Total Manufacturing) — Annual growth US$, 2015 prices in Ghana, 1971 to 2023.
Year % Change
1971 -6.16 %
1972 -9.13 % +48.4%
1973 21.52 % -335.6%
1974 -5.69 % -126.4%
1975 9.1 % -260.0%
1976 -4.39 % -148.2%
1977 2.84 % -164.8%
1978 -3.11 % -209.4%
1979 -16.8 % +440.4%
1980 -1.44 % -91.4%
1981 -19.27 % +1238.3%
1982 -20.49 % +6.3%
1983 -11.17 % -45.5%
1984 12.9 % -215.6%
1985 24.29 % +88.2%
1986 11.09 % -54.4%
1987 10.01 % -9.7%
1988 5.06 % -49.5%
1989 0.5932 % -88.3%
1990 5.88 % +891.3%
1991 1.05 % -82.1%
1992 3.5 % +232.9%
1993 -44.77 % -1380.5%
1994 1.49 % -103.3%
1995 1.82 % +22.3%
1996 3.46 % +90.6%
1997 7.34 % +111.9%
1998 4.01 % -45.4%
1999 4.8 % +19.8%
2000 3.8 % -20.8%
2001 3.7 % -2.6%
2002 4.8 % +29.7%
2003 4.6 % -4.2%
2004 4.6 % +0.0%
2005 5 % +8.7%
2006 4.2 % -16.0%
2007 -1.22 % -129.0%
2008 3.7 % -404.2%
2009 -1.31 % -135.3%
2010 7.6 % -681.8%
2011 17 % +123.8%
2012 1.94 % -88.6%
2013 -1.15 % -159.4%
2014 -2.57 % +122.8%
2015 3.66 % -242.5%
2016 7.92 % +116.4%
2017 9.52 % +20.2%
2018 4.14 % -56.4%
2019 6.32 % +52.5%
2020 1.91 % -69.7%
2021 8.14 % +325.5%
2022 -2.48 % -130.5%
2023 0.9422 % -138.0%

Averages by decade

DecadeAverage LowestHighest Years
1970s -1.31 % -16.8 % 21.52 % 9
1980s 1.16 % -20.49 % 24.29 % 10
1990s -1.14 % -44.77 % 7.34 % 10
2000s 3.19 % -1.31 % 5 % 10
2010s 5.44 % -2.57 % 17 % 10
2020s 2.13 % -2.48 % 8.14 % 4

Countries ranked near Ghana

  1. 100 Slovenia 1.35 % compare
  2. 101 Philippines 1.34 % compare
  3. 102 Mexico 1.27 % compare
  4. 104 Germany 0.9052 % compare
  5. 105 French Polynesia 0.8568 % compare
  6. 106 Japan 0.8116 % compare

See the full ranking of 252 places →

More economy & growth data for Ghana

All data for Ghana →

Frequently asked questions

What is value added (total manufacturing) — annual growth us$, 2015 prices in Ghana?
Value added (total manufacturing) — annual growth us$, 2015 prices in Ghana was 0.9422 % in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest value added (total manufacturing) — annual growth us$, 2015 prices recorded in Ghana?
The highest recorded value was 24.29 % in 1985.
What is the lowest value added (total manufacturing) — annual growth us$, 2015 prices recorded in Ghana?
The lowest recorded value was -44.77 % in 1993.
How does Ghana rank for value added (total manufacturing) — annual growth us$, 2015 prices?
Ghana ranks 103rd out of 203 countries with data for 2023.
Is value added (total manufacturing) — annual growth us$, 2015 prices rising or falling in Ghana?
Over the last ten years it is up 181.8%. 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 (Total Manufacturing) — Annual growth US$, 2015 prices. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Annual growth US$, 2015 prices in Ghana. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 28 August 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-annual-growth-us-2015-prices/ghana/

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About this data

Indicator
Value Added (Total Manufacturing) — Annual growth US$, 2015 prices
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
252 places, 12,276 data points, 1971–2023
Last refreshed

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).