Value Added (Total Manufacturing) — Value Standard Local Currency in Ghana
Ghana: Value Added (Total Manufacturing) — Value Standard Local Currency was 94,483 million SLC in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Ghana, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Ghana stood at 94,483 million SLC. That is the highest value across all 54 years on record.
That represents a change of up 33.9% on the previous year and up 555.0% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Ghana peaked at 94,483 million SLC in 2023 and was at its lowest, 0.1273 million SLC, in 1970.
Ghana ranks 107th of 215 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.4525 million SLC | 0.1273 million SLC | 1.26 million SLC | 10 |
| 1980s | 24.66 million SLC | 1.6 million SLC | 79.14 million SLC | 10 |
| 1990s | 440.98 million SLC | 104.64 million SLC | 1,036 million SLC | 10 |
| 2000s | 4,357 million SLC | 1,366 million SLC | 7,498 million SLC | 10 |
| 2010s | 20,360 million SLC | 8,899 million SLC | 36,229 million SLC | 10 |
| 2020s | 64,556 million SLC | 42,930 million SLC | 94,483 million SLC | 4 |
Countries ranked near Ghana
- 104 North Macedonia 104,115 million SLC compare
- 105 Afghanistan 103,243 million SLC compare
- 106 Mozambique 95,252 million SLC compare
- 108 Yugoslav SFR 92,948 million SLC compare
- 109 Nicaragua 89,360 million SLC compare
- 110 Austria 75,111 million SLC compare
More economy & growth data for Ghana
- External balance on goods and services as a percent of gdp 1.14 (2024)
- Inflation of consumer prices 14.2 (2025)
- Gdp per capita worldbank constant usd 2,261 (2025)
- Manufacturing value added to gdp 10.11 (2025)
- Gdp worldbank constant usd 79.27 billion (2025)
- Gdp per capita in international and market dollars 2,261 (2025)
- DEC alternative conversion factor 12.56 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 12.07 billion current LCU (2017)
- Net secondary income (Net current transfers from abroad) 2.77 billion current US$ (2017)
- Taxes less subsidies on products 94.62 billion current LCU (2025)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Ghana?
- Value added (total manufacturing) — value standard local currency in Ghana was 94,483 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Ghana?
- The highest recorded value was 94,483 million SLC in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Ghana?
- The lowest recorded value was 0.1273 million SLC in 1970.
- How does Ghana rank for value added (total manufacturing) — value standard local currency?
- Ghana ranks 107th out of 215 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Ghana?
- Over the last ten years it is up 555.0%. 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) — Value Standard Local Currency. 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 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).