Value Added (Total Manufacturing) — Value US$, 2015 prices in Ghana
Ghana: Value Added (Total Manufacturing) — Value US$, 2015 prices was 7,785 million USD in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value US$, 2015 prices in Ghana, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Ghana recorded 7,785 million USD for value added (total manufacturing) — value us$, 2015 prices in 2023.
That represents a change of up 0.9% on the previous year and up 43.4% over ten years.
Over the whole period, value added (total manufacturing) — value us$, 2015 prices in Ghana peaked at 7,909 million USD in 2021 and was at its lowest, 2,261 million USD, in 1983.
That places Ghana 89th out of 236 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value US$, 2015 prices in Ghana, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 4,760 million USD | — |
| 1971 | 4,467 million USD | -6.2% |
| 1972 | 4,059 million USD | -9.1% |
| 1973 | 4,933 million USD | +21.5% |
| 1974 | 4,652 million USD | -5.7% |
| 1975 | 5,076 million USD | +9.1% |
| 1976 | 4,853 million USD | -4.4% |
| 1977 | 4,991 million USD | +2.8% |
| 1978 | 4,836 million USD | -3.1% |
| 1979 | 4,023 million USD | -16.8% |
| 1980 | 3,965 million USD | -1.4% |
| 1981 | 3,201 million USD | -19.3% |
| 1982 | 2,545 million USD | -20.5% |
| 1983 | 2,261 million USD | -11.2% |
| 1984 | 2,553 million USD | +12.9% |
| 1985 | 3,173 million USD | +24.3% |
| 1986 | 3,525 million USD | +11.1% |
| 1987 | 3,877 million USD | +10.0% |
| 1988 | 4,073 million USD | +5.1% |
| 1989 | 4,098 million USD | +0.6% |
| 1990 | 4,339 million USD | +5.9% |
| 1991 | 4,384 million USD | +1.1% |
| 1992 | 4,537 million USD | +3.5% |
| 1993 | 2,506 million USD | -44.8% |
| 1994 | 2,543 million USD | +1.5% |
| 1995 | 2,590 million USD | +1.8% |
| 1996 | 2,679 million USD | +3.5% |
| 1997 | 2,876 million USD | +7.3% |
| 1998 | 2,991 million USD | +4.0% |
| 1999 | 3,135 million USD | +4.8% |
| 2000 | 3,254 million USD | +3.8% |
| 2001 | 3,374 million USD | +3.7% |
| 2002 | 3,536 million USD | +4.8% |
| 2003 | 3,699 million USD | +4.6% |
| 2004 | 3,869 million USD | +4.6% |
| 2005 | 4,062 million USD | +5.0% |
| 2006 | 4,233 million USD | +4.2% |
| 2007 | 4,181 million USD | -1.2% |
| 2008 | 4,336 million USD | +3.7% |
| 2009 | 4,280 million USD | -1.3% |
| 2010 | 4,605 million USD | +7.6% |
| 2011 | 5,388 million USD | +17.0% |
| 2012 | 5,492 million USD | +1.9% |
| 2013 | 5,429 million USD | -1.2% |
| 2014 | 5,290 million USD | -2.6% |
| 2015 | 5,483 million USD | +3.7% |
| 2016 | 5,917 million USD | +7.9% |
| 2017 | 6,481 million USD | +9.5% |
| 2018 | 6,749 million USD | +4.1% |
| 2019 | 7,176 million USD | +6.3% |
| 2020 | 7,313 million USD | +1.9% |
| 2021 | 7,909 million USD | +8.1% |
| 2022 | 7,712 million USD | -2.5% |
| 2023 | 7,785 million USD | +0.9% |
Ghana compared with similar countries
- Ghana's 7,785 million USD is above the median for lower middle income countries, which is 1,854 million USD, 4.2× the median. (44 countries reporting)
- Ghana's 7,785 million USD is above the median for Sub-Saharan Africa, which is 1,378 million USD, 5.7× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value US$, 2015 prices in Ghana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | -44.8% | 4,537 million USD | 2,506 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4,665 million USD | 4,023 million USD | 5,076 million USD | 10 |
| 1980s | 3,327 million USD | 2,261 million USD | 4,098 million USD | 10 |
| 1990s | 3,258 million USD | 2,506 million USD | 4,537 million USD | 10 |
| 2000s | 3,882 million USD | 3,254 million USD | 4,336 million USD | 10 |
| 2010s | 5,801 million USD | 4,605 million USD | 7,176 million USD | 10 |
| 2020s | 7,680 million USD | 7,313 million USD | 7,909 million USD | 4 |
Countries ranked near Ghana
More economy & growth data for Ghana
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.15 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 23.42 % change on previous year (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$, 2015 prices in Ghana?
- Value added (total manufacturing) — value us$, 2015 prices in Ghana was 7,785 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$, 2015 prices recorded in Ghana?
- The highest recorded value was 7,909 million USD in 2021.
- What is the lowest value added (total manufacturing) — value us$, 2015 prices recorded in Ghana?
- The lowest recorded value was 2,261 million USD in 1983.
- How does Ghana rank for value added (total manufacturing) — value us$, 2015 prices?
- Ghana ranks 89th out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$, 2015 prices rising or falling in Ghana?
- Over the last ten years it is up 43.4%. The long-run trend across the full record is rising.
- Where does this Ghana data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value US$, 2015 prices. 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).