Value Added (Total Manufacturing) — Value US$ in Ghana
Ghana: Value Added (Total Manufacturing) — Value US$ was 8,573 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$ in Ghana, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Ghana recorded 8,573 million USD for value added (total manufacturing) — value us$ in 2023.
The figure is up 0.5% on the previous year and up 17.8% over ten years.
Over the whole period, value added (total manufacturing) — value us$ in Ghana peaked at 8,657 million USD in 2021 and was at its lowest, 631.88 million USD, in 1982.
Ghana ranks 92nd of 236 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.
Value Added (Total Manufacturing) — Value US$ in Ghana, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 1,249 million USD | — |
| 1971 | 1,368 million USD | +9.6% |
| 1972 | 1,181 million USD | -13.7% |
| 1973 | 1,186 million USD | +0.5% |
| 1974 | 1,273 million USD | +7.3% |
| 1975 | 1,575 million USD | +23.8% |
| 1976 | 1,512 million USD | -4.0% |
| 1977 | 1,348 million USD | -10.9% |
| 1978 | 1,254 million USD | -7.0% |
| 1979 | 1,329 million USD | +6.0% |
| 1980 | 1,311 million USD | -1.4% |
| 1981 | 1,059 million USD | -19.2% |
| 1982 | 631.88 million USD | -40.3% |
| 1983 | 670.64 million USD | +6.1% |
| 1984 | 1,251 million USD | +86.6% |
| 1985 | 2,446 million USD | +95.5% |
| 1986 | 2,754 million USD | +12.6% |
| 1987 | 2,621 million USD | -4.8% |
| 1988 | 2,774 million USD | +5.8% |
| 1989 | 2,933 million USD | +5.7% |
| 1990 | 3,208 million USD | +9.4% |
| 1991 | 3,416 million USD | +6.5% |
| 1992 | 3,341 million USD | -2.2% |
| 1993 | 3,125 million USD | -6.5% |
| 1994 | 2,767 million USD | -11.5% |
| 1995 | 3,366 million USD | +21.7% |
| 1996 | 3,339 million USD | -0.8% |
| 1997 | 3,481 million USD | +4.2% |
| 1998 | 3,753 million USD | +7.8% |
| 1999 | 3,887 million USD | +3.6% |
| 2000 | 2,507 million USD | -35.5% |
| 2001 | 2,670 million USD | +6.5% |
| 2002 | 3,106 million USD | +16.3% |
| 2003 | 3,823 million USD | +23.1% |
| 2004 | 4,333 million USD | +13.3% |
| 2005 | 5,190 million USD | +19.8% |
| 2006 | 6,028 million USD | +16.2% |
| 2007 | 6,457 million USD | +7.1% |
| 2008 | 6,546 million USD | +1.4% |
| 2009 | 5,337 million USD | -18.5% |
| 2010 | 6,223 million USD | +16.6% |
| 2011 | 7,644 million USD | +22.8% |
| 2012 | 7,067 million USD | -7.5% |
| 2013 | 7,280 million USD | +3.0% |
| 2014 | 6,037 million USD | -17.1% |
| 2015 | 5,483 million USD | -9.2% |
| 2016 | 6,077 million USD | +10.8% |
| 2017 | 6,133 million USD | +0.9% |
| 2018 | 6,811 million USD | +11.1% |
| 2019 | 6,944 million USD | +2.0% |
| 2020 | 7,672 million USD | +10.5% |
| 2021 | 8,657 million USD | +12.8% |
| 2022 | 8,529 million USD | -1.5% |
| 2023 | 8,573 million USD | +0.5% |
Ghana compared with similar countries
- Ghana's 8,573 million USD is above the median for lower middle income countries, which is 2,374 million USD, 3.6× the median. (44 countries reporting)
- Ghana's 8,573 million USD is above the median for Sub-Saharan Africa, which is 1,532 million USD, 5.6× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value US$ 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 |
|---|---|---|---|
| 1985 | +95.5% | 1,251 million USD | 2,446 million USD |
| 1984 | +86.6% | 670.64 million USD | 1,251 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,328 million USD | 1,181 million USD | 1,575 million USD | 10 |
| 1980s | 1,845 million USD | 631.88 million USD | 2,933 million USD | 10 |
| 1990s | 3,368 million USD | 2,767 million USD | 3,887 million USD | 10 |
| 2000s | 4,600 million USD | 2,507 million USD | 6,546 million USD | 10 |
| 2010s | 6,570 million USD | 5,483 million USD | 7,644 million USD | 10 |
| 2020s | 8,358 million USD | 7,672 million USD | 8,657 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$), annual growth rate 23.42 % change on previous year (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$ in Ghana?
- Value added (total manufacturing) — value us$ in Ghana was 8,573 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$ recorded in Ghana?
- The highest recorded value was 8,657 million USD in 2021.
- What is the lowest value added (total manufacturing) — value us$ recorded in Ghana?
- The lowest recorded value was 631.88 million USD in 1982.
- How does Ghana rank for value added (total manufacturing) — value us$?
- Ghana ranks 92nd out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$ rising or falling in Ghana?
- Over the last ten years it is up 17.8%. 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) — Value US$. 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).