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Economy of Ghana. Statistics, Data and Indicators

flag
Ghana
31B- Credit rank #88
N/A Quality of life #
75 Corruption rank#75
118 Ease of doing business#106
Ghana


Ghana Major Economic Indicators

Indicator Data Period
GDP Value 66.98 USD Billion 2019
GDP Annual Growth Rate 3.3 % 4Q/20
GDP Growth Rate 0.8 % 4Q/20
GDP per capita 1884 USD 2019
Inflation Rate YoY 7.5 % May/21
Interest Rate 13.5 % May/21
Unemployment Rate 4.5 % 2020
Balance of Trade 138 USD Million | 0.138 B USD Apr/21
Current Account -371 USD Million | -0.371 B USD 1Q/21
Foreign Exchange Reserves 8306 USD Million | 8.306 B USD Mar/21


GDP
vvp
66.98
USD Billion
#77 from 174 countries
GDP per capita
vvp
1884
USD
#128 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 66.98 USD Billion 2019
GDP Annual Growth Rate 3.3 % 4Q/20
GDP Growth Rate 0.8 % 4Q/20
GDP per capita 1884 USD 2019
GDP Constant Prices 41498 GHS Million | 7.136 B USD 4Q/20
GDP per capita PPP 5413 USD 2019
GDP From Agriculture  9603 GHS Million | 1.651 B USD 4Q/20
GDP From Construction  3114 GHS Million | 0.535 B USD 4Q/20
GDP From Manufacturing  4337 GHS Million | 0.746 B USD 4Q/20
GDP From Mining  6162 GHS Million | 1.06 B USD 4Q/20
GDP From Public Administration  1494 GHS Million | 0.257 B USD 4Q/20
GDP From Services  17515 GHS Million | 3.012 B USD 4Q/20
GDP From Transport  2269 GHS Million | 0.39 B USD 4Q/20
GDP From Utilities  190 GHS Million | 0.033 B USD 4Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 78 % 2020
Government Budget Value -3583 GHS Million | -0.617 USD Billion Sep/19
Government Spending 30702 GHS Million | 5.279 USD Billion 2020
Government Revenues 4459 GHS Million | 0.768 USD Billion Sep/19
Fiscal Expenditure  6242 GHS Million | 1.076 B USD Sep/19
Government Budget to GDP -13.8 % 2020
Military Expenditure 237 USD Million | 0.237 B USD 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 128 index points May/21
Food Inflation 5.4 % May/21
Gasoline Prices 1.04 USD/Liter May/21
Inflation Rate YoY 7.5 % May/21
Producer Prices 748 index points Apr/21
Inflation Rate Mom 0.8 % May/21
CPI Housing Utilities 153 Index Points May/21
CPI Transportation 129 Index Points May/21
Producer Prices Change  11.1 % Apr/21


Trade Indicators

Indicator Data Period
Current Account to GDP -2.5 % 2020
Balance of Trade 138 USD Million | 0.138 USD Billion Apr/21
Capital Flows 16.75 USD Million | 0.017 USD Billion 1Q/21
Current Account -371 USD Million | -0.371 USD Billion 1Q/21
Exports 1186 USD Million | 1.186 USD Billion Apr/21
External Debt 24600 USD Million | 24.6 B USD 1Q/21
Foreign Exchange Reserves 8306 USD Million | 8.306 USD Billion Mar/21
Imports 1164 USD Million | 1.164 USD Billion Mar/21


Money Indicators

Indicator Data Period
Bank Lending Rate 34.5 % May/18
Gold Reserves 8.74 Tonnes 1Q/21
Interest Rate 13.5 % May/21
Central Bank Balance Sheet 127784 GHS Million | 21.972 B USD Mar/21


Labor Indicators

Indicator Data Period
Unemployment Rate 4.5 % 2020
Living Wage Family 1720 GHS/Month | 297.141 USD/Month 2018
Living Wage Individual 900 GHS/Month | 155.481 USD/Month 2018
Wages High Skilled 2030 GHS/Month | 350.695 USD/Month 2018
Wages Low Skilled  870 GHS/Month | 150.298 USD/Month 2018


Taxes

Indicator Data Period
Corporate Tax Rate 25 % 2021
Personal Income Tax Rate 30 % 2021
Sales Tax Rate 13.5 % 2021


Production Indicators

Indicator Data Period
Crude Oil Production 189 BBL/D/1K Jan/21


Business Indicators

Indicator Data Period
Corruption Index 43 index points 2020
Corruption Rank 75 place 2020
Ease of Doing Business 118 place 2019
Competitiveness Index 51.2 Index Points 2019
Competitiveness Rank 111 2019
Composite PMI 51.5 Index Points May/21
Leading Economic Index  13.9 % Jan/21


Consumer Indicators

Indicator Data Period
Household Spending 11.5 % 2019


Gold Reserves
gold_reserve_icon
8.74
Tonnes
#73 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
8.306
USD Billion
#71 from 114 countries


Government Budget Value
balance_icon
-0.617
USD Billion
#63 from 113 countries
Inflation Rate
inflation_icon
7.5
%
#27 from 174 countries


Interest Rate
discount_rate_icon
13.5
%
#9 from 159 countries
Bank Lending Rate
credit_rate_icon
34.5%
#2 from 55 countries


Unemployment Rate
unemployment_icon
4.5
%
#71 from 171 countries
Wages
salary_icon
N/A
N/A
#N/A from N/A countries