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Economy of Ghana. Statistics, Data and Indicators

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


Ghana Major Economic Indicators

Indicator Data Period
GDP Value 66 USD Billion 2019
GDP Annual Growth Rate 5.6 % 3Q/19
GDP Growth Rate 1.4 % 3Q/19
GDP per capita 1807 USD 2018
Inflation Rate YoY 7.8 % Feb/20
Interest Rate 14.5 % Mar/20
Unemployment Rate 6.8 % 2019
Balance of Trade 488 USD Million | 0.488 B USD Feb/20
Current Account -1712 USD Million | -1.712 B USD 4Q/19
Foreign Exchange Reserves 8250 USD Million | 8.25 B USD Jan/20


GDP
vvp
66
USD Billion
#77 from 174 countries
GDP per capita
vvp
1807
USD
#128 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 66 USD Billion 2019
GDP Annual Growth Rate 5.6 % 3Q/19
GDP Growth Rate 1.4 % 3Q/19
GDP per capita 1807 USD 2018
GDP Constant Prices 40358 GHS Million | 6.988 B USD 3Q/19
GDP per capita PPP 4212 USD 2018
GDP From Agriculture  7639 GHS Million | 1.323 B USD 3Q/19
GDP From Construction  3639 GHS Million | 0.63 B USD 3Q/19
GDP From Manufacturing  4953 GHS Million | 0.858 B USD 3Q/19
GDP From Mining  7410 GHS Million | 1.283 B USD 3Q/19
GDP From Public Administration  1290 GHS Million | 0.223 B USD 3Q/19
GDP From Services  14894 GHS Million | 2.579 B USD 3Q/19
GDP From Transport  2036 GHS Million | 0.353 B USD 3Q/19
GDP From Utilities  183 GHS Million | 0.032 B USD 3Q/19


Budget Indicators

Indicator Data Period
Government Debt to GDP 59.3 % 2018
Government Budget Value -3583 GHS Million | -0.62 USD Billion Sep/19
Government Spending 27097 GHS Million | 4.692 USD Billion 2018
Government Revenues 4459 GHS Million | 0.772 USD Billion Sep/19
Fiscal Expenditure  6242 GHS Million | 1.081 B USD Sep/19
Government Budget to GDP -3.8 % 2018
Military Expenditure 211 USD Million | 0.211 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 112 index points Feb/20
Food Inflation 7.9 % Feb/20
Gasoline Prices 0.85 USD/Liter Mar/20
Inflation Rate YoY 7.8 % Feb/20
Producer Prices 685 index points Feb/20
Inflation Rate Mom 0.4 % Feb/20
CPI Housing Utilities 116 Index Points Feb/20
CPI Transportation 118 Index Points Feb/20
Producer Prices Change  11.8 % Feb/20


Trade Indicators

Indicator Data Period
Current Account to GDP -4.4 % 2018
Balance of Trade 488 USD Million | 0.488 USD Billion Feb/20
Capital Flows 3120 USD Million | 3.12 USD Billion 4Q/19
Current Account -1712 USD Million | -1.712 USD Billion 4Q/19
Exports 1375 USD Million | 1.375 USD Billion Feb/20
External Debt 20300 USD Million | 20.3 B USD 4Q/19
Foreign Exchange Reserves 8250 USD Million | 8.25 USD Billion Jan/20
Imports 1088 USD Million | 1.088 USD Billion Jan/20


Money Indicators

Indicator Data Period
Bank Lending Rate 34.5 % May/18
Gold Reserves 8.74 Tonnes 4Q/19
Interest Rate 14.5 % Mar/20
Central Bank Balance Sheet 78613 GHS Million | 13.612 B USD Jan/20


Labor Indicators

Indicator Data Period
Unemployment Rate 6.8 % 2019
Living Wage Family 1720 GHS/Month | 297.82 USD/Month 2018
Living Wage Individual 900 GHS/Month | 155.836 USD/Month 2018
Wages High Skilled 2030 GHS/Month | 351.497 USD/Month 2018
Wages Low Skilled  870 GHS/Month | 150.642 USD/Month 2018


Taxes

Indicator Data Period
Corporate Tax Rate 25 % 2020
Personal Income Tax Rate 25 % 2018
Sales Tax Rate 12.5 % 2020


Production Indicators

Indicator Data Period
Crude Oil Production 214 BBL/D/1K Nov/19


Business Indicators

Indicator Data Period
Corruption Index 41 index points 2019
Corruption Rank 80 place 2019
Ease of Doing Business 118 place 2019
Competitiveness Index 51.2 Index Points 2019
Competitiveness Rank 111 2019
Composite PMI 41.4 Index Points Mar/20
Leading Economic Index  3.1 % Nov/19


Consumer Indicators

Indicator Data Period
Household Spending 20.1 % 2018


Gold Reserves
gold_reserve_icon
8.74
Tonnes
#73 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
8.25
USD Billion
#71 from 114 countries


Government Budget Value
balance_icon
-0.62
USD Billion
#63 from 113 countries
Inflation Rate
inflation_icon
7.8
%
#27 from 174 countries


Interest Rate
discount_rate_icon
14.5
%
#9 from 159 countries
Bank Lending Rate
credit_rate_icon
34.5%
#2 from 55 countries


Unemployment Rate
unemployment_icon
6.8
%
#71 from 171 countries
Wages
salary_icon
N/A
N/A
#N/A from N/A countries