Economy of Ghana. Statistics, Data and Indicators
Ghana
| 31B- | Credit rank #88 |
| N/A | Quality of life # |
| 75 | Corruption rank#75 |
| 118 | Ease of doing business#106 |
Ghana Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 66.98 USD Billion | 2019 |
| GDP Annual Growth Rate | -1.1 % | 3Q/20 |
| GDP Growth Rate | -0.3 % | 3Q/20 |
| GDP per capita | 1884 USD | 2019 |
| Inflation Rate YoY | 9.9 % | Jan/21 |
| Interest Rate | 14.5 % | Jan/21 |
| Unemployment Rate | 6.8 % | 2019 |
| Balance of Trade | 371 USD Million | 0.371 B USD | Dec/20 |
| Current Account | -709 USD Million | -0.709 B USD | 3Q/20 |
| Foreign Exchange Reserves | 8192 USD Million | 8.192 B USD | Nov/20 |
GDP
66.98
USD Billion
#77 from 174 countries
GDP per capita
1884
USD
#128 from 169 countries
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 66.98 USD Billion | 2019 |
| GDP Annual Growth Rate | -1.1 % | 3Q/20 |
| GDP Growth Rate | -0.3 % | 3Q/20 |
| GDP per capita | 1884 USD | 2019 |
| GDP Constant Prices | 41203 GHS Million | 7.181 B USD | 3Q/20 |
| GDP per capita PPP | 5413 USD | 2019 |
| GDP From Agriculture | 8269 GHS Million | 1.441 B USD | 3Q/20 |
| GDP From Construction | 3771 GHS Million | 0.657 B USD | 3Q/20 |
| GDP From Manufacturing | 5153 GHS Million | 0.898 B USD | 3Q/20 |
| GDP From Mining | 6160 GHS Million | 1.074 B USD | 3Q/20 |
| GDP From Public Administration | 1322 GHS Million | 0.23 B USD | 3Q/20 |
| GDP From Services | 14737 GHS Million | 2.568 B USD | 3Q/20 |
| GDP From Transport | 2163 GHS Million | 0.377 B USD | 3Q/20 |
| GDP From Utilities | 193 GHS Million | 0.034 B USD | 3Q/20 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 62.8 % | 2019 |
| Government Budget Value | -3583 GHS Million | -0.617 USD Billion | Sep/19 |
| Government Spending | 31036 GHS Million | 5.409 USD Billion | 2019 |
| 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 | -4.8 % | 2019 |
| Military Expenditure | 211 USD Million | 0.211 B USD | 2018 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 123 index points | Jan/21 |
| Food Inflation | 12.8 % | Jan/21 |
| Gasoline Prices | 0.92 USD/Liter | Feb/21 |
| Inflation Rate YoY | 9.9 % | Jan/21 |
| Producer Prices | 750 index points | Jan/21 |
| Inflation Rate Mom | 0.9 % | Jan/21 |
| CPI Housing Utilities | 137 Index Points | Dec/20 |
| CPI Transportation | 123 Index Points | Dec/20 |
| Producer Prices Change | 9.1 % | Jan/21 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -2.8 % | 2019 |
| Balance of Trade | 371 USD Million | 0.371 USD Billion | Dec/20 |
| Capital Flows | -112 USD Million | -0.112 USD Billion | 3Q/20 |
| Current Account | -709 USD Million | -0.709 USD Billion | 3Q/20 |
| Exports | 1290 USD Million | 1.29 USD Billion | Dec/20 |
| External Debt | 24300 USD Million | 24.3 B USD | 3Q/20 |
| Foreign Exchange Reserves | 8192 USD Million | 8.192 USD Billion | Nov/20 |
| Imports | 919 USD Million | 0.919 USD Billion | Dec/20 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | 34.5 % | May/18 |
| Gold Reserves | 8.74 Tonnes | 4Q/20 |
| Interest Rate | 14.5 % | Jan/21 |
| Central Bank Balance Sheet | 111658 GHS Million | 19.461 B USD | Nov/20 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 6.8 % | 2019 |
| 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 % | 2020 |
| Personal Income Tax Rate | 25 % | 2020 |
| Sales Tax Rate | 12.5 % | 2020 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 194 BBL/D/1K | Oct/20 |
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 | 52.5 Index Points | Feb/21 |
| Leading Economic Index | 11.9 % | Nov/20 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Household Spending | 11.5 % | 2019 |
Gold Reserves
8.74
Tonnes
#73 from 114 countries
Foreign Exchange Reserves
8.192
USD Billion
#71 from
114 countries
Government Budget Value
-0.617
USD Billion
#63 from 113 countries
Inflation Rate
9.9
%
#27 from
174 countries
Interest Rate
14.5
%
#9 from
159 countries
Bank Lending Rate
34.5%
#2 from
55 countries
Unemployment Rate
6.8
%
#71 from
171 countries
Wages
N/A
N/A
#N/A from
N/A countries
