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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 -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
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 -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
gold_reserve_icon
8.74
Tonnes
#73 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
8.192
USD Billion
#71 from 114 countries


Government Budget Value
balance_icon
-0.617
USD Billion
#63 from 113 countries
Inflation Rate
inflation_icon
9.9
%
#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