Latest: United Arab Emirates 16:05 GDP (YoY) Forecast: 0 % Actual: -6.1%
Latest: South Africa 16:00 SARB Monetary Policy Review Forecast: 0
Latest: United Kingdom 12:30 Annual Budget Release Forecast: 0
Latest: Japan 01:30 BoJ Board Member Suzuki Speaks Forecast: 0
Latest: United States 13:00 Jackson Hole Symposium Forecast: 0

Economy of Ghana. Statistics, Data and Indicators

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


Ghana Major Economic Indicators

Indicator Data Period
GDP Value 77.59 USD Billion 2021
GDP Annual Growth Rate 3.3 % 1Q/22
GDP Growth Rate 0.9 % 1Q/22
GDP per capita 1941 USD 2020
Inflation Rate YoY 27.6 % May/22
Interest Rate 19 % May/22
Unemployment Rate 4.5 % 2020
Balance of Trade 330 USD Million | 0.33 B USD Apr/22
Current Account -128 USD Million | -0.128 B USD 1Q/22
Foreign Exchange Reserves 9548 USD Million | 9.548 B USD Feb/22


GDP Indicators

Indicator Data Period
GDP Value 77.59 USD Billion 2021
GDP Annual Growth Rate 3.3 % 1Q/22
GDP Growth Rate 0.9 % 1Q/22
GDP per capita 1941 USD 2020
GDP Constant Prices 44140 GHS Million | 5.489 B USD 1Q/22
GDP per capita PPP 5305 USD 2020
GDP From Agriculture  10315 GHS Million | 1.283 B USD 1Q/22
GDP From Construction  3298 GHS Million | 0.41 B USD 4Q/21
GDP From Manufacturing  5311 GHS Million | 0.66 B USD 4Q/21
GDP From Mining  5925 GHS Million | 0.737 B USD 4Q/21
GDP From Public Administration  1733 GHS Million | 0.215 B USD 4Q/21
GDP From Services  18919 GHS Million | 2.353 B USD 1Q/22
GDP From Transport  2469 GHS Million | 0.307 B USD 4Q/21
GDP From Utilities  235 GHS Million | 0.029 B USD 4Q/21


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 45681 GHS Million | 5.68 USD Billion 2021
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) 163 index points May/22
Food Inflation 30.1 % May/22
Gasoline Prices 1.37 USD/Liter Jun/22
Inflation Rate YoY 27.6 % May/22
Producer Prices 1017 index points May/22
Inflation Rate Mom 4.1 % May/22
CPI Housing Utilities 183 Index Points Mar/22
CPI Transportation 161 Index Points Mar/22
Producer Prices Change  33.5 % May/22


Trade Indicators

Indicator Data Period
Current Account to GDP -2.5 % 2020
Balance of Trade 330 USD Million | 0.33 USD Billion Apr/22
Capital Flows -690 USD Million | -0.69 USD Billion 1Q/22
Current Account -128 USD Million | -0.128 USD Billion 1Q/22
Exports 1560 USD Million | 1.56 USD Billion Apr/22
External Debt 28161 USD Million | 28.161 B USD 4Q/21
Foreign Exchange Reserves 9548 USD Million | 9.548 USD Billion Feb/22
Imports 1135 USD Million | 1.135 USD Billion Feb/22


Money Indicators

Indicator Data Period
Bank Lending Rate 34.5 % May/18
Gold Reserves 8.74 Tonnes 1Q/22
Interest Rate 19 % May/22
Central Bank Balance Sheet 153878 GHS Million | 19.134 B USD Feb/22


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 172 BBL/D/1K Feb/22


Business Indicators

Indicator Data Period
Corruption Index 43 index points 2021
Corruption Rank 73 place 2021
Ease of Doing Business 118 place 2019
Competitiveness Index 51.2 Index Points 2019
Competitiveness Rank 111 2019
Composite PMI 48.5 Index Points Jun/22
Leading Economic Index  4.6 % Feb/22


Consumer Indicators

Indicator Data Period
Household Spending 29.3 % 2020