Economy of Ghana. Statistics, Data and Indicators
Ghana
| 31B- | Credit rank #88 |
| N/A | Quality of life # |
| 73 | Corruption rank#75 |
| 118 | Ease of doing business#106 |
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 |
