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 | 3.3 % | 4Q/20 |
| GDP Growth Rate | 0.8 % | 4Q/20 |
| GDP per capita | 1884 USD | 2019 |
| Inflation Rate YoY | 7.5 % | May/21 |
| Interest Rate | 13.5 % | May/21 |
| Unemployment Rate | 4.5 % | 2020 |
| Balance of Trade | 138 USD Million | 0.138 B USD | Apr/21 |
| Current Account | -371 USD Million | -0.371 B USD | 1Q/21 |
| Foreign Exchange Reserves | 8306 USD Million | 8.306 B USD | Mar/21 |
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 | 3.3 % | 4Q/20 |
| GDP Growth Rate | 0.8 % | 4Q/20 |
| GDP per capita | 1884 USD | 2019 |
| GDP Constant Prices | 41498 GHS Million | 7.136 B USD | 4Q/20 |
| GDP per capita PPP | 5413 USD | 2019 |
| GDP From Agriculture | 9603 GHS Million | 1.651 B USD | 4Q/20 |
| GDP From Construction | 3114 GHS Million | 0.535 B USD | 4Q/20 |
| GDP From Manufacturing | 4337 GHS Million | 0.746 B USD | 4Q/20 |
| GDP From Mining | 6162 GHS Million | 1.06 B USD | 4Q/20 |
| GDP From Public Administration | 1494 GHS Million | 0.257 B USD | 4Q/20 |
| GDP From Services | 17515 GHS Million | 3.012 B USD | 4Q/20 |
| GDP From Transport | 2269 GHS Million | 0.39 B USD | 4Q/20 |
| GDP From Utilities | 190 GHS Million | 0.033 B USD | 4Q/20 |
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 | 30702 GHS Million | 5.279 USD Billion | 2020 |
| 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) | 128 index points | May/21 |
| Food Inflation | 5.4 % | May/21 |
| Gasoline Prices | 1.04 USD/Liter | May/21 |
| Inflation Rate YoY | 7.5 % | May/21 |
| Producer Prices | 748 index points | Apr/21 |
| Inflation Rate Mom | 0.8 % | May/21 |
| CPI Housing Utilities | 153 Index Points | May/21 |
| CPI Transportation | 129 Index Points | May/21 |
| Producer Prices Change | 11.1 % | Apr/21 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -2.5 % | 2020 |
| Balance of Trade | 138 USD Million | 0.138 USD Billion | Apr/21 |
| Capital Flows | 16.75 USD Million | 0.017 USD Billion | 1Q/21 |
| Current Account | -371 USD Million | -0.371 USD Billion | 1Q/21 |
| Exports | 1186 USD Million | 1.186 USD Billion | Apr/21 |
| External Debt | 24600 USD Million | 24.6 B USD | 1Q/21 |
| Foreign Exchange Reserves | 8306 USD Million | 8.306 USD Billion | Mar/21 |
| Imports | 1164 USD Million | 1.164 USD Billion | Mar/21 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | 34.5 % | May/18 |
| Gold Reserves | 8.74 Tonnes | 1Q/21 |
| Interest Rate | 13.5 % | May/21 |
| Central Bank Balance Sheet | 127784 GHS Million | 21.972 B USD | Mar/21 |
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 | 189 BBL/D/1K | Jan/21 |
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 | 51.5 Index Points | May/21 |
| Leading Economic Index | 13.9 % | Jan/21 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Household Spending | 11.5 % | 2019 |
Gold Reserves
8.74
Tonnes
#73 from 114 countries
Foreign Exchange Reserves
8.306
USD Billion
#71 from
114 countries
Government Budget Value
-0.617
USD Billion
#63 from 113 countries
Inflation Rate
7.5
%
#27 from
174 countries
Interest Rate
13.5
%
#9 from
159 countries
Bank Lending Rate
34.5%
#2 from
55 countries
Unemployment Rate
4.5
%
#71 from
171 countries
Wages
N/A
N/A
#N/A from
N/A countries
