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 | 72.35 USD Billion | 2020 |
| GDP Annual Growth Rate | 3.1 % | 1Q/21 |
| GDP Growth Rate | 0.8 % | 1Q/21 |
| GDP per capita | 1848 USD | 2020 |
| Inflation Rate YoY | 7.8 % | Jun/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 | 10990 USD Million | 10.99 B USD | Apr/21 |
GDP
72.35
USD Billion
#77 from 174 countries
GDP per capita
1848
USD
#128 from 169 countries
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 72.35 USD Billion | 2020 |
| GDP Annual Growth Rate | 3.1 % | 1Q/21 |
| GDP Growth Rate | 0.8 % | 1Q/21 |
| GDP per capita | 1848 USD | 2020 |
| GDP Constant Prices | 41843 GHS Million | 7.105 B USD | 1Q/21 |
| GDP per capita PPP | 5305 USD | 2020 |
| GDP From Agriculture | 9554 GHS Million | 1.622 B USD | 1Q/21 |
| GDP From Construction | 3559 GHS Million | 0.604 B USD | 1Q/21 |
| GDP From Manufacturing | 6773 GHS Million | 1.15 B USD | 1Q/21 |
| GDP From Mining | 5018 GHS Million | 0.852 B USD | 1Q/21 |
| GDP From Public Administration | 1486 GHS Million | 0.252 B USD | 1Q/21 |
| GDP From Services | 18253 GHS Million | 3.099 B USD | 1Q/21 |
| GDP From Transport | 2444 GHS Million | 0.415 B USD | 1Q/21 |
| GDP From Utilities | 196 GHS Million | 0.033 B USD | 1Q/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 | 30702 GHS Million | 5.213 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) | 129 index points | Jun/21 |
| Food Inflation | 7.3 % | Jun/21 |
| Gasoline Prices | 1.06 USD/Liter | Jun/21 |
| Inflation Rate YoY | 7.8 % | Jun/21 |
| Producer Prices | 762 index points | May/21 |
| Inflation Rate Mom | 1.3 % | Jun/21 |
| CPI Housing Utilities | 153 Index Points | May/21 |
| CPI Transportation | 129 Index Points | May/21 |
| Producer Prices Change | 11.8 % | May/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 | 10990 USD Million | 10.99 USD Billion | Apr/21 |
| Imports | 1083 USD Million | 1.083 USD Billion | Apr/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 | 142659 GHS Million | 24.224 B USD | Apr/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 | 186 BBL/D/1K | Mar/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 Index Points | Jun/21 |
| Leading Economic Index | 26.8 % | Mar/21 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Household Spending | 29.3 % | 2020 |
Gold Reserves
8.74
Tonnes
#73 from 114 countries
Foreign Exchange Reserves
10.99
USD Billion
#71 from
114 countries
Government Budget Value
-0.617
USD Billion
#63 from 113 countries
Inflation Rate
7.8
%
#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
