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 | -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

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 | -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

8.74
Tonnes
#73 from 114 countries
Foreign Exchange Reserves

8.192
USD Billion
#71 from
114 countries
Government Budget Value

-0.617
USD Billion
#63 from 113 countries
Inflation Rate

9.9
%
#27 from
174 countries
Interest Rate

14.5
%
#9 from
159 countries
Bank Lending Rate

34.5%
#2 from
55 countries
Unemployment Rate

6.8
%
#71 from
171 countries
Wages

N/A
N/A
#N/A from
N/A countries