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 | 4.8 % | 2Q/22 |
| GDP Growth Rate | 1.1 % | 2Q/22 |
| GDP per capita | 2085 USD | 2021 |
| Inflation Rate YoY | 40.4 % | Oct/22 |
| Interest Rate | 27 % | Nov/22 |
| Unemployment Rate | 4.7 % | 2021 |
| Balance of Trade | 131 USD Million | 0.131 B USD | Jun/22 |
| Current Account | -1094 USD Million | -1.094 B USD | 2Q/22 |
| Foreign Exchange Reserves | 7680 USD Million | 7.68 B USD | Jun/22 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 77.59 USD Billion | 2021 |
| GDP Annual Growth Rate | 4.8 % | 2Q/22 |
| GDP Growth Rate | 1.1 % | 2Q/22 |
| GDP per capita | 2085 USD | 2021 |
| GDP Constant Prices | 44620 GHS Million | 3.14 B USD | 2Q/22 |
| GDP per capita PPP | 5624 USD | 2021 |
| GDP From Agriculture | 8366 GHS Million | 0.589 B USD | 2Q/22 |
| GDP From Construction | 3445 GHS Million | 0.242 B USD | 2Q/22 |
| GDP From Manufacturing | 4665 GHS Million | 0.328 B USD | 2Q/22 |
| GDP From Mining | 5355 GHS Million | 0.377 B USD | 2Q/22 |
| GDP From Public Administration | 1932 GHS Million | 0.136 B USD | 2Q/22 |
| GDP From Services | 16643 GHS Million | 1.171 B USD | 2Q/22 |
| GDP From Transport | 2438 GHS Million | 0.172 B USD | 2Q/22 |
| GDP From Utilities | 175 GHS Million | 0.012 B USD | 2Q/22 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 81.8 % | 2021 |
| Government Budget Value | -3583 GHS Million | -0.617 USD Billion | Sep/19 |
| Government Spending | 45681 GHS Million | 3.215 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 | -12.1 % | 2021 |
| Military Expenditure | 298 USD Million | 0.298 B USD | 2021 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 144 index points | Oct/22 |
| Food Inflation | 43.7 % | Oct/22 |
| Gasoline Prices | 1.2 USD/Liter | Nov/22 |
| Inflation Rate YoY | 40.4 % | Oct/22 |
| Producer Prices | 1131 index points | Aug/22 |
| Inflation Rate Mom | 2.7 % | Oct/22 |
| CPI Housing Utilities | 179 Index Points | Oct/22 |
| CPI Transportation | 154 Index Points | Oct/22 |
| Producer Prices Change | 65.2 % | Oct/22 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -2.1 % | 2021 |
| Balance of Trade | 131 USD Million | 0.131 USD Billion | Jun/22 |
| Capital Flows | -1288 USD Million | -1.288 USD Billion | 2Q/22 |
| Current Account | -1094 USD Million | -1.094 USD Billion | 2Q/22 |
| Exports | 1585 USD Million | 1.585 USD Billion | Jun/22 |
| External Debt | 28100 USD Million | 28.1 B USD | 2Q/22 |
| Foreign Exchange Reserves | 7680 USD Million | 7.68 USD Billion | Jun/22 |
| Imports | 1454 USD Million | 1.454 USD Billion | Jun/22 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | 34.5 % | May/18 |
| Gold Reserves | 8.74 Tonnes | 3Q/22 |
| Interest Rate | 27 % | Nov/22 |
| Central Bank Balance Sheet | 154839 GHS Million | 10.897 B USD | Jun/22 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 4.7 % | 2021 |
| 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 % | 2022 |
| Personal Income Tax Rate | 30 % | 2022 |
| Sales Tax Rate | 12.5 % | 2022 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 175 BBL/D/1K | Jun/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 | 44 Index Points | Oct/22 |
| Leading Economic Index | -1.2 % | Sep/22 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Household Spending | 17.1 % | 2021 |
