Ghana - GDP

GDP (current US$)

The latest value for GDP (current US$) in Ghana was $68,532,280,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $68,532,280,000 in 2020 and $1,217,230,000 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $1,217,230,000
1961 $1,302,674,000
1962 $1,382,516,000
1963 $1,540,798,000
1964 $1,731,296,000
1965 $2,053,463,000
1966 $2,126,301,000
1967 $1,747,188,000
1968 $1,666,910,000
1969 $1,962,051,000
1970 $2,215,030,000
1971 $2,417,108,000
1972 $2,112,293,000
1973 $2,465,493,000
1974 $2,894,410,000
1975 $2,810,106,000
1976 $2,765,254,000
1977 $3,189,428,000
1978 $3,662,478,000
1979 $4,020,228,000
1980 $4,445,228,000
1981 $4,222,442,000
1982 $4,035,994,000
1983 $4,057,275,000
1984 $4,412,280,000
1985 $4,504,342,000
1986 $5,727,603,000
1987 $5,074,830,000
1988 $5,197,841,000
1989 $5,251,764,000
1990 $5,889,175,000
1991 $6,596,546,000
1992 $6,413,902,000
1993 $5,966,256,000
1994 $5,444,561,000
1995 $6,465,138,000
1996 $6,934,985,000
1997 $6,891,309,000
1998 $7,480,969,000
1999 $7,719,355,000
2000 $4,983,025,000
2001 $5,314,910,000
2002 $6,166,330,000
2003 $7,632,407,000
2004 $8,881,368,000
2005 $10,744,680,000
2006 $20,440,890,000
2007 $24,827,840,000
2008 $28,678,700,000
2009 $26,048,110,000
2010 $32,197,270,000
2011 $39,337,320,000
2012 $41,270,960,000
2013 $62,823,040,000
2014 $54,782,850,000
2015 $49,406,570,000
2016 $56,165,170,000
2017 $60,406,380,000
2018 $67,299,280,000
2019 $68,337,540,000
2020 $68,532,280,000

GDP (current LCU)

The value for GDP (current LCU) in Ghana was 383,486,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 383,486,000,000 in 2020 and a minimum value of 86,900 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 86,900
1961 93,000
1962 98,700
1963 110,000
1964 123,600
1965 146,600
1966 151,800
1967 150,400
1968 170,000
1969 200,100
1970 225,900
1971 250,000
1972 281,500
1973 350,100
1974 466,000
1975 528,300
1976 652,600
1977 1,116,300
1978 2,098,600
1979 2,822,200
1980 4,285,200
1981 7,262,600
1982 8,645,100
1983 18,403,800
1984 27,056,100
1985 34,304,800
1986 51,139,300
1987 74,600,000
1988 105,119,600
1989 141,721,400
1990 192,079,100
1991 242,752,900
1992 280,287,500
1993 387,210,000
1994 520,500,000
1995 775,170,000
1996 1,133,870,000
1997 1,411,340,000
1998 1,729,600,000
1999 2,057,980,000
2000 2,715,250,000
2001 3,807,070,000
2002 4,886,200,000
2003 6,615,770,000
2004 7,988,791,000
2005 9,726,080,000
2006 18,705,460,000
2007 23,154,450,000
2008 30,178,600,000
2009 36,597,590,000
2010 46,042,100,000
2011 59,816,320,000
2012 75,315,360,000
2013 124,478,000,000
2014 158,684,000,000
2015 183,526,000,000
2016 219,595,000,000
2017 262,798,000,000
2018 308,587,000,000
2019 356,544,000,000
2020 383,486,000,000

GDP at market prices: linked series (current LCU)

The latest value for GDP at market prices: linked series (current LCU) in Ghana was 383,486,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 383,486,000,000 in 2020 and 307,825,100 in 1990.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year Value
1990 307,825,100
1991 389,034,700
1992 449,187,400
1993 620,540,900
1994 834,150,800
1995 1,242,284,000
1996 1,817,135,000
1997 2,261,807,000
1998 2,771,849,000
1999 3,298,109,000
2000 4,351,447,000
2001 6,101,193,000
2002 7,830,601,000
2003 10,602,400,000
2004 12,802,800,000
2005 15,586,970,000
2006 18,705,460,000
2007 23,154,450,000
2008 30,178,600,000
2009 36,597,590,000
2010 46,042,100,000
2011 59,816,320,000
2012 75,315,360,000
2013 124,478,000,000
2014 158,684,000,000
2015 183,526,000,000
2016 219,595,000,000
2017 262,798,000,000
2018 308,587,000,000
2019 356,544,000,000
2020 383,486,000,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in Ghana was 62,724,600,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 62,724,600,000 in 2020 and 7,657,961,000 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 7,657,961,000
1961 7,920,605,000
1962 8,246,075,000
1963 8,609,395,000
1964 8,799,605,000
1965 8,920,071,000
1966 8,540,229,000
1967 8,802,871,000
1968 8,835,341,000
1969 9,366,008,000
1970 10,276,710,000
1971 10,812,750,000
1972 10,543,770,000
1973 10,847,920,000
1974 11,591,270,000
1975 10,150,290,000
1976 9,791,963,000
1977 10,014,640,000
1978 10,863,480,000
1979 10,590,270,000
1980 10,640,220,000
1981 10,267,490,000
1982 9,556,602,000
1983 9,120,464,000
1984 9,909,162,000
1985 10,413,700,000
1986 10,955,120,000
1987 11,480,410,000
1988 12,126,550,000
1989 12,743,290,000
1990 13,167,490,000
1991 13,862,970,000
1992 14,400,780,000
1993 15,099,210,000
1994 15,597,490,000
1995 16,238,920,000
1996 16,986,310,000
1997 17,699,120,000
1998 18,531,050,000
1999 19,346,410,000
2000 20,062,230,000
2001 20,864,720,000
2002 21,803,630,000
2003 22,937,420,000
2004 24,221,920,000
2005 25,651,010,000
2006 27,292,650,000
2007 28,479,010,000
2008 31,084,790,000
2009 32,590,680,000
2010 35,165,250,000
2011 40,104,960,000
2012 43,831,830,000
2013 47,037,040,000
2014 48,380,530,000
2015 49,406,570,000
2016 51,073,280,000
2017 55,224,980,000
2018 58,648,970,000
2019 62,465,710,000
2020 62,724,600,000

GDP (constant LCU)

The value for GDP (constant LCU) in Ghana was 165,993,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 165,993,000,000 in 2020 and a minimum value of 20,265,830,000 in 1960.

Definition: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 20,265,830,000
1961 20,960,880,000
1962 21,822,190,000
1963 22,783,670,000
1964 23,287,040,000
1965 23,605,840,000
1966 22,600,630,000
1967 23,295,680,000
1968 23,381,610,000
1969 24,785,950,000
1970 27,196,010,000
1971 28,614,590,000
1972 27,902,750,000
1973 28,707,630,000
1974 30,674,830,000
1975 26,861,450,000
1976 25,913,190,000
1977 26,502,480,000
1978 28,748,820,000
1979 28,025,800,000
1980 28,158,000,000
1981 27,171,600,000
1982 25,290,340,000
1983 24,136,150,000
1984 26,223,340,000
1985 27,558,540,000
1986 28,991,350,000
1987 30,381,450,000
1988 32,091,370,000
1989 33,723,500,000
1990 34,846,090,000
1991 36,686,600,000
1992 38,109,830,000
1993 39,958,160,000
1994 41,276,780,000
1995 42,974,250,000
1996 44,952,130,000
1997 46,838,480,000
1998 49,040,070,000
1999 51,197,830,000
2000 53,092,150,000
2001 55,215,830,000
2002 57,700,550,000
2003 60,700,980,000
2004 64,100,230,000
2005 67,882,140,000
2006 72,226,550,000
2007 75,366,100,000
2008 82,261,950,000
2009 86,247,120,000
2010 93,060,390,000
2011 106,133,000,000
2012 115,995,000,000
2013 124,478,000,000
2014 128,033,000,000
2015 130,748,000,000
2016 135,159,000,000
2017 146,146,000,000
2018 155,207,000,000
2019 165,308,000,000
2020 165,993,000,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Ghana was 178,496,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 178,496,000,000 in 2020 and 18,268,250,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 18,268,250,000
1991 19,883,560,000
1992 21,125,640,000
1993 22,675,270,000
1994 23,923,740,000
1995 25,429,870,000
1996 27,087,310,000
1997 28,728,690,000
1998 30,417,590,000
1999 32,214,460,000
2000 34,153,190,000
2001 36,298,400,000
2002 38,531,830,000
2003 41,288,260,000
2004 44,774,220,000
2005 48,892,880,000
2006 53,596,270,000
2007 57,428,330,000
2008 63,902,180,000
2009 67,508,670,000
2010 73,690,450,000
2011 85,797,390,000
2012 98,315,090,000
2013 140,883,000,000
2014 151,592,000,000
2015 144,984,000,000
2016 142,203,000,000
2017 148,983,000,000
2018 162,019,000,000
2019 175,643,000,000
2020 178,496,000,000

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Ghana was 169,215,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 169,215,000,000 in 2020 and 35,522,480,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 35,522,480,000
1991 37,398,720,000
1992 38,849,570,000
1993 40,733,770,000
1994 42,077,990,000
1995 43,808,410,000
1996 45,824,680,000
1997 47,747,640,000
1998 49,991,970,000
1999 52,191,610,000
2000 54,122,700,000
2001 56,287,610,000
2002 58,820,550,000
2003 61,879,220,000
2004 65,344,460,000
2005 69,199,780,000
2006 73,628,510,000
2007 76,829,010,000
2008 83,858,700,000
2009 87,921,230,000
2010 94,866,750,000
2011 108,193,000,000
2012 118,247,000,000
2013 126,894,000,000
2014 130,518,000,000
2015 133,286,000,000
2016 137,782,000,000
2017 148,983,000,000
2018 158,220,000,000
2019 168,516,000,000
2020 169,215,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts