Ghana Labour Productivity Growth
Key information about Ghana Labour Productivity Growth
- Ghana Labour Productivity dropped by 0.40 % YoY in Dec 2022, compared with a growth of 2.73 % in the previous year
- Ghana Labour Productivity Growth data is updated yearly, available from Dec 1992 to Dec 2022, averaging at 2.54 %
- The data reached an all-time high of 10.39 % in Dec 2011 and a record low of -0.85 % in Dec 2016
CEIC calculates Labour Productivity Growth from annual GDP per person employed. The World Bank provides GDP per person employed in International dollars. Purchasing power parity (PPP) GDP is used which is GDP converted to 2017 constant international dollars using PPP rates.
Further information about Ghana Labour Productivity Growth
- In the latest reports, Ghana Population reached 31.07 Person mn in Dec 2020
- Its Unemployment Rate increased to 3.92 % in Dec 2023
- Monthly Earnings of Ghana stood at 242.01 USD in Dec 2015
- The country's Labour Force Participation Rate increased to 68.92 % in Dec 2022
View Ghana's Labour Productivity Growth from 1992 to 2022 in the chart:
What was Ghana's Labour Productivity Growth in 2022?
Ghana Labour Productivity dropped by 0.40 % YoY in Dec 2022, compared with a growth of 2.73 % in the previous year See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
-0.40 2022 | 2.73 2021 | -0.85 2016 | 10.39 2011 | % | yearly | 1992 - 2022 |
Labour Productivity Growth by Country Comparison
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country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 0.65 Jun 2023 | quarterly | Mar 2010 - Jun 2023 |
Algeria (%) | -4.67 2022 | yearly | 1992 - 2022 |
Argentina (%) | -4.51 2023 | yearly | 1992 - 2023 |
Armenia (%) | 5.60 Sep 2023 | quarterly | Mar 2009 - Sep 2023 |
Australia (%) | -1.63 Dec 2023 | quarterly | Jun 1979 - Dec 2023 |
Austria (%) | -2.26 Jun 2023 | quarterly | Mar 2005 - Jun 2023 |
Azerbaijan (%) | -0.20 Dec 2023 | quarterly | Mar 2009 - Dec 2023 |
Bahrain (%) | -3.66 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
Bangladesh (%) | 5.11 2022 | yearly | 1992 - 2022 |
Belarus (%) | 5.19 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
Belgium (%) | 0.10 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
Bolivia (%) | -0.64 2022 | yearly | 2000 - 2022 |
Bosnia and Herzegovina (%) | -1.22 2023 | yearly | 2007 - 2023 |
Botswana (%) | 7.30 Dec 2022 | quarterly | Sep 2008 - Dec 2022 |
Brazil (%) | 1.52 2023 | yearly | 1992 - 2023 |
Brunei (%) | -0.76 2022 | yearly | 1992 - 2022 |
Bulgaria (%) | 0.68 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
Cambodia (%) | 1.17 2021 | yearly | 2008 - 2021 |
Canada (%) | -1.21 Dec 2023 | quarterly | Mar 1977 - Dec 2023 |
Chile (%) | -2.14 Dec 2023 | quarterly | Mar 1987 - Dec 2023 |
China (%) | 4.22 2023 | yearly | 1953 - 2023 |
Colombia (%) | -2.02 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
Croatia (%) | 10.94 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
Cyprus (%) | 0.57 Dec 2023 | quarterly | Jun 2005 - Dec 2023 |
Czech Republic (%) | 2.26 Dec 2023 | quarterly | Mar 1997 - Dec 2023 |
Denmark (%) | 2.54 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
Ecuador (%) | 0.87 2022 | yearly | 1992 - 2022 |
Egypt (%) | -0.48 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
Estonia (%) | -4.78 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
European Union (%) | -1.05 Sep 2023 | quarterly | Mar 2006 - Sep 2023 |
Finland (%) | -1.24 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
France (%) | -1.25 2022 | yearly | 1979 - 2022 |
Georgia (%) | 5.23 2022 | yearly | 1997 - 2022 |
Germany (%) | -0.88 Dec 2023 | quarterly | Mar 1992 - Dec 2023 |
Ghana (%) | -0.40 2022 | yearly | 1992 - 2022 |
Greece (%) | 0.13 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Hong Kong SAR, China (%) | 4.63 Dec 2023 | quarterly | Dec 1982 - Dec 2023 |
Hungary (%) | -0.80 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Iceland (%) | -2.99 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
India (%) | 2.38 2022 | yearly | 1992 - 2022 |
Indonesia (%) | 1.63 2023 | yearly | 2001 - 2023 |
Iran (%) | -2.03 2022 | yearly | 1992 - 2022 |
Ireland (%) | -11.70 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Israel (%) | -6.61 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
Italy (%) | -1.13 Dec 2023 | quarterly | Mar 1997 - Dec 2023 |
Ivory Coast (%) | 3.02 2022 | yearly | 1992 - 2022 |
Japan (%) | 0.65 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Jordan (%) | 1.17 2021 | yearly | 2001 - 2021 |
Kazakhstan (%) | 2.00 Sep 2023 | quarterly | Mar 2002 - Sep 2023 |
Kenya (%) | -2.44 2021 | yearly | 2011 - 2021 |
South Korea (%) | 1.11 Dec 2023 | quarterly | Sep 1983 - Dec 2023 |
Kosovo (%) | -0.46 Mar 2023 | quarterly | Mar 2017 - Mar 2023 |
Kuwait (%) | 1.29 2018 | yearly | 1993 - 2018 |
Kyrgyzstan (%) | 7.14 2022 | yearly | 1993 - 2022 |
Laos (%) | -0.89 2022 | yearly | 1992 - 2022 |
Latvia (%) | -1.41 Jun 2023 | quarterly | Mar 2003 - Jun 2023 |
Lebanon (%) | -9.16 2021 | yearly | 1992 - 2021 |
Lithuania (%) | -2.31 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Luxembourg (%) | -2.38 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Macau SAR, China (%) | 80.89 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
North Macedonia (%) | 1.24 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
Malawi (%) | -4.08 2022 | yearly | 1992 - 2022 |
Malaysia (%) | 0.46 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
Malta (%) | 0.89 Dec 2023 | quarterly | Dec 2001 - Dec 2023 |
Mauritius (%) | 7.38 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
Mexico (%) | 0.64 Dec 2023 | quarterly | Jun 1996 - Dec 2023 |
Moldova (%) | -1.25 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
Mongolia (%) | 3.77 Dec 2023 | quarterly | Sep 2007 - Dec 2023 |
Montenegro (%) | -4.61 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
Morocco (%) | 5.72 2021 | yearly | 2000 - 2021 |
Mozambique (%) | -0.29 2022 | yearly | 1992 - 2022 |
Myanmar (%) | 63.00 2021 | yearly | 1992 - 2021 |
Nepal (%) | 0.58 2022 | yearly | 1992 - 2022 |
Netherlands (%) | -1.32 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
New Zealand (%) | -2.86 Dec 2023 | quarterly | Jun 1988 - Dec 2023 |
Nigeria (%) | 1.14 Sep 2018 | quarterly | Mar 2013 - Sep 2018 |
Norway (%) | -0.17 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Oman (%) | -5.73 2022 | yearly | 1999 - 2022 |
Pakistan (%) | -1.23 2019 | yearly | 2001 - 2019 |
Palestinian Territory (%) | 1.78 Sep 2023 | quarterly | Dec 2009 - Sep 2023 |
Panama (%) | 5.30 2022 | yearly | 1992 - 2022 |
Paraguay (%) | 0.66 Dec 2023 | quarterly | Mar 2018 - Dec 2023 |
Peru (%) | -1.00 2022 | yearly | 2002 - 2022 |
Philippines (%) | -0.82 2022 | yearly | 1992 - 2022 |
Poland (%) | 1.43 Dec 2023 | quarterly | Dec 1999 - Dec 2023 |
Portugal (%) | 1.07 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Qatar (%) | -0.98 2019 | yearly | 2012 - 2019 |
Romania (%) | 0.75 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Russia (%) | 3.11 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Saudi Arabia (%) | -3.93 2022 | yearly | 1971 - 2022 |
Serbia (%) | 4.48 Dec 2023 | quarterly | Mar 2015 - Dec 2023 |
Singapore (%) | -0.80 Dec 2023 | quarterly | Mar 1986 - Dec 2023 |
Slovakia (%) | 0.67 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Slovenia (%) | 1.51 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
South Africa (%) | -3.56 Dec 2023 | quarterly | Mar 2009 - Dec 2023 |
Spain (%) | -1.58 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Sri Lanka (%) | 7.10 Dec 2023 | quarterly | Jun 2013 - Dec 2023 |
Sudan (%) | 3.26 2010 | yearly | 1996 - 2010 |
Sweden (%) | -1.16 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
Switzerland (%) | -2.27 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
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Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -4.6 Jun 2023 | quarterly | Dec 2008 - Jun 2023 |
Consolidated Fiscal Balance (USD mn) | 239.230 Jun 2023 | monthly | Jan 2008 - Jun 2023 |
Tax Revenue (USD mn) | 1,009.808 Jun 2023 | monthly | Jan 2008 - Jun 2023 |
Tax Revenue: % of GDP (%) | 13.9 Jun 2022 | quarterly | Mar 2008 - Jun 2022 |
Government Debt: % of GDP (%) | 70.7 2022 | yearly | 2006 - 2022 |
Forecast: Government Expenditure (GHS bn) | 372.947 2028 | yearly | 1980 - 2028 |
Forecast: Government Net Debt (GHS bn) | 1,247.210 2028 | yearly | 1990 - 2028 |
Forecast: Government Revenue (GHS bn) | 322.330 2028 | yearly | 1982 - 2028 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 4.394 2028 | yearly | 1980 - 2028 |
Trade Balance (USD mn) | 112.7 Aug 2023 | monthly | Mar 2005 - Aug 2023 |
Total Exports (USD mn) | 1,290.0 Aug 2023 | monthly | Jan 2010 - Aug 2023 |
Total Exports Growth (%) | -12.8 Aug 2023 | monthly | Jan 2011 - Aug 2023 |
Aluminum: Exports (USD th) | 124,996.968 2022 | yearly | 1995 - 2022 |
Exports: Medicament (USD th) | 7,139.214 2022 | yearly | 1995 - 2022 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 1,273.109 2022 | yearly | 1995 - 2022 |
Total Imports (USD mn) | 1,177.3 Aug 2023 | monthly | Mar 2005 - Aug 2023 |
Total Imports Growth (%) | -11.1 Aug 2023 | monthly | Mar 2006 - Aug 2023 |
Imports: Medicament (USD th) | 204,070.187 2022 | yearly | 1995 - 2022 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 67,696.289 2022 | yearly | 1995 - 2022 |
Total Exports to USA (USD mn) | 42.273 Dec 2023 | monthly | Feb 1985 - Dec 2023 |
Total Imports from USA (USD mn) | 130.274 Dec 2023 | monthly | Jun 1995 - Dec 2023 |
Total Exports to China (USD mn) | 593.294 Dec 2023 | monthly | May 1995 - Dec 2023 |
Total Imports from China (USD mn) | 180.650 Dec 2023 | monthly | Jun 1986 - Dec 2023 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 24.6 Feb 2024 | monthly | Dec 2005 - Feb 2024 |
Non-Performing Loans (USD mn) | 1,243.949 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
Money Supply M1 (USD mn) | 10,251.243 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
Money Supply M2 (USD mn) | 15,608.260 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
M2 Growth (%) | 37.2 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
Foreign Exchange Reserves (USD mn) | 3,368.9 Jan 2024 | monthly | Jan 1965 - Jan 2024 |
Foreign Exchange Reserves: % of GDP (%) | 3.309 Sep 2023 | quarterly | Dec 2006 - Sep 2023 |
Foreign Exchange Reserves: Months of Import (NA) | 2.3 Aug 2023 | monthly | Mar 2005 - Aug 2023 |
Gold Reserves (Metric Ton) | 1,000.000 2023 | yearly | 2008 - 2023 |
Total Deposits (USD mn) | 17,864.204 Jan 2024 | monthly | Jan 1999 - Jan 2024 |
Total Deposits Growth (%) | 26.0 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
Domestic Credit (USD mn) | 19,989.0 Dec 2023 | monthly | Jan 1967 - Dec 2023 |
Domestic Credit Growth (%) | -0.4 Dec 2023 | monthly | Jan 1968 - Dec 2023 |
Total Loans (USD mn) | 6,482.295 Dec 2023 | monthly | Jan 1999 - Dec 2023 |
Total Loans Growth (%) | 10.01 Dec 2023 | monthly | Jan 2000 - Dec 2023 |
Private Debt: % of Nominal GDP (%) | 9.23 Sep 2023 | quarterly | Dec 2013 - Sep 2023 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (%) | 22.8 Feb 2024 | monthly | Dec 2013 - Feb 2024 |
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