Ghana Labour Productivity Growth

1992 - 2020 | Yearly | % | CEIC Data

Key information about Ghana Labour Productivity Growth

  • Ghana Labour Productivity dropped by 0.78 % YoY in Dec 2020, compared with a growth of 3.96 % in the previous year
  • Ghana Labour Productivity Growth data is updated yearly, available from Dec 1992 to Dec 2020, averaging at 2.45 %
  • The data reached an all-time high of 11.77 % in Dec 2011 and a record low of -0.78 % in Dec 2020

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 4.53 % in Dec 2020
  • Monthly Earnings of Ghana stood at 242.01 USD in Dec 2015
  • The country's Labour Force Participation Rate increased to 68.42 % in Dec 2021

View Ghana's Labour Productivity Growth from 1992 to 2020 in the chart:

Ghana Labour Productivity Growth

What was Ghana's Labour Productivity Growth in 2020?

Ghana Labour Productivity dropped by 0.78 % YoY in Dec 2020, compared with a growth of 3.96 % in the previous year See the table below for more data.

Last Previous Min Max Unit Frequency Range
-0.78 2020 3.96 2019 -0.78 2020 11.77 2011 % yearly 1992 - 2020

Labour Productivity Growth by Country Comparison

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country/region Last Frequency Range
Albania (%) 3.85 Dec 2020 quarterly Mar 2010 - Dec 2020
Algeria (%) 0.30 2020 yearly 1992 - 2020
Argentina (%) -2.41 2020 yearly 1992 - 2020
Armenia (%) 2.04 Dec 2021 quarterly Mar 2009 - Dec 2021
Australia (%) 1.95 Dec 2021 quarterly Jun 1979 - Dec 2021
Austria (%) 3.98 Dec 2021 quarterly Mar 2005 - Dec 2021
Azerbaijan (%) 6.09 Dec 2021 quarterly Mar 2009 - Dec 2021
Bahrain (%) 5.51 Mar 2021 quarterly Mar 2009 - Mar 2021
Bangladesh (%) 6.05 2019 yearly 1992 - 2019
Belarus (%) 3.11 Dec 2021 quarterly Mar 2006 - Dec 2021
Belgium (%) 2.46 Dec 2021 quarterly Mar 2000 - Dec 2021
Bolivia (%) 6.71 2017 yearly 2000 - 2017
Bosnia and Herzegovina (%) 2.94 2018 yearly 2007 - 2018
Botswana (%) -3.03 Dec 2020 quarterly Sep 2008 - Dec 2020
Brazil (%) 5.85 2020 yearly 1992 - 2020
Brunei (%) 1.58 2020 yearly 1992 - 2020
Bulgaria (%) 4.35 Dec 2021 quarterly Mar 2001 - Dec 2021
Cambodia (%) 5.07 2017 yearly 2008 - 2017
Canada (%) -0.91 Dec 2021 quarterly Mar 1977 - Dec 2021
Chile (%) 2.92 Dec 2021 quarterly Mar 1987 - Dec 2021
China (%) 8.70 2021 yearly 1953 - 2021
Colombia (%) 8.16 Dec 2021 quarterly Mar 2002 - Dec 2021
Croatia (%) 13.98 Sep 2021 quarterly Mar 2008 - Sep 2021
Cyprus (%) 0.55 Dec 2021 quarterly Jun 2005 - Dec 2021
Czech Republic (%) 2.85 Dec 2021 quarterly Dec 2004 - Dec 2021
Denmark (%) 2.21 Dec 2021 quarterly Mar 1991 - Dec 2021
Ecuador (%) 2.05 2020 yearly 1992 - 2020
Egypt (%) -3.80 Jun 2021 quarterly Mar 2004 - Jun 2021
Estonia (%) 6.83 Dec 2021 quarterly Mar 1996 - Dec 2021
European Union (%) 2.99 Dec 2021 quarterly Mar 2006 - Dec 2021
Finland (%) 0.68 Dec 2021 quarterly Mar 1991 - Dec 2021
France (%) -6.98 2020 yearly 1979 - 2020
Georgia (%) 12.57 2021 yearly 1997 - 2021
Germany (%) 0.84 Dec 2021 quarterly Mar 1992 - Dec 2021
Ghana (%) -0.78 2020 yearly 1992 - 2020
Greece (%) 3.65 Dec 2021 quarterly Mar 1996 - Dec 2021
Hong Kong SAR, China (%) -3.57 Mar 2022 quarterly Dec 1982 - Mar 2022
Hungary (%) 5.55 Dec 2021 quarterly Mar 1999 - Dec 2021
Iceland (%) -3.97 Dec 2021 quarterly Mar 2004 - Dec 2021
India (%) -0.80 2020 yearly 1992 - 2020
Indonesia (%) 1.64 2021 yearly 2001 - 2021
Iran (%) 10.79 2020 yearly 1992 - 2020
Ireland (%) -0.40 Dec 2021 quarterly Mar 1999 - Dec 2021
Israel (%) 0.92 Dec 2020 quarterly Mar 2013 - Dec 2020
Italy (%) 4.39 Dec 2021 quarterly Mar 1997 - Dec 2021
Ivory Coast (%) 1.03 2020 yearly 1992 - 2020
Japan (%) 0.94 Dec 2021 quarterly Mar 1995 - Dec 2021
Jordan (%) 0.44 2017 yearly 2001 - 2017
Kazakhstan (%) 4.67 Sep 2021 quarterly Mar 2002 - Sep 2021
Kenya (%) 0.57 2019 yearly 2011 - 2019
South Korea (%) -0.70 Mar 2022 quarterly Sep 1983 - Mar 2022
Kosovo (%) -4.03 Sep 2020 quarterly Mar 2017 - Sep 2020
Kuwait (%) -1.66 2020 yearly 1996 - 2020
Kyrgyzstan (%) -8.49 2020 yearly 1993 - 2020
Laos (%) 2.62 2019 yearly 1992 - 2019
Latvia (%) 5.61 Dec 2021 quarterly Mar 2003 - Dec 2021
Lebanon (%) -8.30 2019 yearly 1992 - 2019
Lithuania (%) 2.20 Dec 2021 quarterly Mar 1996 - Dec 2021
Luxembourg (%) 1.18 Dec 2021 quarterly Mar 1996 - Dec 2021
Macau SAR, China (%) -1.43 Dec 2021 quarterly Mar 2002 - Dec 2021
North Macedonia (%) 1.59 Dec 2021 quarterly Mar 2005 - Dec 2021
Malawi (%) -0.76 2020 yearly 1992 - 2020
Malaysia (%) 2.70 Mar 2022 quarterly Mar 2001 - Mar 2022
Malta (%) 4.71 Dec 2021 quarterly Dec 2001 - Dec 2021
Mauritius (%) 9.08 Dec 2021 quarterly Mar 2005 - Dec 2021
Mexico (%) -4.76 Dec 2021 quarterly Jun 1996 - Dec 2021
Moldova (%) 18.60 Dec 2021 quarterly Mar 2001 - Dec 2021
Mongolia (%) -3.99 Dec 2021 quarterly Sep 2007 - Dec 2021
Montenegro (%) -6.62 Dec 2021 quarterly Mar 2011 - Dec 2021
Morocco (%) -2.45 2020 yearly 2000 - 2020
Mozambique (%) -3.31 2020 yearly 1992 - 2020
Myanmar (%) -3.90 2020 yearly 1992 - 2020
Nepal (%) 3.56 2019 yearly 1992 - 2019
Netherlands (%) 3.01 Dec 2021 quarterly Mar 1996 - Dec 2021
New Zealand (%) -1.77 Dec 2021 quarterly Jun 1988 - Dec 2021
Nigeria (%) 1.14 Sep 2018 quarterly Mar 2013 - Sep 2018
Norway (%) 0.65 Mar 2022 quarterly Mar 1996 - Mar 2022
Oman (%) 12.26 2020 yearly 1999 - 2020
Pakistan (%) -1.23 2019 yearly 2001 - 2019
Palestinian Territory (%) 1.32 Dec 2021 quarterly Jun 2013 - Dec 2021
Panama (%) -0.50 2020 yearly 1992 - 2020
Paraguay (%) 1.41 Dec 2020 quarterly Mar 2018 - Dec 2020
Peru (%) 2.31 2020 yearly 2002 - 2020
Philippines (%) -3.46 2020 yearly 1992 - 2020
Poland (%) -2.66 Dec 2020 quarterly Dec 1999 - Dec 2020
Portugal (%) 3.93 Dec 2021 quarterly Mar 1996 - Dec 2021
Qatar (%) -0.98 2019 yearly 2012 - 2019
Romania (%) 12.59 Dec 2021 quarterly Mar 1996 - Dec 2021
Russia (%) 2.48 Dec 2021 quarterly Mar 1996 - Dec 2021
Saudi Arabia (%) 5.41 2021 yearly 1971 - 2021
Serbia (%) 7.15 Dec 2021 quarterly Mar 2015 - Dec 2021
Singapore (%) 5.80 Dec 2021 quarterly Mar 1986 - Dec 2021
Slovakia (%) -1.52 Dec 2021 quarterly Mar 1996 - Dec 2021
Slovenia (%) 7.55 Dec 2021 quarterly Mar 1996 - Dec 2021
South Africa (%) 5.03 Dec 2021 quarterly Mar 2009 - Dec 2021
Spain (%) 2.07 Dec 2021 quarterly Mar 1996 - Dec 2021
Sri Lanka (%) 0.31 Dec 2021 quarterly Jun 2013 - Dec 2021
Sudan (%) 3.26 2010 yearly 1996 - 2010
Sweden (%) 5.16 Dec 2021 quarterly Mar 1994 - Dec 2021
Switzerland (%) 3.41 Dec 2021 quarterly Mar 2011 - Dec 2021

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Ghana Key Series

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Includes 118 key indicators for Ghana, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -6.6 Jun 2020 quarterly Dec 2008 - Jun 2020
Consolidated Fiscal Balance (USD mn) -294.937 Mar 2022 monthly Jan 2008 - Mar 2022
Tax Revenue (USD mn) 458.822 Jun 2020 monthly Jan 2008 - Jun 2020
Tax Revenue: % of GDP (%) 9.8 Jun 2020 quarterly Mar 2008 - Jun 2020
Government Debt: % of GDP (%) 76.1 2020 yearly 2006 - 2020
Forecast: Government Expenditure (GHS bn) 182.783 2026 yearly 1980 - 2026
Forecast: Government Net Debt (GHS bn) 885.914 2027 yearly 1990 - 2027
Forecast: Government Revenue (GHS bn) 162.850 2027 yearly 1982 - 2027
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 20.464 2027 yearly 1980 - 2027
Trade Balance (USD mn) 392.3 Dec 2020 monthly Mar 2005 - Dec 2020
Total Exports (USD mn) 1,298.2 Dec 2020 monthly Mar 2005 - Dec 2020
Total Exports Growth (%) -7.6 Dec 2020 monthly Mar 2006 - Dec 2020
Aluminum: Exports (USD th) 78,981.621 2020 yearly 1995 - 2020
Exports: Medicament (USD th) 5,111.213 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 221.031 2020 yearly 1995 - 2020
Total Imports (USD mn) 1,164.3 Mar 2021 monthly Mar 2005 - Mar 2021
Total Imports Growth (%) -7.7 Dec 2020 monthly Mar 2006 - Dec 2020
Imports: Medicament (USD th) 188,339.959 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 63,163.099 2020 yearly 1995 - 2020
Total Exports to USA (USD mn) 90.887 Oct 2020 monthly Feb 1985 - Oct 2020
Total Imports from USA (USD mn) 76.976 Jan 2021 monthly Jun 1995 - Jan 2021
Total Exports to China (USD mn) 486.328 Feb 2021 monthly May 1995 - Feb 2021
Total Imports from China (USD mn) 151.945 Feb 2021 monthly Jun 1986 - Feb 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 2.8 Dec 2019 quarterly Mar 2011 - Dec 2019
Current Account Balance (USD mn) -672.2 Dec 2021 quarterly Mar 2005 - Dec 2021
Current Account Balance: % of GDP (%) -4.1 Sep 2020 quarterly Mar 2006 - Sep 2020
Foreign Direct Investment (USD mn) 838.4 Dec 2019 quarterly Mar 2011 - Dec 2019
Foreign Direct Investment: % of GDP (%) 5.0 Dec 2019 quarterly Mar 2011 - Dec 2019
Foreign Portfolio Investment (USD mn) -26.500 Dec 2019 quarterly Mar 2011 - Dec 2019
Foreign Portfolio Investment: % of GDP (%) -0.2 Dec 2019 quarterly Mar 2011 - Dec 2019
Foreign Portfolio Investment: Equity Securities (USD mn) 18.1 2010 yearly 1975 - 2010
Foreign Portfolio Investment: Debt Securities (USD mn) -26.500 Dec 2019 quarterly Mar 2011 - Dec 2019
External Debt (USD mn) 24,598.8 Mar 2021 monthly Jan 2012 - Mar 2021
External Debt: % of GDP (%) 34.2 2020 yearly 1999 - 2020
Forecast: Current Account Balance (USD bn) -3.522 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) -27,311.841 2019 yearly 2006 - 2019
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 15.3 Feb 2021 monthly Dec 2005 - Feb 2021
Non-Performing Loans (USD mn) 1,279.682 Mar 2021 quarterly Mar 2008 - Mar 2021
Money Supply M1 (USD mn) 10,559.734 Dec 2020 quarterly Mar 1990 - Dec 2020
Money Supply M2 (USD mn) 16,404.248 Dec 2020 quarterly Mar 1990 - Dec 2020
M2 Growth (%) 11.9 Dec 2021 quarterly Mar 1991 - Dec 2021
Foreign Exchange Reserves (USD mn) 6,884.2 Mar 2021 monthly Jan 1965 - Mar 2021
Foreign Exchange Reserves: % of GDP (%) 9.927 Dec 2020 quarterly Dec 2006 - Dec 2020
Foreign Exchange Reserves: Months of Import (NA) 8.6 Oct 2021 monthly Mar 2005 - Oct 2021
Gold Reserves (Metric Ton) 1,000.000 2020 yearly 2008 - 2020
Total Deposits (USD mn) 17,706.305 Dec 2020 monthly Dec 2004 - Dec 2020
Total Deposits Growth (%) 25.7 Dec 2020 monthly Dec 2005 - Dec 2020
Domestic Credit (USD mn) 23,472.9 Dec 2020 monthly Jan 1967 - Dec 2020
Domestic Credit Growth (%) 48.7 Dec 2020 monthly Jan 1968 - Dec 2020
Total Loans (USD mn) 8,292.948 Dec 2020 monthly Dec 2011 - Dec 2020
Total Loans Growth (%) 5.60 Mar 2021 monthly Dec 2012 - Mar 2021
Private Debt: % of Nominal GDP (%) 9.93 Dec 2020 quarterly Dec 2013 - Dec 2020
Business and Economic Survey Last Frequency Range
Business Confidence Growth (%) -9.3 Feb 2022 monthly Dec 2013 - Feb 2022

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