Ghana Nominal GDP

Key information about Ghana Nominal GDP

• Ghana Nominal GDP reached 19.3 USD bn in Sep 2023, compared with 17.0 USD bn in the previous quarter.
• Nominal GDP in Ghana is updated quarterly, available from Mar 2006 to Sep 2023, with an average number of 13.7 USD bn.
• The data reached an all-time high of 22.0 USD bn in Dec 2021 and a record low of 4.4 USD bn in Mar 2006.

CEIC converts quarterly Nominal GDP into USD. Ghana Statistical Service provides Nominal GDP in local currency based on SNA 2008. The Bank of Ghana average market exchange rate is used for currency conversions. Nominal GDP prior to Q1 2013 is based on SNA 1993.


Related information about Ghana Nominal GDP

• In the latest reports, Ghana GDP expanded 0.5 % YoY in Sep 2023.
• Its GDP deflator (implicit price deflator) increased 36.6 % in Sep 2023.
• Ghana GDP Per Capita reached 2,353.0 USD in Dec 2022.
• Its Gross Savings Rate was measured at 15.4 % in Dec 2022.
• For Nominal GDP contributions, Investment accounted for 16.2 % in Dec 2022.
• Public Consumption accounted for 6.7 % in Dec 2022.
• Private Consumption accounted for 77.4 % in Dec 2022.

View Ghana's Nominal GDP from Mar 2006 to Sep 2023 in the chart:

What was Ghana's Nominal GDP in Sep 2023?

Ghana Nominal GDP reached 19.3 USD bn in Sep 2023, compared with 17.0 USD bn in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
19,263.7 Sep 2023	16,953.8 Jun 2023	4,393.3 Mar 2006	22,013.1 Dec 2021	USD mn	quarterly	Mar 2006 - Sep 2023

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