Ghana Nominal GDP
2006 - 2022 | Quarterly | USD mn | CEIC Data
Key information about Ghana Nominal GDP
- Ghana Nominal GDP reached 21.6 USD bn in Mar 2022, compared with 21.8 USD bn in the previous quarter.
- Nominal GDP in Ghana is updated quarterly, available from Mar 2006 to Mar 2022, with an average number of 13.2 USD bn.
- The data reached an all-time high of 21.8 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 0.9 % YoY in Mar 2022.
- Its GDP deflator (implicit price deflator) increased 16.6 % in Mar 2022.
- Ghana GDP Per Capita reached 2,565.0 USD in Dec 2021.
- Its Gross Savings Rate was measured at 19.9 % in Dec 2021.
- For Nominal GDP contributions, Investment accounted for 18.6 % in Dec 2021.
- Public Consumption accounted for 10.5 % in Dec 2021.
- Private Consumption accounted for 69.6 % in Dec 2021.
View Ghana's Nominal GDP from Mar 2006 to Mar 2022 in the chart:
What was Ghana's Nominal GDP in Mar 2022?
Ghana Nominal GDP reached 21.6 USD bn in Mar 2022, compared with 21.8 USD bn in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 21,594.6 Mar 2022 | 21,756.8 Dec 2021 | 4,393.3 Mar 2006 | 21,756.8 Dec 2021 | USD mn | quarterly | Mar 2006 - Mar 2022 |
Nominal GDP by Country Comparison
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Includes Nominal GDP on 116 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | 4,763.0 Mar 2022 | quarterly | Mar 2008 - Mar 2022 |
| Algeria (USD mn) | 42,572.7 Dec 2021 | quarterly | Mar 1999 - Dec 2021 |
| Argentina (USD mn) | 138,555.9 Mar 2022 | quarterly | Mar 1993 - Mar 2022 |
| Armenia (USD mn) | 3,051.7 Mar 2022 | quarterly | Dec 1994 - Mar 2022 |
| Australia (USD mn) | 420,831.4 Mar 2022 | quarterly | Sep 1959 - Mar 2022 |
| Austria (USD mn) | 119,900.2 Mar 2022 | quarterly | Mar 1988 - Mar 2022 |
| Azerbaijan (USD mn) | 17,040.4 Dec 2021 | quarterly | Mar 2001 - Dec 2021 |
| Bahrain (USD mn) | 10,806.4 Mar 2022 | quarterly | Mar 2007 - Mar 2022 |
| Bangladesh (USD mn) | 416,270.8 2021 | yearly | 1960 - 2021 |
| Belarus (USD mn) | 15,246.6 Mar 2022 | quarterly | Mar 1994 - Mar 2022 |
| Belgium (USD mn) | 153,432.8 Mar 2022 | quarterly | Mar 1980 - Mar 2022 |
| Bolivia (USD mn) | 11,251.1 Dec 2021 | quarterly | Mar 1990 - Dec 2021 |
| Bosnia and Herzegovina (USD mn) | 5,757.1 Dec 2021 | quarterly | Mar 2008 - Dec 2021 |
| Botswana (USD mn) | 4,650.1 Mar 2022 | quarterly | Sep 1993 - Mar 2022 |
| Brazil (USD mn) | 431,448.0 Mar 2022 | quarterly | Mar 1990 - Mar 2022 |
| Brunei (USD mn) | 3,853.9 Dec 2021 | quarterly | Mar 2004 - Dec 2021 |
| Bulgaria (USD mn) | 18,822.4 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Cambodia (USD mn) | 26,985.6 2021 | yearly | 1993 - 2021 |
| Canada (USD mn) | 532,603.6 Mar 2022 | quarterly | Mar 1957 - Mar 2022 |
| Chile (USD mn) | 79,926.2 Mar 2022 | quarterly | Mar 1990 - Mar 2022 |
| China (USD mn) | 4,256,153.7 Mar 2022 | quarterly | Mar 1992 - Mar 2022 |
| Colombia (USD mn) | 86,226.8 Mar 2022 | quarterly | Mar 2000 - Mar 2022 |
| Croatia (USD mn) | 15,810.7 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Cyprus (USD mn) | 6,955.2 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Czech Republic (USD mn) | 74,656.3 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Denmark (USD mn) | 101,212.2 Mar 2022 | quarterly | Mar 1990 - Mar 2022 |
| Ecuador (USD mn) | 27,717.7 Dec 2021 | quarterly | Mar 1991 - Dec 2021 |
| Egypt (USD mn) | 96,155.5 Jun 2021 | quarterly | Sep 2001 - Jun 2021 |
| Estonia (USD mn) | 9,635.6 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| European Union (USD mn) | 4,273,111.9 Mar 2022 | quarterly | Mar 1999 - Mar 2022 |
| Finland (USD mn) | 74,163.5 Mar 2022 | quarterly | Mar 1990 - Mar 2022 |
| France (USD mn) | 720,979.7 Mar 2022 | quarterly | Mar 1957 - Mar 2022 |
| Georgia (USD mn) | 4,610.4 Mar 2022 | quarterly | Mar 2010 - Mar 2022 |
| Germany (USD mn) | 1,038,505.7 Mar 2022 | quarterly | Mar 1960 - Mar 2022 |
| Ghana (USD mn) | 21,594.6 Mar 2022 | quarterly | Mar 2006 - Mar 2022 |
| Greece (USD mn) | 55,947.2 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Hong Kong SAR, China (USD mn) | 86,893.9 Mar 2022 | quarterly | Mar 1973 - Mar 2022 |
| Hungary (USD mn) | 42,058.0 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Iceland (USD mn) | 6,926.9 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| India (USD mn) | 879,815.8 Mar 2022 | quarterly | Jun 1996 - Mar 2022 |
| Indonesia (USD mn) | 314,608.3 Mar 2022 | quarterly | Mar 1993 - Mar 2022 |
| Iran (USD mn) | 393,335.2 Dec 2021 | quarterly | Jun 1988 - Dec 2021 |
| Ireland (USD mn) | 131,137.2 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Israel (USD mn) | 128,124.8 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Italy (USD mn) | 516,458.7 Mar 2022 | quarterly | Mar 1980 - Mar 2022 |
| Ivory Coast (USD mn) | 10,091.2 Sep 2018 | quarterly | Mar 1997 - Sep 2018 |
| Japan (USD mn) | 1,165,764.4 Mar 2022 | quarterly | Mar 1957 - Mar 2022 |
| Jordan (USD mn) | 10,972.5 Mar 2022 | quarterly | Mar 1992 - Mar 2022 |
| Kazakhstan (USD mn) | 67,879.3 Dec 2021 | quarterly | Mar 1994 - Dec 2021 |
| Kenya (USD mn) | 28,077.8 Dec 2021 | quarterly | Mar 2009 - Dec 2021 |
| South Korea (USD mn) | 442,007.2 Mar 2022 | quarterly | Mar 1960 - Mar 2022 |
| Kosovo (USD mn) | 1,954.1 Mar 2022 | quarterly | Mar 2010 - Mar 2022 |
| Kuwait (USD mn) | 27,984.3 Dec 2020 | quarterly | Mar 2010 - Dec 2020 |
| Kyrgyzstan (USD mn) | 1,626.7 Mar 2022 | quarterly | Mar 2000 - Mar 2022 |
| Laos (USD mn) | 19,074.4 2021 | yearly | 1984 - 2021 |
| Latvia (USD mn) | 10,431.3 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Lebanon (USD mn) | 53,595.4 2019 | yearly | 1997 - 2019 |
| Lithuania (USD mn) | 17,275.2 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Luxembourg (USD mn) | 22,327.9 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Macau SAR, China (USD mn) | 6,655.4 Mar 2022 | quarterly | Mar 1998 - Mar 2022 |
| North Macedonia (USD mn) | 3,290.8 Mar 2022 | quarterly | Mar 2000 - Mar 2022 |
| Malawi (USD mn) | 10,862.6 2019 | yearly | 1960 - 2019 |
| Malaysia (USD mn) | 100,790.2 Mar 2022 | quarterly | Mar 1991 - Mar 2022 |
| Malta (USD mn) | 4,248.6 Mar 2022 | quarterly | Mar 1992 - Mar 2022 |
| Mauritius (USD mn) | 3,187.7 Dec 2021 | quarterly | Mar 1999 - Dec 2021 |
| Mexico (USD mn) | 340,362.7 Mar 2022 | quarterly | Mar 1993 - Mar 2022 |
| Moldova (USD mn) | 3,110.4 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Mongolia (USD mn) | 3,329.9 Mar 2022 | quarterly | Mar 2000 - Mar 2022 |
| Montenegro (USD mn) | 1,152.6 Mar 2022 | quarterly | Mar 2010 - Mar 2022 |
| Morocco (USD mn) | 33,535.1 Dec 2021 | quarterly | Mar 1990 - Dec 2021 |
| Mozambique (USD mn) | 15,777.0 2021 | yearly | 1963 - 2021 |
| Myanmar (USD mn) | 66,719.6 2018 | yearly | 2001 - 2018 |
| Nepal (USD mn) | 36,195.7 2021 | yearly | 2001 - 2021 |
| Netherlands (USD mn) | 255,069.4 Mar 2022 | quarterly | Mar 1988 - Mar 2022 |
| New Zealand (USD mn) | 61,582.6 Mar 2022 | quarterly | Jun 1987 - Mar 2022 |
| Nigeria (USD mn) | 109,066.7 Mar 2022 | quarterly | Mar 2010 - Mar 2022 |
| Norway (USD mn) | 139,600.3 Mar 2022 | quarterly | Mar 1978 - Mar 2022 |
| Oman (USD mn) | 22,836.9 Dec 2021 | quarterly | Mar 2005 - Dec 2021 |
| Pakistan (USD mn) | 348,674.2 2021 | yearly | 2000 - 2021 |
| Palestinian Territory (USD mn) | 4,898.6 Mar 2022 | quarterly | Mar 2000 - Mar 2022 |
| Panama (USD mn) | 17,623.7 Mar 2022 | quarterly | Mar 2007 - Mar 2022 |
| Paraguay (USD mn) | 10,335.3 Mar 2022 | quarterly | Mar 1994 - Mar 2022 |
| Peru (USD mn) | 56,146.1 Mar 2022 | quarterly | Mar 1979 - Mar 2022 |
| Philippines (USD mn) | 95,679.9 Mar 2022 | quarterly | Mar 1981 - Mar 2022 |
| Poland (USD mn) | 166,745.3 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Portugal (USD mn) | 63,994.3 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Qatar (USD mn) | 47,875.3 Dec 2021 | quarterly | Mar 2010 - Dec 2021 |
| Romania (USD mn) | 77,565.6 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Russia (USD mn) | 404,404.3 Mar 2022 | quarterly | Mar 1993 - Mar 2022 |
| Saudi Arabia (USD mn) | 251,950.4 Mar 2022 | quarterly | Mar 2003 - Mar 2022 |
| Serbia (USD mn) | 14,696.0 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Singapore (USD mn) | 106,889.7 Mar 2022 | quarterly | Mar 1975 - Mar 2022 |
| Slovakia (USD mn) | 28,404.6 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Slovenia (USD mn) | 15,667.3 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| South Africa (USD mn) | 102,855.7 Dec 2021 | quarterly | Mar 1960 - Dec 2021 |
| Spain (USD mn) | 356,917.1 Mar 2022 | quarterly | Mar 1970 - Mar 2022 |
| Sri Lanka (USD mn) | 23,186.9 Dec 2021 | quarterly | Mar 2002 - Dec 2021 |
| Sudan (USD mn) | 73,427.7 2020 | yearly | 1960 - 2020 |
| Sweden (USD mn) | 146,923.1 Mar 2022 | quarterly | Mar 1980 - Mar 2022 |
| Switzerland (USD mn) | 208,270.1 Mar 2022 | quarterly | Mar 1980 - Mar 2022 |
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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 (%) | -8.5 Mar 2022 | quarterly | Dec 2008 - Mar 2022 |
| Consolidated Fiscal Balance (USD mn) | -294.937 Mar 2022 | monthly | Jan 2008 - Mar 2022 |
| Tax Revenue (USD mn) | 768.478 Mar 2022 | monthly | Jan 2008 - Mar 2022 |
| Tax Revenue: % of GDP (%) | 9.2 Mar 2022 | quarterly | Mar 2008 - Mar 2022 |
| Government Debt: % of GDP (%) | 80.1 2021 | yearly | 2006 - 2021 |
| Forecast: Government Expenditure (GHS bn) | 234.411 2027 | yearly | 1980 - 2027 |
| 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) | 296.0 Feb 2022 | monthly | Mar 2005 - Feb 2022 |
| Total Exports (USD mn) | 1,431.0 Feb 2022 | monthly | Jan 2010 - Feb 2022 |
| Total Exports Growth (%) | -1.9 Dec 2021 | monthly | Jan 2011 - Dec 2021 |
| 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) | 1,193.0 Dec 2021 | monthly | Mar 2005 - Dec 2021 |
| Total Imports Growth (%) | 31.7 Dec 2021 | monthly | Mar 2006 - Dec 2021 |
| 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) | 59.001 Mar 2022 | monthly | Feb 1985 - Mar 2022 |
| Total Imports from USA (USD mn) | 162.216 Mar 2022 | monthly | Jun 1995 - Mar 2022 |
| Total Exports to China (USD mn) | 448.347 Mar 2022 | monthly | May 1995 - Mar 2022 |
| Total Imports from China (USD mn) | 239.044 Mar 2022 | monthly | Jun 1986 - Mar 2022 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 0.0 Dec 2020 | quarterly | Mar 2011 - Dec 2020 |
| Current Account Balance (USD mn) | -672.2 Dec 2021 | quarterly | Mar 2005 - Dec 2021 |
| Current Account Balance: % of GDP (%) | -3.1 Dec 2021 | quarterly | Mar 2006 - Dec 2021 |
| Foreign Direct Investment (USD mn) | 346.9 Dec 2020 | quarterly | Mar 2011 - Dec 2020 |
| Foreign Direct Investment: % of GDP (%) | 1.9 Dec 2020 | quarterly | Mar 2011 - Dec 2020 |
| Foreign Portfolio Investment (USD mn) | -69.820 Dec 2020 | quarterly | Mar 2011 - Dec 2020 |
| Foreign Portfolio Investment: % of GDP (%) | -0.4 Dec 2020 | quarterly | Mar 2011 - Dec 2020 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 18.1 2010 | yearly | 1975 - 2010 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -69.820 Dec 2020 | quarterly | Mar 2011 - Dec 2020 |
| External Debt (USD mn) | 28,290.4 Feb 2022 | monthly | Jan 2012 - Feb 2022 |
| External Debt: % of GDP (%) | 35.6 2021 | yearly | 1999 - 2021 |
| Forecast: Current Account Balance (USD bn) | -3.522 2027 | yearly | 1980 - 2027 |
| Net International Investment Position (USD mn) | -28,067.014 2020 | yearly | 2006 - 2020 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 14.3 Apr 2022 | monthly | Dec 2005 - Apr 2022 |
| Non-Performing Loans (USD mn) | 1,357.152 Dec 2021 | quarterly | Mar 2008 - Dec 2021 |
| Money Supply M1 (USD mn) | 11,560.177 Dec 2021 | quarterly | Mar 1990 - Dec 2021 |
| Money Supply M2 (USD mn) | 17,612.019 Dec 2021 | quarterly | Mar 1990 - Dec 2021 |
| M2 Growth (%) | 11.9 Dec 2021 | quarterly | Mar 1991 - Dec 2021 |
| Foreign Exchange Reserves (USD mn) | 7,500.6 Mar 2022 | monthly | Jan 1965 - Mar 2022 |
| Foreign Exchange Reserves: % of GDP (%) | 9.318 Mar 2022 | quarterly | Dec 2006 - Mar 2022 |
| Foreign Exchange Reserves: Months of Import (NA) | 7.2 Feb 2022 | monthly | Mar 2005 - Feb 2022 |
| Gold Reserves (Metric Ton) | 1,000.000 2021 | yearly | 2008 - 2021 |
| Total Deposits (USD mn) | 18,202.312 Feb 2022 | monthly | Dec 2004 - Feb 2022 |
| Total Deposits Growth (%) | 17.5 Feb 2022 | monthly | Dec 2005 - Feb 2022 |
| Domestic Credit (USD mn) | 25,818.0 Feb 2022 | monthly | Jan 1967 - Feb 2022 |
| Domestic Credit Growth (%) | 24.9 Feb 2022 | monthly | Jan 1968 - Feb 2022 |
| Total Loans (USD mn) | 8,523.397 Feb 2022 | monthly | Dec 2011 - Feb 2022 |
| Total Loans Growth (%) | 18.28 Feb 2022 | monthly | Dec 2012 - Feb 2022 |
| Private Debt: % of Nominal GDP (%) | 10.26 Dec 2021 | quarterly | Dec 2013 - Dec 2021 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (%) | -8.4 Apr 2022 | monthly | Dec 2013 - Apr 2022 |
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