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:

Ghana Nominal GDP

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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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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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 (%) -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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