Ghana Nominal GDP Growth
2007 - 2022 | Quarterly | % | CEIC Data
Key information about Ghana Nominal GDP Growth
- Ghana Nominal GDP Growth was reported at 20.484 % in Mar 2022.
- This records a decrease from the previous number of 20.732 % for Dec 2021.
- Ghana Nominal GDP Growth data is updated quarterly, averaging 20.522 % from Mar 2007 to Mar 2022, with 61 observations.
- The data reached an all-time high of 48.083 % in Jun 2011 and a record low of 2.632 % in Sep 2015.
- Ghana Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
- The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly: Middle East and Africa.
CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. Ghana Statistical Service provides Nominal GDP in local currency, based on SNA 2008. Nominal GDP Growth prior to Q1 2014 is based on SNA 1993.
View Ghana's Nominal GDP Growth from Mar 2007 to Mar 2022 in the chart:
What was Ghana's Nominal GDP Growth in Mar 2022?
Ghana Nominal GDP Growth was reported at 20.484 % in Mar 2022. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 20.484 Mar 2022 | 20.732 Dec 2021 | 2.632 Sep 2015 | 48.083 Jun 2011 | % | quarterly | Mar 2007 - Mar 2022 |
Nominal GDP Growth by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 10.939 Dec 2021 | quarterly | Mar 2009 - Dec 2021 |
| Algeria (%) | 24.181 Dec 2021 | quarterly | Mar 2000 - Dec 2021 |
| Argentina (%) | 62.973 Mar 2022 | quarterly | Mar 1994 - Mar 2022 |
| Armenia (%) | 16.094 Mar 2022 | quarterly | Dec 1995 - Mar 2022 |
| Australia (%) | 10.209 Mar 2022 | quarterly | Sep 1960 - Mar 2022 |
| Austria (%) | 12.359 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Azerbaijan (%) | 44.210 Dec 2021 | quarterly | Mar 2002 - Dec 2021 |
| Bahrain (%) | 19.665 Mar 2022 | quarterly | Mar 2008 - Mar 2022 |
| Bangladesh (%) | 12.642 2022 | yearly | 2007 - 2022 |
| Belarus (%) | 15.024 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Belgium (%) | 12.915 Mar 2022 | quarterly | Mar 1981 - Mar 2022 |
| Bolivia (%) | 6.756 Dec 2021 | quarterly | Mar 1991 - Dec 2021 |
| Bosnia and Herzegovina (%) | 11.236 Dec 2021 | quarterly | Mar 2009 - Dec 2021 |
| Botswana (%) | 11.771 Dec 2021 | quarterly | Sep 1994 - Dec 2021 |
| Brazil (%) | 12.296 Mar 2022 | quarterly | Mar 1991 - Mar 2022 |
| Brunei (%) | 28.697 Dec 2021 | quarterly | Mar 2005 - Dec 2021 |
| Bulgaria (%) | 21.441 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Cambodia (%) | 4.357 2021 | yearly | 1994 - 2021 |
| Canada (%) | 11.918 Mar 2022 | quarterly | Mar 1958 - Mar 2022 |
| Chile (%) | 16.195 Mar 2022 | quarterly | Mar 1991 - Mar 2022 |
| China (%) | 8.949 Mar 2022 | quarterly | Mar 1993 - Mar 2022 |
| Colombia (%) | 21.937 Mar 2022 | quarterly | Mar 2001 - Mar 2022 |
| Croatia (%) | 13.694 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Cyprus (%) | 10.260 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Czech Republic (%) | 10.881 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Denmark (%) | 13.429 Mar 2022 | quarterly | Mar 1991 - Mar 2022 |
| Ecuador (%) | 9.895 Dec 2021 | quarterly | Mar 1992 - Dec 2021 |
| Egypt (%) | 13.673 Jun 2021 | quarterly | Sep 2002 - Jun 2021 |
| Estonia (%) | 19.714 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| European Union (%) | 9.464 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Finland (%) | 8.911 Mar 2022 | quarterly | Mar 1991 - Mar 2022 |
| France (%) | 5.903 Mar 2022 | quarterly | Mar 1950 - Mar 2022 |
| Georgia (%) | 24.947 Mar 2022 | quarterly | Mar 1997 - Mar 2022 |
| Germany (%) | 7.785 Mar 2022 | quarterly | Mar 1961 - Mar 2022 |
| Ghana (%) | 20.484 Mar 2022 | quarterly | Mar 2007 - Mar 2022 |
| Greece (%) | 14.969 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Hong Kong SAR, China (%) | -3.610 Mar 2022 | quarterly | Mar 1974 - Mar 2022 |
| Hungary (%) | 17.628 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Iceland (%) | 16.844 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| India (%) | 14.905 Mar 2022 | quarterly | Jun 1997 - Mar 2022 |
| Indonesia (%) | 13.646 Mar 2022 | quarterly | Mar 1994 - Mar 2022 |
| Iran (%) | 58.939 Dec 2021 | quarterly | Jun 1989 - Dec 2021 |
| Ireland (%) | 16.745 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Israel (%) | 14.401 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Italy (%) | 7.528 Mar 2022 | quarterly | Mar 1981 - Mar 2022 |
| Ivory Coast (%) | 27.106 Sep 2018 | quarterly | Mar 1998 - Sep 2018 |
| Japan (%) | -0.136 Mar 2022 | quarterly | Mar 1981 - Mar 2022 |
| Jordan (%) | 4.659 Dec 2021 | quarterly | Mar 1993 - Dec 2021 |
| Kazakhstan (%) | 17.439 Dec 2021 | quarterly | Mar 1995 - Dec 2021 |
| Kenya (%) | 11.367 Dec 2021 | quarterly | Mar 2010 - Dec 2021 |
| South Korea (%) | 5.524 Mar 2022 | quarterly | Mar 1961 - Mar 2022 |
| Kosovo (%) | 10.055 Mar 2022 | quarterly | Mar 2011 - Mar 2022 |
| Kuwait (%) | -20.153 Dec 2020 | quarterly | Mar 2011 - Dec 2020 |
| Kyrgyzstan (%) | 20.129 Mar 2022 | quarterly | Mar 2001 - Mar 2022 |
| Laos (%) | 7.166 2021 | yearly | 1985 - 2021 |
| Latvia (%) | 18.899 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Lebanon (%) | -2.549 2019 | yearly | 1998 - 2019 |
| Lithuania (%) | 17.382 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Luxembourg (%) | 14.013 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Macau SAR, China (%) | -8.600 Mar 2022 | quarterly | Mar 1999 - Mar 2022 |
| North Macedonia (%) | 12.655 Mar 2022 | quarterly | Mar 2001 - Mar 2022 |
| Malawi (%) | 7.189 2020 | yearly | 2003 - 2020 |
| Malaysia (%) | 13.860 Mar 2022 | quarterly | Mar 1992 - Mar 2022 |
| Malta (%) | 10.728 Mar 2022 | quarterly | Mar 2001 - Mar 2022 |
| Mauritius (%) | 14.292 Dec 2021 | quarterly | Mar 2000 - Dec 2021 |
| Mexico (%) | 9.963 Mar 2022 | quarterly | Mar 1994 - Mar 2022 |
| Moldova (%) | 17.041 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Mongolia (%) | 4.011 Mar 2022 | quarterly | Mar 2001 - Mar 2022 |
| Montenegro (%) | 17.301 Mar 2022 | quarterly | Mar 2011 - Mar 2022 |
| Morocco (%) | 9.736 Dec 2021 | quarterly | Mar 2008 - Dec 2021 |
| Mozambique (%) | 5.025 2021 | yearly | 1964 - 2021 |
| Nepal (%) | 8.982 2021 | yearly | 2002 - 2021 |
| Netherlands (%) | 11.307 Mar 2022 | quarterly | Mar 1989 - Mar 2022 |
| New Zealand (%) | 6.514 Mar 2022 | quarterly | Jun 1988 - Mar 2022 |
| Nigeria (%) | 13.254 Mar 2022 | quarterly | Mar 2011 - Mar 2022 |
| Norway (%) | 34.858 Mar 2022 | quarterly | Mar 1979 - Mar 2022 |
| Oman (%) | 26.592 Dec 2021 | quarterly | Mar 2006 - Dec 2021 |
| Pakistan (%) | 19.992 2022 | yearly | 2001 - 2022 |
| Palestinian Territory (%) | 20.195 Dec 2021 | quarterly | Mar 2001 - Dec 2021 |
| Panama (%) | 17.538 Mar 2022 | quarterly | Mar 2008 - Mar 2022 |
| Paraguay (%) | 9.699 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Peru (%) | 8.243 Mar 2022 | quarterly | Mar 1991 - Mar 2022 |
| Philippines (%) | 12.770 Mar 2022 | quarterly | Mar 1982 - Mar 2022 |
| Poland (%) | 16.293 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Portugal (%) | 12.713 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Qatar (%) | 29.314 Dec 2021 | quarterly | Mar 2012 - Dec 2021 |
| Romania (%) | 19.417 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Russia (%) | 27.824 Mar 2022 | quarterly | Mar 1994 - Mar 2022 |
| Saudi Arabia (%) | 32.074 Mar 2022 | quarterly | Mar 2004 - Mar 2022 |
| Serbia (%) | 12.804 Mar 2022 | quarterly | Mar 1997 - Mar 2022 |
| Singapore (%) | 10.001 Mar 2022 | quarterly | Mar 1976 - Mar 2022 |
| Slovakia (%) | 8.982 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Slovenia (%) | 12.972 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| South Africa (%) | 7.428 Dec 2021 | quarterly | Mar 1961 - Dec 2021 |
| Spain (%) | 10.379 Mar 2022 | quarterly | Mar 1971 - Mar 2022 |
| Sri Lanka (%) | 13.459 Dec 2021 | quarterly | Mar 2003 - Dec 2021 |
| Sudan (%) | 103.797 2020 | yearly | 1961 - 2020 |
| Sweden (%) | 7.687 Mar 2022 | quarterly | Mar 1981 - Mar 2022 |
| Switzerland (%) | 7.440 Mar 2022 | quarterly | Mar 1981 - Mar 2022 |
| Syria (%) | 48.615 2020 | yearly | 1971 - 2020 |
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| 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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