Ghana Real GDP Growth

2006 - 2020 | Quarterly | % | CEIC Data

The Gross Domestic Product (GDP) in Ghana contracted 0.8 % YoY in Jun 2020, following a growth of 1.2 % in the previous quarter. Real GDP Growth YoY data in Ghana is updated quarterly, available from Jun 2006 to Jun 2020, with an average rate of 1.4 %. The data reached an all-time high of 7.4 % in Mar 2011 and a record low of -1.8 % in Dec 2008. CEIC calculates quarterly Real GDP Growth from quarterly Real GDP. Ghana Statistical Service provides Real GDP in local currency, at chain linked 2013 prices. Real GDP Growth prior to Q2 2013 is calculated from quarterly Real GDP based on SNA 1993, at 2006 prices.

In the latest reports, Nominal GDP of Ghana reached 15.3 USD bn in Jun 2020. Its GDP deflator (implicit price deflator) increased 5.1 % in Jun 2020. GDP Per Capita in Ghana reached 2,212.1 USD in Dec 2019. Its Gross Savings Rate was measured at 22.1 % in Dec 2019.

View Ghana's Real GDP Growth from Jun 2006 to Jun 2020 in the chart:

Ghana Real GDP Growth

What was Ghana's Real GDP Growth in Jun 2020?

Last Previous Min Max Unit Frequency Range
-0.8 Jun 2020 1.2 Mar 2020 -1.8 Dec 2008 7.4 Mar 2011 % quarterly Jun 2006 - Jun 2020

Real GDP Growth by Country Comparison

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Includes Real GDP Growth on 116 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) -11.0 Jun 2020 quarterly Mar 2010 - Jun 2020
Algeria (%) -3.9 Mar 2020 quarterly Mar 2012 - Mar 2020
Argentina (%) -19.8 Jun 2020 quarterly Mar 2005 - Jun 2020
Armenia (%) -9.1 Sep 2020 quarterly Mar 2001 - Sep 2020
Australia (%) -6.3 Jun 2020 quarterly Sep 1960 - Jun 2020
Austria (%) -14.5 Jun 2020 quarterly Mar 1989 - Jun 2020
Azerbaijan (%) 0.2 Mar 2020 quarterly Mar 2001 - Mar 2020
Bahrain (%) -8.9 Jun 2020 quarterly Mar 2009 - Jun 2020
Bangladesh (%) 5.2 2020 yearly 2007 - 2020
Belarus (%) -3.3 Jun 2020 quarterly Mar 2006 - Jun 2020

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Ghana Key Series

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Includes 114 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 (%) -7.1 Jun 2020 quarterly Dec 2008 - Jun 2020
Consolidated Fiscal Balance (USD mn) -1,074.460 Jun 2020 monthly Jan 2008 - Jun 2020
Tax Revenue (USD mn) 458.822 Jun 2020 monthly Jan 2008 - Jun 2020
Tax Revenue: % of GDP (%) 10.7 Jun 2020 quarterly Mar 2008 - Jun 2020
Government Debt: % of GDP (%) 63.0 2019 yearly 2006 - 2019
Forecast: Government Expenditure (GHS bn) 144.387 2025 yearly 1980 - 2025
Forecast: Government Net Debt (GHS bn) 494.568 2025 yearly 1990 - 2025
Forecast: Government Revenue (GHS bn) 100.805 2025 yearly 1982 - 2025

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