Ghana Real GDP Growth

Key information about Ghana Real GDP Growth

• The Gross Domestic Product (GDP) in Ghana expanded 0.5 % YoY in Sep 2023, following a growth of 0.7 % in the previous quarter.
• Real GDP Growth YoY data in Ghana is updated quarterly, available from Jun 2006 to Sep 2023, with an average rate of 1.2 %.
• 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.


Related information about Ghana Real GDP Growth

• In the latest reports, Nominal GDP of Ghana reached 19.3 USD bn in Sep 2023.
• Its GDP deflator (implicit price deflator) increased 36.6 % in Sep 2023.
• GDP Per Capita in Ghana 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 Real GDP Growth from Jun 2006 to Sep 2023 in the chart:

What was Ghana's Real GDP Growth in Sep 2023?

The Gross Domestic Product (GDP) in Ghana expanded 0.5 % YoY in Sep 2023, following a growth of 0.7 % in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
0.5 Sep 2023	0.7 Jun 2023	-1.8 Dec 2008	7.4 Mar 2011	%	quarterly	Jun 2006 - Sep 2023

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