Ghana Nominal GDP Growth
2007 - 2023 | Quarterly | % | CEIC Data
Key information about Ghana Nominal GDP Growth
- Ghana Nominal GDP Growth was reported at 39.349 % in Sep 2023.
- This records a decrease from the previous number of 42.065 % for Jun 2023.
- Ghana Nominal GDP Growth data is updated quarterly, averaging 21.817 % from Mar 2007 to Sep 2023, with 67 observations.
- The data reached an all-time high of 49.477 % in Mar 2023 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.
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 Sep 2023 in the chart:
What was Ghana's Nominal GDP Growth in Sep 2023?
Ghana Nominal GDP Growth was reported at 39.349 % in Sep 2023. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 39.349 Sep 2023 | 42.065 Jun 2023 | 2.632 Sep 2015 | 49.477 Mar 2023 | % | quarterly | Mar 2007 - Sep 2023 |
Nominal GDP Growth by Country Comparison
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Includes Nominal GDP Growth on 114 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 7.894 Sep 2023 | quarterly | Mar 2009 - Sep 2023 |
| Algeria (%) | -1.277 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Argentina (%) | 169.925 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Armenia (%) | 9.822 Dec 2023 | quarterly | Dec 1995 - Dec 2023 |
| Australia (%) | 4.423 Dec 2023 | quarterly | Sep 1960 - Dec 2023 |
| Austria (%) | 6.545 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| Azerbaijan (%) | -11.065 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Bahrain (%) | 3.250 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Bangladesh (%) | 13.071 2023 | yearly | 2007 - 2023 |
| Belarus (%) | 13.186 Mar 2024 | quarterly | Mar 1995 - Mar 2024 |
| Belgium (%) | 4.148 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
| Bolivia (%) | 0.912 Sep 2023 | quarterly | Mar 1991 - Sep 2023 |
| Bosnia and Herzegovina (%) | 4.068 Dec 2023 | quarterly | Mar 2009 - Dec 2023 |
| Botswana (%) | -4.803 Dec 2023 | quarterly | Sep 1994 - Dec 2023 |
| Brazil (%) | 7.187 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| Brunei (%) | -13.343 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Bulgaria (%) | 5.061 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Cambodia (%) | 9.523 2022 | yearly | 1994 - 2022 |
| Canada (%) | 3.973 Dec 2023 | quarterly | Mar 1958 - Dec 2023 |
| Chile (%) | 3.969 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| China (%) | 4.176 Mar 2024 | quarterly | Mar 1993 - Mar 2024 |
| Colombia (%) | 4.957 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Croatia (%) | 8.099 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Cyprus (%) | 6.926 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Czech Republic (%) | 6.200 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Denmark (%) | -2.051 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| Ecuador (%) | -1.089 Dec 2023 | quarterly | Mar 1992 - Dec 2023 |
| Egypt (%) | 36.681 Dec 2023 | quarterly | Sep 2002 - Dec 2023 |
| Estonia (%) | 2.955 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| European Union (%) | 5.681 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Finland (%) | 1.184 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| France (%) | 5.671 Dec 2023 | quarterly | Mar 1950 - Dec 2023 |
| Georgia (%) | 7.641 Dec 2023 | quarterly | Mar 1997 - Dec 2023 |
| Germany (%) | 6.266 Dec 2023 | quarterly | Mar 1961 - Dec 2023 |
| Ghana (%) | 39.349 Sep 2023 | quarterly | Mar 2007 - Sep 2023 |
| Greece (%) | 5.196 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Hong Kong SAR, China (%) | 8.548 Dec 2023 | quarterly | Mar 1974 - Dec 2023 |
| Hungary (%) | 13.247 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Iceland (%) | 6.613 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| India (%) | 10.075 Dec 2023 | quarterly | Jun 1997 - Dec 2023 |
| Indonesia (%) | 3.671 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Iran (%) | 36.289 Sep 2023 | quarterly | Jun 1989 - Sep 2023 |
| Ireland (%) | -5.150 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Israel (%) | -0.107 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Italy (%) | 4.615 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
| Ivory Coast (%) | 681.695 Mar 2023 | quarterly | Mar 1998 - Mar 2023 |
| Japan (%) | 5.357 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
| Jordan (%) | 4.082 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Kazakhstan (%) | 11.192 Sep 2023 | quarterly | Mar 1995 - Sep 2023 |
| Kenya (%) | 11.651 Mar 2023 | quarterly | Mar 2010 - Mar 2023 |
| South Korea (%) | 5.780 Dec 2023 | quarterly | Mar 1961 - Dec 2023 |
| Kosovo (%) | 9.548 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
| Kuwait (%) | -11.726 Sep 2023 | quarterly | Mar 2011 - Sep 2023 |
| Kyrgyzstan (%) | 18.207 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Laos (%) | 16.562 2022 | yearly | 1985 - 2022 |
| Latvia (%) | 2.961 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Lebanon (%) | 19.333 2020 | yearly | 1998 - 2020 |
| Lithuania (%) | 4.718 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Luxembourg (%) | 1.823 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Macau SAR, China (%) | 99.802 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| North Macedonia (%) | 7.165 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Malawi (%) | 10.386 2021 | yearly | 2003 - 2021 |
| Malaysia (%) | 1.911 Dec 2023 | quarterly | Mar 1992 - Dec 2023 |
| Malta (%) | 9.267 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Mauritius (%) | 13.075 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Mexico (%) | 8.034 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Moldova (%) | 11.277 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Mongolia (%) | 24.672 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Montenegro (%) | 10.574 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
| Morocco (%) | 6.729 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Mozambique (%) | 11.040 2022 | yearly | 1964 - 2022 |
| Nepal (%) | 9.073 2023 | yearly | 2002 - 2023 |
| Netherlands (%) | 6.236 Dec 2023 | quarterly | Mar 1989 - Dec 2023 |
| New Zealand (%) | 3.784 Dec 2023 | quarterly | Jun 1988 - Dec 2023 |
| Nigeria (%) | 16.080 Sep 2023 | quarterly | Mar 2011 - Sep 2023 |
| Norway (%) | -3.659 Dec 2023 | quarterly | Mar 1979 - Dec 2023 |
| Oman (%) | -1.973 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| Pakistan (%) | 19.992 2022 | yearly | 2001 - 2022 |
| Palestinian Territory (%) | -30.860 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Panama (%) | 7.326 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Paraguay (%) | 5.865 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Peru (%) | 5.953 Dec 2022 | quarterly | Mar 1991 - Dec 2022 |
| Philippines (%) | 9.280 Dec 2023 | quarterly | Mar 1982 - Dec 2023 |
| Poland (%) | 6.938 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Portugal (%) | 10.841 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Qatar (%) | -15.018 Jun 2023 | quarterly | Mar 2012 - Jun 2023 |
| Romania (%) | 14.314 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Russia (%) | 19.473 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Saudi Arabia (%) | -0.728 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| Serbia (%) | 12.351 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| Singapore (%) | 2.511 Dec 2023 | quarterly | Mar 1976 - Dec 2023 |
| Slovakia (%) | 12.310 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Slovenia (%) | 11.395 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| South Africa (%) | 5.946 Dec 2023 | quarterly | Mar 1961 - Dec 2023 |
| Spain (%) | 7.081 Dec 2023 | quarterly | Mar 1971 - Dec 2023 |
| Sri Lanka (%) | 11.992 Dec 2023 | quarterly | Mar 2003 - Dec 2023 |
| Sudan (%) | 103.797 2020 | yearly | 1961 - 2020 |
| Sweden (%) | 3.373 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
| Switzerland (%) | 4.113 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Syria (%) | 50.215 2021 | yearly | 1971 - 2021 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -4.6 Jun 2023 | quarterly | Dec 2008 - Jun 2023 |
| Consolidated Fiscal Balance (USD mn) | 239.230 Jun 2023 | monthly | Jan 2008 - Jun 2023 |
| Tax Revenue (USD mn) | 1,009.808 Jun 2023 | monthly | Jan 2008 - Jun 2023 |
| Tax Revenue: % of GDP (%) | 13.9 Jun 2022 | quarterly | Mar 2008 - Jun 2022 |
| Government Debt: % of GDP (%) | 70.7 2022 | yearly | 2006 - 2022 |
| Forecast: Government Expenditure (GHS bn) | 422.653 2029 | yearly | 1980 - 2029 |
| Forecast: Government Net Debt (GHS bn) | 1,247.210 2028 | yearly | 1990 - 2028 |
| Forecast: Government Revenue (GHS bn) | 355.914 2029 | yearly | 1982 - 2029 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 4.394 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 112.7 Aug 2023 | monthly | Mar 2005 - Aug 2023 |
| Total Exports (USD mn) | 1,290.0 Aug 2023 | monthly | Jan 2010 - Aug 2023 |
| Total Exports Growth (%) | -12.8 Aug 2023 | monthly | Jan 2011 - Aug 2023 |
| Aluminum: Exports (USD th) | 124,996.968 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 7,139.214 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 1,273.109 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 1,177.3 Aug 2023 | monthly | Mar 2005 - Aug 2023 |
| Total Imports Growth (%) | -11.1 Aug 2023 | monthly | Mar 2006 - Aug 2023 |
| Imports: Medicament (USD th) | 204,070.187 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 67,696.289 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 34.409 Jan 2024 | monthly | Feb 1985 - Jan 2024 |
| Total Imports from USA (USD mn) | 122.691 Jan 2024 | monthly | Jun 1995 - Jan 2024 |
| Total Exports to China (USD mn) | 492.309 Jan 2024 | monthly | May 1995 - Jan 2024 |
| Total Imports from China (USD mn) | 169.928 Jan 2024 | monthly | Jun 1986 - Jan 2024 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 24.6 Feb 2024 | monthly | Dec 2005 - Feb 2024 |
| Non-Performing Loans (USD mn) | 1,243.949 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
| Money Supply M1 (USD mn) | 10,251.243 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
| Money Supply M2 (USD mn) | 15,608.260 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
| M2 Growth (%) | 37.2 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| Foreign Exchange Reserves (USD mn) | 3,368.9 Jan 2024 | monthly | Jan 1965 - Jan 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 3.309 Sep 2023 | quarterly | Dec 2006 - Sep 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.3 Aug 2023 | monthly | Mar 2005 - Aug 2023 |
| Gold Reserves (Metric Ton) | 1,000.000 2023 | yearly | 2008 - 2023 |
| Total Deposits (USD mn) | 17,864.204 Jan 2024 | monthly | Jan 1999 - Jan 2024 |
| Total Deposits Growth (%) | 26.0 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
| Domestic Credit (USD mn) | 19,989.0 Dec 2023 | monthly | Jan 1967 - Dec 2023 |
| Domestic Credit Growth (%) | -0.4 Dec 2023 | monthly | Jan 1968 - Dec 2023 |
| Total Loans (USD mn) | 6,482.295 Dec 2023 | monthly | Jan 1999 - Dec 2023 |
| Total Loans Growth (%) | 10.01 Dec 2023 | monthly | Jan 2000 - Dec 2023 |
| Private Debt: % of Nominal GDP (%) | 9.23 Sep 2023 | quarterly | Dec 2013 - Sep 2023 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (%) | 22.8 Feb 2024 | monthly | Dec 2013 - Feb 2024 |
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