Ghana Labour Productivity Growth
Key information about Ghana Labour Productivity Growth
- Ghana Labour Productivity improved by 0.65 % YoY in Dec 2023, compared with a growth of 0.32 % in the previous year
- Ghana Labour Productivity Growth data is updated yearly, available from Dec 1992 to Dec 2023, averaging at 2.45 %
- The data reached an all-time high of 10.39 % in Dec 2011 and a record low of -0.85 % in Dec 2016
CEIC calculates annual Labour Productivity Growth from annual GDP per person employed. The World Bank provides GDP per person employed in International dollars. Purchasing power parity (PPP) GDP is used which is GDP converted to 2021 constant international dollars using PPP rates.
Further information about Ghana Labour Productivity Growth
- In the latest reports, Ghana Population reached 31.07 Person mn in Dec 2020
- Its Unemployment Rate increased to 3.56 % in Dec 2023
- Monthly Earnings of Ghana stood at 242.01 USD in Dec 2015
- The country's Labour Force Participation Rate dropped to 68.82 % in Dec 2023
View Ghana's Labour Productivity Growth from 1992 to 2023 in the chart:
What was Ghana's Labour Productivity Growth in 2023?
Ghana Labour Productivity improved by 0.65 % YoY in Dec 2023, compared with a growth of 0.32 % in the previous year See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
0.65 2023 | 0.32 2022 | -0.85 2016 | 10.39 2011 | % | yearly | 1992 - 2023 |
Labour Productivity Growth by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 1.59 Jun 2023 | quarterly | Mar 2010 - Jun 2023 |
Algeria (%) | 0.71 2023 | yearly | 1992 - 2023 |
Argentina (%) | -4.29 2023 | yearly | 1992 - 2023 |
Armenia (%) | 8.23 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
Australia (%) | -1.38 Jun 2024 | quarterly | Jun 1979 - Jun 2024 |
Austria (%) | -0.77 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
Azerbaijan (%) | 3.27 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
Bahrain (%) | -4.05 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
Bangladesh (%) | 4.20 2023 | yearly | 1992 - 2023 |
Belarus (%) | 5.31 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
Belgium (%) | -0.06 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Bolivia (%) | 0.41 2023 | yearly | 2000 - 2023 |
Bosnia and Herzegovina (%) | -0.81 2023 | yearly | 2007 - 2023 |
Botswana (%) | 7.29 Dec 2022 | quarterly | Sep 2008 - Dec 2022 |
Brazil (%) | 1.52 2023 | yearly | 1992 - 2023 |
Brunei (%) | -1.49 2023 | yearly | 1992 - 2023 |
Bulgaria (%) | 0.56 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
Cambodia (%) | 1.04 2021 | yearly | 2008 - 2021 |
Canada (%) | -1.26 Jun 2024 | quarterly | Mar 1977 - Jun 2024 |
Chile (%) | -0.25 Sep 2024 | quarterly | Mar 1987 - Sep 2024 |
China (%) | 4.27 2023 | yearly | 1953 - 2023 |
Colombia (%) | 1.45 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
Croatia (%) | -1.92 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
Cyprus (%) | 2.58 Jun 2024 | quarterly | Jun 2005 - Jun 2024 |
Czech Republic (%) | -1.09 Jun 2024 | quarterly | Mar 1997 - Jun 2024 |
Denmark (%) | 3.38 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
Ecuador (%) | 0.24 2022 | yearly | 1992 - 2022 |
Egypt (%) | 0.46 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
Estonia (%) | -4.05 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
European Union (%) | -0.08 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
Finland (%) | 0.50 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
France (%) | -0.13 2023 | yearly | 1979 - 2023 |
Georgia (%) | 3.38 2023 | yearly | 1997 - 2023 |
Germany (%) | -0.01 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
Ghana (%) | 0.65 2023 | yearly | 1992 - 2023 |
Greece (%) | 1.73 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Hong Kong SAR, China (%) | 2.22 Sep 2024 | quarterly | Dec 1982 - Sep 2024 |
Hungary (%) | 1.27 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
Iceland (%) | -4.90 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
India (%) | 2.38 2022 | yearly | 1992 - 2022 |
Indonesia (%) | 1.63 2023 | yearly | 2001 - 2023 |
Iran (%) | 3.00 2023 | yearly | 1992 - 2023 |
Ireland (%) | -6.54 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
Israel (%) | -2.24 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
Italy (%) | -0.20 Jun 2024 | quarterly | Mar 1997 - Jun 2024 |
Ivory Coast (%) | 3.12 2023 | yearly | 1992 - 2023 |
Japan (%) | -0.12 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Jordan (%) | 1.17 2021 | yearly | 2001 - 2021 |
Kazakhstan (%) | 3.91 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
Kenya (%) | 2.70 2022 | yearly | 2011 - 2022 |
South Korea (%) | 0.98 Sep 2024 | quarterly | Sep 1983 - Sep 2024 |
Kosovo (%) | -6.22 Dec 2023 | quarterly | Mar 2017 - Dec 2023 |
Kuwait (%) | 1.60 2018 | yearly | 1992 - 2018 |
Kyrgyzstan (%) | 3.15 2023 | yearly | 1993 - 2023 |
Laos (%) | 1.51 2023 | yearly | 1992 - 2023 |
Latvia (%) | 0.11 Jun 2024 | quarterly | Mar 2003 - Jun 2024 |
Lebanon (%) | 2.12 2023 | yearly | 1992 - 2023 |
Lithuania (%) | -0.17 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Luxembourg (%) | -0.56 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Macau SAR, China (%) | 1.89 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
North Macedonia (%) | 1.97 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
Malawi (%) | -2.12 2023 | yearly | 1992 - 2023 |
Malaysia (%) | 2.41 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
Malta (%) | -1.72 Jun 2024 | quarterly | Dec 2001 - Jun 2024 |
Mauritius (%) | 33.41 Mar 2024 | quarterly | Mar 2005 - Mar 2024 |
Mexico (%) | 0.70 Jun 2024 | quarterly | Jun 1996 - Jun 2024 |
Moldova (%) | 6.48 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
Mongolia (%) | -1.37 Jun 2024 | quarterly | Sep 2007 - Jun 2024 |
Montenegro (%) | 1.43 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
Morocco (%) | 4.95 2023 | yearly | 2000 - 2023 |
Mozambique (%) | 1.44 2023 | yearly | 1992 - 2023 |
Myanmar (%) | 63.00 2021 | yearly | 1992 - 2021 |
Nepal (%) | -0.24 2023 | yearly | 1992 - 2023 |
Netherlands (%) | 0.82 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
New Zealand (%) | -0.18 Jun 2024 | quarterly | Jun 1988 - Jun 2024 |
Nigeria (%) | 1.14 Sep 2018 | quarterly | Mar 2013 - Sep 2018 |
Norway (%) | 3.63 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Oman (%) | -4.24 2023 | yearly | 1999 - 2023 |
Pakistan (%) | -1.23 2019 | yearly | 2001 - 2019 |
Palestinian Territory (%) | 1.78 Sep 2023 | quarterly | Dec 2009 - Sep 2023 |
Panama (%) | 4.33 2023 | yearly | 1992 - 2023 |
Paraguay (%) | 6.19 Jun 2024 | quarterly | Mar 2018 - Jun 2024 |
Peru (%) | -1.00 2022 | yearly | 2002 - 2022 |
Philippines (%) | 1.98 2023 | yearly | 1992 - 2023 |
Poland (%) | 4.86 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
Portugal (%) | 0.41 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Qatar (%) | -1.09 2023 | yearly | 2012 - 2023 |
Romania (%) | -2.74 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Russia (%) | 3.11 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Saudi Arabia (%) | -3.93 2022 | yearly | 1971 - 2022 |
Serbia (%) | 3.25 Mar 2024 | quarterly | Mar 2015 - Mar 2024 |
Singapore (%) | 1.50 Jun 2024 | quarterly | Mar 1986 - Jun 2024 |
Slovakia (%) | 1.62 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Slovenia (%) | 1.49 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
South Africa (%) | -1.50 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
Spain (%) | 1.45 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Sri Lanka (%) | 5.03 Jun 2024 | quarterly | Jun 2013 - Jun 2024 |
Sudan (%) | 3.26 2010 | yearly | 1996 - 2010 |
Sweden (%) | 1.51 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
Switzerland (%) | 1.46 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
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Learn more about what we doGhana Key Series
Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -3.5 Jun 2024 | quarterly | Dec 2008 - Jun 2024 |
Consolidated Fiscal Balance (USD mn) | -305.529 Jun 2024 | monthly | Jan 2008 - Jun 2024 |
Tax Revenue (USD mn) | 776.284 Jun 2024 | monthly | Jan 2008 - Jun 2024 |
Tax Revenue: % of GDP (%) | 13.9 Jun 2022 | quarterly | Mar 2008 - Jun 2022 |
Government Debt: % of GDP (%) | 72.3 2023 | yearly | 2006 - 2023 |
Forecast: Government Expenditure (GHS bn) | 408.854 2029 | yearly | 1980 - 2029 |
Forecast: Government Net Debt (GHS bn) | 1,296.452 2029 | yearly | 1990 - 2029 |
Forecast: Government Revenue (GHS bn) | 349.498 2029 | yearly | 1982 - 2029 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 4.394 2028 | yearly | 1980 - 2028 |
Trade Balance (USD mn) | 659.7 Aug 2024 | monthly | Mar 2005 - Aug 2024 |
Total Exports (USD mn) | 1,890.3 Aug 2024 | monthly | Jan 2010 - Aug 2024 |
Total Exports Growth (%) | 52.8 Aug 2024 | monthly | Jan 2011 - Aug 2024 |
Aluminum: Exports (USD th) | 103,616.725 2023 | yearly | 1995 - 2023 |
Exports: Medicament (USD th) | 11,448.519 2023 | yearly | 1995 - 2023 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 382.361 2023 | yearly | 1995 - 2023 |
Total Imports (USD mn) | 1,230.6 Aug 2024 | monthly | Mar 2005 - Aug 2024 |
Total Imports Growth (%) | 5.9 Aug 2024 | monthly | Mar 2006 - Aug 2024 |
Imports: Medicament (USD th) | 158,976.676 2023 | yearly | 1995 - 2023 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 83,941.840 2023 | yearly | 1995 - 2023 |
Total Exports to USA (USD mn) | 45.264 Jul 2024 | monthly | Feb 1985 - Jul 2024 |
Total Imports from USA (USD mn) | 78.783 Jul 2024 | monthly | Jun 1995 - Jul 2024 |
Total Exports to China (USD mn) | 144.855 Jul 2024 | monthly | May 1995 - Jul 2024 |
Total Imports from China (USD mn) | 311.759 Jul 2024 | monthly | Jun 1986 - Jul 2024 |
Export Value Index (2015=100) | 142.693 2021 | yearly | 1980 - 2021 |
Export Volume Index (2015=100) | 97.296 2021 | yearly | 1980 - 2021 |
Import Value Index (2015=100) | 101.215 2021 | yearly | 1980 - 2021 |
Import Volume Index (2015=100) | 84.815 2021 | yearly | 1980 - 2021 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 24.3 Aug 2024 | monthly | Dec 2005 - Aug 2024 |
Non-Performing Loans (USD mn) | 1,397.674 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
Money Supply M1 (USD mn) | 9,298.488 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
Money Supply M2 (USD mn) | 13,953.808 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
M2 Growth (%) | 35.6 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
Foreign Exchange Reserves (USD mn) | 3,368.9 Jan 2024 | monthly | Jan 1965 - Jan 2024 |
Foreign Exchange Reserves: % of GDP (%) | 3.820 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
Foreign Exchange Reserves: Months of Import (NA) | 2.4 Jan 2024 | monthly | Mar 2005 - Jan 2024 |
Gold Reserves (Metric Ton) | 1,000.000 2023 | yearly | 2008 - 2023 |
Total Deposits (USD mn) | 16,526.320 Aug 2024 | monthly | Jan 1999 - Aug 2024 |
Total Deposits Growth (%) | 34.0 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
Domestic Credit (USD mn) | 17,262.9 Jul 2024 | monthly | Jan 1967 - Jul 2024 |
Domestic Credit Growth (%) | -3.5 Jul 2024 | monthly | Jan 1968 - Jul 2024 |
Total Loans (USD mn) | 5,706.251 Aug 2024 | monthly | Jan 1999 - Aug 2024 |
Total Loans Growth (%) | 19.67 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
Private Debt: % of Nominal GDP (%) | 9.91 Jun 2024 | quarterly | Dec 2013 - Jun 2024 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (%) | 14.4 Aug 2024 | monthly | Dec 2013 - Aug 2024 |
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