Ghana Nominal GDP

Key information about Ghana Nominal GDP

• Ghana Nominal GDP reached 17.9 USD bn in Jun 2024, compared with 21.9 USD bn in the previous quarter.
• Nominal GDP in Ghana is updated quarterly, available from Mar 2006 to Jun 2024, with an average number of 13.8 USD bn.
• The data reached an all-time high of 22.1 USD bn in Mar 2022 and a record low of 4.4 USD bn in Mar 2006.

CEIC converts quarterly Nominal GDP into USD. Ghana Statistical Service provides Nominal GDP in local currency based on SNA 2008. The Bank of Ghana average market exchange rate is used for currency conversions. Nominal GDP prior to Q1 2013 is based on SNA 1993.


Related information about Ghana Nominal GDP

• In the latest reports, Ghana GDP expanded 1.6 % YoY in Jun 2024.
• Its GDP deflator (implicit price deflator) increased 20.7 % in Jun 2024.
• Ghana GDP Per Capita reached 2,353.0 USD in Dec 2022.
• Its Gross Savings Rate was measured at 9.9 % in Dec 2023.
• For Nominal GDP contributions, Investment accounted for 10.8 % in Dec 2023.
• Public Consumption accounted for 5.9 % in Dec 2023.
• Private Consumption accounted for 84.2 % in Dec 2023.

View Ghana's Nominal GDP from Mar 2006 to Jun 2024 in the chart:

What was Ghana's Nominal GDP in Jun 2024?

Ghana Nominal GDP reached 17.9 USD bn in Jun 2024, compared with 21.9 USD bn in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
17,859.8 Jun 2024	21,880.4 Mar 2024	4,393.3 Mar 2006	22,121.2 Mar 2022	USD mn	quarterly	Mar 2006 - Jun 2024

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