Ghana Nominal GDP Growth
2007 - 2024 | Quarterly | % | CEIC Data
Key information about Ghana Nominal GDP Growth
- Ghana Nominal GDP Growth was reported at 30.729 % in Sep 2024.
- This records an increase from the previous number of 29.182 % for Jun 2024.
- Ghana Nominal GDP Growth data is updated quarterly, averaging 20.934 % from Mar 2007 to Sep 2024, with 71 observations.
- The data reached an all-time high of 48.516 % 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.
View Ghana's Nominal GDP Growth from Mar 2007 to Sep 2024 in the chart:
What was Ghana's Nominal GDP Growth in Sep 2024?
Ghana Nominal GDP Growth was reported at 30.729 % in Sep 2024. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 30.729 Sep 2024 | 29.182 Jun 2024 | 2.632 Sep 2015 | 48.516 Mar 2023 | % | quarterly | Mar 2007 - Sep 2024 |
Nominal GDP Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 6.526 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| Algeria (%) | 3.990 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Argentina (%) | 208.098 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Armenia (%) | 5.482 Dec 2024 | quarterly | Dec 1995 - Dec 2024 |
| Australia (%) | 3.547 Sep 2024 | quarterly | Sep 1960 - Sep 2024 |
| Austria (%) | 1.603 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Azerbaijan (%) | 5.817 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| Bahrain (%) | -0.880 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Bangladesh (%) | 11.397 2024 | yearly | 2007 - 2024 |
| Belarus (%) | 13.274 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Belgium (%) | 3.387 Sep 2024 | quarterly | Mar 1981 - Sep 2024 |
| Bolivia (%) | 6.158 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| Bosnia and Herzegovina (%) | 1.927 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| Botswana (%) | 0.082 Sep 2024 | quarterly | Sep 1994 - Sep 2024 |
| Brazil (%) | 9.591 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| Brunei (%) | 1.005 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Bulgaria (%) | 7.546 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Cambodia (%) | 8.798 2022 | yearly | 1994 - 2022 |
| Canada (%) | 4.311 Sep 2024 | quarterly | Mar 1958 - Sep 2024 |
| Chile (%) | 9.139 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| China (%) | 4.619 Dec 2024 | quarterly | Mar 1993 - Dec 2024 |
| Colombia (%) | 10.746 Dec 2024 | quarterly | Mar 2001 - Dec 2024 |
| Croatia (%) | 8.770 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Cyprus (%) | 5.691 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Czech Republic (%) | 5.594 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Denmark (%) | 9.999 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| Ecuador (%) | 2.842 Sep 2024 | quarterly | Mar 1992 - Sep 2024 |
| Egypt (%) | 37.605 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
| Estonia (%) | 3.955 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| European Union (%) | 4.304 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Finland (%) | 2.813 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| France (%) | 2.432 Dec 2024 | quarterly | Mar 1950 - Dec 2024 |
| Georgia (%) | 15.756 Sep 2024 | quarterly | Mar 1997 - Sep 2024 |
| Germany (%) | 2.271 Dec 2024 | quarterly | Mar 1961 - Dec 2024 |
| Ghana (%) | 30.729 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| Greece (%) | 5.660 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Hong Kong SAR, China (%) | 5.347 Dec 2024 | quarterly | Mar 1974 - Dec 2024 |
| Hungary (%) | 6.245 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Iceland (%) | 8.481 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| India (%) | 9.912 Dec 2024 | quarterly | Jun 1997 - Dec 2024 |
| Indonesia (%) | 7.020 Dec 2024 | quarterly | Mar 1994 - Dec 2024 |
| Iran (%) | 35.070 Mar 2024 | quarterly | Jun 1989 - Mar 2024 |
| Ireland (%) | -1.208 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Israel (%) | 12.242 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Italy (%) | 4.543 Sep 2024 | quarterly | Mar 1981 - Sep 2024 |
| Ivory Coast (%) | 681.695 Mar 2023 | quarterly | Mar 1998 - Mar 2023 |
| Japan (%) | 4.112 Dec 2024 | quarterly | Mar 1981 - Dec 2024 |
| Jordan (%) | 4.600 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Kazakhstan (%) | 15.632 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Kenya (%) | 8.271 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
| South Korea (%) | 4.972 Sep 2024 | quarterly | Mar 1961 - Sep 2024 |
| Kosovo (%) | 6.248 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
| Kuwait (%) | 3.246 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Kyrgyzstan (%) | 31.765 Dec 2024 | quarterly | Mar 2001 - Dec 2024 |
| Laos (%) | 23.128 2023 | yearly | 1985 - 2023 |
| Latvia (%) | 2.787 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Lebanon (%) | 19.333 2020 | yearly | 1998 - 2020 |
| Lithuania (%) | 5.808 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Luxembourg (%) | 4.729 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Macau SAR, China (%) | 2.983 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
| North Macedonia (%) | 6.209 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Malawi (%) | 31.544 2023 | yearly | 2003 - 2023 |
| Malaysia (%) | 5.497 Dec 2024 | quarterly | Mar 1992 - Dec 2024 |
| Malta (%) | 5.660 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Mauritius (%) | 9.785 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Mexico (%) | 6.870 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Moldova (%) | 12.961 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Mongolia (%) | 7.942 Dec 2024 | quarterly | Mar 2001 - Dec 2024 |
| Montenegro (%) | 7.679 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Morocco (%) | 5.964 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Mozambique (%) | 11.026 2023 | yearly | 1964 - 2023 |
| Nepal (%) | 6.662 2024 | yearly | 2002 - 2024 |
| Netherlands (%) | 6.420 Dec 2024 | quarterly | Mar 1989 - Dec 2024 |
| New Zealand (%) | 1.644 Sep 2024 | quarterly | Jun 1988 - Sep 2024 |
| Nigeria (%) | 18.914 Dec 2024 | quarterly | Mar 2011 - Dec 2024 |
| Norway (%) | 2.150 Dec 2024 | quarterly | Mar 1979 - Dec 2024 |
| Oman (%) | 3.409 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| Pakistan (%) | 25.810 2024 | yearly | 2001 - 2024 |
| Palestinian Territory (%) | -26.929 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Panama (%) | 2.051 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Paraguay (%) | 6.257 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Peru (%) | 5.953 Dec 2022 | quarterly | Mar 1991 - Dec 2022 |
| Philippines (%) | 7.442 Dec 2024 | quarterly | Mar 1982 - Dec 2024 |
| Poland (%) | 7.752 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Portugal (%) | 10.841 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Qatar (%) | 1.759 Sep 2024 | quarterly | Mar 2012 - Sep 2024 |
| Romania (%) | 10.246 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Russia (%) | 19.527 Mar 2024 | quarterly | Mar 1994 - Mar 2024 |
| Saudi Arabia (%) | 1.031 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Serbia (%) | 8.792 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Singapore (%) | 6.963 Dec 2024 | quarterly | Mar 1976 - Dec 2024 |
| Slovakia (%) | 4.392 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Slovenia (%) | 3.637 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| South Africa (%) | 4.400 Sep 2024 | quarterly | Mar 1961 - Sep 2024 |
| Spain (%) | 5.880 Dec 2024 | quarterly | Mar 1971 - Dec 2024 |
| Sri Lanka (%) | 8.262 Sep 2024 | quarterly | Mar 2003 - Sep 2024 |
| Sudan (%) | 103.797 2020 | yearly | 1961 - 2020 |
| Sweden (%) | 4.155 Dec 2024 | quarterly | Mar 1981 - Dec 2024 |
| Switzerland (%) | 4.113 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Syria (%) | 113.698 2022 | yearly | 1971 - 2022 |
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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) | -305.559 Jun 2024 | monthly | Jan 2008 - Jun 2024 |
| Tax Revenue (USD mn) | 776.359 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) | 542.1 Oct 2024 | monthly | Mar 2005 - Oct 2024 |
| Total Exports (USD mn) | 1,842.1 Oct 2024 | monthly | Jan 2010 - Oct 2024 |
| Total Exports Growth (%) | 19.0 Oct 2024 | monthly | Jan 2011 - Oct 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) | 1,300.0 Oct 2024 | monthly | Mar 2005 - Oct 2024 |
| Total Imports Growth (%) | 2.3 Oct 2024 | monthly | Mar 2006 - Oct 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) | 40.580 Oct 2024 | monthly | Feb 1985 - Oct 2024 |
| Total Imports from USA (USD mn) | 98.074 Oct 2024 | monthly | Jun 1995 - Oct 2024 |
| Total Exports to China (USD mn) | 129.865 Oct 2024 | monthly | May 1995 - Oct 2024 |
| Total Imports from China (USD mn) | 388.099 Oct 2024 | monthly | Jun 1986 - Oct 2024 |
| Export Volume Index (2015=100) | 97.296 2021 | yearly | 1980 - 2021 |
| Export Value Index (2015=100) | 142.693 2021 | yearly | 1980 - 2021 |
| Import Volume Index (2015=100) | 84.815 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 101.215 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) | 9,768.702 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
| Money Supply M2 (USD mn) | 14,509.715 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
| M2 Growth (%) | 44.5 Sep 2024 | quarterly | Mar 1991 - Sep 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 2024 | yearly | 2008 - 2024 |
| Total Deposits (USD mn) | 16,798.963 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Total Deposits Growth (%) | 38.9 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
| Domestic Credit (USD mn) | 18,658.7 Nov 2024 | monthly | Jan 1967 - Nov 2024 |
| Domestic Credit Growth (%) | 18.8 Nov 2024 | monthly | Jan 1968 - Nov 2024 |
| Total Loans (USD mn) | 5,796.138 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Total Loans Growth (%) | 28.50 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
| Private Debt: % of Nominal GDP (%) | 8.99 Sep 2024 | quarterly | Dec 2006 - Sep 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (%) | 14.4 Aug 2024 | monthly | Dec 2013 - Aug 2024 |
More Indicators for Ghana
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