Ghana Real GDP Growth

Key information about Ghana Real GDP Growth

• The Gross Domestic Product (GDP) in Ghana expanded 1.6 % YoY in Jun 2024, following a growth of 1.2 % in the previous quarter.
• Real GDP Growth YoY data in Ghana is updated quarterly, available from Jun 2006 to Jun 2024, 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 17.9 USD bn in Jun 2024.
• Its GDP deflator (implicit price deflator) increased 20.7 % in Jun 2024.
• GDP Per Capita in Ghana 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 Real GDP Growth from Jun 2006 to Jun 2024 in the chart:

What was Ghana's Real GDP Growth in Jun 2024?

The Gross Domestic Product (GDP) in Ghana expanded 1.6 % YoY in Jun 2024, following a growth of 1.2 % in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
1.6 Jun 2024	1.2 Mar 2024	-1.8 Dec 2008	7.4 Mar 2011	%	quarterly	Jun 2006 - Jun 2024

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