Ghana GDP Growth Rate  2006-2017 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Ghana expanded 1.10 percent in the fourth quarter of 2016 over the previous quarter. GDP Growth Rate in Ghana averaged 1.81 percent from 2006 until 2016, reaching an all time high of 7.40 percent in the first quarter of 2011 and a record low of -2.20 percent in the fourth quarter of 2008.

Ghana GDP Growth Rate
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Ghana GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.10 1.10 7.40 -2.20 percent [+]
GDP Annual Growth Rate 4.10 3.90 25.00 -3.80 percent [+]
GDP 37.54 38.61 47.80 1.20 USD Billion [+]
GDP Constant Prices 9003.90 8904.40 130410.40 4269.40 GHS Million [+]
Gross Fixed Capital Formation 23010.02 33043.93 33043.93 4047.00 GHS Million [+]
GDP per capita 1696.64 1670.68 1696.64 701.53 USD [+]
GDP per capita PPP 3954.52 3894.00 3954.52 1919.60 USD [+]
GDP From Agriculture 7790.18 7567.00 7790.18 5322.00 GHS Million [+]
GDP From Construction 3036.96 2950.00 3036.96 1016.30 GHS Million [+]
GDP From Manufacturing 2451.89 2387.00 2451.89 1801.30 [+]
GDP From Mining 2375.07 2661.00 2834.00 497.40 GHS Million [+]
GDP From Services 18746.84 17734.00 18746.84 8690.40 GHS Million [+]
GDP From Transport 3837.80 3754.00 3837.80 2357.20 GHS Million [+]
GDP From Utilities 308.38 319.00 319.00 224.40 GHS Million [+]


Ghana GDP Growth Rate Notes

Ghana's has one of the highest GDP per capita in West Africa. The country has a diverse and rich resource base with gold, timber, cocoa, diamond, bauxite, and manganese being the most important source of foreign trade. In 2007, an oilfield which may contain up to 3 billion barrels of light oil was discovered. Yet, in spite of abundance of natural resources, a quarter of the population lives below the poverty line. This page provides the latest reported value for - Ghana GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ghana GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.10 1.10 7.40 -2.20 2006 - 2016 percent Quarterly



gdp growth rate by Country

Last
Turkey 3.80 Dec/16
India 1.60 Dec/16
China 1.30 Mar/17
United States 1.20 Mar/17
Australia 1.10 Dec/16
South Korea 0.90 Mar/17
Spain 0.80 Mar/17
Mexico 0.70 Mar/17
Canada 0.60 Dec/16
Germany 0.60 Mar/17
Euro Area 0.50 Mar/17
Japan 0.50 Mar/17
Netherlands 0.40 Mar/17
France 0.30 Mar/17
Italy 0.20 Mar/17
United Kingdom 0.20 Mar/17
Switzerland 0.10 Dec/16
Indonesia -0.34 Mar/17
Russia -0.57 Sep/15
Brazil -0.90 Dec/16