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.

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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

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gdp growth rate by Country

	Last		Previous	Highest	Lowest
Turkey	3.80	Dec/16	-2.1	5.6	-5.4	%	Quarterly
India	1.60	Dec/16	1.8	5.8	-1.8	%	Quarterly
China	1.30	Mar/17	1.7	2.4	1.3	%	Quarterly
United States	1.20	Mar/17	2.1	16.9	-10	%	Quarterly
Australia	1.10	Dec/16	-0.5	4.4	-2.1	%	Quarterly
South Korea	0.90	Mar/17	0.5	7.8	-7	%	Quarterly
Spain	0.80	Mar/17	0.7	1.6	-1.6	%	Quarterly
Mexico	0.70	Mar/17	0.7	2.8	-6.2	%	Quarterly
Canada	0.60	Dec/16	0.9	3.33	-2.3	%	Quarterly
Germany	0.60	Mar/17	0.4	4	-4.5	%	Quarterly
Euro Area	0.50	Mar/17	0.5	1.3	-3	%	Quarterly
Japan	0.50	Mar/17	0.3	3.2	-4.8	%	Quarterly
Netherlands	0.40	Mar/17	0.6	1.7	-3.2	%	Quarterly
France	0.30	Mar/17	0.5	7.7	-5	%	Quarterly
Italy	0.20	Mar/17	0.2	6	-2.9	%	Quarterly
United Kingdom	0.20	Mar/17	0.7	5	-2.7	%	Quarterly
Switzerland	0.10	Dec/16	0.1	2.1	-1.9	%	Quarterly
Indonesia	-0.34	Mar/17	-1.77	4.01	-3.57	%	Quarterly
Russia	-0.57	Sep/15	-1.31	4.1	-5.4	%	Quarterly
Brazil	-0.90	Dec/16	-0.7	4	-3.8	%	Quarterly