Gross domestic product (GDP), Current prices, Fiscal year, Domestic in Ghana
Ghana: Gross domestic product (GDP), Current prices, Fiscal year, Domestic was 2.98 trillion in 2031. ◆ Volatile
Gross domestic product (GDP), Current prices, Fiscal year, Domestic in Ghana, 1980–2031
Source: International Monetary Fund.
Analysis
In 2031, gross domestic product (gdp), current prices, fiscal year, domestic in Ghana stood at 2.98 trillion. That is the highest value across all 52 years on record.
That represents a change of up 13.3% on the previous year and up 544.9% over ten years.
Over the whole period, gross domestic product (gdp), current prices, fiscal year, domestic in Ghana peaked at 2.98 trillion in 2031 and was at its lowest, 10.63 million, in 1980.
Ghana ranks 16th of 26 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Current prices, Fiscal year, Domestic in Ghana, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 10.63 million | — |
| 1981 | 16.90 million | +59.0% |
| 1982 | 19.50 million | +15.4% |
| 1983 | 43.54 million | +123.3% |
| 1984 | 64.73 million | +48.7% |
| 1985 | 86.78 million | +34.1% |
| 1986 | 134.50 million | +55.0% |
| 1987 | 195.01 million | +45.0% |
| 1988 | 274.36 million | +40.7% |
| 1989 | 370.31 million | +35.0% |
| 1990 | 518.00 million | +39.9% |
| 1991 | 654.20 million | +26.3% |
| 1992 | 771.72 million | +18.0% |
| 1993 | 942.71 million | +22.2% |
| 1994 | 1.28 billion | +36.2% |
| 1995 | 1.88 billion | +46.6% |
| 1996 | 2.72 billion | +44.5% |
| 1997 | 3.49 billion | +28.2% |
| 1998 | 4.28 billion | +22.8% |
| 1999 | 5.11 billion | +19.3% |
| 2000 | 6.73 billion | +31.7% |
| 2001 | 9.39 billion | +39.6% |
| 2002 | 12.07 billion | +28.5% |
| 2003 | 16.29 billion | +35.0% |
| 2004 | 19.57 billion | +20.1% |
| 2005 | 23.91 billion | +22.2% |
| 2006 | 28.33 billion | +18.5% |
| 2007 | 34.09 billion | +20.3% |
| 2008 | 43.47 billion | +27.5% |
| 2009 | 52.22 billion | +20.1% |
| 2010 | 64.98 billion | +24.4% |
| 2011 | 81.53 billion | +25.5% |
| 2012 | 101.75 billion | +24.8% |
| 2013 | 124.48 billion | +22.3% |
| 2014 | 158.68 billion | +27.5% |
| 2015 | 183.53 billion | +15.7% |
| 2016 | 219.59 billion | +19.7% |
| 2017 | 262.80 billion | +19.7% |
| 2018 | 308.59 billion | +17.4% |
| 2019 | 356.54 billion | +15.5% |
| 2020 | 391.94 billion | +9.9% |
| 2021 | 461.69 billion | +17.8% |
| 2022 | 614.34 billion | +33.1% |
| 2023 | 887.75 billion | +44.5% |
| 2024 | 1.18 trillion | +33.2% |
| 2025 | 1.43 trillion | +21.2% |
| 2026 | 1.60 trillion | +11.3% |
| 2027 | 1.80 trillion | +13.1% |
| 2028 | 2.05 trillion | +13.4% |
| 2029 | 2.32 trillion | +13.4% |
| 2030 | 2.63 trillion | +13.2% |
| 2031 | 2.98 trillion | +13.3% |
Ghana compared with similar countries
- Ghana's 2.98 trillion is below the median for lower middle income countries, which is 38.91 trillion, 8% of the median. (5 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), Current prices, Fiscal year, Domestic in Ghana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1983 | +123.3% | 19.50 million | 43.54 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 121.63 million | 10.63 million | 370.31 million | 10 |
| 1990s | 2.17 billion | 518.00 million | 5.11 billion | 10 |
| 2000s | 24.61 billion | 6.73 billion | 52.22 billion | 10 |
| 2010s | 186.25 billion | 64.98 billion | 356.54 billion | 10 |
| 2020s | 1.27 trillion | 391.94 billion | 2.32 trillion | 10 |
| 2030s | 2.80 trillion | 2.63 trillion | 2.98 trillion | 2 |
Countries ranked near Ghana
More public sector data for Ghana
- Arms imports 11.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.3195 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 37.5 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 11.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 7.81 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0032 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -5.83 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 268.74 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 35.16 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is gross domestic product (gdp), current prices, fiscal year, domestic in Ghana?
- Gross domestic product (gdp), current prices, fiscal year, domestic in Ghana was 2.98 trillion in 2031, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, fiscal year, domestic recorded in Ghana?
- The highest recorded value was 2.98 trillion in 2031.
- What is the lowest gross domestic product (gdp), current prices, fiscal year, domestic recorded in Ghana?
- The lowest recorded value was 10.63 million in 1980.
- How does Ghana rank for gross domestic product (gdp), current prices, fiscal year, domestic?
- Ghana ranks 16th out of 26 countries with data for 2031.
- Is gross domestic product (gdp), current prices, fiscal year, domestic rising or falling in Ghana?
- Over the last ten years it is up 544.9%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Current prices, Fiscal year, Domestic currency (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.