Ghana GDP Growth Rate  2006-2016 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Ghana expanded 0.60 percent in the second quarter of 2016 over the previous quarter. GDP Growth Rate in Ghana averaged 2.01 percent from 2006 until 2016, reaching an all time high of 8.10 percent in the first quarter of 2012 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 0.60 1.10 8.10 -2.20 percent [+]
GDP Annual Growth Rate 2.50 4.80 25.00 -3.80 percent [+]
GDP 37.86 38.61 47.80 1.20 USD Billion [+]
GDP Constant Prices 8851.30 8800.30 130410.40 4410.00 GHS Million [+]
Gross Fixed Capital Formation 33043.93 29741.10 33043.93 4047.00 GHS Million [+]
GDP per capita 1696.08 1670.68 1696.08 701.53 USD [+]
GDP per capita PPP 3953.21 3894.00 3953.21 1919.60 USD [+]
GDP From Agriculture 7365.00 7362.00 7365.00 5322.00 GHS Million [+]
GDP From Construction 3772.00 2888.00 3772.00 1016.30 GHS Million [+]
GDP From Manufacturing 2288.00 2335.00 2366.00 1801.30 [+]
GDP From Mining 2727.00 2834.00 2834.00 497.40 GHS Million [+]
GDP From Services 17470.00 16679.00 17470.00 8690.40 GHS Million [+]
GDP From Transport 3416.00 3646.00 3653.00 2357.20 GHS Million [+]
GDP From Utilities 307.00 266.00 307.00 224.40 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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
0.60 1.10 8.10 -2.20 2006 - 2016 percent Quarterly



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