GDP growth (annual %) (UNESCO Institute) in Ghana
Ghana: GDP growth (annual %) (UNESCO Institute) was 5.7% in 2024. ◆ Volatile
GDP growth in Ghana, 1970–2024
Source: UNESCO Institute for Statistics. Measured in annual %.
Analysis
Ghana recorded 5.7% for gdp growth in 2024.
That represents a change of up 81.0% on the previous year and up 99.0% over ten years.
Over the whole period, gdp growth in Ghana peaked at 14.0% in 2011 and was at its lowest, -12.4%, in 1975.
Ghana ranks 29th of 212 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth (annual %) (UNESCO Institute) in Ghana, year by year
| Year | annual % | Change |
|---|---|---|
| 1970 | 9.7% | — |
| 1971 | 5.2% | -46.4% |
| 1972 | -2.5% | -147.7% |
| 1973 | 2.9% | -216.0% |
| 1974 | 6.9% | +137.6% |
| 1975 | -12.4% | -281.4% |
| 1976 | -3.5% | -71.6% |
| 1977 | 2.3% | -164.4% |
| 1978 | 8.5% | +272.7% |
| 1979 | -2.5% | -129.7% |
| 1980 | 0.5% | -118.8% |
| 1981 | -3.5% | -842.6% |
| 1982 | -6.9% | +97.6% |
| 1983 | -4.6% | -34.1% |
| 1984 | 8.6% | -289.5% |
| 1985 | 5.1% | -41.1% |
| 1986 | 5.2% | +2.1% |
| 1987 | 4.8% | -7.8% |
| 1988 | 5.6% | +17.4% |
| 1989 | 5.1% | -9.6% |
| 1990 | 3.3% | -34.5% |
| 1991 | 5.3% | +58.7% |
| 1992 | 3.9% | -26.6% |
| 1993 | 4.8% | +25.0% |
| 1994 | 3.3% | -32.0% |
| 1995 | 4.1% | +24.6% |
| 1996 | 4.6% | +11.9% |
| 1997 | 4.2% | -8.8% |
| 1998 | 4.7% | +12.0% |
| 1999 | 4.4% | -6.4% |
| 2000 | 3.7% | -15.9% |
| 2001 | 4.0% | +8.1% |
| 2002 | 4.5% | +12.5% |
| 2003 | 5.2% | +15.6% |
| 2004 | 5.6% | +7.7% |
| 2005 | 5.9% | +5.4% |
| 2006 | 6.4% | +8.5% |
| 2007 | 4.3% | -32.1% |
| 2008 | 9.1% | +110.5% |
| 2009 | 4.8% | -47.1% |
| 2010 | 7.9% | +63.1% |
| 2011 | 14.0% | +77.8% |
| 2012 | 9.3% | -33.8% |
| 2013 | 7.3% | -21.3% |
| 2014 | 2.9% | -60.9% |
| 2015 | 2.1% | -25.7% |
| 2016 | 3.4% | +59.1% |
| 2017 | 8.1% | +141.0% |
| 2018 | 6.2% | -23.7% |
| 2019 | 6.5% | +5.0% |
| 2020 | 0.5% | -92.1% |
| 2021 | 5.1% | +887.8% |
| 2022 | 3.8% | -25.0% |
| 2023 | 3.1% | -17.5% |
| 2024 | 5.7% | +81.0% |
Ghana compared with similar countries
- Ghana's 5.7% is above the median for lower middle income countries, which is 3.7%, 1.5× the median. (47 countries reporting)
- Ghana's 5.7% is above the median for Sub-Saharan Africa, which is 4.1%, 1.4× the median. (48 countries reporting)
Biggest year-on-year movements
Years where GDP growth (annual %) (UNESCO Institute) 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 |
|---|---|---|---|
| 2021 | +887.8% | 0.5% | 5.1% |
| 1981 | -842.6% | 0.5% | -3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.4% | -12.4% | 9.7% | 10 |
| 1980s | 2.0% | -6.9% | 8.6% | 10 |
| 1990s | 4.3% | 3.3% | 5.3% | 10 |
| 2000s | 5.4% | 3.7% | 9.1% | 10 |
| 2010s | 6.8% | 2.1% | 14.0% | 10 |
| 2020s | 3.6% | 0.5% | 5.7% | 5 |
Countries ranked near Ghana
More population data for Ghana
- Population regions with projections, annual growth rate 0.1514 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -1.09 % change on previous year (2050)
- Population long run with projections, annual growth rate 0.1514 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.2469 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 52,232 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 1.76 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.5066 % change on previous year (2100)
- Population growth rate 0.141 (2100)
- Population density 296.87 (2100)
- Projected population under age 5 4.28 million (2100)
Frequently asked questions
- What is gdp growth in Ghana?
- Gdp growth in Ghana was 5.7% in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp growth recorded in Ghana?
- The highest recorded value was 14.0% in 2011.
- What is the lowest gdp growth recorded in Ghana?
- The lowest recorded value was -12.4% in 1975.
- How does Ghana rank for gdp growth?
- Ghana ranks 29th out of 212 countries with data for 2024.
- Is gdp growth rising or falling in Ghana?
- Over the last ten years it is up 99.0%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release