Ghana Nominal GDP Growth
2007 - 2024 | Quarterly | % | CEIC Data
Key information about Ghana Nominal GDP Growth
- Ghana Nominal GDP Growth was reported at 29.025 % in Jun 2024.
- This records an increase from the previous number of 26.700 % for Mar 2024.
- Ghana Nominal GDP Growth data is updated quarterly, averaging 22.024 % from Mar 2007 to Jun 2024, with 70 observations.
- The data reached an all-time high of 48.516 % in Mar 2023 and a record low of 2.632 % in Sep 2015.
- Ghana Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
- The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly.
CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. Ghana Statistical Service provides Nominal GDP in local currency, based on SNA 2008. Nominal GDP Growth prior to Q1 2014 is based on SNA 1993.
View Ghana's Nominal GDP Growth from Mar 2007 to Jun 2024 in the chart:
What was Ghana's Nominal GDP Growth in Jun 2024?
Ghana Nominal GDP Growth was reported at 29.025 % in Jun 2024. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 29.025 Jun 2024 | 26.700 Mar 2024 | 2.632 Sep 2015 | 48.516 Mar 2023 | % | quarterly | Mar 2007 - Jun 2024 |
Nominal GDP Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 7.871 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
| Algeria (%) | 6.213 Mar 2024 | quarterly | Mar 2000 - Mar 2024 |
| Argentina (%) | 250.930 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Armenia (%) | 7.035 Jun 2024 | quarterly | Dec 1995 - Jun 2024 |
| Australia (%) | 4.372 Jun 2024 | quarterly | Sep 1960 - Jun 2024 |
| Austria (%) | 1.388 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Azerbaijan (%) | 2.381 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| Bahrain (%) | 2.392 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Bangladesh (%) | 12.407 2024 | yearly | 2007 - 2024 |
| Belarus (%) | 15.793 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Belgium (%) | 4.072 Jun 2024 | quarterly | Mar 1981 - Jun 2024 |
| Bolivia (%) | 5.208 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| Bosnia and Herzegovina (%) | 2.641 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
| Botswana (%) | -2.189 Jun 2024 | quarterly | Sep 1994 - Jun 2024 |
| Brazil (%) | 8.508 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| Brunei (%) | 7.833 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Bulgaria (%) | 10.939 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Cambodia (%) | 8.798 2022 | yearly | 1994 - 2022 |
| Canada (%) | 4.866 Jun 2024 | quarterly | Mar 1958 - Jun 2024 |
| Chile (%) | 8.288 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| China (%) | 4.042 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Colombia (%) | 3.506 Mar 2024 | quarterly | Mar 2001 - Mar 2024 |
| Croatia (%) | 8.893 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Cyprus (%) | 7.754 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Czech Republic (%) | 4.815 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Denmark (%) | 3.286 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| Ecuador (%) | 3.653 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
| Egypt (%) | 35.403 Jun 2024 | quarterly | Sep 2002 - Jun 2024 |
| Estonia (%) | 2.811 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| European Union (%) | 4.061 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Finland (%) | 0.344 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| France (%) | 3.743 Sep 2024 | quarterly | Mar 1950 - Sep 2024 |
| Georgia (%) | 12.367 Jun 2024 | quarterly | Mar 1997 - Jun 2024 |
| Germany (%) | 2.535 Sep 2024 | quarterly | Mar 1961 - Sep 2024 |
| Ghana (%) | 29.025 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
| Greece (%) | 5.123 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Hong Kong SAR, China (%) | 7.581 Jun 2024 | quarterly | Mar 1974 - Jun 2024 |
| Hungary (%) | 9.654 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Iceland (%) | 4.332 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| India (%) | 9.666 Jun 2024 | quarterly | Jun 1997 - Jun 2024 |
| Indonesia (%) | 6.495 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Iran (%) | 35.070 Mar 2024 | quarterly | Jun 1989 - Mar 2024 |
| Ireland (%) | -1.208 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Israel (%) | 3.586 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Italy (%) | 1.999 Jun 2024 | quarterly | Mar 1981 - Jun 2024 |
| Ivory Coast (%) | 681.695 Mar 2023 | quarterly | Mar 1998 - Mar 2023 |
| Japan (%) | 2.165 Jun 2024 | quarterly | Mar 1981 - Jun 2024 |
| Jordan (%) | 3.975 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| Kazakhstan (%) | 15.632 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Kenya (%) | 7.780 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| South Korea (%) | 7.226 Jun 2024 | quarterly | Mar 1961 - Jun 2024 |
| Kosovo (%) | 6.081 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Kuwait (%) | 3.246 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Kyrgyzstan (%) | 18.207 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Laos (%) | 23.128 2023 | yearly | 1985 - 2023 |
| Latvia (%) | 2.096 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Lebanon (%) | 19.333 2020 | yearly | 1998 - 2020 |
| Lithuania (%) | 6.888 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Luxembourg (%) | 2.967 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Macau SAR, China (%) | 7.805 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| North Macedonia (%) | 7.276 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Malawi (%) | 10.386 2021 | yearly | 2003 - 2021 |
| Malaysia (%) | 7.452 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
| Malta (%) | 7.622 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Mauritius (%) | 14.332 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Mexico (%) | 6.070 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Moldova (%) | 4.985 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Mongolia (%) | 22.032 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Montenegro (%) | 7.679 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Morocco (%) | 3.615 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Mozambique (%) | 11.026 2023 | yearly | 1964 - 2023 |
| Nepal (%) | 6.662 2024 | yearly | 2002 - 2024 |
| Netherlands (%) | 6.022 Jun 2024 | quarterly | Mar 1989 - Jun 2024 |
| New Zealand (%) | 3.165 Jun 2024 | quarterly | Jun 1988 - Jun 2024 |
| Nigeria (%) | 16.939 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Norway (%) | 4.266 Jun 2024 | quarterly | Mar 1979 - Jun 2024 |
| Oman (%) | 4.546 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| Pakistan (%) | 26.432 2024 | yearly | 2001 - 2024 |
| Palestinian Territory (%) | -34.320 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Panama (%) | 3.631 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Paraguay (%) | 8.679 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Peru (%) | 5.953 Dec 2022 | quarterly | Mar 1991 - Dec 2022 |
| Philippines (%) | 10.136 Jun 2024 | quarterly | Mar 1982 - Jun 2024 |
| Poland (%) | 5.173 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Portugal (%) | 10.841 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Qatar (%) | -10.389 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| Romania (%) | 12.512 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Russia (%) | 19.527 Mar 2024 | quarterly | Mar 1994 - Mar 2024 |
| Saudi Arabia (%) | 4.510 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
| Serbia (%) | 9.510 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Singapore (%) | 7.799 Jun 2024 | quarterly | Mar 1976 - Jun 2024 |
| Slovakia (%) | 7.535 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Slovenia (%) | 2.897 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| South Africa (%) | 5.079 Jun 2024 | quarterly | Mar 1961 - Jun 2024 |
| Spain (%) | 6.688 Sep 2024 | quarterly | Mar 1971 - Sep 2024 |
| Sri Lanka (%) | 8.448 Mar 2024 | quarterly | Mar 2003 - Mar 2024 |
| Sudan (%) | 103.797 2020 | yearly | 1961 - 2020 |
| Sweden (%) | 4.356 Jun 2024 | quarterly | Mar 1981 - Jun 2024 |
| Switzerland (%) | 4.113 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Syria (%) | 113.698 2022 | yearly | 1971 - 2022 |
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Learn more about what we doGhana Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.5 Jun 2024 | quarterly | Dec 2008 - Jun 2024 |
| Consolidated Fiscal Balance (USD mn) | -305.529 Jun 2024 | monthly | Jan 2008 - Jun 2024 |
| Tax Revenue (USD mn) | 776.284 Jun 2024 | monthly | Jan 2008 - Jun 2024 |
| Tax Revenue: % of GDP (%) | 13.9 Jun 2022 | quarterly | Mar 2008 - Jun 2022 |
| Government Debt: % of GDP (%) | 72.3 2023 | yearly | 2006 - 2023 |
| Forecast: Government Expenditure (GHS bn) | 408.854 2029 | yearly | 1980 - 2029 |
| Forecast: Government Net Debt (GHS bn) | 1,296.452 2029 | yearly | 1990 - 2029 |
| Forecast: Government Revenue (GHS bn) | 349.498 2029 | yearly | 1982 - 2029 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 4.394 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 659.7 Aug 2024 | monthly | Mar 2005 - Aug 2024 |
| Total Exports (USD mn) | 1,890.3 Aug 2024 | monthly | Jan 2010 - Aug 2024 |
| Total Exports Growth (%) | 52.8 Aug 2024 | monthly | Jan 2011 - Aug 2024 |
| Aluminum: Exports (USD th) | 103,616.725 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 7,139.214 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 1,273.109 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 1,230.6 Aug 2024 | monthly | Mar 2005 - Aug 2024 |
| Total Imports Growth (%) | 5.9 Aug 2024 | monthly | Mar 2006 - Aug 2024 |
| Imports: Medicament (USD th) | 204,070.187 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 67,696.289 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 45.264 Jul 2024 | monthly | Feb 1985 - Jul 2024 |
| Total Imports from USA (USD mn) | 78.783 Jul 2024 | monthly | Jun 1995 - Jul 2024 |
| Total Exports to China (USD mn) | 144.855 Jul 2024 | monthly | May 1995 - Jul 2024 |
| Total Imports from China (USD mn) | 311.759 Jul 2024 | monthly | Jun 1986 - Jul 2024 |
| Export Value Index (2015=100) | 142.693 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 101.215 2021 | yearly | 1980 - 2021 |
| Export Volume Index (2015=100) | 97.296 2021 | yearly | 1980 - 2021 |
| Import Volume Index (2015=100) | 84.815 2021 | yearly | 1980 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 24.3 Aug 2024 | monthly | Dec 2005 - Aug 2024 |
| Non-Performing Loans (USD mn) | 1,397.674 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Money Supply M1 (USD mn) | 9,298.488 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
| Money Supply M2 (USD mn) | 13,953.808 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
| M2 Growth (%) | 35.6 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| Foreign Exchange Reserves (USD mn) | 3,368.9 Jan 2024 | monthly | Jan 1965 - Jan 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 3.820 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.4 Jan 2024 | monthly | Mar 2005 - Jan 2024 |
| Gold Reserves (Metric Ton) | 1,000.000 2023 | yearly | 2008 - 2023 |
| Total Deposits (USD mn) | 16,526.320 Aug 2024 | monthly | Jan 1999 - Aug 2024 |
| Total Deposits Growth (%) | 34.0 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
| Domestic Credit (USD mn) | 18,587.4 Apr 2024 | monthly | Jan 1967 - Apr 2024 |
| Domestic Credit Growth (%) | -5.2 Apr 2024 | monthly | Jan 1968 - Apr 2024 |
| Total Loans (USD mn) | 5,706.251 Aug 2024 | monthly | Jan 1999 - Aug 2024 |
| Total Loans Growth (%) | 19.67 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
| Private Debt: % of Nominal GDP (%) | 8.63 Mar 2024 | quarterly | Dec 2013 - Mar 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (%) | 14.4 Aug 2024 | monthly | Dec 2013 - Aug 2024 |
More Indicators for Ghana
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