Ghana GDP Growth
Annual percentage growth rate of GDP NY.GDP.MKTP.KD.ZG
Ghana's gdp growth was 4.03% in 2025, ranked 53rd globally. This represents a 28.0% decrease from 2024. Data from World Bank, covering 1961–2025.
Overview
Ghana's gdp growth stood at 4.03% in 2025, a decline of +1.56pp from 2024. The IMF projects 4.03% by 2025. Ghana ranked 53rd globally.
Ghana’s real GDP growth has averaged 4.03 % in 2025, placing the country 53rd globally and marginally above Saudi Arabia’s 4.02 % while trailing Egypt’s 4.27 % and Dominica’s 4.23 % (World Bank). Over the 65‑year series, growth has oscillated between an all‑time high of 14.05 % in 2011 – a year marked by robust commodity exports and fiscal consolidation – and a severe contraction of –12.43 % in 1975, when oil price shocks and domestic policy missteps depressed output. The early 1960s baseline of 3.43 % underscores a long‑term upward drift, yet the post‑peak slowdown to just above four percent reflects both the maturing of Ghana’s macroeconomic framework and the constraints of a narrower export base. Continued diversification, investment in renewable energy, and improved fiscal discipline could lift the growth trajectory, while external shocks to commodity prices or fiscal imbalances would likely reverse the modest upward trend.
Data & projection
| Year | GDP Growth | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 5.00% | - | - |
| 2029* IMF | 5.00% | - | - |
| 2028* IMF | 5.00% | - | - |
| 2027* IMF | 4.95% | - | - |
| 2026* IMF | 4.79% | - | - |
| 2025* IMF | 4.03% | - | - |
| 2025 | 4.03% | −1.56pp | #53 |
| 2024 | 5.59% | +2.46pp | #30 |
| 2023 | 3.14% | −0.68pp | #100 |
| 2022 | 3.80% | −1.27pp | #121 |
| 2021 | 5.08% | +4.56pp | #107 |
| 2020 | 0.51% | −5.99pp | #33 |
| 2019 | 6.51% | +0.31pp | #20 |
| 2018 | 6.20% | −1.93pp | #31 |
| 2017 | 8.13% | +4.76pp | #11 |
| 2016 | 3.37% | +1.25pp | #97 |
| 2015 | 2.12% | −0.74pp | #132 |
| 2014 | 2.86% | −4.38pp | #112 |
| 2013 | 7.31% | −1.11pp | #23 |
| 2012 | 9.29% | −4.66pp | #12 |
| 2011 | 14.05% | +6.27pp | #6 |
Detected Pattern
Analysis
Ghana matched the Currency Crisis Pattern pattern in 2023. Historically, 27% of countries showing this pattern (35 out of 128) saw gdp growth improve within 24 months. View full analysis →
Frequently Asked Questions
Ghana's gdp growth was 4.03% in 2025. Ranked 53rd globally. This represents a 28.0% decrease from the previous year.
Ghana's gdp growth peaked at 14.05% in 2011.
The lowest gdp growth in Ghana was -12.43% in 1975.
Ghana ranks 53rd globally in gdp growth as of 2025.
The World Bank indicator code is NY.GDP.MKTP.KD.ZG. Data sourced from World Bank.
Ghana's gdp growth is projected to reach 4.03% by 2025 based on IMF projection.
The gdp growth of Ghana in 2025 was 4.03%. This ranks 53rd in the world.
Cite this page
@misc{historysaid_ghana_gdp-growth,
title = {Ghana GDP Growth},
url = {https://historysaid.com/ghana/gdp-growth/},
publisher = {HistorySaid},
year = {2026}
}