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Ghana – Services Value Added

Name: Ghana Services Value Added
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Value added by the services sector as a share of GDP. Includes trade, transport, government, financial, and professional services. · World Bank

40.94% −2.18% from 2023 G20 rank: 11th · all-time high: 48.18% (2010)

Ghana's services value added was 40.94% in 2024, a decrease of +2.18% from 43.11% in 2023. This ranked 11th in the G20. The all-time high was 48.18% in 2010.

APA

Ghana Services Value Added. HistorySaid. Retrieved March 12, 2026, from https://historysaid.com/ghana/services-value-added

BibTeX

@misc{historysaid_ghana_services-value-added,
  title = {Ghana Services Value Added},
  url = {https://historysaid.com/ghana/services-value-added},
  publisher = {HistorySaid},
  year = {2026}
}

Data & Projection▾

Ghana Services Value Added – Historical Data
Year	Value	Change	Rank
2027* trend	38.11%	–	–
2026* trend	39.18%	–	–
2025* trend	40.25%	–	–
2024	40.94%	−2.18%	11th
2023	43.11%	+0.34%	28th
2022	42.78%	−2.55%	36th
2021	45.32%	+0.13%	38th
2020	45.19%	+0.05%	29th
2019	45.14%	+1.46%	32nd
2018	43.68%	+0.20%	30th
2017	43.48%	−0.43%	27th
2016	43.92%	+3.40%	24th
2015	40.52%	+3.10%	13th
2014	37.41%	−3.17%	11th
2013	40.59%	−6.99%	26th
2012	47.58%	+1.74%	51st
2011	45.84%	−2.34%	52nd
2010	48.18%	+0.24%	56th
2009	47.94%	+1.76%	59th
2008	46.17%	−0.99%	54th
2007	47.17%	+1.70%	56th
2006	45.47%	+16.56%	52nd
2005	28.91%	+0.24%	6th
2004	28.68%	−0.39%	5th
2003	29.07%	−0.15%	5th
2002	29.21%	+0.06%	5th
2001	29.16%	+0.34%	6th
2000	28.82%	+0.40%	6th
1999	28.41%	+0.18%	5th
1998	28.23%	+0.35%	3rd
1997	27.89%	+1.64%	5th
1996	26.25%	−1.50%	6th
1995	27.75%	+0.41%	8th
1994	27.34%	−0.19%	8th
1993	27.53%	−9.91%	8th
1992	37.44%	+0.02%	26th
1991	37.42%	−0.47%	27th
1990	37.89%	+4.50%	29th
1989	33.39%	−0.22%	17th
1988	33.61%	+0.74%	15th
1987	32.88%	−1.67%	16th
1986	34.55%	+3.42%	14th
1985	31.12%	−3.93%	8th
1984	35.05%	–	10th

Show all years (1984–2024)

* Linear trend extrapolation from last 5 data points

Detected Pattern▾

Currency Crisis Pattern

Rapid currency depreciation (>30% YoY) combined with reserve drawdown and inflation surge. Often precedes emergency rate hikes.

Inflation 38.1% Reserves YoY -30.4% FX YoY +33.2%

This pattern occurred 111 times in G20 history, 31 successful

Argentina 2023

Inflation

133.5%

Reserves YoY

-48.5%

FX YoY

+126.8%

Ghana 2023

Inflation

38.1%

Reserves YoY

-30.4%

FX YoY

+33.2%

Lebanon 2023

Inflation

221.3%

Reserves YoY

-15.4%

FX YoY

+820.4%

Sierra Leone 2023

Inflation

47.6%

Reserves YoY

-20.6%

FX YoY

+51.7%

Ghana 2022

Inflation

31.3%

Reserves YoY

-47.5%

FX YoY

+42.5%

24 mo later

22.8%

Lao PDR 2022

Inflation

23.0%

Reserves YoY

-19.2%

FX YoY

+44.7%

24 mo later

23.1%

HistorySaid – pattern alert

Ghana matched the Currency Crisis Pattern pattern in 2023. Historically, 28% of countries showing this pattern (31 out of 111) saw services value added improve within 24 months. View full analysis →