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Ghana Services Value Added

Services value added as % of GDP  NV.SRV.TOTL.ZS

Ghana's services value added was 40.25% in 2025, ranked 180th globally. This represents a 1.7% decrease from 2024. Data from World Bank, covering 1984–2025.

40.25% −0.68% (-1.7%)
Year 2025 Rank #180 Global Peak 48.18% (2010) Source World Bank

Ghana Services Value Added (1984–2025)

Overview

Ghana's services value added stood at 40.25% in 2025, a decline of +0.68% from 2024. Based on recent trends, this figure is projected to reach 40.25% by 2025. Ghana ranked 180th globally.

Ghana’s services value added has risen modestly from 35.05 in 1984 to 40.25 in 2025, placing the country 180th in the world and keeping it within a narrow band of peers such as Myanmar (40.80) and Angola (40.09). The sector’s trajectory shows a pronounced peak of 48.18 in 2010, followed by a steady decline that reached its lowest point of 26.25 in 1996, before recovering to current levels. Over the 42‑year coverage period, the gradual upward movement reflects structural shifts toward urbanisation and the expansion of telecommunications, yet the gap between the 2010 high and today’s figure indicates persistent constraints in productivity and market diversification. Compared with peers, Ghana’s service contribution remains slightly below Oman’s 41.00, suggesting room for improvement through investment in digital infrastructure and skills development. Continued reforms aimed at enhancing the business environment are likely to sustain the modest upward trend and could lift Ghana’s services share closer to the regional average in the coming decade.

Data & projection

Year Services Value Added YoY change Rank
2027* trend 38.11% - -
2026* trend 39.18% - -
2025* trend 40.25% - -
2025 40.25% −0.68% #180
2024 40.94% −2.18% #11
2023 43.11% +0.34% #28
2022 42.78% −2.55% #36
2021 45.32% +0.13% #38
2020 45.19% +0.05% #29
2019 45.14% +1.46% #32
2018 43.68% +0.20% #30
2017 43.48% −0.43% #27
2016 43.92% +3.40% #24
2015 40.52% +3.10% #13
2014 37.41% −3.17% #11
2013 40.59% −6.99% #26
2012 47.58% +1.74% #51
2011 45.84% −2.34% #52
Show all years (1984-2025)
* Linear trend extrapolation

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%
Occurred 128 times, 35 successful
Inflation
133.5%
Reserves YoY
-48.5%
FX YoY
+126.8%
Inflation
38.1%
Reserves YoY
-30.4%
FX YoY
+33.2%
Inflation
221.3%
Reserves YoY
-15.4%
FX YoY
+820.4%
Inflation
47.6%
Reserves YoY
-20.6%
FX YoY
+51.7%
Inflation
667.4%
Reserves YoY
-80.7%
FX YoY
+835.9%
Inflation
31.3%
Reserves YoY
-47.5%
FX YoY
+42.5%
24 mo later
22.8%

Analysis

Ghana matched the Currency Crisis Pattern pattern in 2023. Historically, 27% of countries showing this pattern (35 out of 128) saw services value added improve within 24 months. View full analysis →

Frequently Asked Questions

What is Ghana's services value added?▾

Ghana's services value added was 40.25% in 2025. Ranked 180th globally. This represents a 1.7% decrease from the previous year.

What was the highest services value added in Ghana?▾

Ghana's services value added peaked at 48.18% in 2010.

What was the lowest services value added in Ghana?▾

The lowest services value added in Ghana was 26.25% in 1996.

How does Ghana rank in services value added?▾

Ghana ranks 180th globally in services value added as of 2025.

What is the World Bank indicator code for services value added?▾

The World Bank indicator code is NV.SRV.TOTL.ZS. Data sourced from World Bank.

What is the projected services value added of Ghana in 2025?▾

Ghana's services value added is projected to reach 40.25% by 2025 based on trend extrapolation.

What is the services value added of Ghana in 2025?▾

The services value added of Ghana in 2025 was 40.25%. This ranks 180th in the world.

Cite this page

APA
Ghana Services Value Added. HistorySaid. Retrieved November 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} }
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