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Macro

Ghana

Sub-Saharan Africa · Lower middle income · IMF WEO April 2026 · World Bank WDI

GDP▲ 37.7%
Current prices2025
115USD bn
GDP per capita▲ 35.2%
Current prices2025
3,271USD
Real GDP growth▲ 0.1 pp
Annual change2025
6.0%
Inflation▼ 8.7 pp
Average consumer prices2025
14.2%
Government debt▼ 21.5 pp
General government, gross2025
48.8% of GDP
Current account▲ 6.1 pp
Balance2025
7.9% of GDP
Population▲ 1.8%
Total2025
35.06million

Real GDP growth, %

Since 1995 · lighter bars = IMF projection
0.014.01995: 4.2%1996: 4.8%1997: 5.8%1998: 5.0%1999: 4.5%2000: 3.6%2001: 3.8%2002: 4.6%2003: 5.1%2004: 5.4%2005: 6.2%2006: 5.8%2007: 4.1%2008: 9.0%2009: 5.7%2010: 7.8%2011: 14.0%2012: 8.4%2013: 7.2%2014: 2.9%2015: 2.1%2016: 3.4%2017: 8.1%2018: 6.2%2019: 6.5%2020: 0.5%2021: 5.1%2022: 3.8%2023: 3.1%2024: 5.8%2025: 6.0%2026: 4.8% (IMF projection)2027: 4.9% (IMF projection)2028: 5.0% (IMF projection)2029: 5.0% (IMF projection)2030: 5.0% (IMF projection)2031: 5.0% (IMF projection)IMF projection19952000200520102015202020252030

Inflation, %

Average consumer prices · lighter bars = IMF projection
0.059.31995: 59.3%1996: 44.5%1997: 24.8%1998: 19.2%1999: 12.5%2000: 25.1%2001: 32.9%2002: 14.8%2003: 26.6%2004: 12.7%2005: 15.1%2006: 11.7%2007: 10.7%2008: 16.5%2009: 13.1%2010: 6.7%2011: 7.7%2012: 7.1%2013: 11.7%2014: 15.5%2015: 17.2%2016: 17.5%2017: 12.4%2018: 9.8%2019: 7.2%2020: 9.9%2021: 10.0%2022: 31.9%2023: 39.2%2024: 22.9%2025: 14.2%2026: 5.8% (IMF projection)2027: 7.8% (IMF projection)2028: 8.0% (IMF projection)2029: 8.0% (IMF projection)2030: 8.0% (IMF projection)2031: 8.0% (IMF projection)IMF projection19952000200520102015202020252030

IMF outlook

IMF World Economic Outlook April 2026 · italics = IMF projection
Indicator2021202220232024202520262027202820292030
Real GDP growth %5.13.83.15.86.04.84.95.05.05.0
Inflation, average consumer prices %10.031.939.222.914.25.87.88.08.08.0
GDP, current prices USD bn80748183115118121125133142
GDP per capita, current prices USD2,4452,2302,3842,4193,2713,3143,3303,3903,5433,717
GDP per capita, PPP Int. USD6,6087,2087,5638,0518,6139,1169,60610,07710,58811,134
General government gross debt % of GDP86.992.779.170.348.853.050.748.145.744.0
General government net lending/borrowing % of GDP-12.0-11.8-3.4-6.2-1.3-2.3-1.8-1.7-1.8-2.2
Current account balance % of GDP-2.8-2.3-0.81.87.910.19.58.27.66.2
Population million32.5233.1533.7934.4335.0635.7036.3336.9637.5938.22

Government debt, % of GDP

General government gross debt
0.092.72000: 74%2001: 58%2002: 54%2003: 49%2004: 38%2005: 32%2006: 17%2007: 21%2008: 23%2009: 25%2010: 33%2011: 31%2012: 35%2013: 43%2014: 50%2015: 54%2016: 56%2017: 57%2018: 62%2019: 63%2020: 79%2021: 87%2022: 93%2023: 79%2024: 70%2025: 49%2026: 53% (IMF projection)2027: 51% (IMF projection)2028: 48% (IMF projection)2029: 46% (IMF projection)2030: 44% (IMF projection)2031: 42% (IMF projection)IMF projection2000200520102015202020252030

Current account, % of GDP

Balance of payments
-9.10.010.12000: -3.1%2001: -3.3%2002: -0.7%2003: 0.5%2004: -2.7%2005: -4.2%2006: -3.4%2007: -5.9%2008: -8.2%2009: -3.8%2010: -6.1%2011: -6.6%2012: -8.8%2013: -9.1%2014: -6.8%2015: -5.7%2016: -5.1%2017: -3.3%2018: -3.0%2019: -2.2%2020: -2.5%2021: -2.8%2022: -2.3%2023: -0.8%2024: 1.8%2025: 7.9%2026: 10.1% (IMF projection)2027: 9.5% (IMF projection)2028: 8.2% (IMF projection)2029: 7.6% (IMF projection)2030: 6.2% (IMF projection)2031: 4.9% (IMF projection)IMF projection2000200520102015202020252030

Economic structure

Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
YearStructureAgricultureIndustryManufacturingServices
199538.824.39.327.7
200537.525.18.728.9
201520.031.111.140.5
202521.329.310.142.9

Income, trade and society

World Bank WDI · change over 10 years
IndicatorLatestUnitYear10Y change
GNI per capita, Atlas method2,630USD2025+39.9%
GNI, Atlas method92USD bn2025+71.2%
Exports of goods and services35.1% of GDP2024+6.8 pp
Imports of goods and services33.9% of GDP2024-1.7 pp
Life expectancy at birth65.7years2024+4.6%
Urban population58.9% of total2025+5.3 pp

Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)