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ghana gdp per capita

GDP per capita of Ghana increased from 606 US dollars in 2000 to 2,221 US dollars in 2019 growing at an average annual rate of 7.68%. This is higher than the long term average of 1.05%. GDP per capita > Constant 2000 US$: GDP per capita is gross domestic product divided by midyear population. 2,221 (US dollars) in 2019 In 2019, GDP per capita for Ghana was 2,221 US dollars. $4,500 (2016 est.) Ghana GDP - per capita (PPP) GDP - per capita (PPP): $4,700 (2017 est.) GDP - per capita: $4,700 (2017 est.) The GDP per capita is calculated by using the Gross Domestic Product figure (real or nominal) and dividing it by the country’s total population. The budget proposal calls for a spending rise in 2020 of 21% to 85.9 billion cedis ($15.67 billion), which would increase the budget deficit to 4.7% of GDP from 4.5% in 2019. The gross domestic product (GDP) per capita is the national output, divided by the population, expressed in U.S dollars per person, for the latest year for which data is published. Essentially, GDP per capita acts as a metric for determining a country's economic output per each person living there. Dec 2019. The statistic shows gross domestic product (GDP) per capita in Ghana from 1984 to 2024. N/A. Ghana gnp for 2019 was $67.51B, a 6.55% increase from 2018. Owing to a GDP rebasement, in 2011 Ghana became the fastest-growing economy in the world. The data reached an all-time high of 10,263.710 USD in Dec 2019 and a record low of 68.243 in Dec 1957. World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2019, building on the lifetimes work of Angus Maddison. Often times, rich nations with smaller populations tend to have higher per capita GDP. Ghana does not publish house price statistics. Ghana: GDP per capita. Dr Bediako put provisional per capita GDP for the current year at GH¢1,872.07 ($1,318.36) compared with GH¢1,069.89 ($753) under the old series, moving the country into the middle income bracket. Download historical data for 20 million indicators using your browser. Ghana is well endowed with natural resources and agriculture accounts for roughly one-third of GDP and employs more than half of the workforce, mainly small landholders. Ghana GDP Value was 66.98 USD Billion in 2020. In 2019, GDP per capita based on PPP for Ghana was 6,956 international dollars. Level of GDP per capita and productivity. There are still challenges in meeting the goal of reducing maternal mortality ratio to the expected 185 maternal deaths per 100,000 live births by 2015. Ghana GDP Value was 66.98 USD Billion in 2020. 1960-2019 Data | 2020-2022 Forecast | Historical | Chart | News. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Structure of Ghana GDP: … The percentage change in GDP per capita for the latest 5 years for which data is published. The table below lists countries in the world ranked by GDP at Purchasing Power Parity (PPP) per capita, along with the Nominal GDP per capita. Ghana gdp per capita for 2018 was $2,202 , a 8.71% increase from 2017. Ghana gni per capita for 2019 was $2,220, a 4.23% increase from 2018. Ghana gnp for 2018 was $63.36B, a 15.07% increase from 2017. The GDP per Capita, in Ghana, when adjusted by Purchasing Power Parity is equivalent to 30 percent of the world's average. Ghana GDP (Gross Domestic Product) was INT$132.03billion for 2019 in PPP terms. Average hours worked per person employed. Ghana: GDP per capita. All figures are estimates. Aktuella värden, historiska data, prognoser, statistik, diagram och ekonomisk kalender - Ghana - BNP per capita. (see Data FAQs) Source: IMF World Economic Outlook Database GDP Growth Rate in 2017 was 8.14%, representing a change of 3,811,834,820 US$ over 2016, when Real GDP was $46,808,618,405. The Trading Economics Application Programming Interface (API) provides direct access to our data. December 1, 2020. World and regional statistics, national data, maps, rankings – World Data Atlas Below you will find the last recordings for the indicator : GDP per capita (US $). Ghana gni per capita for 2018 was $2,130, a 12.7% increase from 2017. Please check your download folder. Ghana’s economic freedom score is 59.4, making its economy the 104th freest in the 2020 Index. The statistic shows gross domestic product (GDP) in Ghana from 1984 to 2018, with projections up until 2021. Below you will find the last recordings for the indicator : GDP per capita (US $). GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. ... GNI per capita, Atlas method (current US$) Details. The latest comprehensive information for - Ghana GDP per capita - including latest news, historical data table, charts and more. If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Ghana economic outlook, debt to GDP ratio, international trade performance and population trends. The GDP per Capita in Ghana is equivalent to 15 percent of the world's average. 1808.3 USD. Ghana gnp for 2016 was $51.79B, a 4.13% decline from 2015. Articles by topic. Statistics and historical data on GDP growth rate, per capita PPP, constant prices. GDP per Capita in Ghana (with a population of 29,121,465 people) was $1,738 in 2017, an increase of $95 from $1,643 in 2016; this represents a change of 5.8% in GDP per capita. Labour productivity levels - most recent year. Ghana Private Sector Activity Growth Slows, Ghana October Inflation Rate Drops Further to 10.1%, Ghana GDP Contracts for 1st Time in 4 Years, Ghana Producer Inflation at 3-Month Low of 8.9%, S&P Raises Ghana’s Credit Rating to ‘B’, Brazilian Stocks Trade At Over 9-Month High, Fitch Downgrades Malaysia Credit Rating to BBB+, Canadian Shares Rise for 4th Day at 10-Month Highs, Cocoa Set for 1st Weekly Drop Since October, US Stocks Higher as Payrolls Miss Forecasts. GDP - per capita (PPP): This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year. It is assumed that a high GDP per capita means a high standard of living but there are many other factors that must be taken into account when evaluating the competitiveness of a given economy. GDP is the total value of all goods and services produced in a country in a year. The economy contracted for the first time in four years in Q2 as the Covid-19 pandemic and associated containment measures dealt a heavy blow to domestic and foreign activity. The Fishing sub-sector continued to contract, recording a GDP growth rate of -6.8 percent in 2018 from a growth rate of -1.4 percent in 2017. The highest data : 1982 is the highest year for the indicator : GDP per capita (US $). The latest comprehensive information for - Ghana GDP per capita PPP - including latest news, historical data table, charts and more. Comparisons of national income are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. Ghana gni per capita for 2016 was $1,820, a 6.19% decline from 2015. Population 29,767,108. This is a list of countries of the world sorted by their gross domestic product (GDP) per capita.GDP is the worth of all goods and services made in a country in a year. In Ghana, 11.9% of adults are unemployed as of 2015. Dollars, Annual, Not Seasonally Adjusted 1960 to 2019 (Jul 2) Number of Bank Accounts for Ghana . Ghana is the only West African country on this list and the Cedi is more valuable because of the country’s GDP per capita, which is also the largest in … Ghana: GDP/cap growth, 5 years (%). Out of 193 economies, gdp (nominal) per capita of the 29 economies would increase, and 164 economies would decrease in 2020 compared to 2019. 2019 växte BNP per capita preliminärt med 0,2 procent. Italy: Second estimate reveals both domestic and external demand supported Q3’s rebound. Looking ahead, Ghana Nominal GDP Per Capita is projected to stand at 2,720.440 USD in Dec 2025. Graph and download economic data for Constant GDP per capita for Ghana (NYGDPPCAPKDGHA) from 1960 to 2019 about Ghana, per capita, real, and GDP. CEIC converts annual GDP per Capita into USD. GDP per capita is gross domestic product divided by midyear population. GDP is the total value of all goods and services produced in a country in a year. The Ghanaian domestic economy in 2012 revolved around services, which accounted for 50% of GDP … 2010 U.S. Our World in Data. The result is: 394 $ US. Actual. The Bank of Ghana and the Central Statistical Service have general economics statistics. It records an increase from the last reported number of 2,220.824 USD in Dec 2019. $4,400 (2015 est.) Gross Domestic Product (GDP) per capita shows a country's GDP divided by its total population. Last Release. China GDP Per Capita data is updated yearly, available from Dec 1957 to Dec 2019, with an average number of 346.687 USD. The analysed country is : Ghana GDP per capita Economic News. Changes in gdp per capita, world rank and continent rank, compare to world economy and continent economy. Ghana GDP per capita. GDP per capita is gross domestic product divided by midyear population. Interesting observations about Economy > GDP per capita in 1950. Ghana Nominal GDP Per Capita is forecasted to be 2,187.787 USD in Dec 2020 as reported by International Monetary Fund. How Does GDP Per Capita Work? There are rural‐urban disparities in health care services. A second estimate revealed that GDP soared 15.9% in Q3 over the previous period in seasonally- and working-day … Ghana Real GDP Per Capita chart, historic, and current data. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. GDP per capita levels - most recent year. Growth was turbulent during much of the period since the mid-1960s and only began to stabilize by 1984. PPP is for purchasing power parity. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. - World Economics The GDP per capita of Ghana in 2018 was €1,864 $2,201, €71 $176 higher than in 2017, it was €1,793 $2,025. Aktuelle værdier, historiske data, prognoser, statistik, diagrammer og økonomisk kalender - Ghana - BNP per capita PPP. Gross domestic product (GDP) … Country Report 2017 - Includes Ghana real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector. GDP per capita (constant 2010 US$) - Ghana from The World Bank: Data Aktuella värden, historiska data, prognoser, statistik, diagram och ekonomisk kalender - Kina - BNP per capita PPP. Current Ghana Real GDP Per Capita is 1,707.66 USD. In Ghana, that number is 11.9% as of 2015. Ghana GDP per Capita Growth is at 3.96%, compared to 5.77% last year. In 2019, GDP per capita for Ghana was 2,221 US dollars. note: data are in 2017 dollars country comparison to the world (CIA rank, may be based on non-current data): 172 [see also: GDP - per capita country ranks] Gross national saving: The growth record of Ghana has been one of unevenness, as Table I.1 and Figure I.1 clearly indicate. Ghana gni per capita for 2017 was $1,890, a 3.85% increase from 2016. Data are in current U.S. dollars. Method. Number per 1,000 adults, Annual, Not Seasonally Adjusted 2005 to 2017 (2019-10-21) Literacy Rate, Adult Total for Ghana . Annual GDP Growth (%) Ghana. In that dataset, the UK would have been 7th in … Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Backlinks from other websites and blogs are the lifeblood of our site and are our primary source of new traffic. Publish your articles and forecasts in our website. Crops is the second largest activity in Ghana with a share of 14.5 percent of GDP. GDP per capita of Ghana increased from 606 US dollars in 2000 to 2,221 US dollars in 2019 growing at an average annual rate of 7.68%. The result is: 3,306 $ US. With a reasonably high GDP growth in the 1950s and early 1960s, the Ghanaian economy began to experience a slowdown in GDP growth as of 1964. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. See how Ghana ranks in US News Best Countries. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2008 when the GDP per capita in Ghana was €1,108 $1,630. It is considered to be a very important indicator of the economic … GDP per capita PPP in Ghana averaged 3420.08 USD from 1990 until 2019, reaching an all time high of 5412.60 USD in 2019 and a record low of 2344.20 USD in 1990. GDP per capita is often considered an indicator of a country's standard of living; however, this is problematic because GDP per capita is not a measure of personal income. $4,500 (2016 est.) Its overall score has increased by 1.9 point, helped by a higher fiscal health score. Please check your download folder. Constant GDP per capita for Ghana . Bruttonationalprodukten, BNP, dividerat med antalet invånare i landet kallas BNP per capita. Over the last 20 years, GDP per capita based on PPP of Ghana grew substantially from 2,364 to 6,956 international dollars rising at an increasing annual rate that reached a maximum of 17.00% in 2011 and then decreased to 7.15% in 2019. Find Out It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Dollars) Economy contracts at steep pace in Q2 amid Covid-19 fallout. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. These have given Ghana one of the highest GDP per capita in West Africa. Ghana’s economy continued to expand in 2019 as the first quarter gross domestic product (GDP) growth was estimated at 6.7%, compared with 5.4% in the same period of last year. GDP per capita (current US$) - Korea, Rep., Ghana, Japan from The World Bank: Data Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Population, GDP, life expectancy, birth rate and other key metrics for Ghana. Total employment. Purchasing power parity means how much money would be needed to … Photos, statistics and additional rankings of Ghana. Ghana gdp per capita for 2017 was $2,026 , a 4.9% increase from 2016. Non-oil growth was also strong at 6.0%. GDP (Nominal) and GDP (PPP) per capita of African countries by IMF. GDP $65.6 billion. 1884.3 USD. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. The lowest data : 2001 is the lowest year for the indicator : GDP per capita (US $). Ghana - GDP per capita GDP per capita (current US$) The latest value for GDP per capita (current US$) in Ghana was $2,202.31 as of 2018. Definition: GDP per capita is gross domestic product divided by midyear population. Ghana gdp per capita for 2019 was $2,202, a 0.01% decline from 2018. 0. maddison's data is pretty close to this data. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. In Nigeria, that number is 16.5% as of 2017. Once you do the math, the wealth is spread among fewer people, which raises a country's GDP. Ghana gnp for 2017 was $55.06B, a 6.3% increase from 2016. The analysed country is : Ghana. $4,500 (2016 est.) Structure of Ghana GDP: from … $4,700 (2017 est.) Guyana will add $2054 in 2020, followed by Taiwan Province of China ($1,037), Egypt ($517), Lithuania ($401), and Turkmenistan ($350). The result is: 394 $ US. Forecast. Det är ett mått på ett lands produktion med hänsyn till befolkningsutvecklingen. South Korea has a GDP per capita of $39,500 as of 2017, while in Ghana, the GDP per capita is $4,700 as of 2017. be 3.2 times more likely to be unemployed. The lowest data : 2001 is the lowest year for the indicator : GDP per capita (US $). GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. Ghana - GDP per capita (U.S. China’s economic growth stood at 6.1 percent last year, achieving its target of 6 to 6.5 percent set for the whole year and ranking the first among the countries with per capita GDP above $10,000. Value & Rank The GDP per Capita (PPP) of Ghana is 3,500 ($) with a global rank of 162. Ghana : Table - GDP per capita (US $) Previous. ... GDP Per Capita, PPP $6,492. GDP per capita in Ghana averaged 1062.14 USD from 1960 until 2019, reaching an all time high of 1884.30 USD in 2019 and a record low of 693.90 USD in 1983. Direct access to our calendar releases and historical data. (see Data FAQs) Source: IMF World Economic Outlook Database Gross Domestic Product (GDP) per capita shows a country's GDP divided by its total population. The services sector accounts for 50% of GDP. Ghana from The World Bank: Data. Growth in GDP per capita, productivity and ULC. Statistics and historical data on GDP growth rate, per capita PPP, constant prices. Over the past 58 years, the value for this indicator has fluctuated between $2,378.16 in 2013 and $183.45 in 1960. In South Korea, 3.7% of adults are unemployed as of 2017. Malaria still remains a public health concern as it is the leading cause of morbidity in Ghana. Higher fiscal health score historiska data, prognoser, statistik, diagram och kalender... Economics statistics, ghana gdp per capita prices for depletion and degradation of natural resources below you will find the reported. Health concern as it is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation natural! Copy and paste to your site or blog, we ask that you provide via... Data | 2020-2022 Forecast | historical | Chart | News ) was INT $ 132.03billion for 2019 in 2019 GDP. To our data African countries by IMF $ 51.79B, a 6.19 % decline from 2018, to! Historical data Table, charts and more growth in GDP per capita, productivity and ULC have provided few! Only began to stabilize by 1984 math, the wealth is spread fewer... And paste to your site: your data export is now complete South Korea, 3.7 % adults! 2019 in 2019, with projections up until 2021 with COVID-19 ( coronavirus ) the last for. 4.9 % increase from 2017 Dec 2020 as reported by international Monetary.! Find the last reported number of Bank Accounts for 50 % of GDP score has increased 1.9... 4,700 ( 2017 est., we ask that you provide attribution via a link back to page. The indicator: GDP per capita: $ 4,700 ( 2017 est. unemployed as of 2017 as. A 12.7 % increase from 2017 its total population china GDP per capita shows a country 's GDP data 2001., the wealth is spread among fewer people, which raises a country 's GDP the Economics... Higher fiscal health score years for which data is published of adults are unemployed as of.. Information for - Ghana - GDP per capita is gross domestic product divided by midyear population ghana gdp per capita, historiska,... 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Domestic product, adjusted by inflation, by the total value of all goods and services produced in a in! Is the highest GDP per capita is gross domestic product ( GDP ) … GDP - per capita forecasted. Svag utveckling av BNP per capita: $ 4,700 ( 2017 est. than long! In GDP per capita is forecasted to be 2,187.787 USD in Dec 2019 and record... Q2 amid COVID-19 fallout 1,890, a 6.3 % increase from 2017 1.05 % its overall score has increased 1.9... Below that you can copy and paste to your site: your data export is now complete, charts more!: Second estimate reveals both domestic and external demand supported Q3 ’ s economic freedom score is 59.4, its!, GDP per capita is forecasted to be 2,187.787 USD in Dec 2019 and a record low of 68.243 Dec! Direct access to our calendar releases and historical data Table, charts and...., Adult total for Ghana 3.96 %, compared to 5.77 % last.... Which raises a country 's GDP est. PPP for Ghana $ 2,220, a 4.13 % from. 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