In 2023, Ghana witnessed an increase in its Nominal GDP, rising to 76.37 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 254.77 international billion dollars as per the World Bank's estimates.
Relatedly, in the preceding year of 2022, Ghana has Nominal GDP stood at 74.26 billion dollars, while the GDP based on PPP was 238.78 international billion dollars.
The net change in Ghana's GDP (Nominal) in 2023 increased by 2.11 billion dollars(2.76%), and GDP (PPP) increased by 15.99 international billion dollars(6.28%).
Source: worldbank Nominal PPP| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | 1.22 | - | - | - | - | - |
| 1961 | 1.31 | 0.09 | 6.87 % | - | - | - |
| 1962 | 1.39 | 0.08 | 5.76 % | - | - | - |
| 1963 | 1.55 | 0.16 | 10.32 % | - | - | - |
| 1964 | 1.74 | 0.19 | 10.92 % | - | - | - |
| 1965 | 2.06 | 0.32 | 15.53 % | - | - | - |
| 1966 | 2.14 | 0.08 | 3.74 % | - | - | - |
| 1967 | 1.75 | -0.39 | -22.29 % | - | - | - |
| 1968 | 1.67 | -0.08 | -4.79 % | - | - | - |
| 1969 | 1.96 | 0.29 | 14.80 % | - | - | - |
| 1970 | 2.21 | 0.25 | 11.31 % | - | - | - |
| 1971 | 2.43 | 0.22 | 9.05 % | - | - | - |
| 1972 | 2.12 | -0.31 | -14.62 % | - | - | - |
| 1973 | 3.02 | 0.90 | 29.80 % | - | - | - |
| 1974 | 2.89 | -0.13 | -4.50 % | - | - | - |
| 1975 | 2.81 | -0.08 | -2.85 % | - | - | - |
| 1976 | 2.77 | -0.04 | -1.44 % | - | - | - |
| 1977 | 3.19 | 0.42 | 13.17 % | - | - | - |
| 1978 | 3.66 | 0.47 | 12.84 % | - | - | - |
| 1979 | 4.02 | 0.36 | 8.96 % | - | - | - |
| 1980 | 4.45 | 0.43 | 9.66 % | - | - | - |
| 1981 | 4.22 | -0.23 | -5.45 % | - | - | - |
| 1982 | 4.04 | -0.18 | -4.46 % | - | - | - |
| 1983 | 4.06 | 0.02 | 0.49 % | - | - | - |
| 1984 | 4.41 | 0.35 | 7.94 % | - | - | - |
| 1985 | 4.50 | 0.09 | 2.00 % | - | - | - |
| 1986 | 5.74 | 1.24 | 21.60 % | - | - | - |
| 1987 | 5.07 | -0.67 | -13.21 % | - | - | - |
| 1988 | 5.20 | 0.13 | 2.50 % | - | - | - |
| 1989 | 5.25 | 0.05 | 0.95 % | - | - | - |
| 1990 | 5.89 | 0.64 | 10.87 % | 24.33 | - | - |
| 1991 | 6.60 | 0.71 | 10.76 % | 26.49 | 2.16 | 8.15 % |
| 1992 | 6.42 | -0.18 | -2.80 % | 28.14 | 1.65 | 5.86 % |
| 1993 | 5.97 | -0.45 | -7.54 % | 30.20 | 2.06 | 6.82 % |
| 1994 | 5.45 | -0.52 | -9.54 % | 31.87 | 1.67 | 5.24 % |
| 1995 | 6.46 | 1.01 | 15.63 % | 33.87 | 2.00 | 5.90 % |
| 1996 | 6.93 | 0.47 | 6.78 % | 36.08 | 2.21 | 6.13 % |
| 1997 | 6.89 | -0.04 | -0.58 % | 38.24 | 2.16 | 5.65 % |
| 1998 | 7.48 | 0.59 | 7.89 % | 40.49 | 2.25 | 5.56 % |
| 1999 | 7.72 | 0.24 | 3.11 % | 42.87 | 2.38 | 5.55 % |
| 2000 | 4.98 | -2.74 | -55.02 % | 45.46 | 2.59 | 5.70 % |
| 2001 | 5.31 | 0.33 | 6.21 % | 48.35 | 2.89 | 5.98 % |
| 2002 | 6.17 | 0.86 | 13.94 % | 51.31 | 2.96 | 5.77 % |
| 2003 | 7.63 | 1.46 | 19.13 % | 55.04 | 3.73 | 6.78 % |
| 2004 | 8.88 | 1.25 | 14.08 % | 59.69 | 4.65 | 7.79 % |
| 2005 | 10.74 | 1.86 | 17.32 % | 65.19 | 5.50 | 8.44 % |
| 2006 | 20.89 | 10.15 | 48.59 % | 71.50 | 6.31 | 8.83 % |
| 2007 | 24.83 | 3.94 | 15.87 % | 76.63 | 5.13 | 6.69 % |
| 2008 | 28.68 | 3.85 | 13.42 % | 85.25 | 8.62 | 10.11 % |
| 2009 | 26.05 | -2.63 | -10.10 % | 89.93 | 4.68 | 5.20 % |
| 2010 | 32.20 | 6.15 | 19.10 % | 98.22 | 8.29 | 8.44 % |
| 2011 | 39.34 | 7.14 | 18.15 % | 114.33 | 16.11 | 14.09 % |
| 2012 | 41.27 | 1.93 | 4.68 % | 131.90 | 17.57 | 13.32 % |
| 2013 | 62.82 | 21.55 | 34.30 % | 142.81 | 10.91 | 7.64 % |
| 2014 | 54.78 | -8.04 | -14.68 % | 154.71 | 11.90 | 7.69 % |
| 2015 | 49.41 | -5.37 | -10.87 % | 148.97 | -5.74 | -3.85 % |
| 2016 | 56.16 | 6.75 | 12.02 % | 147.11 | -1.86 | -1.26 % |
| 2017 | 60.41 | 4.25 | 7.04 % | 155.17 | 8.06 | 5.19 % |
| 2018 | 67.30 | 6.89 | 10.24 % | 169.63 | 14.46 | 8.52 % |
| 2019 | 68.34 | 1.04 | 1.52 % | 187.63 | 18.00 | 9.59 % |
| 2020 | 70.04 | 1.70 | 2.43 % | 192.84 | 5.21 | 2.70 % |
| 2021 | 79.52 | 9.48 | 11.92 % | 214.87 | 22.03 | 10.25 % |
| 2022 | 74.26 | -5.26 | -7.08 % | 238.78 | 23.91 | 10.01 % |
| 2023 | 76.37 | 2.11 | 2.76 % | 254.77 | 15.99 | 6.28 % |