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Ghana real GDP

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GHGDPCP chart


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Key data points


Last release
—
Observation period
Q3 2024
Next release
—
Forecast
—
Highest
‪130.41 B‬ GHS on Mar 31, 1997
Lowest
‪4.27 B‬ GHS on Mar 31, 2006

About Ghana real GDP


Category
GDP
Source
Statistical Services
Frequency
Quarterly
Units
GHS

Related indicators


GHFYGDPG
Full Year GDP Growth
GHGDP
GDP
GHGDPA
GDP From Agriculture
GHGDPC
GDP From Construction
GHGDPMAN
GDP From Manufacturing
GHGDPMIN
GDP From Mining
GHGDPPA
GDP From Public Administration
GHGDPPC
GDP Per Capita
GHGDPPCP
GDP Per Capita PPP
GHGDPQQ
GDP Growth Rate
GHGDPS
GDP From Services
GHGDPT
GDP From Transport
GHGDPU
GDP From Utilities
GHGDPYY
GDP Growth
GHGFCF
Gross Fixed Capital Formation

Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
Last quarter Ghana real GDP was 48.78 B GHS, and the quarter before that it reached 47.96 B GHS.