The Gross Domestic Product (GDP) in Ghana expanded 1.20 percent in the first quarter of 2020 over the previous quarter.
GDP Growth Rate in Ghana averaged 1.61 percent from 2006 until 2020, reaching an all time high of 7.40 percent in the first quarter of 2011 and a record low of -2.20 percent in the fourth quarter of 2008. This page provides the latest reported value for - Ghana GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ghana GDP Growth Rate - values, historical data and charts - was last updated on October of 2020.
GDP Growth Rate in Ghana is expected to be -0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Ghana to stand at 1.00 in 12 months time. In the long-term, the Ghana GDP Growth Rate is projected to trend around 1.30 percent in 2021 and 1.80 percent in 2022, according to our econometric models.