Markets Actual Q2 Q3 Q4 Q1 2020
Currency 5.09 5.51 5.6 5.7 5.79 5.99
Stock Market (points) 2358.00 2395 2374 2352 2332 2290
Overview Actual Q2 Q3 Q4 Q1 2020
GDP Growth Rate (%) 1.70 1.5 1.6 1.8 1.4 1.5
GDP Annual Growth Rate (%) 6.80 7.3 8 8.7 6.8 5.7
Unemployment Rate (%) 2.40 2 2 2 2 2
Inflation Rate (%) 9.30 8.5 8.3 7.9 7.7 7.3
Interest Rate (%) 16.00 15 15 14.75 14.75 13
Balance of Trade (USD Million) -30.09 -30 150 70 200 250
Current Account to GDP (%) -4.20 -3.8 -3.8 -3.8 -3.7 -3.7
Government Debt to GDP (%) 70.50 68 68 68 65 65
Government Budget (% of GDP) -4.50 -5 -5 -5 -5.5 -5.5
Corporate Tax Rate (%) 25.00 25 25 25 25 25
Personal Income Tax Rate (%) 25.00 25 25 25 25 25
GDP Actual Q2 Q3 Q4 Q1 2020
GDP Growth Rate (%) 1.70 1.5 1.6 1.8 1.4 1.5
GDP Annual Growth Rate (%) 6.80 7.3 8 8.7 6.8 5.7
GDP (USD Billion) 47.33 56 56 56 60 60
GDP Constant Prices (GHS Million) 38636.90 38696 39527 41313 40591 43668
Gross Fixed Capital Formation (GHS Million) 42612.66 34977 35095 36681 36040 38772
GDP per capita (USD) 1813.80 1998 1998 1998 2086 2086
GDP per capita PPP (USD) 4227.60 4120 4570 4120 4250 4250
GDP From Agriculture (GHS Million) 8723.60 6497 7498 7837 7700 8284
GDP From Construction (GHS Million) 3173.40 3383 3731 3899 3831 4122
GDP From Manufacturing (GHS Million) 4216.30 4655 4926 5149 5059 5442
GDP From Mining (GHS Million) 5840.20 6590 7102 7423 7294 7846
GDP From Services (GHS Million) 14311.80 15209 14659 15322 15054 16195
GDP From Transport (GHS Million) 1951.90 2278 2014 2105 2068 2225
GDP From Utilities (GHS Million) 183.10 191 193 201 198 213
Labour Actual Q2 Q3 Q4 Q1 2020
Unemployment Rate (%) 2.40 2 2 2 2 2
Population (Million) 28.80 30 30 29.39 29.98 29.98
Living Wage Family (GHS/Month) 1720.00 1800 1800 1800 1800 1850
Living Wage Individual (GHS/Month) 900.00 660 660 660 660 680
Wages High Skilled (GHS/Month) 2030.00 2000 2000 2000 2000 2200
Wages Low Skilled (GHS/Month) 870.00 800 800 800 800 700
Prices Actual Q2 Q3 Q4 Q1 2020
Inflation Rate (%) 9.30 8.5 8.3 7.9 7.7 7.3
Consumer Price Index CPI (Index Points) 234.00 239 239 245 249 262
Producer Prices (Index Points) 618.10 629 629 620 637 635
Food Inflation (%) 8.40 7 6.9 6.8 6.6 6.8
Inflation Rate Mom (%) 1.20 0.84 0.95 0.8 1 0.7
Producer Prices Change (%) 6.70 5.6 4.8 3.4 3 2.5
Money Actual Q2 Q3 Q4 Q1 2020
Interest Rate (%) 16.00 15 15 14.75 14.75 13
Trade Actual Q2 Q3 Q4 Q1 2020
Balance of Trade (USD Million) -30.09 -30 150 70 200 250
Current Account to GDP (%) -4.20 -3.8 -3.8 -3.8 -3.7 -3.7
Government Actual Q2 Q3 Q4 Q1 2020
Government Debt to GDP (%) 70.50 68 68 68 65 65
Government Budget (% of GDP) -4.50 -5 -5 -5 -5.5 -5.5
Government Spending (GHS Million) 27096.76 7959 7986 8347 8201 8823
Taxes Actual Q2 Q3 Q4 Q1 2020
Corporate Tax Rate (%) 25.00 25 25 25 25 25
Personal Income Tax Rate (%) 25.00 25 25 25 25 25
Sales Tax Rate (%) 12.00 12 12 12 12 12
Business Actual Q2 Q3 Q4 Q1 2020
Composite Pmi 51.50 53.6 53.9 54 52.8 53
Consumer Actual Q2 Q3 Q4 Q1 2020
Gasoline Prices (USD/Liter) 0.81 0.78 0.76 0.75 0.73 0.73


This page has economic forecasts for Ghana including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Ghana economy.