The economy of Ghana advanced 5.6 percent year-on-year in the third quarter of 2019, little-changed from a 5.7 percent growth in the previous period. It was the slowest expansion since the second quarter of 2018, due to a slowdown in both the services and industrial sectors.
GDP Annual Growth Rate in Ghana averaged 6.65 percent from 2000 until 2019, reaching an all time high of 25 percent in the first quarter of 2012 and a record low of -1.60 percent in the third quarter of 2015. This page provides the latest reported value for - Ghana GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Ghana Statistical Service
GDP Annual Growth Rate in Ghana is expected to be 6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Ghana to stand at 6.80 in 12 months time. In the long-term, the Ghana GDP Annual Growth Rate is projected to trend around 6.40 percent in 2020, according to our econometric models.