Ghana 2016
Detailed economic analysis and indicators for 2016
Key Economic Indicators (2016)
GDP (Current USD)
$56.16 billion
↑ 13.68% vs 2015GDP per Capita
$1,913.19
↑ 11.12% vs 2015GDP Growth (Annual %)
3.37%
↑ 1.25pp vs 2015Inflation Rate (CPI %)
17.45%
↑ 0.30pp vs 2015Year-over-Year Comparison
| Indicator | 2015 | 2016 | Change |
|---|---|---|---|
| GDP (Current USD) | $49.41 billion | $56.16 billion | +13.68% |
| GDP per Capita | $1,721.70 | $1,913.19 | +11.12% |
| GDP Growth (Annual %) | 2.12% | 3.37% | +1.25pp |
| Inflation (CPI %) | 17.15% | 17.45% | +0.30pp |
| Unemployment Rate (%) | 6.81% | 5.23% | -1.57pp |
All Economic Indicators (2016)
National Accounts
- GDP (Current USD)
- $56.16 billion
- GDP per Capita
- $1,913.19
- GDP Growth (Annual %)
- 3.37%
- Gross National Income
- $53.96 billion
Prices & Employment
- Inflation (CPI %)
- 17.45%
- Inflation (GDP Deflator %)
- 15.75%
- Unemployment Rate (%)
- 5.23%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -5.04%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2016, Ghana's Gross Domestic Product (GDP) is $56.16 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Ghana for 2016 is $1,913.19. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Ghana for 2016 is 17.45%. This measures the annual percentage change in the cost of consumer goods and services.
Ghana's annual GDP growth rate for 2016 is 3.37%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Ghana for 2016 is 5.23%. This represents the percentage of the labor force that is unemployed and actively seeking employment.