Mexico and China has entered in elite $10000 per capita GDP club in 2019. Until last year (Fiscal Year 2019), the income classifications had an analytical purpose and did not influence the World Bank’s lending terms. In its 2019 budget statement, the Ghana government projected the economy to grow by 7.4 per cent this year. We-Fi WeTour Women in Tourism Enterprise Survey 2019. All figures are estimates. New data on GNI per capita data for 2018 is now available here. Ghana gdp per capita for 2018 was $2,202, a 8.71% increase from 2017. All rights reserved. World Bank Group Country Survey 2019. The currency used in Ghana is called Cedi. DataBank. GHANA STATISTICAL SERVICE Statistics for Development and Progress Ghana Statistical Service (GSS) P.O. Ghana: GDP per capita, Purchasing Power Parity: For that indicator, we provide data for Ghana from 1990 to 2019. Average income around the world The worldwide highest income is earned in Monaco. - The GDP per capita income also grew from GHS10,150 in 2018 to GHS11,541 in 2019. Graph and download economic data for Gross Domestic Product Per Capita for Ghana (PCAGDPGHA646NWDB) from 1960 to 2019 about Ghana, per capita, and GDP. As of June 2019, it had committed $1,259.5 million of its own account in Ghana. Though Ghana GNI per capita fluctuated substantially in recent years, it tended to increase through 1970 - 2019 period ending at 2,155 US dollars in 2019. Missing data, out of date base years, disputed population data and the size of the unrecorded informal economy means that international rankings of countries in terms of GDP and GDP per capita are meaningless. GDP PPP based on: 2011 International Dollars. The services sector accounts for 50% of GDP. Furthermore, the average paid-in minimum capital has fallen from 212% of income per capita to 11% of income per capita in the same period. source: World Bank 10Y 25Y The Gross Domestic Product per capita in Ghana was last recorded at 1884.30 US dollars in 2019. Definition: GNI per capita is gross national income divided by midyear population. In World Factbook data, Liechtenstein is … Income level: Lower middle income; Region: ... Malaria Indicator Survey 2019. The expansion in the economy has World Economics Limited. globalEDGE - Your source for business knowledge. All rights reserved.Terms & Conditions. Ghana's national budget was the equivalent of 39.8% of GDP in 2013. The most unreliable economic data is produced in Argentina which has manipulated inflation and GDP statistics since 2007. The use of different national income standards across Europe has an impact on cross-country comparability and in some cases leads to an underestimation of GDP. In the past two decades, it has taken major strides toward democracy under a multi-party system, with its independent judiciary winning public trust. 74/196 (2019). The smallest budget per capita exists in Afghanistan. Last year, the country’s economy only grew by 5.6%, putting it in sixth position. There are 14 economies which have per capita income above $50,000, 43 have above $20,000 and 70 has above $10,000 at exchange rate basis. In World Bank data, Monaco and Liechtenstein has better per capita gdp than Luxembourg. GNI per capita is gross national income divided by midyear population. The average income is calculated by gross national income … In 2011, Ghana not only joined the ranks of lower-middle income countries, but had one of the fastest economic growth rates (14.4%) in the world. The International Monetary Fund (IMF) has predicted Ghana to be world’s fastest growing economy in 2019. The statistic shows gross domestic product (GDP) per capita in Ghana from 1985 to 2025. For example, Ghana’s Exports rank is higher than (please wait...) of the countries in the dataset. It’s best to avoid speaking about politics at initial meetings. GDP - per capita: $4,700 (2017 est.) The GDP per Capita in Ghana is equivalent to 15 percent of the world's average. University, GDP Per Capita, PPP (current international), External debt stocks, total (DOD, current US$), Current Account Balance (BoP, current US$), Employment in Agriculture (% of total employment), Employment in Industry (% of total employment), Employment in Services (% of total employment), Imports of goods and services (current US$), Exports of goods and services (current US$). source: World Bank 10Y 25Y Top 3 Exported Goods (2019): Precious Stones & Metals, Oil & Mineral Fuels, and Cocoa, Mining; Lumbering; Light Manufacturing; Aluminum Smelting, GDP Country Rank Top 3 Trade Partners (2019): China, India, and Switzerland This is the average monthly salary including housing, transport, and other benefits. Its overall score has increased by 1.9 point, helped by a higher fiscal health score. The top income tax and corporate tax rates are 25%. Ghana sits on the Atlantic Ocean and borders Togo, Cote d'Ivoire, and Burkina Faso. How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. $132,886 in 2019 followed by Macao SAR, Luxembourg and Singapore having figure above one lakh international dollar. © World Economics Limited. World … Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years. Dollars, Annual, Not Seasonally Adjusted 1960 to 2019 (Dec 17) Real GDP at Constant National Prices for Ghana GDP is the total value of all goods and services produced in a country in a year. IFC’s current program in Ghana consists of 26 projects, comprising of investments in infrastructure, manufacturing, agribusiness, and services, and financial institutions. Ghana gdp per capita for 2017 was $2,026, a 4.9% increase from 2016. The table below lists countries in the world ranked by GDP at Purchasing Power Parity (PPP) per capita, along with the Nominal GDP per capita. Online tool for visualization and analysis. The technical notes provide a detailed description of the goods and services included in each sector. GDP per capita is often considered an indicator of a country's standard of living; however, this is problematic because GDP per capita is not a measure of personal income. The overall tax burden was 12.1% of Ghana's total domestic income in 2013. By Ghana Statistical Service (GSS) Submitted on: 05 Aug, 2020. Safe topics of conversations include family, work, hometown, and sports. A person working in Ghana typically earns around 5,070 GHS per month. The Gross Domestic Product per capita in Guyana was last recorded at 4159.61 US dollars in 2019. Most American countries use a national income accounting standard that fails to record the informal economy. More detailed information on how the World Bank classifies countries is available here. note: data are in 2017 dollars country comparison to the world (CIA rank, may be based on non-current data): 172 [see also: GDP - per capita country ranks] Gross national saving: For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Ghana GDP (Gross Domestic Product) was INT$132.03billion for 2019 in PPP terms. Gross Domestic Product Per Capita for Ghana Current U.S. Submitted on: 19 Nov, 2019. The Ghana Statistical Service (GSS) reports that Ghana’s economy grew by 6.5% in the year 2019. Click on a row to display its 5-year graph on the right. $4,400 (2015 est.) As the graph below shows, over the past 58 years this indicator reached a maximum value of 9,900.13 in 2018 and a minimum value of 0.01 in 1960. The quality of economic data across Asia-Pacific region varies considerably across countries, mainly as a result of lack of statistical capacity. The GDP per Capita in Guyana is equivalent to 33 percent of the world's average. Other taxes included with value-added tax (VAT), are national health insurance levy, and a capital gains tax. In our comparison over 79 countries, the USA comes 9th with an average income of 65,850 USD. Ghana gdp per capita for 2019 was $2,202, a 0.01% decline from 2018. The latest value from 2019 is 5412.63 U.S. dollars. Source: Accra Metropolitan Assembly 2020-06-15 Accra's market per capita waste generation is 1.32 kg per shop - Report The country received a three-year, $918 million bailout from the International Monetary Fund in 2015 aimed to improve fiscal responsibility and macroeconomic growth in the quickly expanding economy. In 2019, the nationwide per capita disposable income of residents exceeded 30,000 yuan for the first time, reaching 30,733 yuan. PPP takes into account the relative cost of living, rather than using only exchange rates, therefore providing a more accurate picture of the real differences in income. Salaries vary … $4,500 (2016 est.) Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy. Qatar is the richest country of the world in PPP terms with per capita income around of Int. Income Level (by per capita GNI) Source: The World Bank Possible values: High Income, ... 6.478% (2019) GDP Per Capita, PPP (current international) $5,652 (2019) ... For example, Ghana’s Exports rank is higher than (please wait...) of the countries in the dataset. {"2006":5696005.95, "2007":6063944.64, "2008":6575173.86, "2009":6881429.80, "2010":7336993.15, "2011":8447895.33, "2012":9232958.24, "2013":9908164.48, "2014":10303203.00, "2015":10527606.76, "2016":10890598.64, "2017":11777420.09, "2018":12442019.90, "2019":13202600.58}, [{"1950":9.94, "1951":10.30, "1952":10.11, "1953":11.51, "1954":12.97, "1955":12.13, "1956":12.85, "1957":13.26, "1958":13.05, "1959":14.93, "1960":15.41, "1961":15.96, "1962":16.74, "1963":17.32, "1964":17.69, "1965":17.93, "1966":17.95, "1967":18.27, "1968":18.53, "1969":19.61, "1970":20.94, "1971":22.11, "1972":21.56, "1973":22.75, "1974":24.31, "1975":21.29, "1976":20.54, "1977":21.00, "1978":22.79, "1979":22.21, "1980":22.31, "1981":21.54, "1982":20.04, "1983":19.13, "1984":20.78, "1985":21.84, "1986":22.98, "1987":24.08, "1988":25.43, "1989":26.73, "1990":27.62, "1991":29.08, "1992":30.20, "1993":31.67, "1994":32.71, "1995":34.02, "1996":35.58, "1997":37.08, "1998":38.82, "1999":40.54, "2000":42.24, "2001":44.16, "2002":46.28, "2003":48.70, "2004":51.30, "2005":54.48, "2006":56.96, "2007":60.64, "2008":65.75, "2009":68.81, "2010":73.37, "2011":84.48, "2012":92.33, "2013":99.08, "2014":103.03, "2015":105.28, "2016":108.91, "2017":117.77, "2018":124.42, "2019":132.03}], {"1972":-2.5, "1973":5.5, "1974":6.9, "1975":-12.4, "1976":-3.5, "1977":2.3, "1978":8.5, "1979":-2.5, "1980":0.5, "1981":-3.5, "1982":-6.9, "1983":-4.6, "1984":8.6, "1985":5.1, "1986":5.2, "1987":4.8, "1988":5.6, "1989":5.1, "1990":3.3, "1991":5.3, "1992":3.9, "1993":4.9, "1994":3.3, "1995":4.0, "1996":4.6, "1997":4.2, "1998":4.7, "1999":4.4, "2000":4.2, "2001":4.5, "2002":4.8, "2003":5.2, "2004":5.4, "2005":6.2, "2006":4.6, "2007":6.5, "2008":8.4, "2009":4.7, "2010":6.6, "2011":15.1, "2012":9.3, "2013":7.3, "2014":4.0, "2015":2.2, "2016":3.4, "2017":8.1, "2018":5.6, "2019":6.1}. GDP per capita (current US$) - Ghana from The World Bank: Data. Gross national income per capita 2019, Atlas method and PPP Purchasing Atlas power parity methodology (international Ranking Economy (US dollars) Ranking Economy dollars) 1 Switzerland 85,500 1 Macao SAR, China 123,290 l 2 Norway 82,500 2 Qatar 94,170 For example, Ghana’s Exports rank is higher than, Michigan State Box GP 1098, Accra www.statsghana.gov.gh April 2019 Edition Rebased 2013-2018 Annual Gross Domestic Product . It has a population of about 29.6 million (2018). In 2019, GNI per capita for Ghana was 2,155 US dollars. Ghana’s economic freedom score is 59.4, making its economy the 104th freest in the 2020 Index. Data are in current U.S. dollars. Comparisons of national income are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. Ghana has one of the highest GDPs per capita (US$1,580 per capita) in West Africa. Ghana is world’s fastest growing economy in 2019—IMF . In the latest report, Ghana has improved its ranking to 114 out of 190 economies up six places from 120 in the 2018 Doing Business Report. The average value for Ghana during that period was 3420.1 U.S. dollars with a minimum of 2344.19 U.S. dollars in 1990 and a maximum of 5412.63 U.S. dollars in 2019. GNI per capita (current LCU) The value for GNI per capita (current LCU) in Ghana was 9,900.13 as of 2018. General News of Monday, 15 June 2020. Ghana is IFC’s third largest exposure in Africa in terms of committed investment volume. ... 1960 - 2019 GDP per capita growth (annual %) ... GDP per capita, PPP (constant 2017 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. Salaries range from 1,280 GHS (lowest average) to 22,600 GHS (highest average, actual maximum salary is higher). The IMF talks of a growth rate of 8.8% in its World Economic Outlook. From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United … More detailed data, including data by product/service and categories of products/services, can be viewed and exported from the "Detailed tables, charts and technical notes" section.
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