Gross savings in Ghana
Ghana: Gross savings was 10.32 billion current US$ in 2024. ◆ Volatile
Gross savings in Ghana, 1975–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross savings in Ghana is 10.32 billion current US$, measured in 2024.
Compared with earlier readings it is up 38.9% on the previous year and up 3.5% over ten years.
Over the whole period, gross savings in Ghana peaked at 13.45 billion current US$ in 2018 and was at its lowest, 172.71 million current US$, in 1983.
Ghana ranks 92nd of 177 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 308.87 million current US$ | 198.08 million current US$ | 405.69 million current US$ | 5 |
| 1980s | 347.69 million current US$ | 172.71 million current US$ | 598.98 million current US$ | 10 |
| 1990s | 883.68 million current US$ | 444.80 million current US$ | 1.35 billion current US$ | 10 |
| 2000s | 1.82 billion current US$ | 760.67 million current US$ | 3.64 billion current US$ | 10 |
| 2010s | 8.07 billion current US$ | 1.53 billion current US$ | 13.45 billion current US$ | 10 |
| 2020s | 9.76 billion current US$ | 7.43 billion current US$ | 10.63 billion current US$ | 5 |
Countries ranked near Ghana
More economy & growth data for Ghana
- DEC alternative conversion factor 12.56 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 12.07 billion current LCU (2017)
- Net secondary income (Net current transfers from abroad) 2.77 billion current US$ (2017)
- Taxes less subsidies on products 94.62 billion current LCU (2025)
- Taxes less subsidies on products 7.54 billion current US$ (2025)
- Net primary income (Net income from abroad) -87.71 billion current LCU (2025)
- Net primary income (Net income from abroad) -6.99 billion current US$ (2025)
- GNI per capita 38,398 current LCU (2025)
- GNI per capita, Atlas method 2,630 current US$ (2025)
- GNI 1.35 trillion current LCU (2025)
Frequently asked questions
- What is gross savings in Ghana?
- Gross savings in Ghana was 10.32 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Ghana?
- The highest recorded value was 13.45 billion current US$ in 2018.
- What is the lowest gross savings recorded in Ghana?
- The lowest recorded value was 172.71 million current US$ in 1983.
- How does Ghana rank for gross savings?
- Ghana ranks 92nd out of 177 countries with data for 2024.
- Is gross savings rising or falling in Ghana?
- Over the last ten years it is up 3.5%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.