Ghana's gross domestic savings (current LCU) was 144.56 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 360.28% from 31.41 billion in 2014 (16.49% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 144.56 billion | 2024 |
| Five years earlier | 59.62 billion | 2019 |
| Ten years earlier | 31.41 billion | 2014 |
| Highest | 144.56 billion | 2024 |
| Lowest | -894.3 million | 2008 |
| Average since 2015 | 69.3 billion | 2015–2024 |
| First recorded | 14,900 |
What the numbers say
In 2024, Ghana's gross domestic savings (current LCU) rose 62.26 billion on 2023 (from 82.3 billion to 144.56 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +2.74 billion and a typical year strayed about 7.93 billion from that (the standard deviation). This year's change was 7.5 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 62.26 billion in 2024 and the biggest yearly fall was 13.66 billion in 2023. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 9.24 billion a year. A straight line explains 76% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
A straight-line projection, tested first
Extending that straight line gives about 133.97 billion for 2027. We show this only because the same method, fitted on earlier years, predicted 2022 to 2024 better than "no change" would have: its average miss was 24.07 billion, against 40.94 billion for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2024, Ghana had the 8th highest value of the 36 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Ghana in the 2024 ranking
- Angola — 5th of 36: 23.45 trillion
- United States — 6th of 36: 5.41 trillion
- Zambia — 7th of 36: 260.14 billion
- New Zealand — 9th of 36: 94.99 billion
- New Caledonia — 10th of 36: 94.61 billion
- Bhutan — 11th of 36: 73.44 billion
What this measures
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 65 values
| Year | Gross domestic savings (current LCU) |
|---|---|
| 2024 | 144,562,087,186 |
| 2023 | 82,299,088,473 |
| 2022 | 95,962,291,918 |
| 2021 | 66,664,528,500 |
| 2020 | 57,611,404,600 |
| 2019 | 59,620,164,700 |
| 2018 | 63,756,033,600 |
| 2017 | 44,073,595,300 |
| 2016 | 43,842,355,800 |
| 2015 | 34,597,849,600 |
Gross domestic savings (current LCU) in nearby economies
- Angola — 23.45 trillion (2024)
- Benin — 4.69 trillion (2025)
- Botswana — 61.2 billion (2025)
- Burkina Faso — 3.57 trillion (2025)
- Burundi — 5.08 trillion (2025)
- Cabo Verde — 18.04 billion (2025)
- Cameroon — 4.47 trillion (2025)
- Central African Republic — -87.66 billion (2025)
- Chad — 4.13 trillion (2025)
- Comoros — -82.72 billion (2025)
- Congo, Dem. Rep.
More economic policy & debt data for Ghana
- Total reserves, including gold (current US$) — US$12.13 billion (2025)
- Total reserves, excluding gold (current US$) — US$9.51 billion (2025)
- Agriculture, forestry, and fishing, value added (current US$) — US$24.3 billion (2025)
- Agriculture, forestry, and fishing, value added (current LCU) — 305.12 billion (2025)
- Agriculture, forestry, and fishing, value added (% of GDP) — 21.28% (2025)
- GDP (current US$) — US$114.21 billion (2025)
- GDP (current LCU) — 1.43 trillion (2025)
- GDP (constant 2015 US$) — US$79.27 billion (2025)
- GDP (constant LCU) — 209.64 billion (2025)
- GDP per capita (current US$)
Reading data like this
Questions people ask
- What is Ghana's gross domestic savings (current LCU)?
- 144.56 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1960?
- It is up 970.22 million% from 14,900 in 1960 (28.58% a year on average, compounded). The highest value was 144.56 billion in 2024 and the lowest -894.3 million in 2008.
Source
World Bank, World Development Indicators, indicator NY.GDS.TOTL.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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