Ghana's gross savings (current LCU) was 146.54 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 406.28% from 28.94 billion in 2014 (17.61% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 146.54 billion | 2024 |
| Five years earlier | 62.71 billion | 2019 |
| Ten years earlier | 28.94 billion | 2014 |
| Highest | 146.54 billion | 2024 |
| Lowest | 57,221 | 1976 |
| Average since 2015 | 67.74 billion | 2015–2024 |
| First recorded | 76,270 |
What the numbers say
In 2024, Ghana's gross savings (current LCU) rose 78.9% on 2023 (from 81.9 billion to 146.54 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +44.7% and a typical year strayed about 83.8% from that (the standard deviation). This year's change was 0.4 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 376.7% in 2013 and the biggest yearly fall was 53.1% in 2007. 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 8.83 billion a year. A straight line explains 71% 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.
How it compares
In 2024, Ghana had the 23rd highest value of the 48 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
- Macao SAR, China — 20th of 48: 190.11 billion
- Kyrgyz Republic — 21st of 48: 189.08 billion
- Mauritania — 22nd of 48: 148.78 billion
- Mauritius — 24th of 48: 146.35 billion
- Djibouti — 25th of 48: 109.67 billion
- Zimbabwe — 26th of 48: 88.06 billion
What this measures
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 series is expressed in local currency units.
All 50 values
| Year | Gross savings (current LCU) |
|---|---|
| 2024 | 146,536,343,818 |
| 2023 | 81,897,211,871 |
| 2022 | 83,016,278,733 |
| 2021 | 60,703,420,554 |
| 2020 | 59,492,629,574 |
| 2019 | 62,714,606,585 |
| 2018 | 61,717,913,285 |
| 2017 | 41,682,374,066 |
| 2016 | 40,923,990,421 |
| 2015 | 38,723,500,271 |
| 2014 |
Gross savings (current LCU) in nearby economies
- Angola — 16.51 trillion (2024)
- Benin — 3.61 trillion (2023)
- Botswana — 76.02 billion (2025)
- Burkina Faso — 2.23 trillion (2024)
- Burundi — 7.73 trillion (2025)
- Cabo Verde — 63.24 billion (2025)
- Cameroon — 5.02 trillion (2024)
- Comoros — 80.36 billion (2023)
- Congo, Dem. Rep. — 69.91 trillion (2025)
- Congo, Rep. — 2.6 trillion (2021)
- Côte d'Ivoire — 9.06 trillion (2024)
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 savings (current LCU)?
- 146.54 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1975?
- It is up 192.13 million% from 76,270 in 1975 (34.35% a year on average, compounded). The highest value was 146.54 billion in 2024 and the lowest 57,221 in 1976.
- How does Ghana rank?
- 23rd highest of 48 economies with data for 2024.
- Is the latest change in gross savings (current LCU) unusual for Ghana?
- In 2024, Ghana's gross savings (current LCU) rose 78.9% on 2023 (from 81.9 billion to 146.54 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was +44.7% and a typical year strayed about 83.8% from that (the standard deviation). This year's change was 0.4 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.GNS.ICTR.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; 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.
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