Ghana - Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Ghana was 59,344,020,000 as of 2020. As the graph below shows, over the past 14 years this indicator reached a maximum value of 61,537,280,000 in 2019 and a minimum value of 18,839,160,000 in 2006.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2006 18,839,160,000
2007 19,985,430,000
2008 22,997,250,000
2009 24,029,090,000
2010 25,698,490,000
2011 36,399,280,000
2012 40,419,070,000
2013 42,434,190,000
2014 42,914,100,000
2015 43,408,170,000
2016 45,284,560,000
2017 52,355,490,000
2018 57,854,380,000
2019 61,537,280,000
2020 59,344,020,000

Base Period: varies by country

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts