Labor share of gdp in Ghana
Ghana: Labor share of gdp was 42.4 in 2020. ▲ Rising
Latest (2020)
42.4
Change on year
up 1.9%
World rank
133rd
of 187 countries
All-time high
42.4
in 2020
All-time low
37.2
in 2011
Years of data
17
2004–2020
Labor share of gdp in Ghana, 2004–2020
Source: Our World in Data.
Analysis
In 2020, labor share of gdp in Ghana stood at 42.4. That is the highest value across all 17 years on record.
That represents a change of up 1.9% on the previous year and up 8.4% over ten years.
Over the whole period, labor share of gdp in Ghana peaked at 42.4 in 2020 and was at its lowest, 37.2, in 2011.
Ghana ranks 133rd of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Labor share of gdp in Ghana, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 39.9 | — |
| 2005 | 39.8 | -0.3% |
| 2006 | 39.6 | -0.5% |
| 2007 | 40.2 | +1.5% |
| 2008 | 38.8 | -3.5% |
| 2009 | 40 | +3.1% |
| 2010 | 39.1 | -2.2% |
| 2011 | 37.2 | -4.9% |
| 2012 | 38.6 | +3.8% |
| 2013 | 39.1 | +1.3% |
| 2014 | 40.8 | +4.3% |
| 2015 | 41.3 | +1.2% |
| 2016 | 41.8 | +1.2% |
| 2017 | 41.2 | -1.4% |
| 2018 | 41.7 | +1.2% |
| 2019 | 41.6 | -0.2% |
| 2020 | 42.4 | +1.9% |
Ghana compared with similar countries
- Ghana's 42.4 is below the median for lower middle income countries, which is 44.95, 94% of the median. (46 countries reporting)
- Ghana's 42.4 is above the median for Sub-Saharan Africa, which is 42.4, 1.0× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 39.72 | 38.8 | 40.2 | 6 |
| 2010s | 40.24 | 37.2 | 41.8 | 10 |
| 2020s | 42.4 | 42.4 | 42.4 | 1 |
Countries ranked near Ghana
More work & labour data for Ghana
- Population - Est. & Proj. — Total Population - Both sexes, annual 0.1512 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth 0.1464 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth 0.1562 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -0.2734 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.99 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 37,518 1000 No (2050)
- Population - Est. & Proj. — Rural population 13,752 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 34,429 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 33,119 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 67,548 1000 No (2100)
Frequently asked questions
- What is labor share of gdp in Ghana?
- Labor share of gdp in Ghana was 42.4 in 2020, according to Our World in Data.
- What is the highest labor share of gdp recorded in Ghana?
- The highest recorded value was 42.4 in 2020.
- What is the lowest labor share of gdp recorded in Ghana?
- The lowest recorded value was 37.2 in 2011.
- How does Ghana rank for labor share of gdp?
- Ghana ranks 133rd out of 187 countries with data for 2020.
- Is labor share of gdp rising or falling in Ghana?
- Over the last ten years it is up 8.4%. The long-run trend across the full record is rising.
- Where does this Ghana data come from?
- The figures come from Our World in Data, published as part of Labor share of gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).