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Ghana - Gross domestic product based on purchasing-power-parity in current prices

134.03 (billion international dollars) in 2017

In 2017, GDP based on PPP for Ghana was 134.03 billion international dollars. Between 1998 and 2017, GDP based on PPP of Ghana grew substantially from 30.28 to 134.03 billion international dollars rising at an increasing annual rate that reached a maximum of 16.43 % in 2011 and then decreased to 10.50 % in 2017.

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What is GDP based on PPP?

GDP (PPP based) is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States. A purchasing power parity (PPP) between two countries, A and B, is the ratio of the number of units of country A’s currency needed to purchase in country A the same quantity of a specific good or service as one unit of country B’s currency will purchase in country B. PPPs can be expressed in the currency of either of the countries. In practice, they are usually computed among large numbers of countries and expressed in terms of a single currency, with the U.S. dollar (US$) most commonly used as the base or "numeraire" currency.

What is Ghana GDP based on PPP?

Date Value Change, %
2017 134.03 10.50 %
2016 121.29 4.86 %
2015 115.67 4.95 %
2014 110.22 5.96 %
2013 104.03 9.20 %
2012 95.27 11.39 %
2011 85.53 16.43 %
2010 73.46 9.16 %
2009 67.30 5.64 %
2008 63.70 11.27 %
2007 57.25 7.15 %
2006 53.43