Ilo national vs modeled data, annual growth rate in Ghana

Ghana: Ilo national vs modeled data, annual growth rate was 22.4 % change on previous year in 2024. ◆ Volatile

Latest (2024)
22.4 % change on previous year
Change on year
up 71.5%
World rank
13th
of 140 countries
All-time high
34.71 % change on previous year
in 1992
All-time low
-10.17 % change on previous year
in 2022
Years of data
6
1992–2024

Ilo national vs modeled data, annual growth rate in Ghana, 1992–2024

-1001020301992200820241992: 34.7 % change on previous year1999: 23.2 % change on previous year2000: 3.5 % change on previous year2022: -10.2 % change on previous year2023: 13.1 % change on previous year2024: 22.4 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Ghana recorded 22.4 % change on previous year for ilo national vs modeled data, annual growth rate in 2024.

The figure is up 71.5% on the previous year.

Over the whole period, ilo national vs modeled data, annual growth rate in Ghana peaked at 34.71 % change on previous year in 1992 and was at its lowest, -10.17 % change on previous year, in 2022.

Ghana ranks 13th of 140 countries on this measure, in the top 10%.

Ilo national vs modeled data, annual growth rate in Ghana, year by year

Annual values for Ilo national vs modeled data, annual growth rate in Ghana, 1992 to 2024.
Year % change on previous year Change
1992 34.71 % change on previous year —
1999 23.17 % change on previous year -33.2%
2000 3.52 % change on previous year -84.8%
2022 -10.17 % change on previous year -388.6%
2023 13.07 % change on previous year -228.5%
2024 22.4 % change on previous year +71.5%

Ghana compared with similar countries

  • Ghana's 22.4 % change on previous year is above the median for lower middle income countries, which is -1.27 % change on previous year. (23 countries reporting)
  • Ghana's 22.4 % change on previous year is above the median for Sub-Saharan Africa, which is -4.84 % change on previous year. (14 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 28.94 % change on previous year 23.17 % change on previous year 34.71 % change on previous year 2
2000s 3.52 % change on previous year 3.52 % change on previous year 3.52 % change on previous year 1
2020s 8.43 % change on previous year -10.17 % change on previous year 22.4 % change on previous year 3

Countries ranked near Ghana

  1. 10 Macao 46.94 % change on previous year compare
  2. 11 Faroe Islands 33.31 % change on previous year compare
  3. 12 Iceland 26.48 % change on previous year compare
  4. 14 Hong Kong 22.22 % change on previous year compare
  5. 15 Yemen 21.84 % change on previous year compare
  6. 16 Trinidad and Tobago 19.19 % change on previous year compare

See the full ranking of 140 places →

More reference data data for Ghana

All data for Ghana →

Frequently asked questions

What is ilo national vs modeled data, annual growth rate in Ghana?
Ilo national vs modeled data, annual growth rate in Ghana was 22.4 % change on previous year in 2024, according to Statizoid (derived).
What is the highest ilo national vs modeled data, annual growth rate recorded in Ghana?
The highest recorded value was 34.71 % change on previous year in 1992.
What is the lowest ilo national vs modeled data, annual growth rate recorded in Ghana?
The lowest recorded value was -10.17 % change on previous year in 2022.
How does Ghana rank for ilo national vs modeled data, annual growth rate?
Ghana ranks 13th out of 140 countries with data for 2024.
Where does this Ghana data come from?
The figures come from Statizoid (derived), published as part of Ilo national vs modeled data, annual growth rate. Statizoid updates them automatically from the source API.

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Ilo national vs modeled data, annual growth rate in Ghana. Statizoid, drawing on Statizoid (derived). Retrieved 14 November 2026, from https://reference.statizoid.com/stat/ilo-national-vs-modeled-data-annual-growth-rate/ghana/

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How this figure is calculated

The year-on-year percentage change in Ilo national vs modeled data. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Ilo national vs modeled data, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
140 places, 4,358 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Ilo national vs modeled data. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.