Mineral rents (% of GDP) in Ghana
Ghana: Mineral rents (% of GDP) was 5.2% in 2021. ◆ Volatile
Mineral rents in Ghana, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
Ghana recorded 5.2% for mineral rents in 2021.
The figure is up 130.8% on the previous year and down 5.9% over ten years.
Over the whole period, mineral rents in Ghana peaked at 5.5% in 2011 and was at its lowest, 0.1%, in 1973.
Ghana ranks 23rd of 214 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Mineral rents (% of GDP) in Ghana, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.1% | — |
| 1971 | 0.1% | -12.8% |
| 1972 | 0.1% | +20.0% |
| 1973 | 0.1% | -18.4% |
| 1974 | 0.6% | +454.4% |
| 1975 | 0.2% | -64.1% |
| 1976 | 0.2% | -17.7% |
| 1977 | 0.2% | +13.4% |
| 1978 | 0.2% | +3.4% |
| 1979 | 0.8% | +301.9% |
| 1980 | 2.9% | +264.2% |
| 1981 | 1.8% | -38.7% |
| 1982 | 1.1% | -36.4% |
| 1983 | 1.3% | +15.4% |
| 1984 | 0.9% | -33.6% |
| 1985 | 0.7% | -20.6% |
| 1986 | 0.6% | -12.3% |
| 1987 | 1.1% | +79.8% |
| 1988 | 1.0% | -5.7% |
| 1989 | 0.8% | -22.9% |
| 1990 | 0.8% | -4.1% |
| 1991 | 1.7% | +126.3% |
| 1992 | 1.6% | -9.9% |
| 1993 | 2.5% | +62.1% |
| 1994 | 4.0% | +57.3% |
| 1995 | 1.2% | -69.3% |
| 1996 | 2.6% | +114.2% |
| 1997 | 1.8% | -31.4% |
| 1998 | 1.7% | -4.6% |
| 1999 | 1.3% | -23.6% |
| 2000 | 3.0% | +130.5% |
| 2001 | 2.7% | -11.8% |
| 2002 | 3.0% | +10.4% |
| 2003 | 1.2% | -58.8% |
| 2004 | 0.9% | -22.2% |
| 2005 | 1.7% | +76.4% |
| 2006 | 2.1% | +27.6% |
| 2007 | 2.2% | +1.3% |
| 2008 | 2.1% | -3.6% |
| 2009 | 2.9% | +41.3% |
| 2010 | 3.9% | +34.5% |
| 2011 | 5.5% | +39.0% |
| 2012 | 4.8% | -12.2% |
| 2013 | 3.0% | -38.7% |
| 2014 | 3.2% | +7.1% |
| 2015 | 2.4% | -25.4% |
| 2016 | 1.2% | -48.1% |
| 2017 | 1.8% | +45.8% |
| 2018 | 1.7% | -3.5% |
| 2019 | 2.1% | +19.1% |
| 2020 | 2.2% | +9.1% |
| 2021 | 5.2% | +130.8% |
Ghana compared with similar countries
- Ghana's 5.2% is above the median for lower middle income countries, which is 0.0%, 645.0× the median. (47 countries reporting)
- Ghana's 5.2% is above the median for Sub-Saharan Africa, which is 0.0%, 484.2× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Mineral rents (% of GDP) in Ghana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +454.4% | 0.1% | 0.6% |
| 1979 | +301.9% | 0.2% | 0.8% |
| 1980 | +264.2% | 0.8% | 2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.3% | 0.1% | 0.8% | 10 |
| 1980s | 1.2% | 0.6% | 2.9% | 10 |
| 1990s | 1.9% | 0.8% | 4.0% | 10 |
| 2000s | 2.2% | 0.9% | 3.0% | 10 |
| 2010s | 3.0% | 1.2% | 5.5% | 10 |
| 2020s | 3.7% | 2.2% | 5.2% | 2 |
Countries ranked near Ghana
More energy & mining data for Ghana
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 5.27 % change on previous year (2024)
- Coal consumption, per capita 0 terawatt-hours per person (2024)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per capita 0 terawatt-hours per person (2024)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fuel imports 25.7% (2025)
Frequently asked questions
- What is mineral rents in Ghana?
- Mineral rents in Ghana was 5.2% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest mineral rents recorded in Ghana?
- The highest recorded value was 5.5% in 2011.
- What is the lowest mineral rents recorded in Ghana?
- The lowest recorded value was 0.1% in 1973.
- How does Ghana rank for mineral rents?
- Ghana ranks 23rd out of 214 countries with data for 2021.
- Is mineral rents rising or falling in Ghana?
- Over the last ten years it is down 5.9%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from The Changing Wealth of Nations, World Bank (WB), published as part of Mineral rents (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Mineral rents are the difference between the value of production for a stock of minerals at world prices and their total costs of production. Minerals included in the calculation are tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate.