Oil reserves, per unit of GDP in Ghana
Ghana: Oil reserves, per unit of GDP was 0.0013 cubic meters per US$ of GDP in 2021. ◆ Volatile
Oil reserves, per unit of GDP in Ghana, 1980–2021
Source: Statizoid (derived). Measured in cubic meters per US$ of GDP.
Analysis
In 2021, oil reserves, per unit of gdp in Ghana stood at 0.0013 cubic meters per US$ of GDP.
That represents a change of down 12.0% on the previous year and down 50.5% over ten years.
Over the whole period, oil reserves, per unit of gdp in Ghana peaked at 0.0027 cubic meters per US$ of GDP in 2011 and was at its lowest, 0 cubic meters per US$ of GDP, in 1991.
Ghana ranks 36th of 198 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Oil reserves, per unit of GDP in Ghana, year by year
| Year | cubic meters per US$ of GDP | Change |
|---|---|---|
| 1980 | 0.0003 cubic meters per US$ of GDP | — |
| 1981 | 0.0002 cubic meters per US$ of GDP | -5.3% |
| 1982 | 0.0001 cubic meters per US$ of GDP | -61.6% |
| 1983 | 0.0002 cubic meters per US$ of GDP | +132.5% |
| 1984 | 0.0001 cubic meters per US$ of GDP | -35.3% |
| 1985 | 0.0001 cubic meters per US$ of GDP | -2.0% |
| 1986 | 0.0001 cubic meters per US$ of GDP | -21.5% |
| 1987 | 0.0001 cubic meters per US$ of GDP | -30.1% |
| 1988 | 0 cubic meters per US$ of GDP | -58.5% |
| 1989 | 0 cubic meters per US$ of GDP | -1.0% |
| 1990 | 0 cubic meters per US$ of GDP | -10.8% |
| 1991 | 0 cubic meters per US$ of GDP | -55.4% |
| 1992 | 0 cubic meters per US$ of GDP | +2.9% |
| 1993 | 0 cubic meters per US$ of GDP | +7.5% |
| 1994 | 0 cubic meters per US$ of GDP | +9.6% |
| 1995 | 0 cubic meters per US$ of GDP | -15.7% |
| 1996 | 0.0004 cubic meters per US$ of GDP | +2883.7% |
| 1997 | 0.0004 cubic meters per US$ of GDP | +3.8% |
| 1998 | 0.0004 cubic meters per US$ of GDP | -7.9% |
| 1999 | 0.0003 cubic meters per US$ of GDP | -3.1% |
| 2000 | 0.0005 cubic meters per US$ of GDP | +54.9% |
| 2001 | 0.0005 cubic meters per US$ of GDP | -6.2% |
| 2002 | 0.0004 cubic meters per US$ of GDP | -13.8% |
| 2003 | 0.0003 cubic meters per US$ of GDP | -19.2% |
| 2004 | 0.0003 cubic meters per US$ of GDP | -14.1% |
| 2005 | 0.0002 cubic meters per US$ of GDP | -17.3% |
| 2006 | 0.0001 cubic meters per US$ of GDP | -48.6% |
| 2007 | 0.0001 cubic meters per US$ of GDP | -23.5% |
| 2008 | 0.0001 cubic meters per US$ of GDP | -13.4% |
| 2009 | 0.0001 cubic meters per US$ of GDP | +10.1% |
| 2010 | 0.0001 cubic meters per US$ of GDP | -19.1% |
| 2011 | 0.0027 cubic meters per US$ of GDP | +3501.5% |
| 2012 | 0.0025 cubic meters per US$ of GDP | -4.7% |
| 2013 | 0.0017 cubic meters per US$ of GDP | -34.3% |
| 2014 | 0.0019 cubic meters per US$ of GDP | +14.9% |
| 2015 | 0.0021 cubic meters per US$ of GDP | +10.6% |
| 2016 | 0.0019 cubic meters per US$ of GDP | -11.9% |
| 2017 | 0.0017 cubic meters per US$ of GDP | -7.0% |
| 2018 | 0.0016 cubic meters per US$ of GDP | -10.2% |
| 2019 | 0.0015 cubic meters per US$ of GDP | -1.6% |
| 2020 | 0.0015 cubic meters per US$ of GDP | -2.4% |
| 2021 | 0.0013 cubic meters per US$ of GDP | -12.0% |
Biggest year-on-year movements
Years where Oil reserves, per unit 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 |
|---|---|---|---|
| 2011 | +3501.5% | 0.0001 cubic meters per US$ of GDP | 0.0027 cubic meters per US$ of GDP |
| 1996 | +2883.7% | 0 cubic meters per US$ of GDP | 0.0004 cubic meters per US$ of GDP |
| 1983 | +132.5% | 0.0001 cubic meters per US$ of GDP | 0.0002 cubic meters per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0001 cubic meters per US$ of GDP | 0 cubic meters per US$ of GDP | 0.0003 cubic meters per US$ of GDP | 10 |
| 1990s | 0.0002 cubic meters per US$ of GDP | 0 cubic meters per US$ of GDP | 0.0004 cubic meters per US$ of GDP | 10 |
| 2000s | 0.0003 cubic meters per US$ of GDP | 0.0001 cubic meters per US$ of GDP | 0.0005 cubic meters per US$ of GDP | 10 |
| 2010s | 0.0018 cubic meters per US$ of GDP | 0.0001 cubic meters per US$ of GDP | 0.0027 cubic meters per US$ of GDP | 10 |
| 2020s | 0.0014 cubic meters per US$ of GDP | 0.0013 cubic meters per US$ of GDP | 0.0015 cubic meters per US$ of GDP | 2 |
Countries ranked near Ghana
- 33 Malaysia 0.0015 cubic meters per US$ of GDP compare
- 34 Tunisia 0.0014 cubic meters per US$ of GDP compare
- 35 Albania 0.0013 cubic meters per US$ of GDP compare
- 37 Egypt 0.0012 cubic meters per US$ of GDP compare
- 38 Brazil 0.0012 cubic meters per US$ of GDP compare
- 39 Uzbekistan 0.0012 cubic meters per US$ of GDP compare
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 32.1% (2023)
Frequently asked questions
- What is oil reserves, per unit of gdp in Ghana?
- Oil reserves, per unit of gdp in Ghana was 0.0013 cubic meters per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest oil reserves, per unit of gdp recorded in Ghana?
- The highest recorded value was 0.0027 cubic meters per US$ of GDP in 2011.
- What is the lowest oil reserves, per unit of gdp recorded in Ghana?
- The lowest recorded value was 0 cubic meters per US$ of GDP in 1991.
- How does Ghana rank for oil reserves, per unit of gdp?
- Ghana ranks 36th out of 198 countries with data for 2021.
- Is oil reserves, per unit of gdp rising or falling in Ghana?
- Over the last ten years it is down 50.5%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Statizoid (derived), published as part of Oil reserves, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 42 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Oil reserves divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Oil reserves ÷ GDP (current US$)
Computed from
- Oil reserves U.S. Energy Information Administration (2022) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Oil reserves divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.