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

Latest (2021)
0.0013 cubic meters per US$ of GDP
Change on year
down 12.0%
World rank
36th
of 198 countries
All-time high
0.0027 cubic meters per US$ of GDP
in 2011
All-time low
0 cubic meters per US$ of GDP
in 1991
Years of data
42
1980–2021

Oil reserves, per unit of GDP in Ghana, 1980–2021

00.0010.0020.0031980200020211980: 0 cubic meters per US$ of GDP1981: 0 cubic meters per US$ of GDP1982: 0 cubic meters per US$ of GDP1983: 0 cubic meters per US$ of GDP1984: 0 cubic meters per US$ of GDP1985: 0 cubic meters per US$ of GDP1986: 0 cubic meters per US$ of GDP1987: 0 cubic meters per US$ of GDP1988: 0 cubic meters per US$ of GDP1989: 0 cubic meters per US$ of GDP1990: 0 cubic meters per US$ of GDP1991: 0 cubic meters per US$ of GDP1992: 0 cubic meters per US$ of GDP1993: 0 cubic meters per US$ of GDP1994: 0 cubic meters per US$ of GDP1995: 0 cubic meters per US$ of GDP1996: 0 cubic meters per US$ of GDP1997: 0 cubic meters per US$ of GDP1998: 0 cubic meters per US$ of GDP1999: 0 cubic meters per US$ of GDP2000: 0.001 cubic meters per US$ of GDP2001: 0 cubic meters per US$ of GDP2002: 0 cubic meters per US$ of GDP2003: 0 cubic meters per US$ of GDP2004: 0 cubic meters per US$ of GDP2005: 0 cubic meters per US$ of GDP2006: 0 cubic meters per US$ of GDP2007: 0 cubic meters per US$ of GDP2008: 0 cubic meters per US$ of GDP2009: 0 cubic meters per US$ of GDP2010: 0 cubic meters per US$ of GDP2011: 0.003 cubic meters per US$ of GDP2012: 0.003 cubic meters per US$ of GDP2013: 0.002 cubic meters per US$ of GDP2014: 0.002 cubic meters per US$ of GDP2015: 0.002 cubic meters per US$ of GDP2016: 0.002 cubic meters per US$ of GDP2017: 0.002 cubic meters per US$ of GDP2018: 0.002 cubic meters per US$ of GDP2019: 0.002 cubic meters per US$ of GDP2020: 0.001 cubic meters per US$ of GDP2021: 0.001 cubic meters per US$ of GDP

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

Annual values for Oil reserves, per unit of GDP in Ghana, 1980 to 2021.
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%

Averages by decade

DecadeAverage LowestHighest 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

  1. 33 Malaysia 0.0015 cubic meters per US$ of GDP compare
  2. 34 Tunisia 0.0014 cubic meters per US$ of GDP compare
  3. 35 Albania 0.0013 cubic meters per US$ of GDP compare
  4. 37 Egypt 0.0012 cubic meters per US$ of GDP compare
  5. 38 Brazil 0.0012 cubic meters per US$ of GDP compare
  6. 39 Uzbekistan 0.0012 cubic meters per US$ of GDP compare

See the full ranking of 198 places →

More energy & mining data for Ghana

All data for Ghana →

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.

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Oil reserves, per unit of GDP in Ghana. Statizoid, drawing on Statizoid (derived). Retrieved 24 August 2026, from https://energy.statizoid.com/stat/oil-reserves-per-unit-of-gdp/ghana/

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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

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
Oil reserves, per unit of GDP
Unit
cubic meters per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
198 places, 7,375 data points, 1980–2021
Last refreshed

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.