Industry Statistics
The Minerals Commission of Ghana is the Government agency with the primary responsibility of developing and coordinating mineral sector policies and monitoring their implementation.
THE MINING SECTOR IN GHANA
The mining sector is one of Ghana's biggest contributors to Gross Domestic Product (GDP), contributing 5.0% as at the end of 2021. This translates into the sub-sector's nominal GDP of GHS 42.72 billion and real GDP of GHS 21.74 billion. GDP growth for the Mining and Quarrying
Ghana's mining sector: its contribution to the national economy
The fairly low contribution of Ghana's mining sector to GDP confirms that while mining is important, the country's dependence on the sector is either comparable or lower than a number of other mining countries, …
Ghana GDP
The Gross Domestic Product (GDP) in Ghana was worth 76.37 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Ghana represents 0.07 percent of the world economy. ... GDP from Mining 6310.70: 6781.11: GHS Million: Mar 2024: GDP from Public Administration 1777.00: 2049.11: GHS Million: Mar 2024: GDP …
Ghana's mining sector: its contribution to the national economy
The fairly low contribution of Ghana's mining sector to GDP confirms that while mining is important, the country's dependence on the sector is either comparable or lower than a number of other mining countries, especially those other Third World countries.
GHANA CHAMBER OF MINES PERFORMANCE OF THE …
ntribution to the minerals sector's GDP increased from 4.3 per cent in 2021 to 7.5 per cent in 2022. The equivalent contribution of manganese, bauxite, and diamond production to …
The impact of mining foreign direct investment on economic growth in Ghana
This paper investigates the impact of mining foreign direct investment on economic growth in Ghana using quarterly time series data from 1996–2015. The study employs the Autoregressive Distributed ...
Why Ghana's industrial minerals and lithium are forecast for …
Underscoring the mineral's importance to the economy, in 2020 gold accounted for GHS7.8bn ($1.3bn) of GDP, or 71% of mining's contribution. The segment is a key export, accounting for $6.8bn of Ghana's $14.6bn in merchandise exports that year.
Share of economic sectors in the GDP in Ghana 2022
This statistic shows the share of economic sectors in the gross domestic product (GDP) in Ghana from 2012 to 2022.
THE MINING SECTOR IN GHANA
The mining sector is one of Ghana's biggest contributors to Gross Domestic Product (GDP), contributing 5.0% as at the end of 2021. This translates into the sub …
Ghana's mining output benefits from increased investment …
Ghana is one of the world's top-10 gold producers and the second largest in Africa. As such, the mining industry is a major economic driving force: it is the biggest single contributor to government revenues and a leading source of export earnings. A wave of investments in recent years has boosted production and improved cost
Contribution Minerals and Mining Sector to National Development: Ghana
Contribution of mining to Ghana's economy. With a reasonably well-known and attractive mineral resource base, significant mining investment has been attracted into the country over some 20 years of stable multi-party democracy. The mining sector has therefore been an important part of our economy, with gold accounting for …
Ghana: quarterly contribution of mining to GDP 2019-2023
In the second quarter of 2023, the mining and quarrying sector in Ghana contributed around 5.8 billion Ghanaian cedis (GHS), roughly 482.2 million U.S. dollars, …
Mining industry in Ghana
Quarterly contribution of the mining industry to GDP in Ghana 2019-2023 ... Contribution of the mining industry to GDP in Ghana from 1st quarter 2019 to 2nd quarter 2023 (in million...
2021 PERFORMANCE REPORT OF THE MINING …
As expected, the industrial sector's contribution to GDP pared by 1.7 percentage points, from 31.8 per cent in 2020 to 30.1 per cent in 2021. This was primarily attributable to a …
Ghana: contribution of cocoa to GDP 2014-2027 | Statista
Contribution of cocoa to the Gross Domestic Product (GDP) in Ghana from 2014 to 2027 (in billion Ghanaian cedis) [Graph], Ministry of Finance Ghana, November 15, 2023. [Online].
Ghana: contribution of tourism to GDP 2019-2023 | Statista
Contribution of travel and tourism to Gross Domestic Product (GDP) in Ghana 2019-2023 The most important statistics Direct contribution of travel and tourism to employment in Africa 2019, by country
Illegal Mining Threatens Ghana Cocoa Harvest
ACCRA-Ghana, the world's second biggest cocoa producer, faces a growing risk to its harvest -- and blow to its crisis-hit economy -- from illegal mining and smugglers, industry officials, farmers and activists warn.
annual report 2019
With regard to contribution to GDP, the services sector consolidated its position as the largest economic activity in the country. Its share improved from 46.3 per cent in 2018 to 47.2 per cent in 2019. Similarly, the contribution of industrial sector to GDP increased marginally from 34.0 per cent in 2018 to 34.2 per cent in 2019.
Ghana's mining sector: Its contribution to the national economy
Download Citation | Ghana's mining sector: Its contribution to the national economy | With the inception of an Economic Recovery Programme (ERP) by the government in 1983, Ghana's minerals and ...
Ghana: revenue from gold | Statista
Quarterly contribution of the mining industry to GDP in Ghana 2019-2023 Mineral rents as a share of GDP in Ghana 2010-2021 Government income from gold in Ghana 2009-2022
Mining, from The Report: Ghana 2022
Mining is a key component of Ghana's national economy; the country is Africa's largest gold producer. The Covid-19 pandemic highlighted the mineral's prominent role, as gold is seen as a safe investment during uncertain times. While the mining sector faces challenges in terms of modernising practices, diversification efforts are forging ahead.
Illegal mining, smuggling threaten Ghana's cocoa industry
Ghana, the world's second biggest cocoa producer, faces a growing risk to its harvest — and blow to its crisis-hit economy — from illegal mining and smugglers, industry officials, farmers ...
Ghana's mining sector: its contribution to the national economy
The third section puts the sector's contribution to the national economy into an international context, comparing Ghana with selected key mining countries.; and • The fourth section reviews the economic sustainability of Ghana's mining sector in the light of the "Dutch Disease" and/or "Resource Curse Thesis".
Ghana GDP 1960-2024 | MacroTrends
GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. …
(PDF) Large scale mining in Ghana: A review of the
Despite its contribution to the economy, mining in Ghana has been a subject of debate in the past few years due to its diverse impacts on the host communities. This study therefore conducted a ...
Industry Statistics
Data statistics on Mining Contributions to GDP from 2013-2019
Ghana: annual contributions of mining to GDP 2013-2020
In 2020, the mining industry in Ghana contributed nearly 11 billion Ghanaian cedis (GHS), roughly 1.8 billion U.S. dollars, to the country's Gross Domestic Product (GDP).
Ghana GDP Annual Growth Rate
The Gross Domestic Product (GDP) in Ghana expanded 4.70 percent in the first quarter of 2024 over the same quarter of the previous year. This page provides the latest reported value for - Ghana GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey …
Political Economy of the Mining Sector in Ghana
Political Economy of the Mining Sector in Ghana Joseph Ayee, Tina Søreide, G. P. Shukla, and Tuan Minh Le1 Joseph Ayee is Professor and Deputy Vice-Chancellor, University of KwaZulu-Natal, South Africa; Tina Søreide is an