Agriculture Sector Contribution to GDP in Ghana (1990-2022)

Agriculture Sector Contribution to GDP in Ghana (1990-2022)

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TGM StatBox. (2024). Agriculture Sector Contribution to GDP in Ghana (1990-2022). TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: Ghana
Published date: 2024
Note: Agriculture (% of GDP), according to World Development Indicators, measures the contribution of the agricultural sector to a country's Gross Domestic Product (GDP). This metric reflects the economic significance of activities such as farming, forestry, and fishing, indicating the value generated by agriculture relative to the overall economy.
Key Takeaways
Ghana's agriculture sector made a significant contribution to GDP in the 1990s, around 44-45%, but experienced a marked decline to about 19.6% by 2022. The reduction reflects Ghana’s gradual diversification into mining, particularly gold and oil, which have become central to its economic growth. A sharp decrease after 2006 aligns with the growth of these sectors, though agriculture remains critical for employment and food security.

Fluctuations in recent years, with a slight recovery to around 19% in 2020, may reflect government initiatives aimed at boosting agricultural productivity and resilience. Agriculture, though less dominant, continues to play an important role in Ghana's economy, especially in rural regions.

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