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

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

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TGM StatBox. (2024). Services Sector Contribution to GDP in Ghana (1990-2022). TGM StatBox.
Chart Details
Data Source: World Development Indicators.
Timeframe: 1990-2022
Country: Ghana
Published date: 2024
Note: Services (% of GDP), according to World Development Indicators, measures the contribution of the services sector (such as retail, finance, healthcare, and tourism) to a country's GDP.
Key Takeaways
Ghana's services sector contribution increased notably post-2006, reaching 45.3% in 2021 from just 27.5% in 1993. Growth was spurred by financial services and telecommunication expansion, reflecting robust economic reforms. The slight decline to 42% in 2022 may reflect global economic shifts impacting export-driven services.

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