As of 2022, the total economic cost of violence in Ghana amounted to three percent of the country's GDP. Compared to the previous year, the violence-related economic damages remained the same. Moreover, in 2017, the economic cost of violence on Ghana's economy was equivalent to two percent of the country's GDP.
Economic cost of violence as a share of Gross Domestic Product (GDP) in Ghana from 2017 to 2022
Characteristic
Cost as share of GDP
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Figures have been obtained from different yearly reports from the same source, namely Global Peace Index (2017, 2019, and 2020), and The Economic Value of Peace (2018).
Annual costs of violence are presented in constant purchasing power parity (PPP) per the same year, except for 2022, which is in PPP 2021.
The source adds the following information:
"The economic cost of violence includes only the direct and indirect costs (of violence)."
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IEP. (September 1, 2023). Economic cost of violence as a share of Gross Domestic Product (GDP) in Ghana from 2017 to 2022 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1233501/economic-cost-of-violence-as-a-share-of-gdp-in-ghana/
IEP. "Economic cost of violence as a share of Gross Domestic Product (GDP) in Ghana from 2017 to 2022." Chart. September 1, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1233501/economic-cost-of-violence-as-a-share-of-gdp-in-ghana/
IEP. (2023). Economic cost of violence as a share of Gross Domestic Product (GDP) in Ghana from 2017 to 2022. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1233501/economic-cost-of-violence-as-a-share-of-gdp-in-ghana/
IEP. "Economic Cost of Violence as a Share of Gross Domestic Product (Gdp) in Ghana from 2017 to 2022." Statista, Statista Inc., 1 Sep 2023, https://www.statista.com/statistics/1233501/economic-cost-of-violence-as-a-share-of-gdp-in-ghana/
IEP, Economic cost of violence as a share of Gross Domestic Product (GDP) in Ghana from 2017 to 2022 Statista, https://www.statista.com/statistics/1233501/economic-cost-of-violence-as-a-share-of-gdp-in-ghana/ (last visited July 22, 2024)
Economic cost of violence as a share of Gross Domestic Product (GDP) in Ghana from 2017 to 2022 [Graph], IEP, September 1, 2023. [Online]. Available: https://www.statista.com/statistics/1233501/economic-cost-of-violence-as-a-share-of-gdp-in-ghana/
