In 2023, cocoa in Ghana was forecast to contribute 3.15 billion Ghanaian cedis (GHS), around 262.8 million U.S. dollars, to the country's Gross Domestic Product (GDP). The value was measured at 3.1 billion GHS (roughly 258.6 million U.S. dollars) in 2021. Furthermore, the agricultural product was expected to account for 3.75 billion GHS (around 312.9 million U.S. dollars) of the country's GDP by 2027, the highest contribution within the period observed. Overall, in the 2021/2022 crop season, an estimated 689,000 metric tons of cocoa beans were produced in Ghana.
Contribution of cocoa to the Gross Domestic Product (GDP) in Ghana from 2014 to 2027
(in billion Ghanaian cedis)
Characteristic
GDP in billion Ghanaian cedis
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Ministry of Finance Ghana. (November 15, 2023). Contribution of cocoa to the Gross Domestic Product (GDP) in Ghana from 2014 to 2027 (in billion Ghanaian cedis) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1235774/contribution-from-cocoa-sector-to-gdp-in-ghana/
Ministry of Finance Ghana. "Contribution of cocoa to the Gross Domestic Product (GDP) in Ghana from 2014 to 2027 (in billion Ghanaian cedis)." Chart. November 15, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1235774/contribution-from-cocoa-sector-to-gdp-in-ghana/
Ministry of Finance Ghana. (2023). Contribution of cocoa to the Gross Domestic Product (GDP) in Ghana from 2014 to 2027 (in billion Ghanaian cedis). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1235774/contribution-from-cocoa-sector-to-gdp-in-ghana/
Ministry of Finance Ghana. "Contribution of Cocoa to The Gross Domestic Product (Gdp) in Ghana from 2014 to 2027 (in Billion Ghanaian Cedis)." Statista, Statista Inc., 15 Nov 2023, https://www.statista.com/statistics/1235774/contribution-from-cocoa-sector-to-gdp-in-ghana/
Ministry of Finance Ghana, Contribution of cocoa to the Gross Domestic Product (GDP) in Ghana from 2014 to 2027 (in billion Ghanaian cedis) Statista, https://www.statista.com/statistics/1235774/contribution-from-cocoa-sector-to-gdp-in-ghana/ (last visited July 22, 2024)
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]. Available: https://www.statista.com/statistics/1235774/contribution-from-cocoa-sector-to-gdp-in-ghana/