Cocoa beans — Gross Production Value in Ghana
Ghana: Cocoa beans — Gross Production Value was 557,766 1000 USD in 2024. ▲ Rising
Latest (2024)
557,766 1000 USD
Change on year
down 18.9%
World rank
4th
of 34 countries
All-time high
1.10 million 1000 USD
in 2021
All-time low
175,433 1000 USD
in 1984
Years of data
64
1961–2024
Cocoa beans — Gross Production Value in Ghana, 1961–2024
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.
Analysis
In 2024, cocoa beans — gross production value in Ghana stood at 557,766 1000 USD.
The figure is down 18.9% on the previous year and down 38.3% over ten years.
Over the whole period, cocoa beans — gross production value in Ghana peaked at 1.10 million 1000 USD in 2021 and was at its lowest, 175,433 1000 USD, in 1984.
Ghana ranks 4th of 34 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 64 years of available data.
Cocoa beans — Gross Production Value in Ghana, year by year
| Year | 1000 USD | Change |
|---|---|---|
| 1961 | 436,952 1000 USD | — |
| 1962 | 450,528 1000 USD | +3.1% |
| 1963 | 450,212 1000 USD | -0.1% |
| 1964 | 610,912 1000 USD | +35.7% |
| 1965 | 437,584 1000 USD | -28.4% |
| 1966 | 401,066 1000 USD | -8.3% |
| 1967 | 445,687 1000 USD | +11.1% |
| 1968 | 344,131 1000 USD | -22.8% |
| 1969 | 436,005 1000 USD | +26.7% |
| 1970 | 427,270 1000 USD | -2.0% |
| 1971 | 494,623 1000 USD | +15.8% |
| 1972 | 437,478 1000 USD | -11.6% |
| 1973 | 360,970 1000 USD | -17.5% |
| 1974 | 405,275 1000 USD | +12.3% |
| 1975 | 418,114 1000 USD | +3.2% |
| 1976 | 343,816 1000 USD | -17.8% |
| 1977 | 291,933 1000 USD | -15.1% |
| 1978 | 282,251 1000 USD | -3.3% |
| 1979 | 295,511 1000 USD | +4.7% |
| 1980 | 291,722 1000 USD | -1.3% |
| 1981 | 259,414 1000 USD | -11.1% |
| 1982 | 213,109 1000 USD | -17.8% |
| 1983 | 176,907 1000 USD | -17.0% |
| 1984 | 175,433 1000 USD | -0.8% |
| 1985 | 204,585 1000 USD | +16.6% |
| 1986 | 238,261 1000 USD | +16.5% |
| 1987 | 198,028 1000 USD | -16.9% |
| 1988 | 259,624 1000 USD | +31.1% |
| 1989 | 310,510 1000 USD | +19.6% |
| 1990 | 308,724 1000 USD | -0.6% |
| 1991 | 254,464 1000 USD | -17.6% |
| 1992 | 328,474 1000 USD | +29.1% |
| 1993 | 267,993 1000 USD | -18.4% |
| 1994 | 303,167 1000 USD | +13.1% |
| 1995 | 425,060 1000 USD | +40.2% |
| 1996 | 424,113 1000 USD | -0.2% |
| 1997 | 339,385 1000 USD | -20.0% |
| 1998 | 430,806 1000 USD | +26.9% |
| 1999 | 456,948 1000 USD | +6.1% |
| 2000 | 459,473 1000 USD | +0.6% |
| 2001 | 410,001 1000 USD | -10.8% |
| 2002 | 358,404 1000 USD | -12.6% |
| 2003 | 523,038 1000 USD | +45.9% |
| 2004 | 775,611 1000 USD | +48.3% |
| 2005 | 778,768 1000 USD | +0.4% |
| 2006 | 772,454 1000 USD | -0.8% |
| 2007 | 646,693 1000 USD | -16.3% |
| 2008 | 716,447 1000 USD | +10.8% |
| 2009 | 747,868 1000 USD | +4.4% |
| 2010 | 665,150 1000 USD | -11.1% |
| 2011 | 736,694 1000 USD | +10.8% |
| 2012 | 925,417 1000 USD | +25.6% |
| 2013 | 879,236 1000 USD | -5.0% |
| 2014 | 903,708 1000 USD | +2.8% |
| 2015 | 903,708 1000 USD | +0.0% |
| 2016 | 903,708 1000 USD | +0.0% |
| 2017 | 1.02 million 1000 USD | +12.9% |
| 2018 | 952,097 1000 USD | -6.7% |
| 2019 | 854,225 1000 USD | -10.3% |
| 2020 | 841,912 1000 USD | -1.4% |
| 2021 | 1.10 million 1000 USD | +30.9% |
| 2022 | 719,098 1000 USD | -34.8% |
| 2023 | 687,947 1000 USD | -4.3% |
| 2024 | 557,766 1000 USD | -18.9% |
Ghana compared with similar countries
- Ghana's 557,766 1000 USD is above the median for lower middle income countries, which is 21,527 1000 USD, 25.9× the median. (10 countries reporting)
- Ghana's 557,766 1000 USD is above the median for Sub-Saharan Africa, which is 36,608 1000 USD, 15.2× the median. (8 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 445,897 1000 USD | 344,131 1000 USD | 610,912 1000 USD | 9 |
| 1970s | 375,724 1000 USD | 282,251 1000 USD | 494,623 1000 USD | 10 |
| 1980s | 232,759 1000 USD | 175,433 1000 USD | 310,510 1000 USD | 10 |
| 1990s | 353,913 1000 USD | 254,464 1000 USD | 456,948 1000 USD | 10 |
| 2000s | 618,876 1000 USD | 358,404 1000 USD | 778,768 1000 USD | 10 |
| 2010s | 874,402 1000 USD | 665,150 1000 USD | 1.02 million 1000 USD | 10 |
| 2020s | 781,797 1000 USD | 557,766 1000 USD | 1.10 million 1000 USD | 5 |
Countries ranked near Ghana
- 1 Indonesia 1.18 million 1000 USD compare
- 1 Venezuela (Bolivarian Republic of) 6.44 million 1000 USD compare
- 2 Ecuador 954,519 1000 USD compare
- 3 Cameroon 689,634 1000 USD compare
- 5 Brazil 482,776 1000 USD compare
- 5 Côte d'Ivoire 2.73 million 1000 USD compare
- 6 Bolivia (Plurinational State of) 10,714 1000 USD compare
- 6 Peru 362,999 1000 USD compare
- 7 Colombia 173,507 1000 USD compare
- 7 Melanesia 4,819 1000 USD compare
More agriculture & rural data for Ghana
- Agriculture, forestry, and fishing, value added (current US$), annual 41.79 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.2128 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 692.99 current US$ per person (2025)
- Rural population, annual growth rate 0.4821 % change on previous year (2025)
- Rural population, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Rural population, per capita 0.4108 units per person (2025)
- Share of GDP from agriculture 21.3% (2025)
- Agriculture as a share of GDP vs. GDP per capita 21.3% (2025)
- Agricultural raw materials exports 1.1% (2023)
- Agricultural raw materials imports 1.6% (2023)
Frequently asked questions
- What is cocoa beans — gross production value in Ghana?
- Cocoa beans — gross production value in Ghana was 557,766 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest cocoa beans — gross production value recorded in Ghana?
- The highest recorded value was 1.10 million 1000 USD in 2021.
- What is the lowest cocoa beans — gross production value recorded in Ghana?
- The lowest recorded value was 175,433 1000 USD in 1984.
- How does Ghana rank for cocoa beans — gross production value?
- Ghana ranks 4th out of 34 countries with data for 2024.
- Is cocoa beans — gross production value rising or falling in Ghana?
- Over the last ten years it is down 38.3%. The long-run trend across the full record is rising.
- Where does this Ghana data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Cocoa beans — Gross Production Value (constant 2014-2016 thousand US$). Statizoid updates them automatically from the source API.
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About this data
The domain provides detailed data on the value of agricultural production that is calculated by the agricultural production data and the price data at farm gate. Thus, the value of production measures the agricultural production in monetary terms at the farm gate level.