Cocoa beans — Gross Production Value in Ghana
Ghana: Cocoa beans — Gross Production Value was 121,650 1000 USD in 2024. ◆ Volatile
Latest (2024)
121,650 1000 USD
Change on year
down 38.0%
World rank
8th
of 34 countries
All-time high
1.48 million 1000 USD
in 2012
All-time low
92,842 1000 USD
in 1994
Years of data
34
1991–2024
Cocoa beans — Gross Production Value in Ghana, 1991–2024
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 121,650 1000 USD.
The figure is down 38.0% on the previous year and down 88.3% over ten years.
Over the whole period, cocoa beans — gross production value in Ghana peaked at 1.48 million 1000 USD in 2012 and was at its lowest, 92,842 1000 USD, in 1994.
Ghana ranks 8th of 34 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Cocoa beans — Gross Production Value in Ghana, year by year
| Year | 1000 USD | Change |
|---|---|---|
| 1991 | 147,327 1000 USD | — |
| 1992 | 179,478 1000 USD | +21.8% |
| 1993 | 101,278 1000 USD | -43.6% |
| 1994 | 92,842 1000 USD | -8.3% |
| 1995 | 235,778 1000 USD | +154.0% |
| 1996 | 234,091 1000 USD | -0.7% |
| 1997 | 188,962 1000 USD | -19.3% |
| 1998 | 318,753 1000 USD | +68.7% |
| 1999 | 366,389 1000 USD | +14.9% |
| 2000 | 180,274 1000 USD | -50.8% |
| 2001 | 189,002 1000 USD | +4.8% |
| 2002 | 266,461 1000 USD | +41.0% |
| 2003 | 503,962 1000 USD | +89.1% |
| 2004 | 737,414 1000 USD | +46.3% |
| 2005 | 734,873 1000 USD | -0.3% |
| 2006 | 732,837 1000 USD | -0.3% |
| 2007 | 601,196 1000 USD | -18.0% |
| 2008 | 772,256 1000 USD | +28.5% |
| 2009 | 823,226 1000 USD | +6.6% |
| 2010 | 1.06 million 1000 USD | +28.8% |
| 2011 | 1.27 million 1000 USD | +19.7% |
| 2012 | 1.48 million 1000 USD | +16.6% |
| 2013 | 1.40 million 1000 USD | -5.6% |
| 2014 | 1.04 million 1000 USD | -25.9% |
| 2015 | 869,619 1000 USD | -16.0% |
| 2016 | 806,171 1000 USD | -7.3% |
| 2017 | 673,839 1000 USD | -16.4% |
| 2018 | 604,019 1000 USD | -10.4% |
| 2019 | 480,972 1000 USD | -20.4% |
| 2020 | 447,453 1000 USD | -7.0% |
| 2021 | 574,512 1000 USD | +28.4% |
| 2022 | 269,037 1000 USD | -53.2% |
| 2023 | 196,289 1000 USD | -27.0% |
| 2024 | 121,650 1000 USD | -38.0% |
Ghana compared with similar countries
- Ghana's 121,650 1000 USD is above the median for lower middle income countries, which is 15,654 1000 USD, 7.8× the median. (10 countries reporting)
- Ghana's 121,650 1000 USD is above the median for Sub-Saharan Africa, which is 15,691 1000 USD, 7.8× the median. (8 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 207,211 1000 USD | 92,842 1000 USD | 366,389 1000 USD | 9 |
| 2000s | 554,150 1000 USD | 180,274 1000 USD | 823,226 1000 USD | 10 |
| 2010s | 967,592 1000 USD | 480,972 1000 USD | 1.48 million 1000 USD | 10 |
| 2020s | 321,788 1000 USD | 121,650 1000 USD | 574,512 1000 USD | 5 |
Countries ranked near Ghana
- 5 Peru 999,266 1000 USD compare
- 6 Bolivia (Plurinational State of) 10,036 1000 USD compare
- 6 Colombia 455,682 1000 USD compare
- 7 Côte d'Ivoire 4.81 million 1000 USD compare
- 7 Dominican Republic 316,643 1000 USD compare
- 7 Melanesia 5,134 1000 USD compare
- 9 Mexico 66,138 1000 USD compare
- 10 Togo 38,141 1000 USD compare
- 10 Caribbean 319,433 1000 USD compare
- 11 India 32,030 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 121,650 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 1.48 million 1000 USD in 2012.
- What is the lowest cocoa beans — gross production value recorded in Ghana?
- The lowest recorded value was 92,842 1000 USD in 1994.
- How does Ghana rank for cocoa beans — gross production value?
- Ghana ranks 8th 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 88.3%. The long-run trend across the full record is volatile.
- 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 (current 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.