National Savings: Ghana

Analysis# Ghana National Savings Ghana's national savings stood at 14.687% of GDP in 2026, representing a significant decline from its all-time peak of 40.063% in 2010. The country has lost 60.1% of its savings capacity over the past two decades, falling well below historical levels. Currently, Ghana sits near its all-time low of 8.548%, recorded in 2023, indicating continued pressure on domestic capital accumulation. A sharp deterioration occurred between 2022 and 2023, when savings collapsed from 13.681% to 8.548% of GDP—the steepest single-year drop in the dataset. Since that trough, Ghana has shown modest recovery, with savings climbing to 14.687% by 2026. While this rebound suggests stabilization, the rate remains substantially below pre-2015 levels, reflecting structural challenges in sustaining savings amid economic headwinds.