Key Market Indicators
Ghana's crude oil production is projected to hit 11,430 thousand tonnes of oil equivalent by 2026. This marks an average yearly growth of 3.6% from 2021, when it was 9,100 thousand tonnes of oil equivalent. Since 1984, Ghana's supply has grown 14.1% each year on average. In 2021, it ranked 37th in the world, with Gabon coming in ahead at 9,100 thousand tonnes of oil equivalent. Saudi Arabia, the United States, and Iraq ranked 2nd, 3rd, and 4th, respectively.