Annual growth of households and NPISHs final consumption expenditure in Ghana
Ghana: Annual growth of households and NPISHs final consumption expenditure was 4.5% in 2024. ◆ Volatile
Annual growth of households and NPISHs final consumption expenditure in Ghana, 2007–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual growth of households and npishs final consumption expenditure in Ghana stood at 4.5%.
Compared with earlier readings it is down 56.0% on the previous year and up 190.0% over ten years.
Over the whole period, annual growth of households and npishs final consumption expenditure in Ghana peaked at 19.7% in 2013 and was at its lowest, -5.0%, in 2014.
That places Ghana 66th out of 185 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of households and NPISHs final consumption expenditure in Ghana, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 6.0% | — |
| 2008 | 15.1% | +150.5% |
| 2009 | 2.1% | -85.8% |
| 2010 | 17.3% | +705.1% |
| 2011 | 5.9% | -65.7% |
| 2012 | 6.4% | +7.4% |
| 2013 | 19.7% | +209.6% |
| 2014 | -5.0% | -125.2% |
| 2015 | 2.2% | -144.5% |
| 2016 | -1.7% | -176.4% |
| 2017 | 6.3% | -474.3% |
| 2018 | 3.8% | -39.9% |
| 2019 | 14.1% | +270.3% |
| 2020 | 1.7% | -88.1% |
| 2021 | 7.1% | +324.4% |
| 2022 | 5.6% | -20.8% |
| 2023 | 10.2% | +80.9% |
| 2024 | 4.5% | -56.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.8% | 2.1% | 15.1% | 3 |
| 2010s | 6.9% | -5.0% | 19.7% | 10 |
| 2020s | 5.8% | 1.7% | 10.2% | 5 |
Countries ranked near Ghana
- 63 Dominican Republic 4.6% compare
- 64 Lao People's Democratic Republic 4.5% compare
- 64 Lao People's Democratic Republic 4.5% compare
- 67 Bosnia and Herzegovina 4.4% compare
- 68 Thailand 4.4% compare
- 69 Honduras 4.3% compare
More economy & growth data for Ghana
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.15 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 38.84 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0003 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1.11 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.91 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 8.08 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0167 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 54.42 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 23.42 % change on previous year (2024)
Frequently asked questions
- What is annual growth of households and npishs final consumption expenditure in Ghana?
- Annual growth of households and npishs final consumption expenditure in Ghana was 4.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of households and npishs final consumption expenditure recorded in Ghana?
- The highest recorded value was 19.7% in 2013.
- What is the lowest annual growth of households and npishs final consumption expenditure recorded in Ghana?
- The lowest recorded value was -5.0% in 2014.
- How does Ghana rank for annual growth of households and npishs final consumption expenditure?
- Ghana ranks 66th out of 185 countries with data for 2024.
- Is annual growth of households and npishs final consumption expenditure rising or falling in Ghana?
- Over the last ten years it is up 190.0%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of households and NPISHs final consumption expenditure (%). Statizoid updates them automatically from the source API.
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