Changes in inventories (constant LCU) in Ghana
Ghana: Changes in inventories (constant LCU) was 810.06 million constant LCU in 2024. ◆ Volatile
Changes in inventories in Ghana, 2006–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, changes in inventories in Ghana stood at 810.06 million constant LCU.
The figure is down 10.6% on the previous year and up 2.2% over ten years.
Over the whole period, changes in inventories in Ghana peaked at 1.06 billion constant LCU in 2017 and was at its lowest, -3.32 billion constant LCU, in 2008.
That places Ghana 57th out of 118 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.
Changes in inventories (constant LCU) in Ghana, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2006 | -2.65 billion constant LCU | — |
| 2007 | -3.06 billion constant LCU | +15.4% |
| 2008 | -3.32 billion constant LCU | +8.4% |
| 2009 | 410.35 million constant LCU | -112.4% |
| 2010 | 555.08 million constant LCU | +35.3% |
| 2011 | 774.34 million constant LCU | +39.5% |
| 2012 | 847.76 million constant LCU | +9.5% |
| 2013 | 912.18 million constant LCU | +7.6% |
| 2014 | 792.27 million constant LCU | -13.1% |
| 2015 | 821.81 million constant LCU | +3.7% |
| 2016 | 879.98 million constant LCU | +7.1% |
| 2017 | 1.06 billion constant LCU | +20.0% |
| 2018 | 733.43 million constant LCU | -30.5% |
| 2019 | 928.95 million constant LCU | +26.7% |
| 2020 | 744.33 million constant LCU | -19.9% |
| 2021 | 696.39 million constant LCU | -6.4% |
| 2022 | 668.05 million constant LCU | -4.1% |
| 2023 | 905.62 million constant LCU | +35.6% |
| 2024 | 810.06 million constant LCU | -10.6% |
Ghana compared with similar countries
- Ghana's 810.06 million constant LCU is above the median for lower middle income countries, which is 204.46 million constant LCU, 4.0× the median. (42 countries reporting)
- Ghana's 810.06 million constant LCU is above the median for Sub-Saharan Africa, which is 232.45 million constant LCU, 3.5× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -2.16 billion constant LCU | -3.32 billion constant LCU | 410.35 million constant LCU | 4 |
| 2010s | 830.15 million constant LCU | 555.08 million constant LCU | 1.06 billion constant LCU | 10 |
| 2020s | 764.89 million constant LCU | 668.05 million constant LCU | 905.62 million constant LCU | 5 |
Countries ranked near Ghana
- 54 Bosnia and Herzegovina 1.20 billion constant LCU compare
- 55 Guatemala 1.05 billion constant LCU compare
- 56 Bhutan 909.10 million constant LCU compare
- 58 Ecuador 699.38 million constant LCU compare
- 59 Sierra Leone 604.83 million constant LCU compare
- 60 Afghanistan 473.84 million constant LCU compare
More economy & growth data for Ghana
- Real gdp growth, annual growth rate 86.92 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 457.43 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.374 units per person (2025)
- SDRs holdings, SDR, annual growth rate 430.83 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.2731 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is changes in inventories in Ghana?
- Changes in inventories in Ghana was 810.06 million constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest changes in inventories recorded in Ghana?
- The highest recorded value was 1.06 billion constant LCU in 2017.
- What is the lowest changes in inventories recorded in Ghana?
- The lowest recorded value was -3.32 billion constant LCU in 2008.
- How does Ghana rank for changes in inventories?
- Ghana ranks 57th out of 118 countries with data for 2024.
- Is changes in inventories rising or falling in Ghana?
- Over the last ten years it is up 2.2%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Changes in inventories (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Changes in inventories is the value of entries into inventories less the value of withdrawals and less the value of any recurrent losses of goods held in inventories during the accounting period.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.