Changes in inventories in Ghana
Ghana: Changes in inventories was 1.87 billion current LCU in 2024. ◆ Volatile
Changes in inventories in Ghana, 1967–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, changes in inventories in Ghana stood at 1.87 billion current LCU.
Compared with earlier readings it is down 15.5% on the previous year and up 58.9% over ten years.
Over the whole period, changes in inventories in Ghana peaked at 2.21 billion current LCU in 2023 and was at its lowest, -19.93 million current LCU, in 2001.
Ghana ranks 81st of 185 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2,933 current LCU | 2,300 current LCU | 3,600 current LCU | 3 |
| 1970s | 3,420 current LCU | -6,200 current LCU | 18,600 current LCU | 10 |
| 1980s | 19,920 current LCU | -20,300 current LCU | 74,900 current LCU | 10 |
| 1990s | 4.07 million current LCU | -8.60 million current LCU | 13.70 million current LCU | 10 |
| 2000s | 39.85 million current LCU | -19.93 million current LCU | 348.76 million current LCU | 10 |
| 2010s | 1.20 billion current LCU | 498.30 million current LCU | 2.17 billion current LCU | 10 |
| 2020s | 1.77 billion current LCU | 1.25 billion current LCU | 2.21 billion current LCU | 5 |
Countries ranked near Ghana
More economy & growth data for Ghana
- External balance on goods and services as a percent of GDP 1.1% (2024)
- Inflation of consumer prices 14.2% (2025)
- GDP per capita 2,261 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 10.1% (2025)
- Gross domestic product (GDP) 79.27 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 2,261 constant 2015 US$ (2025)
- DEC alternative conversion factor 12.56 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 12.07 billion current LCU (2017)
- Net secondary income (Net current transfers from abroad) 2.77 billion current US$ (2017)
- Taxes less subsidies on products 94.62 billion current LCU (2025)
Frequently asked questions
- What is changes in inventories in Ghana?
- Changes in inventories in Ghana was 1.87 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest changes in inventories recorded in Ghana?
- The highest recorded value was 2.21 billion current LCU in 2023.
- What is the lowest changes in inventories recorded in Ghana?
- The lowest recorded value was -19.93 million current LCU in 2001.
- How does Ghana rank for changes in inventories?
- Ghana ranks 81st out of 185 countries with data for 2024.
- Is changes in inventories rising or falling in Ghana?
- Over the last ten years it is up 58.9%. 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 Offices (NSOs), published as part of Changes in inventories (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 58 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.