Expense in Ghana
Ghana: Expense was 22.7% in 2022. ▬ Flat
Expense in Ghana, 2001–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Ghana recorded 22.7% for expense in 2022.
The figure is up 9.3% on the previous year and down 15.6% over ten years.
Over the whole period, expense in Ghana peaked at 26.9% in 2012 and was at its lowest, 15.3%, in 2006.
Ghana ranks 98th of 157 countries on this measure, in the middle of the range.
Expense in Ghana, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2001 | 18.7% | — |
| 2002 | 20.0% | +7.0% |
| 2003 | 22.0% | +9.9% |
| 2004 | 23.5% | +6.6% |
| 2005 | 22.7% | -3.1% |
| 2006 | 15.3% | -32.8% |
| 2007 | 17.9% | +16.9% |
| 2008 | 20.5% | +15.0% |
| 2009 | 18.0% | -12.3% |
| 2010 | 20.2% | +11.8% |
| 2011 | 21.1% | +4.9% |
| 2012 | 26.9% | +27.2% |
| 2013 | 19.3% | -28.3% |
| 2014 | 18.2% | -5.6% |
| 2015 | 17.4% | -4.6% |
| 2016 | 18.3% | +5.3% |
| 2017 | 17.4% | -5.1% |
| 2018 | 17.6% | +1.4% |
| 2019 | 17.5% | -0.5% |
| 2020 | 21.9% | +25.0% |
| 2021 | 20.8% | -5.2% |
| 2022 | 22.7% | +9.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.9% | 15.3% | 23.5% | 9 |
| 2010s | 19.4% | 17.4% | 26.9% | 10 |
| 2020s | 21.8% | 20.8% | 22.7% | 3 |
Countries ranked near Ghana
- 95 Micronesia (country) 23.4% compare
- 96 Azerbaijan 23.0% compare
- 97 Peru 22.8% compare
- 99 Mexico 22.5% compare
- 100 Uzbekistan 22.3% compare
- 101 Belize 22.3% 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)
- GDP (current US$), annual growth rate 37.13 % change on previous year (2025)
- GDP (current US$), per capita 3,257 current US$ per person (2025)
- GDP (current LCU), annual growth rate 21.25 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 12.56 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 40,899 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 5.95 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.694 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 2,261 constant 2015 US$ per person (2025)
Frequently asked questions
- What is expense in Ghana?
- Expense in Ghana was 22.7% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Ghana?
- The highest recorded value was 26.9% in 2012.
- What is the lowest expense recorded in Ghana?
- The lowest recorded value was 15.3% in 2006.
- How does Ghana rank for expense?
- Ghana ranks 98th out of 157 countries with data for 2022.
- Is expense rising or falling in Ghana?
- Over the last ten years it is down 15.6%. The long-run trend across the full record is flat.
- Where does this Ghana data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.