GDP deflator (base year varies by country), annual growth rate in Ghana
Ghana: GDP deflator (base year varies by country), annual growth rate was 14.43 % change on previous year in 2025. ◆ Volatile
Latest (2025)
14.43 % change on previous year
Change on year
down 44.2%
World rank
21st
of 212 countries
All-time high
123.06 % change on previous year
in 1983
All-time low
-3.88 % change on previous year
in 1967
Years of data
65
1961–2025
GDP deflator (base year varies by country), annual growth rate in Ghana, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp deflator (base year varies by country), annual growth rate in Ghana is 14.43 % change on previous year, measured in 2025.
That represents a change of down 44.2% on the previous year and up 8.9% over ten years.
Over the whole period, gdp deflator (base year varies by country), annual growth rate in Ghana peaked at 123.06 % change on previous year in 1983 and was at its lowest, -3.88 % change on previous year, in 1967.
Ghana ranks 21st of 212 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP deflator (base year varies by country), annual growth rate in Ghana, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 3.47 % change on previous year | — |
| 1962 | 1.94 % change on previous year | -44.1% |
| 1963 | 6.75 % change on previous year | +247.7% |
| 1964 | 9.93 % change on previous year | +47.3% |
| 1965 | 17.01 % change on previous year | +71.2% |
| 1966 | 8.15 % change on previous year | -52.1% |
| 1967 | -3.88 % change on previous year | -147.6% |
| 1968 | 12.62 % change on previous year | -425.3% |
| 1969 | 11.04 % change on previous year | -12.5% |
| 1970 | 2.89 % change on previous year | -73.8% |
| 1971 | 5.18 % change on previous year | +79.4% |
| 1972 | 15.47 % change on previous year | +198.6% |
| 1973 | 20.88 % change on previous year | +35.0% |
| 1974 | 24.57 % change on previous year | +17.6% |
| 1975 | 29.46 % change on previous year | +19.9% |
| 1976 | 28.05 % change on previous year | -4.8% |
| 1977 | 67.25 % change on previous year | +139.8% |
| 1978 | 73.31 % change on previous year | +9.0% |
| 1979 | 37.95 % change on previous year | -48.2% |
| 1980 | 51.13 % change on previous year | +34.7% |
| 1981 | 75.63 % change on previous year | +47.9% |
| 1982 | 27.89 % change on previous year | -63.1% |
| 1983 | 123.06 % change on previous year | +341.2% |
| 1984 | 35.31 % change on previous year | -71.3% |
| 1985 | 20.65 % change on previous year | -41.5% |
| 1986 | 41.71 % change on previous year | +102.0% |
| 1987 | 39.2 % change on previous year | -6.0% |
| 1988 | 33.4 % change on previous year | -14.8% |
| 1989 | 28.29 % change on previous year | -15.3% |
| 1990 | 31.17 % change on previous year | +10.2% |
| 1991 | 20.04 % change on previous year | -35.7% |
| 1992 | 11.15 % change on previous year | -44.4% |
| 1993 | 31.76 % change on previous year | +184.8% |
| 1994 | 30.13 % change on previous year | -5.1% |
| 1995 | 43.05 % change on previous year | +42.9% |
| 1996 | 39.84 % change on previous year | -7.5% |
| 1997 | 19.46 % change on previous year | -51.2% |
| 1998 | 17.05 % change on previous year | -12.4% |
| 1999 | 13.97 % change on previous year | -18.0% |
| 2000 | 27.23 % change on previous year | +94.9% |
| 2001 | 34.82 % change on previous year | +27.9% |
| 2002 | 22.82 % change on previous year | -34.5% |
| 2003 | 28.7 % change on previous year | +25.8% |
| 2004 | 14.35 % change on previous year | -50.0% |
| 2005 | 14.96 % change on previous year | +4.3% |
| 2006 | 84.68 % change on previous year | +465.9% |
| 2007 | 16.1 % change on previous year | -81.0% |
| 2008 | 19.41 % change on previous year | +20.5% |
| 2009 | 15.67 % change on previous year | -19.3% |
| 2010 | 16.6 % change on previous year | +5.9% |
| 2011 | 13.91 % change on previous year | -16.2% |
| 2012 | 15.21 % change on previous year | +9.3% |
| 2013 | 54.01 % change on previous year | +255.2% |
| 2014 | 23.94 % change on previous year | -55.7% |
| 2015 | 13.25 % change on previous year | -44.6% |
| 2016 | 15.75 % change on previous year | +18.8% |
| 2017 | 10.68 % change on previous year | -32.2% |
| 2018 | 10.57 % change on previous year | -1.0% |
| 2019 | 8.48 % change on previous year | -19.8% |
| 2020 | 9.37 % change on previous year | +10.4% |
| 2021 | 12.11 % change on previous year | +29.3% |
| 2022 | 28.18 % change on previous year | +132.8% |
| 2023 | 40.11 % change on previous year | +42.3% |
| 2024 | 25.88 % change on previous year | -35.5% |
| 2025 | 14.43 % change on previous year | -44.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.45 % change on previous year | -3.88 % change on previous year | 17.01 % change on previous year | 9 |
| 1970s | 30.5 % change on previous year | 2.89 % change on previous year | 73.31 % change on previous year | 10 |
| 1980s | 47.63 % change on previous year | 20.65 % change on previous year | 123.06 % change on previous year | 10 |
| 1990s | 25.76 % change on previous year | 11.15 % change on previous year | 43.05 % change on previous year | 10 |
| 2000s | 27.87 % change on previous year | 14.35 % change on previous year | 84.68 % change on previous year | 10 |
| 2010s | 18.24 % change on previous year | 8.48 % change on previous year | 54.01 % change on previous year | 10 |
| 2020s | 21.68 % change on previous year | 9.37 % change on previous year | 40.11 % change on previous year | 6 |
Countries ranked near Ghana
- 18 Ethiopia 16.68 % change on previous year compare
- 19 Yemen 14.85 % change on previous year compare
- 20 Ukraine 14.47 % change on previous year compare
- 22 American Samoa 14.15 % change on previous year compare
- 23 Nigeria 13.86 % change on previous year compare
- 24 Suriname 12.99 % change on previous year 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)
- Exports of goods and services (current LCU), annual growth rate 47.01 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 4.98 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 12,044 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 9.05 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3044 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 736.3 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 2.09 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.0974 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gdp deflator (base year varies by country), annual growth rate in Ghana?
- Gdp deflator (base year varies by country), annual growth rate in Ghana was 14.43 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gdp deflator (base year varies by country), annual growth rate recorded in Ghana?
- The highest recorded value was 123.06 % change on previous year in 1983.
- What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in Ghana?
- The lowest recorded value was -3.88 % change on previous year in 1967.
- How does Ghana rank for gdp deflator (base year varies by country), annual growth rate?
- Ghana ranks 21st out of 212 countries with data for 2025.
- Is gdp deflator (base year varies by country), annual growth rate rising or falling in Ghana?
- Over the last ten years it is up 8.9%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Statizoid (derived), published as part of GDP deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP deflator Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.