GDP Deflator — Value Standard Local Currency, 2015 prices in Ghana
Ghana: GDP Deflator — Value Standard Local Currency, 2015 prices was 402.85 SLC in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices in Ghana, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
The most recent figure for gdp deflator — value standard local currency, 2015 prices in Ghana is 402.85 SLC, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 25.4% on the previous year and up 356.2% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Ghana peaked at 402.85 SLC in 2024 and was at its lowest, 0.0013 SLC, in 1970.
Ghana ranks 12th of 194 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 — Value Standard Local Currency, 2015 prices in Ghana, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 0.0013 SLC | — |
| 1971 | 0.0014 SLC | +4.8% |
| 1972 | 0.0016 SLC | +15.5% |
| 1973 | 0.0018 SLC | +17.8% |
| 1974 | 0.0023 SLC | +24.6% |
| 1975 | 0.003 SLC | +29.5% |
| 1976 | 0.0038 SLC | +28.1% |
| 1977 | 0.0064 SLC | +67.3% |
| 1978 | 0.0111 SLC | +73.3% |
| 1979 | 0.0152 SLC | +37.9% |
| 1980 | 0.023 SLC | +51.2% |
| 1981 | 0.0405 SLC | +75.6% |
| 1982 | 0.0517 SLC | +27.9% |
| 1983 | 0.1154 SLC | +123.1% |
| 1984 | 0.1562 SLC | +35.3% |
| 1985 | 0.1885 SLC | +20.7% |
| 1986 | 0.267 SLC | +41.7% |
| 1987 | 0.3717 SLC | +39.2% |
| 1988 | 0.4958 SLC | +33.4% |
| 1989 | 0.6361 SLC | +28.3% |
| 1990 | 0.8826 SLC | +38.7% |
| 1991 | 1.06 SLC | +20.4% |
| 1992 | 1.2 SLC | +12.5% |
| 1993 | 1.47 SLC | +22.8% |
| 1994 | 1.91 SLC | +30.2% |
| 1995 | 2.73 SLC | +43.2% |
| 1996 | 3.82 SLC | +39.8% |
| 1997 | 4.57 SLC | +19.5% |
| 1998 | 5.35 SLC | +17.1% |
| 1999 | 6.09 SLC | +13.9% |
| 2000 | 7.71 SLC | +26.6% |
| 2001 | 10.34 SLC | +34.1% |
| 2002 | 12.67 SLC | +22.5% |
| 2003 | 16.3 SLC | +28.7% |
| 2004 | 18.68 SLC | +14.6% |
| 2005 | 21.42 SLC | +14.6% |
| 2006 | 24.59 SLC | +14.8% |
| 2007 | 29.17 SLC | +18.6% |
| 2008 | 34.83 SLC | +19.4% |
| 2009 | 40.28 SLC | +15.7% |
| 2010 | 46.97 SLC | +16.6% |
| 2011 | 53.5 SLC | +13.9% |
| 2012 | 61.64 SLC | +15.2% |
| 2013 | 71.24 SLC | +15.6% |
| 2014 | 88.3 SLC | +23.9% |
| 2015 | 100 SLC | +13.3% |
| 2016 | 115.75 SLC | +15.7% |
| 2017 | 128.11 SLC | +10.7% |
| 2018 | 141.65 SLC | +10.6% |
| 2019 | 153.66 SLC | +8.5% |
| 2020 | 168.05 SLC | +9.4% |
| 2021 | 188.4 SLC | +12.1% |
| 2022 | 241.46 SLC | +28.2% |
| 2023 | 321.34 SLC | +33.1% |
| 2024 | 402.85 SLC | +25.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0048 SLC | 0.0013 SLC | 0.0152 SLC | 10 |
| 1980s | 0.2346 SLC | 0.023 SLC | 0.6361 SLC | 10 |
| 1990s | 2.91 SLC | 0.8826 SLC | 6.09 SLC | 10 |
| 2000s | 21.6 SLC | 7.71 SLC | 40.28 SLC | 10 |
| 2010s | 96.08 SLC | 46.97 SLC | 153.66 SLC | 10 |
| 2020s | 264.42 SLC | 168.05 SLC | 402.85 SLC | 5 |
Countries ranked near Ghana
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)
- GNI, Atlas method (current US$), annual growth rate 18.54 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.8078 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 2,631 current US$ per person (2025)
- GNI (current US$), annual growth rate 37.45 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9388 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 3,058 current US$ per person (2025)
- GNI (current LCU), annual growth rate 21.53 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 11.79 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices in Ghana?
- Gdp deflator — value standard local currency, 2015 prices in Ghana was 402.85 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Ghana?
- The highest recorded value was 402.85 SLC in 2024.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Ghana?
- The lowest recorded value was 0.0013 SLC in 1970.
- How does Ghana rank for gdp deflator — value standard local currency, 2015 prices?
- Ghana ranks 12th out of 194 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Ghana?
- Over the last ten years it is up 356.2%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).