GDP Deflator — Value US$, 2015 prices in Ghana
Ghana: GDP Deflator — Value US$, 2015 prices was 103.41 USD in 2024. ▲ Rising
GDP Deflator — Value US$, 2015 prices in Ghana, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
The most recent figure for gdp deflator — value us$, 2015 prices in Ghana is 103.41 USD, measured in 2024.
That represents a change of down 4.5% on the previous year and down 8.7% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in Ghana peaked at 133.57 USD in 2013 and was at its lowest, 38.65 USD, in 1973.
That places Ghana 166th out of 203 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
GDP Deflator — Value US$, 2015 prices in Ghana, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 47.14 USD | — |
| 1971 | 48.73 USD | +3.4% |
| 1972 | 43.67 USD | -10.4% |
| 1973 | 38.65 USD | -11.5% |
| 1974 | 42.13 USD | +9.0% |
| 1975 | 46.03 USD | +9.3% |
| 1976 | 48.56 USD | +5.5% |
| 1977 | 51.58 USD | +6.2% |
| 1978 | 55.21 USD | +7.0% |
| 1979 | 59.79 USD | +8.3% |
| 1980 | 65.19 USD | +9.0% |
| 1981 | 71.36 USD | +9.5% |
| 1982 | 75.76 USD | +6.2% |
| 1983 | 78.73 USD | +3.9% |
| 1984 | 81.57 USD | +3.6% |
| 1985 | 84.15 USD | +3.2% |
| 1986 | 85.85 USD | +2.0% |
| 1987 | 87.97 USD | +2.5% |
| 1988 | 91.08 USD | +3.5% |
| 1989 | 87.57 USD | -3.9% |
| 1990 | 100.52 USD | +14.8% |
| 1991 | 107.35 USD | +6.8% |
| 1992 | 101.62 USD | -5.3% |
| 1993 | 84 USD | -17.3% |
| 1994 | 74.22 USD | -11.6% |
| 1995 | 84.69 USD | +14.1% |
| 1996 | 86.83 USD | +2.5% |
| 1997 | 82.83 USD | -4.6% |
| 1998 | 85.9 USD | +3.7% |
| 1999 | 84.85 USD | -1.2% |
| 2000 | 52.57 USD | -38.0% |
| 2001 | 53.64 USD | +2.0% |
| 2002 | 59.38 USD | +10.7% |
| 2003 | 69.86 USD | +17.6% |
| 2004 | 77.16 USD | +10.4% |
| 2005 | 87.9 USD | +13.9% |
| 2006 | 99.8 USD | +13.5% |
| 2007 | 116.17 USD | +16.4% |
| 2008 | 122.94 USD | +5.8% |
| 2009 | 106.5 USD | -13.4% |
| 2010 | 122.01 USD | +14.6% |
| 2011 | 130.7 USD | +7.1% |
| 2012 | 125.47 USD | -4.0% |
| 2013 | 133.57 USD | +6.5% |
| 2014 | 113.23 USD | -15.2% |
| 2015 | 100 USD | -11.7% |
| 2016 | 109.97 USD | +10.0% |
| 2017 | 109.38 USD | -0.5% |
| 2018 | 114.75 USD | +4.9% |
| 2019 | 109.4 USD | -4.7% |
| 2020 | 111.56 USD | +2.0% |
| 2021 | 120.54 USD | +8.1% |
| 2022 | 108.43 USD | -10.0% |
| 2023 | 108.31 USD | -0.1% |
| 2024 | 103.41 USD | -4.5% |
Ghana compared with similar countries
- Ghana's 103.41 USD is below the median for lower middle income countries, which is 112.12 USD, 92% of the median. (41 countries reporting)
- Ghana's 103.41 USD is below the median for Sub-Saharan Africa, which is 112.88 USD, 92% of the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 48.15 USD | 38.65 USD | 59.79 USD | 10 |
| 1980s | 80.92 USD | 65.19 USD | 91.08 USD | 10 |
| 1990s | 89.28 USD | 74.22 USD | 107.35 USD | 10 |
| 2000s | 84.59 USD | 52.57 USD | 122.94 USD | 10 |
| 2010s | 116.85 USD | 100 USD | 133.57 USD | 10 |
| 2020s | 110.45 USD | 103.41 USD | 120.54 USD | 5 |
Countries ranked near Ghana
- 163 Sweden 105.22 USD compare
- 164 Saint Kitts and Nevis 104.95 USD compare
- 165 Tunisia 104.64 USD compare
- 167 Seychelles 102.87 USD compare
- 168 Mauritius 102.74 USD compare
- 169 Cook Islands 102.03 USD 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 38.84 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0003 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1.11 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.91 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 8.08 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0167 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 54.42 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 23.42 % change on previous year (2024)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices in Ghana?
- Gdp deflator — value us$, 2015 prices in Ghana was 103.41 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in Ghana?
- The highest recorded value was 133.57 USD in 2013.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in Ghana?
- The lowest recorded value was 38.65 USD in 1973.
- How does Ghana rank for gdp deflator — value us$, 2015 prices?
- Ghana ranks 166th out of 203 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices rising or falling in Ghana?
- Over the last ten years it is down 8.7%. The long-run trend across the full record is rising.
- Where does this Ghana data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).