General government final consumption expenditure in Ghana
Ghana: General government final consumption expenditure was 3.7% in 2024. ◆ Volatile
General government final consumption expenditure in Ghana, 2007–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
Ghana recorded 3.7% for general government final consumption expenditure in 2024.
Compared with earlier readings it is up 652.7% on the previous year and down 52.1% over ten years.
Over the whole period, general government final consumption expenditure in Ghana peaked at 80.0% in 2011 and was at its lowest, -16.1%, in 2013.
Ghana ranks 64th of 173 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.
General government final consumption expenditure in Ghana, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2007 | 0.2% | — |
| 2008 | 12.7% | +7123.0% |
| 2009 | -10.7% | -183.9% |
| 2010 | 17.4% | -263.1% |
| 2011 | 80.0% | +359.3% |
| 2012 | -10.6% | -113.2% |
| 2013 | -16.1% | +52.6% |
| 2014 | 7.6% | -147.5% |
| 2015 | -8.5% | -211.2% |
| 2016 | 6.1% | -172.0% |
| 2017 | -10.8% | -276.7% |
| 2018 | 1.8% | -116.9% |
| 2019 | 5.4% | +193.9% |
| 2020 | 10.1% | +87.7% |
| 2021 | 12.7% | +25.3% |
| 2022 | -0.0% | -100.0% |
| 2023 | 0.5% | -151885.0% |
| 2024 | 3.7% | +652.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.7% | -10.7% | 12.7% | 3 |
| 2010s | 7.2% | -16.1% | 80.0% | 10 |
| 2020s | 5.4% | -0.0% | 12.7% | 5 |
Countries ranked near Ghana
- 61 Panama 4.0% compare
- 62 Ireland 3.9% compare
- 63 Luxembourg 3.7% compare
- 65 Côte d'Ivoire 3.6% compare
- 66 United Arab Emirates 3.6% compare
- 67 Peru 3.4% 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)
- Manufacturing, value added (constant LCU), per capita 649.98 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 37.37 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2925 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 952.81 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 21.47 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 3.67 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 11,964 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 2.3 % change on previous year (2025)
Frequently asked questions
- What is general government final consumption expenditure in Ghana?
- General government final consumption expenditure in Ghana was 3.7% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Ghana?
- The highest recorded value was 80.0% in 2011.
- What is the lowest general government final consumption expenditure recorded in Ghana?
- The lowest recorded value was -16.1% in 2013.
- How does Ghana rank for general government final consumption expenditure?
- Ghana ranks 64th out of 173 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in Ghana?
- Over the last ten years it is down 52.1%. 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 Organizations and/or Central Banks, published as part of General government final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.