General government final consumption … current rate annual growth in Ghana
Ghana: General government final consumption … current rate annual growth was 16.35 % change on previous year in 2024. ◆ Volatile
General government final consumption expenditure (current LCU) in Ghana, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, general government final consumption expenditure (current lcu) in Ghana stood at 16.35 % change on previous year.
That represents a change of down 16.0% on the previous year and down 18.3% over ten years.
Over the whole period, general government final consumption expenditure (current lcu) in Ghana peaked at 153.39 % change on previous year in 2011 and was at its lowest, -12.23 % change on previous year, in 1982.
That places Ghana 31st out of 185 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption … current rate annual growth in Ghana, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 16.09 % change on previous year | — |
| 1962 | 0.9901 % change on previous year | -93.8% |
| 1963 | 22.55 % change on previous year | +2177.4% |
| 1964 | 16 % change on previous year | -29.0% |
| 1965 | 46.21 % change on previous year | +188.8% |
| 1966 | -6.6 % change on previous year | -114.3% |
| 1967 | 13.64 % change on previous year | -306.5% |
| 1968 | 26.67 % change on previous year | +95.6% |
| 1969 | 0 % change on previous year | -100.0% |
| 1970 | 1.75 % change on previous year | — |
| 1971 | 11.72 % change on previous year | +568.3% |
| 1972 | 9.57 % change on previous year | -18.4% |
| 1973 | 7.61 % change on previous year | -20.5% |
| 1974 | 48.95 % change on previous year | +543.6% |
| 1975 | 20.91 % change on previous year | -57.3% |
| 1976 | 16.13 % change on previous year | -22.9% |
| 1977 | 76.35 % change on previous year | +373.2% |
| 1978 | 68.28 % change on previous year | -10.6% |
| 1979 | 22.44 % change on previous year | -67.1% |
| 1980 | 64.8 % change on previous year | +188.8% |
| 1981 | 33.44 % change on previous year | -48.4% |
| 1982 | -12.23 % change on previous year | -136.6% |
| 1983 | 92.52 % change on previous year | -856.3% |
| 1984 | 82.08 % change on previous year | -11.3% |
| 1985 | 64.15 % change on previous year | -21.8% |
| 1986 | 75.54 % change on previous year | +17.8% |
| 1987 | 40.17 % change on previous year | -46.8% |
| 1988 | 28.64 % change on previous year | -28.7% |
| 1989 | 36.72 % change on previous year | +28.2% |
| 1990 | 28.19 % change on previous year | -23.2% |
| 1991 | 28.71 % change on previous year | +1.8% |
| 1992 | 47.42 % change on previous year | +65.1% |
| 1993 | 64.87 % change on previous year | +36.8% |
| 1994 | 27.67 % change on previous year | -57.3% |
| 1995 | 31.02 % change on previous year | +12.1% |
| 1996 | 45.91 % change on previous year | +48.0% |
| 1997 | 27.69 % change on previous year | -39.7% |
| 1998 | 2.4 % change on previous year | -91.3% |
| 1999 | 24.97 % change on previous year | +939.9% |
| 2000 | 23.76 % change on previous year | -4.8% |
| 2001 | 34.02 % change on previous year | +43.1% |
| 2002 | 30.33 % change on previous year | -10.8% |
| 2003 | 58.17 % change on previous year | +91.8% |
| 2004 | 27.45 % change on previous year | -52.8% |
| 2005 | 53.1 % change on previous year | +93.5% |
| 2006 | 11.45 % change on previous year | -78.4% |
| 2007 | 18.96 % change on previous year | +65.6% |
| 2008 | 33.5 % change on previous year | +76.7% |
| 2009 | 5.2 % change on previous year | -84.5% |
| 2010 | 17.42 % change on previous year | +235.4% |
| 2011 | 153.39 % change on previous year | +780.4% |
| 2012 | 7.43 % change on previous year | -95.2% |
| 2013 | 23.39 % change on previous year | +215.0% |
| 2014 | 20 % change on previous year | -14.5% |
| 2015 | 7.44 % change on previous year | -62.8% |
| 2016 | 22.87 % change on previous year | +207.4% |
| 2017 | 5.56 % change on previous year | -75.7% |
| 2018 | 19.92 % change on previous year | +257.9% |
| 2019 | 14.54 % change on previous year | -27.0% |
| 2020 | 22.26 % change on previous year | +53.1% |
| 2021 | 20.39 % change on previous year | -8.4% |
| 2022 | 10.57 % change on previous year | -48.1% |
| 2023 | 19.46 % change on previous year | +84.1% |
| 2024 | 16.35 % change on previous year | -16.0% |
Ghana compared with similar countries
- Ghana's 16.35 % change on previous year is above the median for lower middle income countries, which is 9.58 % change on previous year, 1.7× the median. (45 countries reporting)
- Ghana's 16.35 % change on previous year is above the median for Sub-Saharan Africa, which is 10.69 % change on previous year, 1.5× the median. (45 countries reporting)
Biggest year-on-year movements
Years where General government final consumption … current rate annual growth in Ghana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1963 | +2177.4% | 0.9901 % change on previous year | 22.55 % change on previous year |
| 1999 | +939.9% | 2.4 % change on previous year | 24.97 % change on previous year |
| 1983 | +856.3% | -12.23 % change on previous year | 92.52 % change on previous year |
| 2011 | +780.4% | 17.42 % change on previous year | 153.39 % change on previous year |
| 1971 | +568.3% | 1.75 % change on previous year | 11.72 % change on previous year |
| 1974 | +543.6% | 7.61 % change on previous year | 48.95 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 15.06 % change on previous year | -6.6 % change on previous year | 46.21 % change on previous year | 9 |
| 1970s | 28.37 % change on previous year | 1.75 % change on previous year | 76.35 % change on previous year | 10 |
| 1980s | 50.58 % change on previous year | -12.23 % change on previous year | 92.52 % change on previous year | 10 |
| 1990s | 32.89 % change on previous year | 2.4 % change on previous year | 64.87 % change on previous year | 10 |
| 2000s | 29.59 % change on previous year | 5.2 % change on previous year | 58.17 % change on previous year | 10 |
| 2010s | 29.2 % change on previous year | 5.56 % change on previous year | 153.39 % change on previous year | 10 |
| 2020s | 17.8 % change on previous year | 10.57 % change on previous year | 22.26 % change on previous year | 5 |
Countries ranked near Ghana
- 28 Vietnam 18.36 % change on previous year compare
- 29 Bulgaria 16.72 % change on previous year compare
- 30 Nepal 16.58 % change on previous year compare
- 32 Togo 16.3 % change on previous year compare
- 33 Equatorial Guinea 15.99 % change on previous year compare
- 34 Belarus 15.94 % change on previous year compare
More economy & growth data for Ghana
- Real gdp growth, annual growth rate 86.92 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 457.43 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.374 units per person (2025)
- SDRs holdings, SDR, annual growth rate 430.83 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.2731 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is general government final consumption expenditure (current lcu) in Ghana?
- General government final consumption expenditure (current lcu) in Ghana was 16.35 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (current lcu) recorded in Ghana?
- The highest recorded value was 153.39 % change on previous year in 2011.
- What is the lowest general government final consumption expenditure (current lcu) recorded in Ghana?
- The lowest recorded value was -12.23 % change on previous year in 1982.
- How does Ghana rank for general government final consumption expenditure (current lcu)?
- Ghana ranks 31st out of 185 countries with data for 2024.
- Is general government final consumption expenditure (current lcu) rising or falling in Ghana?
- Over the last ten years it is down 18.3%. 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 General government final consumption expenditure (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 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 General government final consumption expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- General government final consumption expenditure 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 General government final consumption expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.