General government final consumption expenditure (current LCU) in Ghana
Ghana: General government final consumption expenditure (current LCU) was 56.80 billion current LCU in 2024. ◆ Volatile
General government final consumption expenditure in Ghana, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for general government final consumption expenditure in Ghana is 56.80 billion current LCU, measured in 2024. That is the highest value across all 65 years on record.
The figure is up 16.3% on the previous year and up 332.9% over ten years.
Over the whole period, general government final consumption expenditure in Ghana peaked at 56.80 billion current LCU in 2024 and was at its lowest, 8,700 current LCU, in 1960.
That places Ghana 123rd out of 187 countries with data for 2024, putting it 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 (current LCU) in Ghana, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 8,700 current LCU | — |
| 1961 | 10,100 current LCU | +16.1% |
| 1962 | 10,200 current LCU | +1.0% |
| 1963 | 12,500 current LCU | +22.5% |
| 1964 | 14,500 current LCU | +16.0% |
| 1965 | 21,200 current LCU | +46.2% |
| 1966 | 19,800 current LCU | -6.6% |
| 1967 | 22,500 current LCU | +13.6% |
| 1968 | 28,500 current LCU | +26.7% |
| 1969 | 28,500 current LCU | +0.0% |
| 1970 | 29,000 current LCU | +1.8% |
| 1971 | 32,400 current LCU | +11.7% |
| 1972 | 35,500 current LCU | +9.6% |
| 1973 | 38,200 current LCU | +7.6% |
| 1974 | 56,900 current LCU | +49.0% |
| 1975 | 68,800 current LCU | +20.9% |
| 1976 | 79,900 current LCU | +16.1% |
| 1977 | 140,900 current LCU | +76.3% |
| 1978 | 237,100 current LCU | +68.3% |
| 1979 | 290,300 current LCU | +22.4% |
| 1980 | 478,400 current LCU | +64.8% |
| 1981 | 638,400 current LCU | +33.4% |
| 1982 | 560,300 current LCU | -12.2% |
| 1983 | 1.08 million current LCU | +92.5% |
| 1984 | 1.96 million current LCU | +82.1% |
| 1985 | 3.22 million current LCU | +64.2% |
| 1986 | 5.66 million current LCU | +75.5% |
| 1987 | 7.93 million current LCU | +40.2% |
| 1988 | 10.21 million current LCU | +28.6% |
| 1989 | 13.95 million current LCU | +36.7% |
| 1990 | 17.89 million current LCU | +28.2% |
| 1991 | 23.02 million current LCU | +28.7% |
| 1992 | 33.94 million current LCU | +47.4% |
| 1993 | 55.95 million current LCU | +64.9% |
| 1994 | 71.43 million current LCU | +27.7% |
| 1995 | 93.59 million current LCU | +31.0% |
| 1996 | 136.56 million current LCU | +45.9% |
| 1997 | 174.38 million current LCU | +27.7% |
| 1998 | 178.57 million current LCU | +2.4% |
| 1999 | 223.15 million current LCU | +25.0% |
| 2000 | 276.19 million current LCU | +23.8% |
| 2001 | 370.14 million current LCU | +34.0% |
| 2002 | 482.40 million current LCU | +30.3% |
| 2003 | 763.01 million current LCU | +58.2% |
| 2004 | 972.46 million current LCU | +27.5% |
| 2005 | 1.49 billion current LCU | +53.1% |
| 2006 | 1.66 billion current LCU | +11.4% |
| 2007 | 1.97 billion current LCU | +19.0% |
| 2008 | 2.64 billion current LCU | +33.5% |
| 2009 | 2.77 billion current LCU | +5.2% |
| 2010 | 3.25 billion current LCU | +17.4% |
| 2011 | 8.25 billion current LCU | +153.4% |
| 2012 | 8.86 billion current LCU | +7.4% |
| 2013 | 10.93 billion current LCU | +23.4% |
| 2014 | 13.12 billion current LCU | +20.0% |
| 2015 | 14.10 billion current LCU | +7.4% |
| 2016 | 17.32 billion current LCU | +22.9% |
| 2017 | 18.28 billion current LCU | +5.6% |
| 2018 | 21.92 billion current LCU | +19.9% |
| 2019 | 25.11 billion current LCU | +14.5% |
| 2020 | 30.70 billion current LCU | +22.3% |
| 2021 | 36.96 billion current LCU | +20.4% |
| 2022 | 40.87 billion current LCU | +10.6% |
| 2023 | 48.82 billion current LCU | +19.5% |
| 2024 | 56.80 billion current LCU | +16.3% |
Ghana compared with similar countries
- Ghana's 56.80 billion current LCU is below the median for lower middle income countries, which is 156.44 billion current LCU, 36% of the median. (45 countries reporting)
- Ghana's 56.80 billion current LCU is below the median for Sub-Saharan Africa, which is 1.27 trillion current LCU, 4% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where General government final consumption expenditure (current LCU) 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 |
|---|---|---|---|
| 2011 | +153.4% | 3.25 billion current LCU | 8.25 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 17,650 current LCU | 8,700 current LCU | 28,500 current LCU | 10 |
| 1970s | 100,900 current LCU | 29,000 current LCU | 290,300 current LCU | 10 |
| 1980s | 4.57 million current LCU | 478,400 current LCU | 13.95 million current LCU | 10 |
| 1990s | 100.85 million current LCU | 17.89 million current LCU | 223.15 million current LCU | 10 |
| 2000s | 1.34 billion current LCU | 276.19 million current LCU | 2.77 billion current LCU | 10 |
| 2010s | 14.12 billion current LCU | 3.25 billion current LCU | 25.11 billion current LCU | 10 |
| 2020s | 42.83 billion current LCU | 30.70 billion current LCU | 56.80 billion current LCU | 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
Frequently asked questions
- What is general government final consumption expenditure in Ghana?
- General government final consumption expenditure in Ghana was 56.80 billion current LCU 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 56.80 billion current LCU in 2024.
- What is the lowest general government final consumption expenditure recorded in Ghana?
- The lowest recorded value was 8,700 current LCU in 1960.
- How does Ghana rank for general government final consumption expenditure?
- Ghana ranks 123rd out of 187 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in Ghana?
- Over the last ten years it is up 332.9%. 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 (current LCU). 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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.