General government final consumption expenditure (current US$) in Ghana
Ghana: General government final consumption expenditure (current US$) was 4.00 billion current US$ 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 US$.
Analysis
Ghana recorded 4.00 billion current US$ for general government final consumption expenditure in 2024.
Compared with earlier readings it is down 9.7% on the previous year and down 11.5% over ten years.
Over the whole period, general government final consumption expenditure in Ghana peaked at 6.37 billion current US$ in 2021 and was at its lowest, 121.86 million current US$, in 1960.
That places Ghana 112th out of 187 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure (current US$) in Ghana, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 121.86 million current US$ | — |
| 1961 | 141.47 million current US$ | +16.1% |
| 1962 | 142.87 million current US$ | +1.0% |
| 1963 | 175.09 million current US$ | +22.5% |
| 1964 | 203.10 million current US$ | +16.0% |
| 1965 | 296.95 million current US$ | +46.2% |
| 1966 | 277.34 million current US$ | -6.6% |
| 1967 | 261.38 million current US$ | -5.8% |
| 1968 | 279.45 million current US$ | +6.9% |
| 1969 | 279.45 million current US$ | +0.0% |
| 1970 | 284.36 million current US$ | +1.8% |
| 1971 | 313.26 million current US$ | +10.2% |
| 1972 | 266.38 million current US$ | -15.0% |
| 1973 | 328.07 million current US$ | +23.2% |
| 1974 | 353.42 million current US$ | +7.7% |
| 1975 | 365.96 million current US$ | +3.5% |
| 1976 | 338.56 million current US$ | -7.5% |
| 1977 | 402.57 million current US$ | +18.9% |
| 1978 | 413.79 million current US$ | +2.8% |
| 1979 | 413.53 million current US$ | -0.1% |
| 1980 | 496.27 million current US$ | +20.0% |
| 1981 | 371.16 million current US$ | -25.2% |
| 1982 | 261.58 million current US$ | -29.5% |
| 1983 | 237.81 million current US$ | -9.1% |
| 1984 | 320.30 million current US$ | +34.7% |
| 1985 | 423.33 million current US$ | +32.2% |
| 1986 | 634.77 million current US$ | +49.9% |
| 1987 | 539.67 million current US$ | -15.0% |
| 1988 | 504.60 million current US$ | -6.5% |
| 1989 | 517.03 million current US$ | +2.5% |
| 1990 | 548.37 million current US$ | +6.1% |
| 1991 | 626.19 million current US$ | +14.2% |
| 1992 | 776.83 million current US$ | +24.1% |
| 1993 | 862.47 million current US$ | +11.0% |
| 1994 | 747.43 million current US$ | -13.3% |
| 1995 | 780.48 million current US$ | +4.4% |
| 1996 | 834.99 million current US$ | +7.0% |
| 1997 | 851.48 million current US$ | +2.0% |
| 1998 | 772.46 million current US$ | -9.3% |
| 1999 | 836.90 million current US$ | +8.3% |
| 2000 | 506.84 million current US$ | -39.4% |
| 2001 | 516.73 million current US$ | +2.0% |
| 2002 | 608.77 million current US$ | +17.8% |
| 2003 | 880.30 million current US$ | +44.6% |
| 2004 | 1.08 billion current US$ | +22.8% |
| 2005 | 1.64 billion current US$ | +52.1% |
| 2006 | 1.81 billion current US$ | +10.2% |
| 2007 | 2.12 billion current US$ | +16.7% |
| 2008 | 2.50 billion current US$ | +18.3% |
| 2009 | 1.97 billion current US$ | -21.2% |
| 2010 | 2.28 billion current US$ | +15.4% |
| 2011 | 5.42 billion current US$ | +138.3% |
| 2012 | 4.86 billion current US$ | -10.5% |
| 2013 | 5.52 billion current US$ | +13.7% |
| 2014 | 4.52 billion current US$ | -18.1% |
| 2015 | 3.80 billion current US$ | -16.0% |
| 2016 | 4.43 billion current US$ | +16.6% |
| 2017 | 4.20 billion current US$ | -5.1% |
| 2018 | 4.78 billion current US$ | +13.7% |
| 2019 | 4.81 billion current US$ | +0.7% |
| 2020 | 5.48 billion current US$ | +13.9% |
| 2021 | 6.37 billion current US$ | +16.1% |
| 2022 | 4.92 billion current US$ | -22.7% |
| 2023 | 4.43 billion current US$ | -9.9% |
| 2024 | 4.00 billion current US$ | -9.7% |
Ghana compared with similar countries
- Ghana's 4.00 billion current US$ is above the median for lower middle income countries, which is 2.90 billion current US$, 1.4× the median. (45 countries reporting)
- Ghana's 4.00 billion current US$ is above the median for Sub-Saharan Africa, which is 2.72 billion current US$, 1.5× the median. (45 countries reporting)
Biggest year-on-year movements
Years where General government final consumption expenditure (current US$) 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 | +138.3% | 2.28 billion current US$ | 5.42 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 217.90 million current US$ | 121.86 million current US$ | 296.95 million current US$ | 10 |
| 1970s | 347.99 million current US$ | 266.38 million current US$ | 413.79 million current US$ | 10 |
| 1980s | 430.65 million current US$ | 237.81 million current US$ | 634.77 million current US$ | 10 |
| 1990s | 763.76 million current US$ | 548.37 million current US$ | 862.47 million current US$ | 10 |
| 2000s | 1.36 billion current US$ | 506.84 million current US$ | 2.50 billion current US$ | 10 |
| 2010s | 4.46 billion current US$ | 2.28 billion current US$ | 5.52 billion current US$ | 10 |
| 2020s | 5.04 billion current US$ | 4.00 billion current US$ | 6.37 billion current US$ | 5 |
Countries ranked near Ghana
- 109 Mozambique 4.29 billion current US$ compare
- 110 Afghanistan 4.20 billion current US$ compare
- 111 Equatorial Guinea 4.16 billion current US$ compare
- 113 Mali 3.93 billion current US$ compare
- 114 Albania 3.92 billion current US$ compare
- 115 Nepal 3.81 billion current US$ 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 in Ghana?
- General government final consumption expenditure in Ghana was 4.00 billion current US$ 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 6.37 billion current US$ in 2021.
- What is the lowest general government final consumption expenditure recorded in Ghana?
- The lowest recorded value was 121.86 million current US$ in 1960.
- How does Ghana rank for general government final consumption expenditure?
- Ghana ranks 112th 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 down 11.5%. 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 US$). 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 indicator is expressed in United States dollars.