Gross national expenditure (constant 2015 US$), annual growth rate in Ghana
Ghana: Gross national expenditure (constant 2015 US$), annual growth rate was 5.84 % change on previous year in 2024. ◆ Volatile
Gross national expenditure (constant 2015 US$), annual growth rate in Ghana, 2007–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Ghana recorded 5.84 % change on previous year for gross national expenditure (constant 2015 us$), annual growth rate in 2024.
The figure is up 762.5% on the previous year and up 455.3% over ten years.
Over the whole period, gross national expenditure (constant 2015 us$), annual growth rate in Ghana peaked at 15.5 % change on previous year in 2011 and was at its lowest, -7.47 % change on previous year, in 2009.
That places Ghana 44th out of 163 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (constant 2015 US$), annual growth rate in Ghana, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | 9.23 % change on previous year | — |
| 2008 | 12.29 % change on previous year | +33.2% |
| 2009 | -7.47 % change on previous year | -160.7% |
| 2010 | 4.34 % change on previous year | -158.1% |
| 2011 | 15.5 % change on previous year | +257.2% |
| 2012 | 13.63 % change on previous year | -12.0% |
| 2013 | 2.71 % change on previous year | -80.2% |
| 2014 | -1.64 % change on previous year | -160.7% |
| 2015 | 0.0519 % change on previous year | -103.2% |
| 2016 | 2.43 % change on previous year | +4579.6% |
| 2017 | 3.6 % change on previous year | +48.4% |
| 2018 | 5.87 % change on previous year | +62.9% |
| 2019 | 6.75 % change on previous year | +15.0% |
| 2020 | 2.12 % change on previous year | -68.7% |
| 2021 | 7.12 % change on previous year | +236.4% |
| 2022 | 4.02 % change on previous year | -43.5% |
| 2023 | 0.6771 % change on previous year | -83.1% |
| 2024 | 5.84 % change on previous year | +762.5% |
Ghana compared with similar countries
- Ghana's 5.84 % change on previous year is above the median for lower middle income countries, which is 5.3 % change on previous year, 1.1× the median. (42 countries reporting)
- Ghana's 5.84 % change on previous year is above the median for Sub-Saharan Africa, which is 5 % change on previous year, 1.2× the median. (41 countries reporting)
Biggest year-on-year movements
Years where Gross national expenditure (constant 2015 US$), annual growth rate in Ghana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | +4579.6% | 0.0519 % change on previous year | 2.43 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.68 % change on previous year | -7.47 % change on previous year | 12.29 % change on previous year | 3 |
| 2010s | 5.32 % change on previous year | -1.64 % change on previous year | 15.5 % change on previous year | 10 |
| 2020s | 3.95 % change on previous year | 0.6771 % change on previous year | 7.12 % change on previous year | 5 |
Countries ranked near Ghana
- 41 Botswana 6.17 % change on previous year compare
- 42 Lithuania 5.95 % change on previous year compare
- 43 Cape Verde 5.91 % change on previous year compare
- 45 Yemen 5.73 % change on previous year compare
- 46 Honduras 5.73 % change on previous year compare
- 47 Ethiopia 5.71 % change on previous year compare
More economy & growth data for Ghana
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.15 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 457.43 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ 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 gross national expenditure (constant 2015 us$), annual growth rate in Ghana?
- Gross national expenditure (constant 2015 us$), annual growth rate in Ghana was 5.84 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (constant 2015 us$), annual growth rate recorded in Ghana?
- The highest recorded value was 15.5 % change on previous year in 2011.
- What is the lowest gross national expenditure (constant 2015 us$), annual growth rate recorded in Ghana?
- The lowest recorded value was -7.47 % change on previous year in 2009.
- How does Ghana rank for gross national expenditure (constant 2015 us$), annual growth rate?
- Ghana ranks 44th out of 163 countries with data for 2024.
- Is gross national expenditure (constant 2015 us$), annual growth rate rising or falling in Ghana?
- Over the last ten years it is up 455.3%. 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 Gross national expenditure (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross national expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross national 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 Gross national expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.