Gross national expenditure (constant 2015 US$) in Ghana
Ghana: Gross national expenditure (constant 2015 US$) was 78.24 billion constant 2015 US$ in 2024. ▲ Rising
Gross national expenditure in Ghana, 2006–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2024, gross national expenditure in Ghana stood at 78.24 billion constant 2015 US$. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 5.8% on the previous year and up 45.5% over ten years.
Over the whole period, gross national expenditure in Ghana peaked at 78.24 billion constant 2015 US$ in 2024 and was at its lowest, 34.26 billion constant 2015 US$, in 2006.
Ghana ranks 68th of 163 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Gross national expenditure (constant 2015 US$) in Ghana, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2006 | 34.26 billion constant 2015 US$ | — |
| 2007 | 37.42 billion constant 2015 US$ | +9.2% |
| 2008 | 42.02 billion constant 2015 US$ | +12.3% |
| 2009 | 38.88 billion constant 2015 US$ | -7.5% |
| 2010 | 40.57 billion constant 2015 US$ | +4.3% |
| 2011 | 46.86 billion constant 2015 US$ | +15.5% |
| 2012 | 53.25 billion constant 2015 US$ | +13.6% |
| 2013 | 54.69 billion constant 2015 US$ | +2.7% |
| 2014 | 53.79 billion constant 2015 US$ | -1.6% |
| 2015 | 53.82 billion constant 2015 US$ | +0.1% |
| 2016 | 55.12 billion constant 2015 US$ | +2.4% |
| 2017 | 57.11 billion constant 2015 US$ | +3.6% |
| 2018 | 60.46 billion constant 2015 US$ | +5.9% |
| 2019 | 64.54 billion constant 2015 US$ | +6.7% |
| 2020 | 65.90 billion constant 2015 US$ | +2.1% |
| 2021 | 70.59 billion constant 2015 US$ | +7.1% |
| 2022 | 73.43 billion constant 2015 US$ | +4.0% |
| 2023 | 73.93 billion constant 2015 US$ | +0.7% |
| 2024 | 78.24 billion constant 2015 US$ | +5.8% |
Ghana compared with similar countries
- Ghana's 78.24 billion constant 2015 US$ is above the median for lower middle income countries, which is 21.15 billion constant 2015 US$, 3.7× the median. (42 countries reporting)
- Ghana's 78.24 billion constant 2015 US$ is above the median for Sub-Saharan Africa, which is 17.34 billion constant 2015 US$, 4.5× the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 38.15 billion constant 2015 US$ | 34.26 billion constant 2015 US$ | 42.02 billion constant 2015 US$ | 4 |
| 2010s | 54.02 billion constant 2015 US$ | 40.57 billion constant 2015 US$ | 64.54 billion constant 2015 US$ | 10 |
| 2020s | 72.42 billion constant 2015 US$ | 65.90 billion constant 2015 US$ | 78.24 billion constant 2015 US$ | 5 |
Countries ranked near Ghana
- 65 Tanzania 83.23 billion constant 2015 US$ compare
- 66 Oman 82.64 billion constant 2015 US$ compare
- 67 Cote d'Ivoire 81.28 billion constant 2015 US$ compare
- 69 Croatia 75.15 billion constant 2015 US$ compare
- 70 Costa Rica 75.05 billion constant 2015 US$ compare
- 71 Panama 73.59 billion constant 2015 US$ 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 in Ghana?
- Gross national expenditure in Ghana was 78.24 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Ghana?
- The highest recorded value was 78.24 billion constant 2015 US$ in 2024.
- What is the lowest gross national expenditure recorded in Ghana?
- The lowest recorded value was 34.26 billion constant 2015 US$ in 2006.
- How does Ghana rank for gross national expenditure?
- Ghana ranks 68th out of 163 countries with data for 2024.
- Is gross national expenditure rising or falling in Ghana?
- Over the last ten years it is up 45.5%. The long-run trend across the full record is rising.
- 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 Gross national expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.