Gross national expenditure (constant LCU), annual growth rate in Ghana
Ghana: Gross national expenditure (constant LCU), annual growth rate was 5.71 % change on previous year in 2024. ◆ Volatile
Gross national expenditure (constant LCU), annual growth rate in Ghana, 2007–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross national expenditure (constant lcu), annual growth rate in Ghana is 5.71 % change on previous year, measured in 2024.
Compared with earlier readings it is up 307.4% on the previous year and up 415.1% over ten years.
Over the whole period, gross national expenditure (constant lcu), annual growth rate in Ghana peaked at 15.19 % change on previous year in 2011 and was at its lowest, -6.88 % change on previous year, in 2009.
That places Ghana 48th out of 168 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 LCU), annual growth rate in Ghana, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | 8.97 % change on previous year | — |
| 2008 | 12.47 % change on previous year | +39.0% |
| 2009 | -6.88 % change on previous year | -155.2% |
| 2010 | 5.3 % change on previous year | -177.0% |
| 2011 | 15.19 % change on previous year | +186.4% |
| 2012 | 12.87 % change on previous year | -15.3% |
| 2013 | 3.68 % change on previous year | -71.4% |
| 2014 | -1.81 % change on previous year | -149.2% |
| 2015 | 0.1273 % change on previous year | -107.0% |
| 2016 | 2.16 % change on previous year | +1593.2% |
| 2017 | 3.67 % change on previous year | +70.1% |
| 2018 | 5.69 % change on previous year | +55.1% |
| 2019 | 7.26 % change on previous year | +27.7% |
| 2020 | 2.14 % change on previous year | -70.5% |
| 2021 | 7.16 % change on previous year | +234.5% |
| 2022 | 4.11 % change on previous year | -42.6% |
| 2023 | 1.4 % change on previous year | -65.9% |
| 2024 | 5.71 % change on previous year | +307.4% |
Biggest year-on-year movements
Years where Gross national expenditure (constant LCU), 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 | +1593.2% | 0.1273 % change on previous year | 2.16 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.85 % change on previous year | -6.88 % change on previous year | 12.47 % change on previous year | 3 |
| 2010s | 5.41 % change on previous year | -1.81 % change on previous year | 15.19 % change on previous year | 10 |
| 2020s | 4.1 % change on previous year | 1.4 % change on previous year | 7.16 % change on previous year | 5 |
Countries ranked near Ghana
- 45 Sierra Leone 5.76 % change on previous year compare
- 46 Yemen 5.75 % change on previous year compare
- 47 Honduras 5.73 % change on previous year compare
- 49 Kazakhstan 5.66 % change on previous year compare
- 50 Peru 5.58 % change on previous year compare
- 51 Belarus 5.55 % 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 38.84 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0003 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1.11 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.91 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 8.08 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0167 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 54.42 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 23.42 % change on previous year (2024)
Frequently asked questions
- What is gross national expenditure (constant lcu), annual growth rate in Ghana?
- Gross national expenditure (constant lcu), annual growth rate in Ghana was 5.71 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (constant lcu), annual growth rate recorded in Ghana?
- The highest recorded value was 15.19 % change on previous year in 2011.
- What is the lowest gross national expenditure (constant lcu), annual growth rate recorded in Ghana?
- The lowest recorded value was -6.88 % change on previous year in 2009.
- How does Ghana rank for gross national expenditure (constant lcu), annual growth rate?
- Ghana ranks 48th out of 168 countries with data for 2024.
- Is gross national expenditure (constant lcu), annual growth rate rising or falling in Ghana?
- Over the last ten years it is up 415.1%. 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 LCU), 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 LCU). 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 LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.