Gross national expenditure (current LCU), annual growth rate in Ghana
Ghana: Gross national expenditure (current LCU), annual growth rate was 29.05 % change on previous year in 2024. ◆ Volatile
Latest (2024)
29.05 % change on previous year
Change on year
down 34.8%
World rank
13th
of 185 countries
All-time high
77.38 % change on previous year
in 2006
All-time low
-3.26 % change on previous year
in 1967
Years of data
55
1961–2024
Gross national expenditure (current LCU), annual growth rate in Ghana, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Ghana recorded 29.05 % change on previous year for gross national expenditure (current lcu), annual growth rate in 2024.
Compared with earlier readings it is down 34.8% on the previous year and up 18.2% over ten years.
Over the whole period, gross national expenditure (current lcu), annual growth rate in Ghana peaked at 77.38 % change on previous year in 2006 and was at its lowest, -3.26 % change on previous year, in 1967.
That places Ghana 13th out of 185 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (current LCU), annual growth rate in Ghana, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 10.09 % change on previous year | — |
| 1962 | 0.2924 % change on previous year | -97.1% |
| 1963 | 13.61 % change on previous year | +4553.0% |
| 1964 | 9.92 % change on previous year | -27.1% |
| 1965 | 25.06 % change on previous year | +152.5% |
| 1966 | -0.809 % change on previous year | -103.2% |
| 1967 | -3.26 % change on previous year | +303.3% |
| 1968 | 10.77 % change on previous year | -430.0% |
| 1969 | 17.86 % change on previous year | +65.9% |
| 1970 | 13.76 % change on previous year | -22.9% |
| 1971 | 14.06 % change on previous year | +2.2% |
| 1972 | 1.88 % change on previous year | -86.7% |
| 1973 | 24.92 % change on previous year | +1228.1% |
| 1974 | 45.07 % change on previous year | +80.9% |
| 1975 | 8.54 % change on previous year | -81.0% |
| 1985 | 27.05 % change on previous year | +216.6% |
| 1986 | 49.98 % change on previous year | +84.8% |
| 1987 | 50.05 % change on previous year | +0.1% |
| 1988 | 40.06 % change on previous year | -20.0% |
| 1989 | 37.01 % change on previous year | -7.6% |
| 1990 | 37.26 % change on previous year | +0.7% |
| 1991 | 25.91 % change on previous year | -30.5% |
| 1992 | 18.63 % change on previous year | -28.1% |
| 1993 | 43.87 % change on previous year | +135.5% |
| 1994 | 29.03 % change on previous year | -33.8% |
| 1995 | 44.82 % change on previous year | +54.4% |
| 1996 | 45.67 % change on previous year | +1.9% |
| 1997 | 39 % change on previous year | -14.6% |
| 1998 | 14.7 % change on previous year | -62.3% |
| 1999 | 23.93 % change on previous year | +62.8% |
| 2000 | 32.94 % change on previous year | +37.7% |
| 2001 | 41.56 % change on previous year | +26.1% |
| 2002 | 20.49 % change on previous year | -50.7% |
| 2003 | 39.83 % change on previous year | +94.4% |
| 2004 | 26.1 % change on previous year | -34.5% |
| 2005 | 25.98 % change on previous year | -0.5% |
| 2006 | 77.38 % change on previous year | +197.8% |
| 2007 | 24.61 % change on previous year | -68.2% |
| 2008 | 33.87 % change on previous year | +37.6% |
| 2009 | 14.73 % change on previous year | -56.5% |
| 2010 | 26.67 % change on previous year | +81.1% |
| 2011 | 28.36 % change on previous year | +6.4% |
| 2012 | 25.94 % change on previous year | -8.5% |
| 2013 | 61.49 % change on previous year | +137.0% |
| 2014 | 24.57 % change on previous year | -60.0% |
| 2015 | 17.25 % change on previous year | -29.8% |
| 2016 | 15.95 % change on previous year | -7.6% |
| 2017 | 16.62 % change on previous year | +4.2% |
| 2018 | 15.43 % change on previous year | -7.1% |
| 2019 | 16.54 % change on previous year | +7.2% |
| 2020 | 11.65 % change on previous year | -29.6% |
| 2021 | 16.74 % change on previous year | +43.7% |
| 2022 | 30.71 % change on previous year | +83.4% |
| 2023 | 44.59 % change on previous year | +45.2% |
| 2024 | 29.05 % change on previous year | -34.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.28 % change on previous year | -3.26 % change on previous year | 25.06 % change on previous year | 9 |
| 1970s | 18.04 % change on previous year | 1.88 % change on previous year | 45.07 % change on previous year | 6 |
| 1980s | 40.83 % change on previous year | 27.05 % change on previous year | 50.05 % change on previous year | 5 |
| 1990s | 32.28 % change on previous year | 14.7 % change on previous year | 45.67 % change on previous year | 10 |
| 2000s | 33.75 % change on previous year | 14.73 % change on previous year | 77.38 % change on previous year | 10 |
| 2010s | 24.88 % change on previous year | 15.43 % change on previous year | 61.49 % change on previous year | 10 |
| 2020s | 26.55 % change on previous year | 11.65 % change on previous year | 44.59 % change on previous year | 5 |
Countries ranked near Ghana
- 10 Malawi 32.84 % change on previous year compare
- 11 Iran, Islamic Republic of 32.23 % change on previous year compare
- 12 Yemen 29.74 % change on previous year compare
- 14 Haiti 29.02 % change on previous year compare
- 15 Ethiopia 28.77 % change on previous year compare
- 16 Lebanon 27.81 % 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)
- Final consumption expenditure (constant 2015 US$), per capita 1,869 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate 0.155 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 0.9768 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 2,363 current US$ per person (2024)
- Gross national expenditure (current LCU), per unit of GDP 13.87 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 33,559 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate 5.84 % change on previous year (2024)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.9394 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross national expenditure (current lcu), annual growth rate in Ghana?
- Gross national expenditure (current lcu), annual growth rate in Ghana was 29.05 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (current lcu), annual growth rate recorded in Ghana?
- The highest recorded value was 77.38 % change on previous year in 2006.
- What is the lowest gross national expenditure (current lcu), annual growth rate recorded in Ghana?
- The lowest recorded value was -3.26 % change on previous year in 1967.
- How does Ghana rank for gross national expenditure (current lcu), annual growth rate?
- Ghana ranks 13th out of 185 countries with data for 2024.
- Is gross national expenditure (current lcu), annual growth rate rising or falling in Ghana?
- Over the last ten years it is up 18.2%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 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 (current 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.