Gross national expenditure (current LCU) in Ghana
Ghana: Gross national expenditure (current LCU) was 1.16 trillion current LCU in 2024. ◆ Volatile
Gross national expenditure in Ghana, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross national expenditure in Ghana is 1.16 trillion current LCU, measured in 2024. That is the highest value across all 57 years on record.
The figure is up 29.1% on the previous year and up 578.1% over ten years.
Over the whole period, gross national expenditure in Ghana peaked at 1.16 trillion current LCU in 2024 and was at its lowest, 93,200 current LCU, in 1960.
That places Ghana 96th out of 186 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 (current LCU) in Ghana, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 93,200 current LCU | — |
| 1961 | 102,600 current LCU | +10.1% |
| 1962 | 102,900 current LCU | +0.3% |
| 1963 | 116,900 current LCU | +13.6% |
| 1964 | 128,500 current LCU | +9.9% |
| 1965 | 160,700 current LCU | +25.1% |
| 1966 | 159,400 current LCU | -0.8% |
| 1967 | 154,200 current LCU | -3.3% |
| 1968 | 170,800 current LCU | +10.8% |
| 1969 | 201,300 current LCU | +17.9% |
| 1970 | 229,000 current LCU | +13.8% |
| 1971 | 261,200 current LCU | +14.1% |
| 1972 | 266,100 current LCU | +1.9% |
| 1973 | 332,400 current LCU | +24.9% |
| 1974 | 482,200 current LCU | +45.1% |
| 1975 | 523,400 current LCU | +8.5% |
| 1984 | 27.79 million current LCU | +5210.2% |
| 1985 | 35.31 million current LCU | +27.0% |
| 1986 | 52.96 million current LCU | +50.0% |
| 1987 | 79.47 million current LCU | +50.1% |
| 1988 | 111.30 million current LCU | +40.1% |
| 1989 | 152.49 million current LCU | +37.0% |
| 1990 | 209.31 million current LCU | +37.3% |
| 1991 | 263.54 million current LCU | +25.9% |
| 1992 | 312.64 million current LCU | +18.6% |
| 1993 | 449.79 million current LCU | +43.9% |
| 1994 | 580.38 million current LCU | +29.0% |
| 1995 | 840.52 million current LCU | +44.8% |
| 1996 | 1.22 billion current LCU | +45.7% |
| 1997 | 1.70 billion current LCU | +39.0% |
| 1998 | 1.95 billion current LCU | +14.7% |
| 1999 | 2.42 billion current LCU | +23.9% |
| 2000 | 3.22 billion current LCU | +32.9% |
| 2001 | 4.55 billion current LCU | +41.6% |
| 2002 | 5.49 billion current LCU | +20.5% |
| 2003 | 7.67 billion current LCU | +39.8% |
| 2004 | 9.67 billion current LCU | +26.1% |
| 2005 | 12.18 billion current LCU | +26.0% |
| 2006 | 21.61 billion current LCU | +77.4% |
| 2007 | 26.93 billion current LCU | +24.6% |
| 2008 | 36.05 billion current LCU | +33.9% |
| 2009 | 41.36 billion current LCU | +14.7% |
| 2010 | 52.39 billion current LCU | +26.7% |
| 2011 | 67.25 billion current LCU | +28.4% |
| 2012 | 84.69 billion current LCU | +25.9% |
| 2013 | 136.77 billion current LCU | +61.5% |
| 2014 | 170.38 billion current LCU | +24.6% |
| 2015 | 199.78 billion current LCU | +17.3% |
| 2016 | 231.65 billion current LCU | +16.0% |
| 2017 | 270.14 billion current LCU | +16.6% |
| 2018 | 311.82 billion current LCU | +15.4% |
| 2019 | 363.41 billion current LCU | +16.5% |
| 2020 | 405.75 billion current LCU | +11.7% |
| 2021 | 473.69 billion current LCU | +16.7% |
| 2022 | 619.17 billion current LCU | +30.7% |
| 2023 | 895.26 billion current LCU | +44.6% |
| 2024 | 1.16 trillion current LCU | +29.1% |
Ghana compared with similar countries
- Ghana's 1.16 trillion current LCU is below the median for lower middle income countries, which is 1.86 trillion current LCU, 62% of the median. (45 countries reporting)
- Ghana's 1.16 trillion current LCU is below the median for Sub-Saharan Africa, which is 7.53 trillion current LCU, 15% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where Gross national expenditure (current LCU) 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 |
|---|---|---|---|
| 1984 | +5210.2% | 523,400 current LCU | 27.79 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 139,050 current LCU | 93,200 current LCU | 201,300 current LCU | 10 |
| 1970s | 349,050 current LCU | 229,000 current LCU | 523,400 current LCU | 6 |
| 1980s | 76.55 million current LCU | 27.79 million current LCU | 152.49 million current LCU | 6 |
| 1990s | 995.34 million current LCU | 209.31 million current LCU | 2.42 billion current LCU | 10 |
| 2000s | 16.87 billion current LCU | 3.22 billion current LCU | 41.36 billion current LCU | 10 |
| 2010s | 188.83 billion current LCU | 52.39 billion current LCU | 363.41 billion current LCU | 10 |
| 2020s | 709.84 billion current LCU | 405.75 billion current LCU | 1.16 trillion current LCU | 5 |
Countries ranked near Ghana
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 1.16 trillion current LCU 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 1.16 trillion current LCU in 2024.
- What is the lowest gross national expenditure recorded in Ghana?
- The lowest recorded value was 93,200 current LCU in 1960.
- How does Ghana rank for gross national expenditure?
- Ghana ranks 96th out of 186 countries with data for 2024.
- Is gross national expenditure rising or falling in Ghana?
- Over the last ten years it is up 578.1%. 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 Gross national expenditure (current LCU). 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.