Gross national expenditure in Ghana
Ghana: Gross national expenditure 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 185 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 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% |
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)
- GNI, Atlas method (current US$), annual growth rate 18.54 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.8078 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 2,631 current US$ per person (2025)
- GNI (current US$), annual growth rate 37.45 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9388 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 3,058 current US$ per person (2025)
- GNI (current LCU), annual growth rate 21.53 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 11.79 current LCU 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 185 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.