Gross national expenditure (current US$) in Ghana
Ghana: Gross national expenditure (current US$) was 81.35 billion current US$ in 2024. ◆ Volatile
Latest (2024)
81.35 billion current US$
Change on year
up 0.2%
World rank
83rd
of 186 countries
All-time high
81.58 billion current US$
in 2021
All-time low
1.31 billion current US$
in 1960
Years of data
57
1960–2024
Gross national expenditure in Ghana, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gross national expenditure in Ghana is 81.35 billion current US$, measured in 2024.
That represents a change of up 0.2% on the previous year and up 38.6% over ten years.
Over the whole period, gross national expenditure in Ghana peaked at 81.58 billion current US$ in 2021 and was at its lowest, 1.31 billion current US$, in 1960.
Ghana ranks 83rd of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (current US$) in Ghana, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 1.31 billion current US$ | — |
| 1961 | 1.44 billion current US$ | +10.1% |
| 1962 | 1.44 billion current US$ | +0.3% |
| 1963 | 1.64 billion current US$ | +13.6% |
| 1964 | 1.80 billion current US$ | +9.9% |
| 1965 | 2.25 billion current US$ | +25.1% |
| 1966 | 2.23 billion current US$ | -0.8% |
| 1967 | 1.79 billion current US$ | -19.8% |
| 1968 | 1.67 billion current US$ | -6.5% |
| 1969 | 1.97 billion current US$ | +17.9% |
| 1970 | 2.25 billion current US$ | +13.8% |
| 1971 | 2.53 billion current US$ | +12.5% |
| 1972 | 2.00 billion current US$ | -20.9% |
| 1973 | 2.85 billion current US$ | +43.0% |
| 1974 | 3.00 billion current US$ | +4.9% |
| 1975 | 2.78 billion current US$ | -7.0% |
| 1984 | 4.53 billion current US$ | +62.8% |
| 1985 | 4.64 billion current US$ | +2.3% |
| 1986 | 5.94 billion current US$ | +28.1% |
| 1987 | 5.41 billion current US$ | -9.0% |
| 1988 | 5.50 billion current US$ | +1.8% |
| 1989 | 5.65 billion current US$ | +2.7% |
| 1990 | 6.42 billion current US$ | +13.6% |
| 1991 | 7.17 billion current US$ | +11.7% |
| 1992 | 7.16 billion current US$ | -0.2% |
| 1993 | 6.93 billion current US$ | -3.1% |
| 1994 | 6.07 billion current US$ | -12.4% |
| 1995 | 7.01 billion current US$ | +15.4% |
| 1996 | 7.49 billion current US$ | +6.8% |
| 1997 | 8.31 billion current US$ | +11.0% |
| 1998 | 8.44 billion current US$ | +1.6% |
| 1999 | 9.07 billion current US$ | +7.4% |
| 2000 | 5.90 billion current US$ | -34.9% |
| 2001 | 6.36 billion current US$ | +7.7% |
| 2002 | 6.92 billion current US$ | +8.9% |
| 2003 | 8.85 billion current US$ | +27.8% |
| 2004 | 10.75 billion current US$ | +21.5% |
| 2005 | 13.46 billion current US$ | +25.2% |
| 2006 | 23.62 billion current US$ | +75.5% |
| 2007 | 28.88 billion current US$ | +22.3% |
| 2008 | 34.26 billion current US$ | +18.6% |
| 2009 | 29.44 billion current US$ | -14.1% |
| 2010 | 36.64 billion current US$ | +24.5% |
| 2011 | 44.22 billion current US$ | +20.7% |
| 2012 | 46.41 billion current US$ | +4.9% |
| 2013 | 69.05 billion current US$ | +48.8% |
| 2014 | 58.71 billion current US$ | -15.0% |
| 2015 | 53.82 billion current US$ | -8.3% |
| 2016 | 59.23 billion current US$ | +10.1% |
| 2017 | 62.07 billion current US$ | +4.8% |
| 2018 | 67.96 billion current US$ | +9.5% |
| 2019 | 69.67 billion current US$ | +2.5% |
| 2020 | 72.48 billion current US$ | +4.0% |
| 2021 | 81.58 billion current US$ | +12.6% |
| 2022 | 74.50 billion current US$ | -8.7% |
| 2023 | 81.23 billion current US$ | +9.0% |
| 2024 | 81.35 billion current US$ | +0.2% |
Ghana compared with similar countries
- Ghana's 81.35 billion current US$ is above the median for lower middle income countries, which is 34.26 billion current US$, 2.4× the median. (45 countries reporting)
- Ghana's 81.35 billion current US$ is above the median for Sub-Saharan Africa, which is 21.21 billion current US$, 3.8× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.75 billion current US$ | 1.31 billion current US$ | 2.25 billion current US$ | 10 |
| 1970s | 2.57 billion current US$ | 2.00 billion current US$ | 3.00 billion current US$ | 6 |
| 1980s | 5.28 billion current US$ | 4.53 billion current US$ | 5.94 billion current US$ | 6 |
| 1990s | 7.41 billion current US$ | 6.07 billion current US$ | 9.07 billion current US$ | 10 |
| 2000s | 16.84 billion current US$ | 5.90 billion current US$ | 34.26 billion current US$ | 10 |
| 2010s | 56.78 billion current US$ | 36.64 billion current US$ | 69.67 billion current US$ | 10 |
| 2020s | 78.23 billion current US$ | 72.48 billion current US$ | 81.58 billion current US$ | 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 81.35 billion current 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 81.58 billion current US$ in 2021.
- What is the lowest gross national expenditure recorded in Ghana?
- The lowest recorded value was 1.31 billion current US$ in 1960.
- How does Ghana rank for gross national expenditure?
- Ghana ranks 83rd 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 38.6%. 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 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.