Gross national expenditure deflator (base year varies by country) in Ghana

Ghana: Gross national expenditure deflator (base year varies by country) was 22.08 % change on previous year in 2024. ◆ Volatile

Latest (2024)
22.08 % change on previous year
Change on year
down 48.2%
World rank
14th
of 168 countries
All-time high
55.76 % change on previous year
in 2013
All-time low
8.65 % change on previous year
in 2019
Years of data
18
2007–2024

Gross national expenditure deflator (base year varies by country) in Ghana, 2007–2024

1020304050602007201520242007: 14.4 % change on previous year2008: 19 % change on previous year2009: 23.2 % change on previous year2010: 20.3 % change on previous year2011: 11.4 % change on previous year2012: 11.6 % change on previous year2013: 55.8 % change on previous year2014: 26.9 % change on previous year2015: 17.1 % change on previous year2016: 13.5 % change on previous year2017: 12.5 % change on previous year2018: 9.2 % change on previous year2019: 8.7 % change on previous year2020: 9.3 % change on previous year2021: 8.9 % change on previous year2022: 25.6 % change on previous year2023: 42.6 % change on previous year2024: 22.1 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross national expenditure deflator (base year varies by country) in Ghana is 22.08 % change on previous year, measured in 2024.

Compared with earlier readings it is down 48.2% on the previous year and down 17.8% over ten years.

Over the whole period, gross national expenditure deflator (base year varies by country) in Ghana peaked at 55.76 % change on previous year in 2013 and was at its lowest, 8.65 % change on previous year, in 2019.

Ghana ranks 14th of 168 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Gross national expenditure deflator (base year varies by country) in Ghana, year by year

Annual values for Gross national expenditure deflator (base year varies by country), annual growth rate in Ghana, 2007 to 2024.
Year % change on previous year Change
2007 14.35 % change on previous year
2008 19.03 % change on previous year +32.6%
2009 23.21 % change on previous year +22.0%
2010 20.28 % change on previous year -12.6%
2011 11.43 % change on previous year -43.6%
2012 11.58 % change on previous year +1.2%
2013 55.76 % change on previous year +381.7%
2014 26.87 % change on previous year -51.8%
2015 17.11 % change on previous year -36.3%
2016 13.51 % change on previous year -21.0%
2017 12.49 % change on previous year -7.5%
2018 9.22 % change on previous year -26.2%
2019 8.65 % change on previous year -6.1%
2020 9.31 % change on previous year +7.6%
2021 8.95 % change on previous year -4.0%
2022 25.56 % change on previous year +185.7%
2023 42.59 % change on previous year +66.6%
2024 22.08 % change on previous year -48.2%

Ghana compared with similar countries

  • Ghana's 22.08 % change on previous year is above the median for lower middle income countries, which is 4.4 % change on previous year, 5.0× the median. (43 countries reporting)
  • Ghana's 22.08 % change on previous year is above the median for Sub-Saharan Africa, which is 3.76 % change on previous year, 5.9× the median. (44 countries reporting)

Biggest year-on-year movements

Years where Gross national expenditure deflator (base year varies by country) 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.

YearChange FromTo
2013 +381.7% 11.58 % change on previous year 55.76 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
2000s 18.86 % change on previous year 14.35 % change on previous year 23.21 % change on previous year 3
2010s 18.69 % change on previous year 8.65 % change on previous year 55.76 % change on previous year 10
2020s 21.7 % change on previous year 8.95 % change on previous year 42.59 % change on previous year 5

Countries ranked near Ghana

  1. 11 Egypt 28.08 % change on previous year compare
  2. 12 Angola 27.4 % change on previous year compare
  3. 13 Yemen 22.69 % change on previous year compare
  4. 15 Ethiopia 21.74 % change on previous year compare
  5. 16 Gambia 17.97 % change on previous year compare
  6. 17 Bulgaria 14.77 % change on previous year compare

See the full ranking of 168 places →

More economy & growth data for Ghana

All data for Ghana →

Frequently asked questions

What is gross national expenditure deflator (base year varies by country) in Ghana?
Gross national expenditure deflator (base year varies by country) in Ghana was 22.08 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross national expenditure deflator (base year varies by country) recorded in Ghana?
The highest recorded value was 55.76 % change on previous year in 2013.
What is the lowest gross national expenditure deflator (base year varies by country) recorded in Ghana?
The lowest recorded value was 8.65 % change on previous year in 2019.
How does Ghana rank for gross national expenditure deflator (base year varies by country)?
Ghana ranks 14th out of 168 countries with data for 2024.
Is gross national expenditure deflator (base year varies by country) rising or falling in Ghana?
Over the last ten years it is down 17.8%. 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 deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.

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Gross national expenditure deflator (base year varies by country) in Ghana. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/gross-national-expenditure-deflator-base-year-varies-by-country-annual-growth-rate/ghana/

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How this figure is calculated

The year-on-year percentage change in Gross national expenditure deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross national expenditure deflator (base year varies by country), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
168 places, 6,675 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross national expenditure deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.