Gross national expenditure in Ghana
Ghana: Gross national expenditure was 97.7% in 2024. ▲ Rising
Gross national expenditure in Ghana, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2024, gross national expenditure in Ghana stood at 97.7%.
Compared with earlier readings it is down 3.1% on the previous year and down 9.0% over ten years.
Over the whole period, gross national expenditure in Ghana peaked at 125.3% in 2005 and was at its lowest, 94.5%, in 1972.
That places Ghana 124th out of 186 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 57 years of available data.
Gross national expenditure in Ghana, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 107.2% | — |
| 1961 | 110.3% | +2.9% |
| 1962 | 104.3% | -5.5% |
| 1963 | 106.3% | +1.9% |
| 1964 | 104.0% | -2.2% |
| 1965 | 109.6% | +5.4% |
| 1966 | 105.0% | -4.2% |
| 1967 | 102.5% | -2.4% |
| 1968 | 100.5% | -2.0% |
| 1969 | 100.6% | +0.1% |
| 1970 | 101.4% | +0.8% |
| 1971 | 104.5% | +3.1% |
| 1972 | 94.5% | -9.5% |
| 1973 | 94.9% | +0.4% |
| 1974 | 103.5% | +9.0% |
| 1975 | 99.1% | -4.3% |
| 1984 | 102.7% | +3.7% |
| 1985 | 102.9% | +0.2% |
| 1986 | 103.6% | +0.6% |
| 1987 | 106.5% | +2.9% |
| 1988 | 105.9% | -0.6% |
| 1989 | 107.6% | +1.6% |
| 1990 | 109.0% | +1.3% |
| 1991 | 108.6% | -0.4% |
| 1992 | 111.5% | +2.7% |
| 1993 | 116.2% | +4.1% |
| 1994 | 111.5% | -4.0% |
| 1995 | 108.4% | -2.8% |
| 1996 | 108.0% | -0.4% |
| 1997 | 120.6% | +11.7% |
| 1998 | 112.9% | -6.4% |
| 1999 | 117.5% | +4.2% |
| 2000 | 118.4% | +0.8% |
| 2001 | 119.6% | +1.0% |
| 2002 | 112.3% | -6.1% |
| 2003 | 115.9% | +3.3% |
| 2004 | 121.1% | +4.4% |
| 2005 | 125.3% | +3.5% |
| 2006 | 113.1% | -9.7% |
| 2007 | 116.3% | +2.9% |
| 2008 | 119.5% | +2.7% |
| 2009 | 113.0% | -5.4% |
| 2010 | 113.8% | +0.7% |
| 2011 | 112.4% | -1.2% |
| 2012 | 112.5% | +0.0% |
| 2013 | 109.9% | -2.3% |
| 2014 | 107.4% | -2.3% |
| 2015 | 108.9% | +1.4% |
| 2016 | 105.5% | -3.1% |
| 2017 | 102.8% | -2.6% |
| 2018 | 101.0% | -1.7% |
| 2019 | 101.9% | +0.9% |
| 2020 | 103.5% | +1.6% |
| 2021 | 102.6% | -0.9% |
| 2022 | 100.8% | -1.8% |
| 2023 | 100.8% | +0.1% |
| 2024 | 97.7% | -3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 105.0% | 100.5% | 110.3% | 10 |
| 1970s | 99.6% | 94.5% | 104.5% | 6 |
| 1980s | 104.9% | 102.7% | 107.6% | 6 |
| 1990s | 112.4% | 108.0% | 120.6% | 10 |
| 2000s | 117.4% | 112.3% | 125.3% | 10 |
| 2010s | 107.6% | 101.0% | 113.8% | 10 |
| 2020s | 101.1% | 97.7% | 103.5% | 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)
- Exports of goods and services (current LCU), annual growth rate 47.01 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 4.98 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 12,044 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 9.05 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3044 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 736.3 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 2.09 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.0974 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross national expenditure in Ghana?
- Gross national expenditure in Ghana was 97.7% 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 125.3% in 2005.
- What is the lowest gross national expenditure recorded in Ghana?
- The lowest recorded value was 94.5% in 1972.
- How does Ghana rank for gross national expenditure?
- Ghana ranks 124th out of 186 countries with data for 2024.
- Is gross national expenditure rising or falling in Ghana?
- Over the last ten years it is down 9.0%. The long-run trend across the full record is rising.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.