Households and NPISHs Final consumption expenditure in Ghana
Ghana: Households and NPISHs Final consumption expenditure was 4.5% in 2024. ◆ Volatile
Households and NPISHs Final consumption expenditure in Ghana, 2007–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
Ghana recorded 4.5% for households and npishs final consumption expenditure in 2024.
That represents a change of down 56.0% on the previous year and up 190.0% over ten years.
Over the whole period, households and npishs final consumption expenditure in Ghana peaked at 19.7% in 2013 and was at its lowest, -5.0%, in 2014.
Ghana ranks 58th of 177 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.
Households and NPISHs Final consumption expenditure in Ghana, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2007 | 6.0% | — |
| 2008 | 15.1% | +150.5% |
| 2009 | 2.1% | -85.8% |
| 2010 | 17.3% | +705.1% |
| 2011 | 5.9% | -65.7% |
| 2012 | 6.4% | +7.4% |
| 2013 | 19.7% | +209.6% |
| 2014 | -5.0% | -125.2% |
| 2015 | 2.2% | -144.5% |
| 2016 | -1.7% | -176.4% |
| 2017 | 6.3% | -474.3% |
| 2018 | 3.8% | -39.9% |
| 2019 | 14.1% | +270.3% |
| 2020 | 1.7% | -88.1% |
| 2021 | 7.1% | +324.4% |
| 2022 | 5.6% | -20.8% |
| 2023 | 10.2% | +80.9% |
| 2024 | 4.5% | -56.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.8% | 2.1% | 15.1% | 3 |
| 2010s | 6.9% | -5.0% | 19.7% | 10 |
| 2020s | 5.8% | 1.7% | 10.2% | 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 households and npishs final consumption expenditure in Ghana?
- Households and npishs final consumption expenditure in Ghana was 4.5% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest households and npishs final consumption expenditure recorded in Ghana?
- The highest recorded value was 19.7% in 2013.
- What is the lowest households and npishs final consumption expenditure recorded in Ghana?
- The lowest recorded value was -5.0% in 2014.
- How does Ghana rank for households and npishs final consumption expenditure?
- Ghana ranks 58th out of 177 countries with data for 2024.
- Is households and npishs final consumption expenditure rising or falling in Ghana?
- Over the last ten years it is up 190.0%. 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 Households and NPISHs Final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.
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About this data
This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.