Households and NPISHs Final consumption expenditure, PPP in Ghana
Ghana: Households and NPISHs Final consumption expenditure, PPP was 177.34 billion constant 2021 international $ in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure, PPP in Ghana, 2006–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.
Analysis
Ghana recorded 177.34 billion constant 2021 international $ for households and npishs final consumption expenditure, ppp in 2024. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 4.5% on the previous year and up 67.5% over ten years.
Over the whole period, households and npishs final consumption expenditure, ppp in Ghana peaked at 177.34 billion constant 2021 international $ in 2024 and was at its lowest, 56.48 billion constant 2021 international $, in 2006.
That places Ghana 60th out of 170 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Households and NPISHs Final consumption expenditure, PPP in Ghana, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 2006 | 56.48 billion constant 2021 international $ | — |
| 2007 | 59.89 billion constant 2021 international $ | +6.0% |
| 2008 | 68.94 billion constant 2021 international $ | +15.1% |
| 2009 | 70.42 billion constant 2021 international $ | +2.1% |
| 2010 | 82.61 billion constant 2021 international $ | +17.3% |
| 2011 | 87.51 billion constant 2021 international $ | +5.9% |
| 2012 | 93.08 billion constant 2021 international $ | +6.4% |
| 2013 | 111.44 billion constant 2021 international $ | +19.7% |
| 2014 | 105.90 billion constant 2021 international $ | -5.0% |
| 2015 | 108.24 billion constant 2021 international $ | +2.2% |
| 2016 | 106.41 billion constant 2021 international $ | -1.7% |
| 2017 | 113.15 billion constant 2021 international $ | +6.3% |
| 2018 | 117.45 billion constant 2021 international $ | +3.8% |
| 2019 | 134.00 billion constant 2021 international $ | +14.1% |
| 2020 | 136.24 billion constant 2021 international $ | +1.7% |
| 2021 | 145.90 billion constant 2021 international $ | +7.1% |
| 2022 | 154.09 billion constant 2021 international $ | +5.6% |
| 2023 | 169.74 billion constant 2021 international $ | +10.2% |
| 2024 | 177.34 billion constant 2021 international $ | +4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 63.93 billion constant 2021 international $ | 56.48 billion constant 2021 international $ | 70.42 billion constant 2021 international $ | 4 |
| 2010s | 105.98 billion constant 2021 international $ | 82.61 billion constant 2021 international $ | 134.00 billion constant 2021 international $ | 10 |
| 2020s | 156.66 billion constant 2021 international $ | 136.24 billion constant 2021 international $ | 177.34 billion constant 2021 international $ | 5 |
Countries ranked near Ghana
- 57 Norway 200.19 billion constant 2021 international $ compare
- 58 Dominican Republic 185.42 billion constant 2021 international $ compare
- 59 Hungary 184.24 billion constant 2021 international $ compare
- 61 Angola 174.66 billion constant 2021 international $ compare
- 62 Denmark 159.11 billion constant 2021 international $ compare
- 63 Ecuador 156.72 billion constant 2021 international $ compare
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, ppp in Ghana?
- Households and npishs final consumption expenditure, ppp in Ghana was 177.34 billion constant 2021 international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest households and npishs final consumption expenditure, ppp recorded in Ghana?
- The highest recorded value was 177.34 billion constant 2021 international $ in 2024.
- What is the lowest households and npishs final consumption expenditure, ppp recorded in Ghana?
- The lowest recorded value was 56.48 billion constant 2021 international $ in 2006.
- How does Ghana rank for households and npishs final consumption expenditure, ppp?
- Ghana ranks 60th out of 170 countries with data for 2024.
- Is households and npishs final consumption expenditure, ppp rising or falling in Ghana?
- Over the last ten years it is up 67.5%. The long-run trend across the full record is rising.
- Where does this Ghana data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of Households and NPISHs Final consumption expenditure, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
This indicator provides values for final consumption expenditure expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.