Inflation of consumer prices in Ghana
Ghana: Inflation of consumer prices was 14.2 in 2025. ◆ Volatile
Latest (2025)
14.2
Change on year
down 37.8%
World rank
15th
of 190 countries
All-time high
122.88
in 1983
All-time low
-8.42
in 1967
Years of data
61
1965–2025
Inflation of consumer prices in Ghana, 1965–2025
Source: Our World in Data.
Analysis
Ghana recorded 14.2 for inflation of consumer prices in 2025.
That represents a change of down 37.8% on the previous year and down 17.2% over ten years.
Over the whole period, inflation of consumer prices in Ghana peaked at 122.88 in 1983 and was at its lowest, -8.42, in 1967.
That places Ghana 15th out of 190 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation of consumer prices in Ghana, year by year
| Year | Value | Change |
|---|---|---|
| 1965 | 26.44 | — |
| 1966 | 13.24 | -49.9% |
| 1967 | -8.42 | -163.6% |
| 1968 | 7.89 | -193.7% |
| 1969 | 7.32 | -7.3% |
| 1970 | 3.03 | -58.6% |
| 1971 | 9.56 | +215.4% |
| 1972 | 10.07 | +5.3% |
| 1973 | 17.68 | +75.7% |
| 1974 | 18.13 | +2.6% |
| 1975 | 29.82 | +64.5% |
| 1976 | 56.08 | +88.0% |
| 1977 | 116.45 | +107.6% |
| 1978 | 73.09 | -37.2% |
| 1979 | 54.44 | -25.5% |
| 1980 | 50.07 | -8.0% |
| 1981 | 116.5 | +132.7% |
| 1982 | 22.3 | -80.9% |
| 1983 | 122.88 | +451.1% |
| 1984 | 39.67 | -67.7% |
| 1985 | 10.31 | -74.0% |
| 1986 | 24.57 | +138.4% |
| 1987 | 39.82 | +62.1% |
| 1988 | 31.36 | -21.2% |
| 1989 | 25.22 | -19.6% |
| 1990 | 37.26 | +47.7% |
| 1991 | 18.03 | -51.6% |
| 1992 | 10.06 | -44.2% |
| 1993 | 24.96 | +148.2% |
| 1994 | 24.87 | -0.4% |
| 1995 | 59.46 | +139.1% |
| 1996 | 46.56 | -21.7% |
| 1997 | 27.89 | -40.1% |
| 1998 | 14.62 | -47.6% |
| 1999 | 4.87 | -66.7% |
| 2000 | 40.24 | +727.1% |
| 2001 | 41.51 | +3.2% |
| 2002 | 9.36 | -77.4% |
| 2003 | 29.77 | +218.1% |
| 2004 | 18.04 | -39.4% |
| 2005 | 15.44 | -14.4% |
| 2006 | 11.68 | -24.4% |
| 2007 | 10.73 | -8.1% |
| 2008 | 16.49 | +53.7% |
| 2009 | 19.25 | +16.7% |
| 2010 | 10.73 | -44.2% |
| 2011 | 8.73 | -18.7% |
| 2012 | 11.19 | +28.2% |
| 2013 | 11.67 | +4.3% |
| 2014 | 15.49 | +32.8% |
| 2015 | 17.15 | +10.7% |
| 2016 | 17.45 | +1.8% |
| 2017 | 12.37 | -29.1% |
| 2018 | 7.81 | -36.9% |
| 2019 | 7.14 | -8.5% |
| 2020 | 9.89 | +38.4% |
| 2021 | 9.97 | +0.8% |
| 2022 | 31.26 | +213.5% |
| 2023 | 38.11 | +21.9% |
| 2024 | 22.85 | -40.0% |
| 2025 | 14.2 | -37.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.29 | -8.42 | 26.44 | 5 |
| 1970s | 38.84 | 3.03 | 116.45 | 10 |
| 1980s | 48.27 | 10.31 | 122.88 | 10 |
| 1990s | 26.86 | 4.87 | 59.46 | 10 |
| 2000s | 21.25 | 9.36 | 41.51 | 10 |
| 2010s | 11.97 | 7.14 | 17.45 | 10 |
| 2020s | 21.05 | 9.89 | 38.11 | 6 |
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)
- Gross domestic savings (current US$), annual growth rate 36.32 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.1222 current US$ per US$ of GDP (2024)
- Gross domestic savings (current US$), per capita 295.68 current US$ per person (2024)
- Gross domestic savings (current LCU), annual growth rate 75.65 % change on previous year (2024)
- Gross domestic savings (current LCU), per unit of GDP 1.74 current LCU per US$ of GDP (2024)
- Gross domestic savings (current LCU), per capita 4,199 current LCU per person (2024)
- GNI, Atlas method (current US$), annual growth rate 18.54 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.8078 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is inflation of consumer prices in Ghana?
- Inflation of consumer prices in Ghana was 14.2 in 2025, according to Our World in Data.
- What is the highest inflation of consumer prices recorded in Ghana?
- The highest recorded value was 122.88 in 1983.
- What is the lowest inflation of consumer prices recorded in Ghana?
- The lowest recorded value was -8.42 in 1967.
- How does Ghana rank for inflation of consumer prices?
- Ghana ranks 15th out of 190 countries with data for 2025.
- Is inflation of consumer prices rising or falling in Ghana?
- Over the last ten years it is down 17.2%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Our World in Data, published as part of Inflation of consumer prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 61 observations, free to reuse under CC BY 4.0 (Our World in Data).