Expense in Ghana
Ghana: Expense was 139.32 billion current LCU in 2022. ◆ Volatile
Expense in Ghana, 2001–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2022, expense in Ghana stood at 139.32 billion current LCU. That is the highest value across all 22 years on record.
The figure is up 45.4% on the previous year and up 588.1% over ten years.
Over the whole period, expense in Ghana peaked at 139.32 billion current LCU in 2022 and was at its lowest, 712.37 million current LCU, in 2001.
Ghana ranks 90th of 157 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.
Expense in Ghana, year by year
| Year | current LCU | Change |
|---|---|---|
| 2001 | 712.37 million current LCU | — |
| 2002 | 978.66 million current LCU | +37.4% |
| 2003 | 1.46 billion current LCU | +48.9% |
| 2004 | 1.88 billion current LCU | +28.8% |
| 2005 | 2.21 billion current LCU | +17.9% |
| 2006 | 2.92 billion current LCU | +32.1% |
| 2007 | 4.14 billion current LCU | +41.6% |
| 2008 | 6.20 billion current LCU | +49.9% |
| 2009 | 6.60 billion current LCU | +6.4% |
| 2010 | 9.28 billion current LCU | +40.7% |
| 2011 | 12.65 billion current LCU | +36.3% |
| 2012 | 20.25 billion current LCU | +60.1% |
| 2013 | 24.00 billion current LCU | +18.5% |
| 2014 | 28.89 billion current LCU | +20.4% |
| 2015 | 31.87 billion current LCU | +10.3% |
| 2016 | 40.16 billion current LCU | +26.0% |
| 2017 | 45.61 billion current LCU | +13.6% |
| 2018 | 54.32 billion current LCU | +19.1% |
| 2019 | 62.43 billion current LCU | +14.9% |
| 2020 | 85.77 billion current LCU | +37.4% |
| 2021 | 95.81 billion current LCU | +11.7% |
| 2022 | 139.32 billion current LCU | +45.4% |
Ghana compared with similar countries
- Ghana's 139.32 billion current LCU is below the median for lower middle income countries, which is 316.16 billion current LCU, 44% of the median. (37 countries reporting)
- Ghana's 139.32 billion current LCU is below the median for Sub-Saharan Africa, which is 972.73 billion current LCU, 14% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.01 billion current LCU | 712.37 million current LCU | 6.60 billion current LCU | 9 |
| 2010s | 32.95 billion current LCU | 9.28 billion current LCU | 62.43 billion current LCU | 10 |
| 2020s | 106.97 billion current LCU | 85.77 billion current LCU | 139.32 billion current LCU | 3 |
Countries ranked near Ghana
- 87 Central African Republic 162.73 billion current LCU compare
- 88 Honduras 140.02 billion current LCU compare
- 89 New Zealand 139.80 billion current LCU compare
- 91 Switzerland 134.42 billion current LCU compare
- 92 Finland 122.60 billion current LCU compare
- 93 Singapore 117.44 billion current LCU compare
More public sector data for Ghana
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is expense in Ghana?
- Expense in Ghana was 139.32 billion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Ghana?
- The highest recorded value was 139.32 billion current LCU in 2022.
- What is the lowest expense recorded in Ghana?
- The lowest recorded value was 712.37 million current LCU in 2001.
- How does Ghana rank for expense?
- Ghana ranks 90th out of 157 countries with data for 2022.
- Is expense rising or falling in Ghana?
- Over the last ten years it is up 588.1%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.