Military expenditure (current USD), annual growth rate in Ghana

Ghana: Military expenditure (current USD), annual growth rate was -5.83 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-5.83 % change on previous year
Change on year
down 123.8%
World rank
140th
of 164 countries
All-time high
91.32 % change on previous year
in 2011
All-time low
-100 % change on previous year
in 1967
Years of data
61
1961–2024

Military expenditure (current USD), annual growth rate in Ghana, 1961–2024

-100-50050100196119922024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for military expenditure (current usd), annual growth rate in Ghana is -5.83 % change on previous year, measured in 2024.

Compared with earlier readings it is down 123.8% on the previous year and down 534.6% over ten years.

Over the whole period, military expenditure (current usd), annual growth rate in Ghana peaked at 91.32 % change on previous year in 2011 and was at its lowest, -100 % change on previous year, in 1967.

Ghana ranks 140th of 164 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Military expenditure (current USD), annual growth rate in Ghana, year by year

Annual values for Military expenditure (current USD), annual growth rate in Ghana, 1961 to 2024.
Year % change on previous year Change
1961 31.85 % change on previous year
1962 1.79 % change on previous year -94.4%
1963 11.28 % change on previous year +531.5%
1964 7.09 % change on previous year -37.1%
1965 6.83 % change on previous year -3.7%
1966 33.07 % change on previous year +383.8%
1967 -100 % change on previous year -402.4%
1969 10.74 % change on previous year -110.7%
1970 -4.3 % change on previous year -140.0%
1971 -12.32 % change on previous year +186.5%
1972 -26.58 % change on previous year +115.8%
1973 35.92 % change on previous year -235.1%
1974 56.2 % change on previous year +56.4%
1975 22.93 % change on previous year -59.2%
1976 12.86 % change on previous year -43.9%
1977 36.82 % change on previous year +186.4%
1978 -16.73 % change on previous year -145.4%
1979 -34.52 % change on previous year +106.4%
1980 81.74 % change on previous year -336.8%
1981 62.14 % change on previous year -24.0%
1984 -37.28 % change on previous year -160.0%
1985 41.54 % change on previous year -211.4%
1986 -18.23 % change on previous year -143.9%
1987 -16.09 % change on previous year -11.7%
1988 -47.48 % change on previous year +195.0%
1989 -0.5861 % change on previous year -98.8%
1990 22.03 % change on previous year -3859.4%
1991 50.03 % change on previous year +127.1%
1992 0.5716 % change on previous year -98.9%
1993 -1.58 % change on previous year -377.0%
1994 -7.76 % change on previous year +389.9%
1995 29.69 % change on previous year -482.8%
1996 -9.45 % change on previous year -131.8%
1997 2.4 % change on previous year -125.4%
1998 26.32 % change on previous year +997.1%
1999 3.18 % change on previous year -87.9%
2000 -14.16 % change on previous year -545.9%
2001 -36.42 % change on previous year +157.1%
2002 14.29 % change on previous year -139.2%
2003 44 % change on previous year +207.9%
2004 5.84 % change on previous year -86.7%
2005 13.92 % change on previous year +138.3%
2006 17.97 % change on previous year +29.1%
2007 66.48 % change on previous year +269.9%
2008 -9.84 % change on previous year -114.8%
2009 4.07 % change on previous year -141.3%
2010 3.54 % change on previous year -12.9%
2011 91.32 % change on previous year +2478.7%
2012 43.93 % change on previous year -51.9%
2013 -24.39 % change on previous year -155.5%
2014 -0.9188 % change on previous year -96.2%
2015 -24.58 % change on previous year +2575.6%
2016 -15.11 % change on previous year -38.5%
2017 16.93 % change on previous year -212.0%
2018 15.5 % change on previous year -8.4%
2019 6.81 % change on previous year -56.1%
2020 2.81 % change on previous year -58.7%
2021 24.37 % change on previous year +765.8%
2022 -23.15 % change on previous year -195.0%
2023 24.47 % change on previous year -205.7%
2024 -5.83 % change on previous year -123.8%

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.3324 % change on previous year -100 % change on previous year 33.07 % change on previous year 8
1970s 7.03 % change on previous year -34.52 % change on previous year 56.2 % change on previous year 10
1980s 8.22 % change on previous year -47.48 % change on previous year 81.74 % change on previous year 8
1990s 11.54 % change on previous year -9.45 % change on previous year 50.03 % change on previous year 10
2000s 10.61 % change on previous year -36.42 % change on previous year 66.48 % change on previous year 10
2010s 11.3 % change on previous year -24.58 % change on previous year 91.32 % change on previous year 10
2020s 4.53 % change on previous year -23.15 % change on previous year 24.47 % change on previous year 5

Countries ranked near Ghana

  1. 137 Thailand -3.89 % change on previous year compare
  2. 138 Guatemala -5.13 % change on previous year compare
  3. 139 Belarus -5.57 % change on previous year compare
  4. 141 Mauritania -6.17 % change on previous year compare
  5. 142 Papua New Guinea -6.23 % change on previous year compare
  6. 143 El Salvador -6.5 % change on previous year compare

See the full ranking of 208 places →

More public sector data for Ghana

All data for Ghana →

Frequently asked questions

What is military expenditure (current usd), annual growth rate in Ghana?
Military expenditure (current usd), annual growth rate in Ghana was -5.83 % change on previous year in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), annual growth rate recorded in Ghana?
The highest recorded value was 91.32 % change on previous year in 2011.
What is the lowest military expenditure (current usd), annual growth rate recorded in Ghana?
The lowest recorded value was -100 % change on previous year in 1967.
How does Ghana rank for military expenditure (current usd), annual growth rate?
Ghana ranks 140th out of 164 countries with data for 2024.
Is military expenditure (current usd), annual growth rate rising or falling in Ghana?
Over the last ten years it is down 534.6%. The long-run trend across the full record is volatile.
Where does this Ghana data come from?
The figures come from Statizoid (derived), published as part of Military expenditure (current USD), annual growth rate. Statizoid updates them automatically from the source API.

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Military expenditure (current USD), annual growth rate in Ghana. Statizoid, drawing on Statizoid (derived). Retrieved 25 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-annual-growth-rate/ghana/

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How this figure is calculated

The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military expenditure (current USD), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 10,048 data points, 1961–2024
Last refreshed

The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.