Military expenditure (current USD) in Ghana

Ghana: Military expenditure was 268.74 million current USD in 2024. ◆ Volatile

Latest (2024)
268.74 million current USD
Change on year
down 5.8%
World rank
121st
of 168 countries
All-time high
337.26 million current USD
in 2012
All-time low
0 current USD
in 1967
Years of data
64
1960–2024

Military expenditure in Ghana, 1960–2024

0100.0M200.0M300.0M196019922024

Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.

Analysis

The most recent figure for military expenditure in Ghana is 268.74 million current USD, measured in 2024.

That represents a change of down 5.8% on the previous year and up 6.4% over ten years.

Over the whole period, military expenditure in Ghana peaked at 337.26 million current USD in 2012 and was at its lowest, 0 current USD, in 1967.

That places Ghana 121st out of 168 countries with data for 2024, putting it in the middle of the range.

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

Military expenditure in Ghana, year by year

Annual values for Military expenditure (current USD) in Ghana, 1960 to 2024.
Year current USD Change
1960 20.82 million current USD —
1961 27.45 million current USD +31.9%
1962 27.94 million current USD +1.8%
1963 31.10 million current USD +11.3%
1964 33.30 million current USD +7.1%
1965 35.58 million current USD +6.8%
1966 47.34 million current USD +33.1%
1967 0 current USD -100.0%
1968 44.27 million current USD —
1969 49.03 million current USD +10.7%
1970 46.92 million current USD -4.3%
1971 41.14 million current USD -12.3%
1972 30.20 million current USD -26.6%
1973 41.05 million current USD +35.9%
1974 64.12 million current USD +56.2%
1975 78.83 million current USD +22.9%
1976 88.96 million current USD +12.9%
1977 121.72 million current USD +36.8%
1978 101.35 million current USD -16.7%
1979 66.36 million current USD -34.5%
1980 120.61 million current USD +81.7%
1981 195.56 million current USD +62.1%
1983 71.15 million current USD -63.6%
1984 44.62 million current USD -37.3%
1985 63.16 million current USD +41.5%
1986 51.65 million current USD -18.2%
1987 43.34 million current USD -16.1%
1988 22.76 million current USD -47.5%
1989 22.63 million current USD -0.6%
1990 27.61 million current USD +22.0%
1991 41.43 million current USD +50.0%
1992 41.66 million current USD +0.6%
1993 41.00 million current USD -1.6%
1994 37.82 million current USD -7.8%
1995 49.05 million current USD +29.7%
1996 44.42 million current USD -9.5%
1997 45.48 million current USD +2.4%
1998 57.45 million current USD +26.3%
1999 59.28 million current USD +3.2%
2000 50.88 million current USD -14.2%
2001 32.35 million current USD -36.4%
2002 36.98 million current USD +14.3%
2003 53.24 million current USD +44.0%
2004 56.35 million current USD +5.8%
2005 64.20 million current USD +13.9%
2006 75.73 million current USD +18.0%
2007 126.08 million current USD +66.5%
2008 113.67 million current USD -9.8%
2009 118.29 million current USD +4.1%
2010 122.48 million current USD +3.5%
2011 234.33 million current USD +91.3%
2012 337.26 million current USD +43.9%
2013 255.00 million current USD -24.4%
2014 252.65 million current USD -0.9%
2015 190.54 million current USD -24.6%
2016 161.75 million current USD -15.1%
2017 189.13 million current USD +16.9%
2018 218.44 million current USD +15.5%
2019 233.32 million current USD +6.8%
2020 239.89 million current USD +2.8%
2021 298.35 million current USD +24.4%
2022 229.28 million current USD -23.1%
2023 285.38 million current USD +24.5%
2024 268.74 million current USD -5.8%

Ghana compared with similar countries

  • Ghana's 268.74 million current USD is below the median for lower middle income countries, which is 493.99 million current USD, 54% of the median. (40 countries reporting)
  • Ghana's 268.74 million current USD is below the median for Sub-Saharan Africa, which is 293.92 million current USD, 91% of the median. (46 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 31.68 million current USD 0 current USD 49.03 million current USD 10
1970s 68.07 million current USD 30.20 million current USD 121.72 million current USD 10
1980s 70.61 million current USD 22.63 million current USD 195.56 million current USD 9
1990s 44.52 million current USD 27.61 million current USD 59.28 million current USD 10
2000s 72.78 million current USD 32.35 million current USD 126.08 million current USD 10
2010s 219.49 million current USD 122.48 million current USD 337.26 million current USD 10
2020s 264.32 million current USD 229.28 million current USD 298.35 million current USD 5

Countries ranked near Ghana

  1. 118 Zambia 349.67 million current USD compare
  2. 119 Gabon 319.10 million current USD compare
  3. 120 Afghanistan 278.25 million current USD compare
  4. 122 Jamaica 262.51 million current USD compare
  5. 123 Mauritania 260.06 million current USD compare
  6. 124 Tajikistan 246.39 million current USD compare

See the full ranking of 212 places →

More public sector data for Ghana

All data for Ghana →

Frequently asked questions

What is military expenditure in Ghana?
Military expenditure in Ghana was 268.74 million current USD in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in Ghana?
The highest recorded value was 337.26 million current USD in 2012.
What is the lowest military expenditure recorded in Ghana?
The lowest recorded value was 0 current USD in 1967.
How does Ghana rank for military expenditure?
Ghana ranks 121st out of 168 countries with data for 2024.
Is military expenditure rising or falling in Ghana?
Over the last ten years it is up 6.4%. The long-run trend across the full record is volatile.
Where does this Ghana data come from?
The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current USD). Statizoid updates them automatically from the source API.

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Military expenditure in Ghana. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 07 October 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd/ghana/

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About this data

Indicator
Military expenditure (current USD)
Unit
current USD
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
212 places, 10,618 data points, 1960–2024
Last refreshed

Military spending USD, in current prices (converted at the exchange rate for the given year)