Expense in Ghana

Ghana: Expense was 22.7% in 2022. ▬ Flat

Latest (2022)
22.7%
Change on year
up 9.3%
World rank
98th
of 157 countries
All-time high
26.9%
in 2012
All-time low
15.3%
in 2006
Years of data
22
2001–2022

Expense in Ghana, 2001–2022

01020302001201120222001: 18.7 % of GDP2002: 20 % of GDP2003: 22 % of GDP2004: 23.5 % of GDP2005: 22.7 % of GDP2006: 15.3 % of GDP2007: 17.9 % of GDP2008: 20.5 % of GDP2009: 18 % of GDP2010: 20.2 % of GDP2011: 21.1 % of GDP2012: 26.9 % of GDP2013: 19.3 % of GDP2014: 18.2 % of GDP2015: 17.4 % of GDP2016: 18.3 % of GDP2017: 17.4 % of GDP2018: 17.6 % of GDP2019: 17.5 % of GDP2020: 21.9 % of GDP2021: 20.8 % of GDP2022: 22.7 % of GDP

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

Ghana recorded 22.7% for expense in 2022.

The figure is up 9.3% on the previous year and down 15.6% over ten years.

Over the whole period, expense in Ghana peaked at 26.9% in 2012 and was at its lowest, 15.3%, in 2006.

Ghana ranks 98th of 157 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 19.9% 15.3% 23.5% 9
2010s 19.4% 17.4% 26.9% 10
2020s 21.8% 20.8% 22.7% 3

Countries ranked near Ghana

  1. 95 Micronesia (country) 23.4% compare
  2. 96 Azerbaijan 23.0% compare
  3. 97 Peru 22.8% compare
  4. 99 Mexico 22.5% compare
  5. 100 Uzbekistan 22.3% compare
  6. 101 Belize 22.3% compare

See the full ranking of 183 places →

More economy & growth data for Ghana

All data for Ghana →

Frequently asked questions

What is expense in Ghana?
Expense in Ghana was 22.7% 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 26.9% in 2012.
What is the lowest expense recorded in Ghana?
The lowest recorded value was 15.3% in 2006.
How does Ghana rank for expense?
Ghana ranks 98th out of 157 countries with data for 2022.
Is expense rising or falling in Ghana?
Over the last ten years it is down 15.6%. The long-run trend across the full record is flat.
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 (% of GDP). Statizoid updates them automatically from the source API.

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About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.