Final consumption expenditure in Ghana
Ghana: Final consumption expenditure was 165.32 billion constant LCU in 2024. ▲ Rising
Final consumption expenditure in Ghana, 2006–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Ghana recorded 165.32 billion constant LCU for final consumption expenditure in 2024. That is the highest value across all 19 years on record.
That represents a change of up 4.4% on the previous year and up 62.0% over ten years.
Over the whole period, final consumption expenditure in Ghana peaked at 165.32 billion constant LCU in 2024 and was at its lowest, 54.68 billion constant LCU, in 2006.
Ghana ranks 119th of 176 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 61.39 billion constant LCU | 54.68 billion constant LCU | 66.94 billion constant LCU | 4 |
| 2010s | 101.33 billion constant LCU | 78.53 billion constant LCU | 125.18 billion constant LCU | 10 |
| 2020s | 146.95 billion constant LCU | 128.20 billion constant LCU | 165.32 billion constant LCU | 5 |
Countries ranked near Ghana
More economy & growth data for Ghana
- DEC alternative conversion factor 12.56 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 12.07 billion current LCU (2017)
- Net secondary income (Net current transfers from abroad) 2.77 billion current US$ (2017)
- Taxes less subsidies on products 94.62 billion current LCU (2025)
- Taxes less subsidies on products 7.54 billion current US$ (2025)
- Net primary income (Net income from abroad) -87.71 billion current LCU (2025)
- Net primary income (Net income from abroad) -6.99 billion current US$ (2025)
- GNI per capita 38,398 current LCU (2025)
- GNI per capita, Atlas method 2,630 current US$ (2025)
- GNI 1.35 trillion current LCU (2025)
Frequently asked questions
- What is final consumption expenditure in Ghana?
- Final consumption expenditure in Ghana was 165.32 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Ghana?
- The highest recorded value was 165.32 billion constant LCU in 2024.
- What is the lowest final consumption expenditure recorded in Ghana?
- The lowest recorded value was 54.68 billion constant LCU in 2006.
- How does Ghana rank for final consumption expenditure?
- Ghana ranks 119th out of 176 countries with data for 2024.
- Is final consumption expenditure rising or falling in Ghana?
- Over the last ten years it is up 62.0%. The long-run trend across the full record is rising.
- Where does this Ghana data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (constant LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.