Military expenditure in Ghana

Ghana: Military expenditure was 3.89 billion current LCU in 2024. ◆ Volatile

Latest (2024)
3.89 billion current LCU
Change on year
up 16.9%
World rank
121st
of 167 countries
All-time high
3.89 billion current LCU
in 2024
All-time low
0 current LCU
in 1967
Years of data
64
1960–2024

Military expenditure in Ghana, 1960–2024

01.0B2.0B3.0B4.0B196019922024

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

Analysis

The most recent figure for military expenditure in Ghana is 3.89 billion current LCU, measured in 2024. That is the highest value across all 64 years on record.

Compared with earlier readings it is up 16.9% on the previous year and up 405.6% over ten years.

Over the whole period, military expenditure in Ghana peaked at 3.89 billion current LCU in 2024 and was at its lowest, 0 current LCU, in 1967.

That places Ghana 121st out of 167 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.

Averages by decade

DecadeAverage LowestHighest Years
1960s 2,547 current LCU 0 current LCU 5,000 current LCU 10
1970s 9,460 current LCU 4,025 current LCU 18,240 current LCU 10
1980s 316,743 current LCU 33,150 current LCU 665,900 current LCU 9
1990s 6.21 million current LCU 900,600 current LCU 15.81 million current LCU 10
2000s 70.94 million current LCU 23.17 million current LCU 166.65 million current LCU 10
2010s 681.73 million current LCU 175.27 million current LCU 1.23 billion current LCU 10
2020s 2.48 billion current LCU 1.38 billion current LCU 3.89 billion current LCU 5

Countries ranked near Ghana

  1. 118 Portugal 4.29 billion current LCU compare
  2. 119 Bulgaria 4.22 billion current LCU compare
  3. 120 Tunisia 4.09 billion current LCU compare
  4. 122 Nicaragua 3.87 billion current LCU compare
  5. 123 Guatemala 3.22 billion current LCU compare
  6. 124 Cuba 2.92 billion current LCU compare

See the full ranking of 167 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 3.89 billion current LCU 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 3.89 billion current LCU in 2024.
What is the lowest military expenditure recorded in Ghana?
The lowest recorded value was 0 current LCU in 1967.
How does Ghana rank for military expenditure?
Ghana ranks 121st out of 167 countries with data for 2024.
Is military expenditure rising or falling in Ghana?
Over the last ten years it is up 405.6%. 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 LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Military expenditure (current LCU)
Unit
current LCU
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 8,248 data points, 1960–2024
Last refreshed

Military expenditure in local currency at current prices (by calendar year)