Ghana's households and NPISHs final consumption expenditure (current US$) was US$69.11 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 75.69% from US$39.34 billion in 2014 (5.8% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$69.11 billion | 2024 |
| Five years earlier | US$52.11 billion | 2019 |
| Ten years earlier | US$39.34 billion | 2014 |
| Highest | US$69.11 billion | 2024 |
| Lowest | US$886.66 million | 1960 |
| Average since 2015 | US$53.47 billion | 2015–2024 |
| First recorded | US$886.66 million |
What the numbers say
In 2024, Ghana's households and NPISHs final consumption expenditure (current US$) rose 0.7% on 2023 (from US$68.65 billion to US$69.11 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +11.4% and a typical year strayed about 22.7% from that (the standard deviation). This year's change was 0.5 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 96.7% in 2006 and the biggest yearly fall was 36.5% in 2000. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about US$3.58 billion a year. A straight line explains 96% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
A straight-line projection, tested first
Extending that straight line gives about US$74.96 billion for 2027. We show this only because the same method, fitted on earlier years, predicted 2022 to 2024 better than "no change" would have: its average miss was US$4.7 billion, against US$6.21 billion for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2024, Ghana had the 8th highest value of the 36 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Ghana | US$69.11 billion | 2024 |
| World | US$63.19 trillion | 2024 |
| Sub-Saharan Africa | US$1.83 trillion | 2025 |
| Lower middle income | US$5.35 trillion | 2025 |
Closest to Ghana in the 2024 ranking
- Kazakhstan — 4th of 36: US$152.37 billion
- New Zealand — 5th of 36: US$148.94 billion
- Iraq — 6th of 36: US$129.78 billion
- Kuwait — 8th of 36: US$66.91 billion
- Angola — 9th of 36: US$63.58 billion
- Panama — 10th of 36: US$42.42 billion
What this measures
This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 65 values
| Year | Households and NPISHs final consumption expenditure (current US$) |
|---|---|
| 2024 | 69,109,360,099 |
| 2023 | 68,650,427,212 |
| 2022 | 57,455,010,578 |
| 2021 | 61,667,449,004 |
| 2020 | 54,233,692,740 |
| 2019 | 52,108,711,376 |
| 2018 | 48,584,532,812 |
| 2017 | 46,057,185,839 |
| 2016 | 40,506,865,840 |
| 2015 | 36,320,098,978 |
Households and NPISHs final consumption expenditure (current US$) in nearby economies
- Angola — US$63.58 billion (2024)
- Benin — US$14.33 billion (2025)
- Botswana — US$9.12 billion (2025)
- Burkina Faso — US$16.58 billion (2025)
- Burundi — US$1.72 billion (2025)
- Cabo Verde — US$2.17 billion (2025)
- Cameroon — US$44.68 billion (2025)
- Central African Republic — US$2.9 billion (2025)
- Chad
More economic policy & debt data for Ghana
- Total reserves, including gold (current US$) — US$12.13 billion (2025)
- Total reserves, excluding gold (current US$) — US$9.51 billion (2025)
- Agriculture, forestry, and fishing, value added (current US$) — US$24.3 billion (2025)
- Agriculture, forestry, and fishing, value added (current LCU) — 305.12 billion (2025)
- Agriculture, forestry, and fishing, value added (% of GDP) — 21.28% (2025)
- GDP (current US$) — US$114.21 billion (2025)
- GDP (current LCU) — 1.43 trillion (2025)
- GDP (constant 2015 US$) — US$79.27 billion (2025)
- GDP (constant LCU) — 209.64 billion (2025)
- GDP per capita (current US$)
Reading data like this
Questions people ask
- What is Ghana's households and NPISHs final consumption expenditure (current US$)?
- US$69.11 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1960?
- It is up 7,694% from US$886.66 million in 1960 (7.04% a year on average, compounded). The highest value was US$69.11 billion in 2024 and the lowest US$886.66 million in 1960.
Source
World Bank, World Development Indicators, indicator NE.CON.PRVT.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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