Ghana Private Consumption Expenditure

Key information about Ghana Private Consumption Expenditure

• Ghana Private Consumption Expenditure was reported at 64.338 USD bn in Dec 2023. This records an increase from the previous number of 58.380 USD bn for Dec 2022.
• Ghana Private Consumption Expenditure data is updated yearly, averaging 39.956 USD bn from Dec 2006 to 2023, with 18 observations.
• The data reached an all-time high of 64.338 USD bn in 2023 and a record low of 17.111 USD bn in 2006.
• Ghana Private Consumption Expenditure data remains in an active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Private Consumption Expenditure: USD: Annual.

CEIC calculates annual Private Consumption Expenditure as the sum of Household and NPISHs Consumption and converts it into USD. Ghana Statistical Service provides Private Consumption Expenditure in local currency, based on SNA 2008. The Bank of Ghana average market exchange rate is used for currency conversions. Private Consumption Expenditure prior to 2013 is based on SNA 1993.

View Ghana's Private Consumption Expenditure from 2006 to 2023 in the chart:

What was Ghana's Private Consumption Expenditure in 2023?

Ghana Private Consumption Expenditure was reported at 64.338 USD bn in Dec 2023. This records an increase from the previous number of 58.380 USD bn for Dec 2022. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
64,338.281 2023	58,380.019 2022	17,111.427 2006	64,338.281 2023	USD mn	yearly	2006 - 2023

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