Ghana Public Consumption: % of GDP

Key information about Ghana Public Consumption: % of GDP

• Ghana Public Consumption accounted for 5.9 % of its Nominal GDP in Dec 2023, compared with a share of 6.7 % in the previous year.
• Ghana Public Consumption share of Nominal GDP ratio is updated yearly, available from Dec 2006 to Dec 2023, with an average number of 7.9 %.
• The data reached an all-time high of 13.8 % in Dec 2011 and a record low of 5.9 % in Dec 2023.

CEIC calculates annual Government Consumption as % of Nominal GDP from annual Government Consumption Expenditure and annual Nominal GDP. Ghana Statistical Service provides Government Consumption Expenditure in local currency and Nominal GDP in local currency, based on SNA 2008. Government Consumption as % of Nominal GDP prior to 2013 is based on SNA 1993.


Related information about Ghana Public Consumption: % of GDP

• In the latest reports, Ghana GDP expanded 0.5 % YoY in Sep 2023.
• Ghana Nominal GDP reached 19.3 USD bn in Sep 2023.
• Its GDP deflator (implicit price deflator) increased 36.6 % in Sep 2023.
• Ghana GDP Per Capita reached 2,353.0 USD in Dec 2022.
• Its Gross Savings Rate was measured at 9.9 % in Dec 2023.
• For Nominal GDP contributions, Investment accounted for 10.8 % in Dec 2023.
• Private Consumption accounted for 83.8 % in Dec 2023.

View Ghana's Public Consumption: % of GDP from 2006 to 2023 in the chart:

What was Ghana's Public Consumption: % of GDP in 2023?

Ghana Public Consumption accounted for 5.9 % of its Nominal GDP in Dec 2023, compared with a share of 6.7 % in the previous year. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
5.9 2023	6.7 2022	5.9 2023	13.8 2011	%	yearly	2006 - 2023

Public Consumption: % of GDP by Country Comparison

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