GDP deflator (base year varies by country), annual growth rate in Ghana

Ghana: GDP deflator (base year varies by country), annual growth rate was 25.37 % change on previous year in 2024. ◆ Volatile

Latest (2024)
25.37 % change on previous year
Change on year
down 36.7%
World rank
13th
of 211 countries
All-time high
123.08 % change on previous year
in 1983
All-time low
4.82 % change on previous year
in 1971
Years of data
54
1971–2024

GDP deflator (base year varies by country), annual growth rate in Ghana, 1971–2024

0255075100125197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gdp deflator (base year varies by country), annual growth rate in Ghana is 25.37 % change on previous year, measured in 2024.

That represents a change of down 36.7% on the previous year and up 6.0% over ten years.

Over the whole period, gdp deflator (base year varies by country), annual growth rate in Ghana peaked at 123.08 % change on previous year in 1983 and was at its lowest, 4.82 % change on previous year, in 1971.

Ghana ranks 13th of 211 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

GDP deflator (base year varies by country), annual growth rate in Ghana, year by year

Annual values for GDP deflator (base year varies by country), annual growth rate in Ghana, 1971 to 2024.
Year % change on previous year Change
1971 4.82 % change on previous year
1972 16.09 % change on previous year +233.9%
1973 20.79 % change on previous year +29.2%
1974 24.59 % change on previous year +18.3%
1975 29.61 % change on previous year +20.4%
1976 27.92 % change on previous year -5.7%
1977 67.06 % change on previous year +140.2%
1978 73.4 % change on previous year +9.4%
1979 37.95 % change on previous year -48.3%
1980 51.14 % change on previous year +34.8%
1981 75.62 % change on previous year +47.9%
1982 27.87 % change on previous year -63.1%
1983 123.08 % change on previous year +341.6%
1984 35.32 % change on previous year -71.3%
1985 20.64 % change on previous year -41.5%
1986 41.71 % change on previous year +102.0%
1987 39.2 % change on previous year -6.0%
1988 33.4 % change on previous year -14.8%
1989 28.3 % change on previous year -15.3%
1990 31.16 % change on previous year +10.1%
1991 20.04 % change on previous year -35.7%
1992 11.15 % change on previous year -44.4%
1993 31.76 % change on previous year +184.8%
1994 30.13 % change on previous year -5.1%
1995 43.05 % change on previous year +42.9%
1996 39.84 % change on previous year -7.5%
1997 19.46 % change on previous year -51.2%
1998 17.05 % change on previous year -12.4%
1999 13.97 % change on previous year -18.0%
2000 27.23 % change on previous year +94.9%
2001 34.82 % change on previous year +27.9%
2002 22.82 % change on previous year -34.5%
2003 28.7 % change on previous year +25.8%
2004 14.35 % change on previous year -50.0%
2005 14.96 % change on previous year +4.3%
2006 84.68 % change on previous year +465.9%
2007 16.1 % change on previous year -81.0%
2008 19.41 % change on previous year +20.5%
2009 15.67 % change on previous year -19.3%
2010 16.6 % change on previous year +5.9%
2011 13.91 % change on previous year -16.2%
2012 15.21 % change on previous year +9.3%
2013 54.01 % change on previous year +255.2%
2014 23.94 % change on previous year -55.7%
2015 13.25 % change on previous year -44.6%
2016 15.75 % change on previous year +18.8%
2017 10.68 % change on previous year -32.2%
2018 10.57 % change on previous year -1.0%
2019 8.48 % change on previous year -19.8%
2020 9.37 % change on previous year +10.4%
2021 12.11 % change on previous year +29.3%
2022 28.18 % change on previous year +132.8%
2023 40.11 % change on previous year +42.3%
2024 25.37 % change on previous year -36.7%

Averages by decade

DecadeAverage LowestHighest Years
1970s 33.58 % change on previous year 4.82 % change on previous year 73.4 % change on previous year 9
1980s 47.63 % change on previous year 20.64 % change on previous year 123.08 % change on previous year 10
1990s 25.76 % change on previous year 11.15 % change on previous year 43.05 % change on previous year 10
2000s 27.87 % change on previous year 14.35 % change on previous year 84.68 % change on previous year 10
2010s 18.24 % change on previous year 8.48 % change on previous year 54.01 % change on previous year 10
2020s 23.03 % change on previous year 9.37 % change on previous year 40.11 % change on previous year 5

Countries ranked near Ghana

  1. 10 Egypt 33.69 % change on previous year compare
  2. 11 Malawi 27.33 % change on previous year compare
  3. 12 Ethiopia 25.54 % change on previous year compare
  4. 14 Angola 25.24 % change on previous year compare
  5. 15 Haiti 24.42 % change on previous year compare
  6. 16 Pakistan 21.87 % change on previous year compare

See the full ranking of 211 places →

More population data for Ghana

All data for Ghana →

Frequently asked questions

What is gdp deflator (base year varies by country), annual growth rate in Ghana?
Gdp deflator (base year varies by country), annual growth rate in Ghana was 25.37 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator (base year varies by country), annual growth rate recorded in Ghana?
The highest recorded value was 123.08 % change on previous year in 1983.
What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in Ghana?
The lowest recorded value was 4.82 % change on previous year in 1971.
How does Ghana rank for gdp deflator (base year varies by country), annual growth rate?
Ghana ranks 13th out of 211 countries with data for 2024.
Is gdp deflator (base year varies by country), annual growth rate rising or falling in Ghana?
Over the last ten years it is up 6.0%. The long-run trend across the full record is volatile.
Where does this Ghana data come from?
The figures come from Statizoid (derived), published as part of GDP deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.

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GDP deflator (base year varies by country), annual growth rate in Ghana. Statizoid, drawing on Statizoid (derived). Retrieved 30 August 2026, from https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/ghana/

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<a href="https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/ghana/">GDP deflator (base year varies by country), annual growth rate in Ghana</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP deflator (base year varies by country), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 9,847 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.