Military expenditure in dollars — all countries

Military expenditure in dollars — Ghana

Military expenditure in dollars in Ghana in 2024 — 268,736,705 US$. Ranked 111 in the world out of 151. Since 1960, the indicator has risen by 1,190.7%.

2024 269M US$ −5.83% vs 2023
World rank 111of 151
Period maximum 337M US$2012
Period minimum 0 US$1967

Trend over time

1960–2024 · US$

Military expenditure in dollars — Ghana, 1960–20240100M200M300M400M19601967197419811988199520022009201620231960: 20,821,777 US$1962: 27,944,464 US$1964: 33,302,237 US$1966: 47,344,506 US$1968: 44,271,216 US$1970: 46,918,665 US$1972: 30,202,526 US$1974: 64,121,526 US$1976: 88,961,005 US$1978: 101,354,226 US$1980: 120,610,365 US$1983: 71,148,287 US$1985: 63,162,777 US$1987: 43,338,475 US$1989: 22,626,966 US$1991: 41,427,184 US$1993: 41,004,329 US$1995: 49,054,322 US$1997: 45,483,310 US$1999: 59,277,761 US$2001: 32,352,140 US$2003: 53,244,020 US$2005: 64,196,566 US$2007: 126,077,789 US$2009: 118,290,744 US$2011: 234,327,480 US$2013: 254,997,057 US$2015: 190,540,362 US$2017: 189,129,841 US$2019: 233,320,137 US$2021: 298,345,433 US$2023: 285,375,935 US$2024: 268,736,705 US$
Change over the period: +248M (+1,190.65%) Average annual rate: 4.08 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Ghana

Ghana 269M US$
World 2.65T US$
Sub-Saharan Africa 21.67B US$
Western Africa computed 6.24B US$
Lower-middle-income countries computed 210B US$
Military expenditure in dollars — Ghana, by year Ghana All countries CSV XLSX
Year US$ Change Change, %
2024 269M −16.64M −5.83%
2023 285M +56.1M +24.47%
2022 229M −69.07M −23.15%
2021 298M +58.46M +24.37%
2020 240M +6.57M +2.81%
2019 233M +14.88M +6.81%
2018 218M +29.31M +15.5%
2017 189M +27.38M +16.93%
2016 162M −28.79M −15.11%
2015 191M −62.11M −24.58%
2014 253M −2.34M −0.92%
2013 255M −82.26M −24.39%
2012 337M +103M +43.93%
2011 234M +112M +91.32%
2010 122M +4.19M +3.54%
2009 118M +4.62M +4.07%
2008 114M −12.41M −9.84%
2007 126M +50.35M +66.48%
2006 75.73M +11.54M +17.97%
2005 64.2M +7.84M +13.92%
2004 56.35M +3.11M +5.84%
2003 53.24M +16.27M +44%
2002 36.98M +4.62M +14.29%
2001 32.35M −18.53M −36.42%
2000 50.88M −8.4M −14.16%
1999 59.28M +1.82M +3.18%
1998 57.45M +11.97M +26.32%
1997 45.48M +1.07M +2.4%
1996 44.42M −4.64M −9.45%
1995 49.05M +11.23M +29.69%
1994 37.82M −3.18M −7.76%
1993 41M −659,667 −1.58%
1992 41.66M +236,812 +0.57%
1991 41.43M +13.81M +50.03%
1990 27.61M +4.99M +22.03%
1989 22.63M −133,458 −0.59%
1988 22.76M −20.58M −47.48%
1987 43.34M −8.31M −16.09%
1986 51.65M −11.51M −18.23%
1985 63.16M +18.54M +41.54%
1984 44.62M −26.52M −37.28%
1983 71.15M
1981 196M +74.95M +62.14%
1980 121M +54.25M +81.74%
1979 66.36M −34.99M −34.52%
1978 101M −20.36M −16.73%
1977 122M +32.76M +36.82%
1976 88.96M +10.14M +12.86%
1975 78.83M +14.7M +22.93%
1974 64.12M +23.07M +56.19%
1973 41.05M +10.85M +35.92%
1972 30.2M −10.94M −26.58%
1971 41.14M −5.78M −12.32%
1970 46.92M −2.11M −4.3%
1969 49.03M +4.76M +10.74%
1968 44.27M +44.27M
1967 0 −47.34M −100%
1966 47.34M +11.77M +33.07%
1965 35.58M +2.28M +6.83%
1964 33.3M +2.21M +7.09%
1963 31.1M +3.15M +11.28%
1962 27.94M +490,254 +1.79%
1961 27.45M +6.63M +31.85%
1960 20.82M

About the indicator

Military expenditure in current US dollars under the SIPRI definition. It allows absolute defense budgets to be compared, but not military capability: the purchasing power of the dollar in defense differs widely between countries, so equal budgets buy different amounts of personnel and equipment.

Source: Military Expenditure Database (SIPRI), license SIPRI terms of use.