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Household consumption (% of GDP) — all countries

Household consumption (% of GDP) — Ghana

Household consumption (% of GDP) in Ghana in 2024 — 83%. Ranked 26 in the world out of 168. Since 1960, the indicator has risen by 10.1 pp.

2024 83% −2.3 pp vs 2023
World rank 26of 168
Period maximum 94.2%2008
Period minimum 71.9%2014

Trend over time

1960–2024 · % of GDP

Household consumption (% of GDP) — Ghana, 1960–202470809010019601967197419811988199520022009201620231960: 72.8%1962: 76.8%1964: 72.7%1966: 79.1%1968: 72.6%1970: 74.4%1972: 74.8%1974: 78.2%1976: 79.2%1978: 84.7%1980: 83.9%1982: 89.8%1984: 88.6%1986: 83.1%1988: 84.9%1990: 85.2%1992: 86.6%1994: 73.8%1996: 74.7%1998: 79.4%2000: 84.3%2002: 82.7%2004: 80.5%2006: 81.9%2008: 94.2%2010: 93.6%2012: 83.7%2014: 71.9%2016: 72.1%2018: 72.2%2020: 77.5%2022: 77.7%2024: 83%
Change over the period: +10.1 pp Annual average: 0.16 pp

Comparison, 2024

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

Ghana 83%
World 56.6%
Sub-Saharan Africa 85.1%
Western Africa computed 71.3%
Lower-middle-income countries computed 63.1%
Household consumption (% of GDP) — Ghana, by year Ghana All countries CSV XLSX
Year % Change, pp
2024 83 −2.3 pp
2023 85.2 +7.5 pp
2022 77.7 +0.2 pp
2021 77.6 +0.1 pp
2020 77.5 +1.2 pp
2019 76.2 +4 pp
2018 72.2 −4 pp
2017 76.3 +4.1 pp
2016 72.1 −1.3 pp
2015 73.5 +1.5 pp
2014 71.9 −4.4 pp
2013 76.3 −7.4 pp
2012 83.7 −2.1 pp
2011 85.8 −7.8 pp
2010 93.6 +4.6 pp
2009 89 −5.2 pp
2008 94.2 +1.8 pp
2007 92.4 +10.5 pp
2006 81.9 +1 pp
2005 81 +0.4 pp
2004 80.5 −0.9 pp
2003 81.5 −1.2 pp
2002 82.7 −0.6 pp
2001 83.3 −1 pp
2000 84.3 −1.4 pp
1999 85.7 +6.3 pp
1998 79.4 −4 pp
1997 83.4 +8.7 pp
1996 74.7 −1.6 pp
1995 76.3 +2.5 pp
1994 73.8 −5.7 pp
1993 79.5 −7.1 pp
1992 86.6 +3.4 pp
1991 83.2 −2 pp
1990 85.2 +0.7 pp
1989 84.5 −0.3 pp
1988 84.9 −0.6 pp
1987 85.5 +2.3 pp
1986 83.1 −0.8 pp
1985 84 −4.6 pp
1984 88.6 −2.2 pp
1983 90.8 +1 pp
1982 89.8 +2.6 pp
1981 87.2 +3.3 pp
1980 83.9 +0.8 pp
1979 83.1 −1.6 pp
1978 84.7 +7.3 pp
1977 77.4 −1.8 pp
1976 79.2 +5.9 pp
1975 73.3 −4.9 pp
1974 78.2 +3.2 pp
1973 75 +0.2 pp
1972 74.8 −2.6 pp
1971 77.4 +3 pp
1970 74.4 −0.2 pp
1969 74.6 +2 pp
1968 72.6 −4.7 pp
1967 77.3 −1.9 pp
1966 79.1 +1.8 pp
1965 77.3 +4.6 pp
1964 72.7 −3.4 pp
1963 76.2 −0.6 pp
1962 76.8 −2.6 pp
1961 79.4 +6.5 pp
1960 72.8 —

Western Africa, 2024

The same indicator for neighboring countries — with links to their pages

GM Gambia 86.2 GH Ghana 83 SL Sierra Leone 79.9 CV Cabo Verde 73 ML Mali 72.6 GW Guinea-Bissau 72.3 NE Niger 71.7 CI Côte d'Ivoire 69.1 GN Guinea 69 SN Senegal 66.1 BF Burkina Faso 62.2 BJ Benin 58.9 MR Mauritania 51.8
Full table for all countries

About the indicator

Household final consumption expenditure as a percent of GDP — the market value of all goods and services bought by the population, including the imputed rent of owner-occupied housing. A low consumption share alongside a high share of capital formation is typical of investment- and export-driven economies; a high one, of countries short of savings.

Source: World Development Indicators (World Bank), license CC BY 4.0.

Other indicators for Ghana

Economy Household consumption

How much money the residents of a country spend in a year on goods and services for themselves.

Ghana by year Economy Gross capital formation (% of GDP)

Investment in fixed assets and inventories as a percent of GDP — the base of future growth.

Ghana by year Economy Government consumption (% of GDP)

The share of GDP taken by government final consumption spending.

Ghana by year Economy GDP

Gross domestic product in current US dollars — the size of a country's economy.

Ghana by year Economy GDP per capita

GDP divided by the population, in current US dollars.

Ghana by year Economy GDP growth

The annual growth rate of GDP in constant prices — with inflation stripped out.

Ghana by year
All indicators for Ghana