Household consumption — all countries

Household consumption — Ghana

Household consumption in Ghana in 2024 — 69,109,360,099 US$. Ranked 64 in the world out of 167. Since 1960, the indicator has risen by 7,694.4%.

2024 69.11B US$ +0.67% vs 2023
World rank 64of 167
Period maximum 69.11B US$2024
Period minimum 887M US$1960

Trend over time

1960–2024 · US$

Household consumption — Ghana, 1960–2024020B40B60B80B19601967197419811988199520022009201620231960: 886,658,976 US$1962: 1,061,749,611 US$1964: 1,259,251,847 US$1966: 1,682,270,822 US$1968: 1,209,980,203 US$1970: 1,647,298,817 US$1972: 1,580,280,514 US$1974: 2,263,975,155 US$1976: 2,190,677,966 US$1978: 3,100,523,560 US$1980: 3,729,564,315 US$1982: 3,623,716,153 US$1984: 3,908,855,186 US$1986: 4,768,102,288 US$1988: 4,411,585,245 US$1990: 5,018,509,321 US$1992: 5,558,534,966 US$1994: 4,020,673,238 US$1996: 5,181,501,342 US$1998: 5,942,505,818 US$2000: 4,199,232,546 US$2002: 5,098,457,125 US$2004: 7,150,728,353 US$2006: 17,111,423,145 US$2008: 27,025,072,913 US$2010: 30,141,414,898 US$2012: 34,551,648,860 US$2014: 39,335,681,669 US$2016: 40,506,865,840 US$2018: 48,584,532,812 US$2020: 54,233,692,740 US$2022: 57,455,010,578 US$2024: 69,109,360,099 US$
Change over the period: +68.22B (+7,694.36%) Average annual rate: 7.04 %

Comparison, 2024

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

Ghana 69.11B US$
World 63.19T US$
Sub-Saharan Africa 1.69T US$
Western Africa computed 245B US$
Lower-middle-income countries computed 5.09T US$
Household consumption — Ghana, by year Ghana All countries CSV XLSX
Year US$ Change Change, %
2024 69.11B +459M +0.67%
2023 68.65B +11.2B +19.49%
2022 57.46B −4.21B −6.83%
2021 61.67B +7.43B +13.71%
2020 54.23B +2.12B +4.08%
2019 52.11B +3.52B +7.25%
2018 48.58B +2.53B +5.49%
2017 46.06B +5.55B +13.7%
2016 40.51B +4.19B +11.53%
2015 36.32B −3.02B −7.67%
2014 39.34B −8.63B −17.99%
2013 47.97B +13.41B +38.82%
2012 34.55B +791M +2.34%
2011 33.76B +3.62B +12.01%
2010 30.14B +6.96B +30.01%
2009 23.18B −3.84B −14.21%
2008 27.03B +4.09B +17.81%
2007 22.94B +5.83B +34.06%
2006 17.11B +8.41B +96.7%
2005 8.7B +1.55B +21.65%
2004 7.15B +933M +15.01%
2003 6.22B +1.12B +21.95%
2002 5.1B +673M +15.22%
2001 4.43B +226M +5.38%
2000 4.2B −2.42B −36.52%
1999 6.61B +672M +11.31%
1998 5.94B +194M +3.37%
1997 5.75B +567M +10.95%
1996 5.18B +247M +5%
1995 4.93B +914M +22.73%
1994 4.02B −725M −15.27%
1993 4.75B −813M −14.63%
1992 5.56B +64.74M +1.18%
1991 5.49B +475M +9.47%
1990 5.02B +578M +13.02%
1989 4.44B +28.69M +0.65%
1988 4.41B +74.9M +1.73%
1987 4.34B −431M −9.05%
1986 4.77B +986M +26.07%
1985 3.78B −127M −3.24%
1984 3.91B +224M +6.08%
1983 3.68B +61.18M +1.69%
1982 3.62B −58.44M −1.59%
1981 3.68B −47.41M −1.27%
1980 3.73B +389M +11.63%
1979 3.34B +241M +7.76%
1978 3.1B +633M +25.64%
1977 2.47B +277M +12.65%
1976 2.19B +131M +6.34%
1975 2.06B −204M −9%
1974 2.26B +8.69M +0.39%
1973 2.26B +675M +42.71%
1972 1.58B −291M −15.53%
1971 1.87B +224M +13.57%
1970 1.65B +184M +12.6%
1969 1.46B +253M +20.91%
1968 1.21B −140M −10.36%
1967 1.35B −332M −19.76%
1966 1.68B +95.25M +6%
1965 1.59B +328M +26.03%
1964 1.26B +85.44M +7.28%
1963 1.17B +112M +10.55%
1962 1.06B +28.01M +2.71%
1961 1.03B +147M +16.59%
1960 887M

About the indicator

Household final consumption expenditure in current US dollars — everything people buy for themselves, from food and housing to services. This is the largest part of GDP in almost any country, usually between half and three quarters, and in absolute terms it sets the size of the consumer market. For gauging the capacity of a market the indicator is more useful than GDP: it includes neither government spending nor investment nor exports.

Important: It includes the imputed value of living in owner-occupied housing and other imputed services — computed quantities that statistical offices estimate unevenly.

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