Ghana - Final consumption expenditure

Final consumption expenditure (current US$)

The latest value for Final consumption expenditure (current US$) in Ghana was $57,642,380,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $57,642,380,000 in 2020 and $1,008,522,000 in 1960.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $1,008,522,000
1961 $1,175,208,000
1962 $1,204,623,000
1963 $1,348,898,000
1964 $1,462,357,000
1965 $1,883,975,000
1966 $1,959,614,000
1967 $1,611,269,000
1968 $1,489,433,000
1969 $1,742,411,000
1970 $1,931,655,000
1971 $2,184,099,000
1972 $1,846,662,000
1973 $2,118,310,000
1974 $2,617,391,000
1975 $2,426,596,000
1976 $2,529,237,000
1977 $2,870,286,000
1978 $3,514,311,000
1979 $3,754,558,000
1980 $4,225,830,000
1981 $4,053,314,000
1982 $3,885,294,000
1983 $3,922,707,000
1984 $4,229,158,000
1985 $4,205,482,000
1986 $5,395,265,000
1987 $4,876,354,000
1988 $4,916,256,000
1989 $4,957,224,000
1990 $5,566,940,000
1991 $6,113,829,000
1992 $6,333,195,000
1993 $5,605,364,000
1994 $4,766,503,000
1995 $5,715,750,000
1996 $6,018,220,000
1997 $6,600,153,000
1998 $6,713,979,000
1999 $7,452,874,000
2000 $4,706,233,000
2001 $4,941,825,000
2002 $5,707,354,000
2003 $7,097,538,000
2004 $8,231,801,000
2005 $10,344,010,000
2006 $18,924,810,000
2007 $25,056,160,000
2008 $29,528,560,000
2009 $25,157,040,000
2010 $32,417,240,000
2011 $39,184,780,000
2012 $39,406,280,000
2013 $53,466,150,000
2014 $43,922,190,000
2015 $40,030,180,000
2016 $44,807,420,000
2017 $49,654,530,000
2018 $52,762,230,000
2019 $56,215,270,000
2020 $57,642,380,000

Final consumption expenditure (current LCU)

The value for Final consumption expenditure (current LCU) in Ghana was 322,549,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 322,549,000,000 in 2020 and a minimum value of 72,000 in 1960.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 72,000
1961 83,900
1962 86,000
1963 96,300
1964 104,400
1965 134,500
1966 139,900
1967 138,700
1968 151,900
1969 177,700
1970 197,000
1971 225,900
1972 246,100
1973 300,800
1974 421,400
1975 456,200
1976 596,900
1977 1,004,600
1978 2,013,700
1979 2,635,700
1980 4,073,700
1981 6,971,700
1982 8,322,300
1983 17,793,400
1984 25,933,200
1985 32,028,700
1986 48,172,000
1987 71,682,400
1988 99,424,900
1989 133,773,100
1990 181,569,200
1991 224,988,900
1992 276,760,600
1993 363,788,100
1994 455,677,700
1995 685,318,500
1996 983,979,000
1997 1,351,711,000
1998 1,552,272,000
1999 1,986,936,000
2000 2,564,426,000
2001 3,539,829,000
2002 4,522,507,000
2003 6,152,145,000
2004 7,404,505,000
2005 9,363,395,000
2006 17,318,090,000
2007 23,367,370,000
2008 31,072,900,000
2009 35,345,650,000
2010 46,356,660,000
2011 59,584,380,000
2012 71,912,520,000
2013 105,938,000,000
2014 127,225,000,000
2015 148,696,000,000
2016 175,188,000,000
2017 216,022,000,000
2018 241,931,000,000
2019 293,298,000,000
2020 322,549,000,000

Final consumption expenditure (constant 2010 US$)

The latest value for Final consumption expenditure (constant 2010 US$) in Ghana was 48,384,100,000 as of 2020. Over the past 14 years, the value for this indicator has fluctuated between 48,384,100,000 in 2020 and 21,250,860,000 in 2006.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2006 21,250,860,000
2007 22,414,430,000
2008 25,755,140,000
2009 26,013,660,000
2010 30,517,960,000
2011 34,114,550,000
2012 35,552,300,000
2013 41,204,030,000
2014 39,661,440,000
2015 40,030,180,000
2016 39,515,260,000
2017 40,475,650,000
2018 41,949,210,000
2019 47,397,970,000
2020 48,384,100,000

Final consumption expenditure (annual % growth)

The value for Final consumption expenditure (annual % growth) in Ghana was 2.08 as of 2020. As the graph below shows, over the past 13 years this indicator reached a maximum value of 17.32 in 2010 and a minimum value of -3.74 in 2014.

Definition: Average annual growth of final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2007 5.48
2008 14.90
2009 1.00
2010 17.32
2011 11.79
2012 4.21
2013 15.90
2014 -3.74
2015 0.93
2016 -1.29
2017 2.43
2018 3.64
2019 12.99
2020 2.08

Final consumption expenditure (constant LCU)

The value for Final consumption expenditure (constant LCU) in Ghana was 124,398,000,000 as of 2020. As the graph below shows, over the past 14 years this indicator reached a maximum value of 124,398,000,000 in 2020 and a minimum value of 54,637,130,000 in 2006.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2006 54,637,130,000
2007 57,628,720,000
2008 66,217,880,000
2009 66,882,540,000
2010 78,463,340,000
2011 87,710,370,000
2012 91,406,900,000
2013 105,938,000,000
2014 101,972,000,000
2015 102,920,000,000
2016 101,596,000,000
2017 104,065,000,000
2018 107,854,000,000
2019 121,863,000,000
2020 124,398,000,000

Final consumption expenditure (% of GDP)

Final consumption expenditure (% of GDP) in Ghana was 84.11 as of 2020. Its highest value over the past 60 years was 102.96 in 2008, while its lowest value was 78.40 in 2018.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 82.85
1961 90.22
1962 87.13
1963 87.55
1964 84.47
1965 91.75
1966 92.16
1967 92.22
1968 89.35
1969 88.81
1970 87.21
1971 90.36
1972 87.42
1973 85.92
1974 90.43
1975 86.35
1976 91.46
1977 89.99
1978 95.95
1979 93.39
1980 95.06
1981 95.99
1982 96.27
1983 96.68
1984 95.85
1985 93.37
1986 94.20
1987 96.09
1988 94.58
1989 94.39
1990 94.53
1991 92.68
1992 98.74
1993 93.95
1994 87.55
1995 88.41
1996 86.78
1997 95.78
1998 89.75
1999 96.55
2000 94.45
2001 92.98
2002 92.56
2003 92.99
2004 92.69
2005 96.27
2006 92.58
2007 100.92
2008 102.96
2009 96.58
2010 100.68
2011 99.61
2012 95.48
2013 85.11
2014 80.18
2015 81.02
2016 79.78
2017 82.20
2018 78.40
2019 82.26
2020 84.11

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts