Ghana GH: Military Expenditure: % of GDP

1960 - 2016 | Yearly | % | World Bank

Ghana GH: Military Expenditure: % of GDP data was reported at 0.406 % in 2017. This records an increase from the previous number of 0.382 % for 2016. Ghana GH: Military Expenditure: % of GDP data is updated yearly, averaging 0.698 % from Dec 1960 (Median) to 2017, with 57 observations. The data reached an all-time high of 2.656 % in 1968 and a record low of 0.341 % in 1983. Ghana GH: Military Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ghana – Table GH.World Bank.WDI: Defense and Official Development Assistance. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.); ; Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.; Weighted average; Data for some countries are based on partial or uncertain data or rough estimates.

View Ghana's Ghana GH: Military Expenditure: % of GDP from 1960 to 2016 in the chart:

Ghana Ghana GH: Military Expenditure: % of GDP

What was Ghana's Ghana GH: Military Expenditure: % of GDP in 2016?

Last Previous Min Max Unit Frequency Range
0.38 2016 0.52 2015 0.34 1983 2.66 1968 % yearly 1960 - 2016

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Ghana Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 8,459.410 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 2,405.940 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 6.774 2027 yearly 1980 - 2027
Nominal GDP (USD mn) 38,702.5 Mar 2026 quarterly Mar 2006 - Mar 2026
Real GDP Growth (%) 1.5 Dec 2025 quarterly Jun 2006 - Dec 2025
GDP Deflator Growth (%) 4.6 Mar 2026 quarterly Mar 2007 - Mar 2026
Private Consumption: % of GDP (%) 79.7 2025 yearly 2006 - 2025
Investment: % of GDP (%) 8.1 2025 yearly 2006 - 2025
Public Consumption: % of GDP (%) 4.3 2025 yearly 2006 - 2025
GDP per Capita (USD) 2,513.105 2024 yearly 1960 - 2024
Gross Savings Rate (%) 16.0 2025 yearly 2006 - 2025
Total Trade of Goods & Services: % of Nominal GDP (%) 7.869 2025 yearly 2006 - 2025
Gross Fixed Capital Formation (USD mn) 9,134.205 2025 yearly 2006 - 2025
Nominal GDP Growth (%) 11.218 Mar 2026 quarterly Mar 2007 - Mar 2026
Private Consumption Expenditure (USD mn) 91,001.933 2025 yearly 2006 - 2025
Public Consumption Expenditure (USD mn) 4,957.167 2025 yearly 2006 - 2025
Gross National Product (GNP) (USD mn) 107,224.848 2025 yearly 1960 - 2025
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (GHS bn) 570.915 2031 yearly 1980 - 2031
Forecast: Government Net Debt (GHS bn) 1,260.307 2031 yearly 1990 - 2031
Forecast: Government Revenue (GHS bn) 506.182 2031 yearly 1980 - 2031
Consolidated Fiscal Balance (USD mn) 439.497 Jun 2026 monthly Jan 2008 - Jun 2026
Tax Revenue: % of GDP (%) 15.1 Jun 2025 quarterly Mar 2008 - Jun 2025
Consolidated Fiscal Balance: % of GDP (%) -0.1 Mar 2026 quarterly Dec 2008 - Mar 2026
Government Debt: % of GDP (%) 44.7 2025 yearly 2006 - 2025
Tax Revenue (USD mn) 2,859.995 Dec 2025 monthly Jan 2008 - Dec 2025
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 37.328 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 0.000 yearly -
Employed Persons (Person) 12,730,124.000 2024 yearly 2013 - 2024
Labour Productivity Growth (%) 4.52 2025 yearly 1992 - 2025
Monthly Earnings (USD) 242 2015 yearly 2013 - 2015
Labour Force Participation Rate (%) 58.5 2025 yearly 1990 - 2025
Population (Person mn) 31.1 2020 yearly 1950 - 2020
Unemployment Rate (%) 2.98 2025 yearly 1991 - 2025
Domestic Trade and Household Survey Last Frequency Range
Motor Vehicle Sales: Commercial Cars (Unit) 2,306.000 2019 yearly 2005 - 2019
Motor Vehicle Sales: Passenger Cars (Unit) 3,394.000 2019 yearly 2005 - 2019
Consumer Confidence Growth (%) -5.5 Jun 2026 monthly Oct 2013 - Jun 2026
Household Expenditure per Capita (USD) 1,161.488 2018 yearly 2006 - 2018
Motor Vehicles Sales (Unit) 5,700 2019 yearly 2005 - 2019
Motor Vehicles Sales Growth (%) -19.4 2019 yearly 2006 - 2019
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 8.000 2028 yearly 1980 - 2028
CPI: Food and Non Alcoholic Beverage Change (%) 3.109 Jul 2026 monthly Sep 1998 - Jul 2026
Consumer Price Index CPI Growth (%) 4.6 Jul 2026 monthly Mar 1964 - Jul 2026
Producer Price Index Growth (%) 5.8 May 2026 monthly Oct 2007 - May 2026
Core CPI Change (%) 6.200 Oct 2025 monthly Jan 2016 - Oct 2025

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