Ghana GDP Deflator Growth
2007 - 2021 | Quarterly | % | CEIC Data
Key information about Ghana GDP Deflator Growth
- Ghana GDP deflator (implicit price deflator) increased 12.8 % in Dec 2021, compared with an increase of 9.7 % in the previous quarter.
- Ghana GDP Deflator Growth data is updated quarterly, available from Mar 2007 to Dec 2021, with an average rate of 12.8 %.
- The data reached an all-time high of 32.2 % in Sep 2014 and a record low of -7.4 % in Mar 2012.
CEIC calculates quarterly GDP Deflator Growth from quarterly Nominal and Real GDP. Ghana Statistical Service provides Nominal GDP in local currency and Real GDP in local curency, at 2013 prices. GDP Deflator Growth prior to Q1 2014 is calculated from Nominal GDP and Real GDP at 2006 prices, based on SNA 1993.
Related information about Ghana GDP Deflator Growth
- In the latest reports, Ghana GDP expanded 1.8 % YoY in Dec 2021.
- Its Nominal GDP reached 21.8 USD bn in Dec 2021.
- Ghana GDP Per Capita reached 2,565.0 USD in Dec 2021.
- Its Gross Savings Rate was measured at 19.9 % in Dec 2021.
View Ghana's GDP Deflator Growth from Mar 2007 to Dec 2021 in the chart:
What was Ghana's GDP Deflator Growth in Dec 2021?
Ghana GDP deflator (implicit price deflator) increased 12.8 % in Dec 2021, compared with an increase of 9.7 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 12.8 Dec 2021 | 9.7 Sep 2021 | -7.4 Mar 2012 | 32.2 Sep 2014 | % | quarterly | Mar 2007 - Dec 2021 |
GDP Deflator Growth by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 5.1 Dec 2021 | quarterly | Mar 2010 - Dec 2021 |
| Algeria (%) | 16.4 Sep 2021 | quarterly | Mar 2012 - Sep 2021 |
| Argentina (%) | 54.6 Dec 2021 | quarterly | Mar 2005 - Dec 2021 |
| Armenia (%) | 4.8 Dec 2021 | quarterly | Mar 2001 - Dec 2021 |
| Australia (%) | 5.7 Dec 2021 | quarterly | Sep 1960 - Dec 2021 |
| Austria (%) | 2.0 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Azerbaijan (%) | 36.1 Dec 2021 | quarterly | Mar 2002 - Dec 2021 |
| Bahrain (%) | 13.6 Dec 2021 | quarterly | Mar 2010 - Dec 2021 |
| Bangladesh (%) | 5.6 2021 | yearly | 2007 - 2021 |
| Belarus (%) | 13.7 Dec 2021 | quarterly | Mar 2006 - Dec 2021 |
| Belgium (%) | 6.2 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Bolivia (%) | 6.5 Dec 2021 | quarterly | Mar 1991 - Dec 2021 |
| Bosnia and Herzegovina (%) | 3.5 Dec 2021 | quarterly | Mar 2009 - Dec 2021 |
| Botswana (%) | 5.9 Dec 2021 | quarterly | Mar 1995 - Dec 2021 |
| Brazil (%) | 10.4 Dec 2021 | quarterly | Mar 1997 - Dec 2021 |
| Brunei (%) | 18.6 Sep 2021 | quarterly | Mar 2005 - Sep 2021 |
| Bulgaria (%) | 7.7 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Cambodia (%) | -0.7 2020 | yearly | 1994 - 2020 |
| Canada (%) | 8.7 Dec 2021 | quarterly | Mar 1962 - Dec 2021 |
| Chile (%) | 5.7 Dec 2021 | quarterly | Mar 1991 - Dec 2021 |
| China (%) | 4.0 Mar 2022 | quarterly | Mar 1993 - Mar 2022 |
| Colombia (%) | 12.7 Mar 2022 | quarterly | Mar 2001 - Mar 2022 |
| Croatia (%) | 3.7 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Cyprus (%) | 4.5 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Czech Republic (%) | 2.8 Dec 2021 | quarterly | Mar 1997 - Dec 2021 |
| Denmark (%) | 4.4 Dec 2021 | quarterly | Mar 1992 - Dec 2021 |
| Ecuador (%) | 4.8 Dec 2021 | quarterly | Mar 2001 - Dec 2021 |
| Egypt (%) | 5.5 Jun 2021 | quarterly | Sep 2002 - Jun 2021 |
| Estonia (%) | 9.4 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| European Union (%) | 3.3 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Finland (%) | 5.0 Dec 2021 | quarterly | Mar 1976 - Dec 2021 |
| France (%) | 1.2 Mar 2022 | quarterly | Mar 1950 - Mar 2022 |
| Georgia (%) | 13.4 Dec 2021 | quarterly | Mar 1998 - Dec 2021 |
| Germany (%) | 4.9 Dec 2021 | quarterly | Mar 1992 - Dec 2021 |
| Ghana (%) | 12.8 Dec 2021 | quarterly | Mar 2007 - Dec 2021 |
| Greece (%) | 5.3 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Hong Kong SAR, China (%) | 0.4 Mar 2022 | quarterly | Mar 1974 - Mar 2022 |
| Hungary (%) | 6.7 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Iceland (%) | 7.8 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| India (%) | 9.8 Dec 2021 | quarterly | Jun 2005 - Dec 2021 |
| Indonesia (%) | 8.2 Mar 2022 | quarterly | Mar 1994 - Mar 2022 |
| Iran (%) | 62.4 Sep 2021 | quarterly | Jun 1989 - Sep 2021 |
| Ireland (%) | 2.1 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Israel (%) | 3.9 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Italy (%) | 0.1 Dec 2021 | quarterly | Mar 1997 - Dec 2021 |
| Ivory Coast (%) | 2.2 2021 | yearly | 1966 - 2021 |
| Japan (%) | -1.4 Dec 2021 | quarterly | Mar 1981 - Dec 2021 |
| Jordan (%) | 2.0 Dec 2021 | quarterly | Mar 1993 - Dec 2021 |
| Kazakhstan (%) | 13.0 Mar 2022 | quarterly | Mar 2004 - Mar 2022 |
| Kenya (%) | 4.0 Sep 2021 | quarterly | Mar 2010 - Sep 2021 |
| South Korea (%) | 2.8 Dec 2021 | quarterly | Mar 1961 - Dec 2021 |
| Kosovo (%) | 8.3 Dec 2021 | quarterly | Mar 2011 - Dec 2021 |
| Kuwait (%) | -10.1 Dec 2020 | quarterly | Mar 2011 - Dec 2020 |
| Kyrgyzstan (%) | 12.0 Dec 2021 | quarterly | Mar 2001 - Dec 2021 |
| Laos (%) | 3.6 2021 | yearly | 2003 - 2021 |
| Latvia (%) | 10.0 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Lebanon (%) | 5.5 2018 | yearly | 2005 - 2018 |
| Lithuania (%) | 13.1 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Luxembourg (%) | 9.6 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Macau SAR, China (%) | 0.3 Dec 2021 | quarterly | Mar 1999 - Dec 2021 |
| North Macedonia (%) | 9.4 Dec 2021 | quarterly | Mar 2001 - Dec 2021 |
| Malawi (%) | 6.2 2020 | yearly | 2003 - 2020 |
| Malaysia (%) | 8.5 Mar 2022 | quarterly | Mar 1992 - Mar 2022 |
| Malta (%) | 2.3 Dec 2021 | quarterly | Mar 2001 - Dec 2021 |
| Mauritius (%) | 7.6 Dec 2021 | quarterly | Mar 2001 - Dec 2021 |
| Mexico (%) | 7.8 Dec 2021 | quarterly | Mar 1981 - Dec 2021 |
| Moldova (%) | 4.2 Dec 2021 | quarterly | Mar 2011 - Dec 2021 |
| Mongolia (%) | 8.2 Mar 2022 | quarterly | Mar 2001 - Mar 2022 |
| Montenegro (%) | 5.7 Dec 2021 | quarterly | Mar 2011 - Dec 2021 |
| Morocco (%) | 2.9 Dec 2021 | quarterly | Mar 2008 - Dec 2021 |
| Mozambique (%) | 2.5 2020 | yearly | 1992 - 2020 |
| Myanmar (%) | 3.8 2020 | yearly | 2011 - 2020 |
| Nepal (%) | 3.9 2021 | yearly | 2002 - 2021 |
| Netherlands (%) | 2.1 Dec 2021 | quarterly | Mar 1997 - Dec 2021 |
| New Zealand (%) | 5.0 Dec 2021 | quarterly | Jun 1988 - Dec 2021 |
| Nigeria (%) | 8.8 Dec 2021 | quarterly | Mar 2011 - Dec 2021 |
| Norway (%) | 30.0 Mar 2022 | quarterly | Mar 1979 - Mar 2022 |
| Oman (%) | -13.2 2020 | yearly | 1999 - 2020 |
| Pakistan (%) | 10.1 2021 | yearly | 2001 - 2021 |
| Palestinian Territory (%) | 8.1 Dec 2021 | quarterly | Mar 2012 - Dec 2021 |
| Panama (%) | 4.1 Dec 2021 | quarterly | Mar 2008 - Dec 2021 |
| Paraguay (%) | 6.1 Dec 2021 | quarterly | Mar 1995 - Dec 2021 |
| Peru (%) | 7.3 Dec 2021 | quarterly | Mar 1991 - Dec 2021 |
| Philippines (%) | 4.2 Mar 2022 | quarterly | Mar 1982 - Mar 2022 |
| Poland (%) | 6.6 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Portugal (%) | 0.5 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Qatar (%) | 26.8 Dec 2021 | quarterly | Mar 2012 - Dec 2021 |
| Romania (%) | 4.7 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Russia (%) | 18.8 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Saudi Arabia (%) | 13.7 Dec 2021 | quarterly | Mar 2011 - Dec 2021 |
| Serbia (%) | 9.0 Dec 2021 | quarterly | Mar 1997 - Dec 2021 |
| Singapore (%) | 4.2 Dec 2021 | quarterly | Mar 1976 - Dec 2021 |
| Slovakia (%) | 3.5 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Slovenia (%) | 3.1 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| South Africa (%) | 5.6 Dec 2021 | quarterly | Mar 1961 - Dec 2021 |
| Spain (%) | 3.7 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Sri Lanka (%) | 11.0 Dec 2021 | quarterly | Mar 2011 - Dec 2021 |
| Sudan (%) | 107.1 2020 | yearly | 1983 - 2020 |
| Sweden (%) | 4.1 Dec 2021 | quarterly | Mar 1982 - Dec 2021 |
| Switzerland (%) | 2.0 Dec 2021 | quarterly | Mar 1981 - Dec 2021 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -8.5 Dec 2021 | quarterly | Dec 2008 - Dec 2021 |
| Consolidated Fiscal Balance (USD mn) | -294.937 Mar 2022 | monthly | Jan 2008 - Mar 2022 |
| Tax Revenue (USD mn) | 768.478 Mar 2022 | monthly | Jan 2008 - Mar 2022 |
| Tax Revenue: % of GDP (%) | 14.1 Dec 2021 | quarterly | Mar 2008 - Dec 2021 |
| Government Debt: % of GDP (%) | 76.1 2020 | yearly | 2006 - 2020 |
| Forecast: Government Expenditure (GHS bn) | 234.411 2027 | yearly | 1980 - 2027 |
| Forecast: Government Net Debt (GHS bn) | 885.914 2027 | yearly | 1990 - 2027 |
| Forecast: Government Revenue (GHS bn) | 162.850 2027 | yearly | 1982 - 2027 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 20.464 2027 | yearly | 1980 - 2027 |
| Trade Balance (USD mn) | 79.9 Dec 2021 | monthly | Mar 2005 - Dec 2021 |
| Total Exports (USD mn) | 1,272.9 Dec 2021 | monthly | Jan 2010 - Dec 2021 |
| Total Exports Growth (%) | -1.9 Dec 2021 | monthly | Jan 2011 - Dec 2021 |
| Aluminum: Exports (USD th) | 78,981.621 2020 | yearly | 1995 - 2020 |
| Exports: Medicament (USD th) | 5,111.213 2020 | yearly | 1995 - 2020 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 221.031 2020 | yearly | 1995 - 2020 |
| Total Imports (USD mn) | 1,193.0 Dec 2021 | monthly | Mar 2005 - Dec 2021 |
| Total Imports Growth (%) | 31.7 Dec 2021 | monthly | Mar 2006 - Dec 2021 |
| Imports: Medicament (USD th) | 188,339.959 2020 | yearly | 1995 - 2020 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 63,163.099 2020 | yearly | 1995 - 2020 |
| Total Exports to USA (USD mn) | 52.924 Jan 2022 | monthly | Feb 1985 - Jan 2022 |
| Total Imports from USA (USD mn) | 115.612 Jan 2022 | monthly | Jun 1995 - Jan 2022 |
| Total Exports to China (USD mn) | 371.328 Jan 2022 | monthly | May 1995 - Jan 2022 |
| Total Imports from China (USD mn) | 172.397 Jan 2022 | monthly | Jun 1986 - Jan 2022 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 0.0 Dec 2020 | quarterly | Mar 2011 - Dec 2020 |
| Current Account Balance (USD mn) | -672.2 Dec 2021 | quarterly | Mar 2005 - Dec 2021 |
| Current Account Balance: % of GDP (%) | -3.1 Dec 2021 | quarterly | Mar 2006 - Dec 2021 |
| Foreign Direct Investment (USD mn) | 346.9 Dec 2020 | quarterly | Mar 2011 - Dec 2020 |
| Foreign Direct Investment: % of GDP (%) | 1.9 Dec 2020 | quarterly | Mar 2011 - Dec 2020 |
| Foreign Portfolio Investment (USD mn) | -69.820 Dec 2020 | quarterly | Mar 2011 - Dec 2020 |
| Foreign Portfolio Investment: % of GDP (%) | -0.4 Dec 2020 | quarterly | Mar 2011 - Dec 2020 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 18.1 2010 | yearly | 1975 - 2010 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -69.820 Dec 2020 | quarterly | Mar 2011 - Dec 2020 |
| External Debt (USD mn) | 28,160.6 Dec 2021 | monthly | Jan 2012 - Dec 2021 |
| External Debt: % of GDP (%) | 35.6 2021 | yearly | 1999 - 2021 |
| Forecast: Current Account Balance (USD bn) | -3.522 2027 | yearly | 1980 - 2027 |
| Net International Investment Position (USD mn) | -28,067.014 2020 | yearly | 2006 - 2020 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 14.4 Feb 2022 | monthly | Dec 2005 - Feb 2022 |
| Non-Performing Loans (USD mn) | 1,279.682 Mar 2021 | quarterly | Mar 2008 - Mar 2021 |
| Money Supply M1 (USD mn) | 11,560.177 Dec 2021 | quarterly | Mar 1990 - Dec 2021 |
| Money Supply M2 (USD mn) | 17,612.019 Dec 2021 | quarterly | Mar 1990 - Dec 2021 |
| M2 Growth (%) | 11.9 Dec 2021 | quarterly | Mar 1991 - Dec 2021 |
| Foreign Exchange Reserves (USD mn) | 7,500.6 Mar 2022 | monthly | Jan 1965 - Mar 2022 |
| Foreign Exchange Reserves: % of GDP (%) | 10.368 Dec 2021 | quarterly | Dec 2006 - Dec 2021 |
| Foreign Exchange Reserves: Months of Import (NA) | 6.9 Dec 2021 | monthly | Mar 2005 - Dec 2021 |
| Gold Reserves (Metric Ton) | 1,000.000 2021 | yearly | 2008 - 2021 |
| Total Deposits (USD mn) | 19,632.116 Dec 2021 | monthly | Dec 2004 - Dec 2021 |
| Total Deposits Growth (%) | 15.6 Dec 2021 | monthly | Dec 2005 - Dec 2021 |
| Domestic Credit (USD mn) | 25,908.7 Sep 2021 | monthly | Jan 1967 - Sep 2021 |
| Domestic Credit Growth (%) | 10.9 Sep 2021 | monthly | Jan 1968 - Sep 2021 |
| Total Loans (USD mn) | 8,952.119 Dec 2021 | monthly | Dec 2011 - Dec 2021 |
| Total Loans Growth (%) | 12.56 Dec 2021 | monthly | Dec 2012 - Dec 2021 |
| Private Debt: % of Nominal GDP (%) | 10.26 Dec 2021 | quarterly | Dec 2013 - Dec 2021 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (%) | -9.3 Feb 2022 | monthly | Dec 2013 - Feb 2022 |
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