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:

Ghana GDP Deflator Growth

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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Ghana Key Series

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Includes 118 key indicators for Ghana, curated by CEIC analysts. Instant access to full history data in excel.
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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