Ghana Private Consumption Expenditure

2006 - 2023 | Yearly | USD mn | CEIC Data

Key information about Ghana Private Consumption Expenditure

  • Ghana Private Consumption Expenditure was reported at 64.007 USD bn in Dec 2023. This records an increase from the previous number of 58.013 USD bn for Dec 2022.
  • Ghana Private Consumption Expenditure data is updated yearly, averaging 39.578 USD bn from Dec 2006 to 2023, with 18 observations.
  • The data reached an all-time high of 64.007 USD bn in 2023 and a record low of 17.111 USD bn in 2006.
  • Ghana Private Consumption Expenditure data remains in an active status in CEIC and is reported by CEIC Data.
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Private Consumption Expenditure: USD: Annual.

CEIC converts annual Private Consumption Expenditure into USD. Ghana Statistical Service provides Private Consumption Expenditure in local currency, based on SNA 2008. The Bank of Ghana average market exchange rate is used for currency conversions. Private Consumption Expenditure prior to 2013 is based on SNA 1993.

View Ghana's Private Consumption Expenditure from 2006 to 2023 in the chart:

Ghana Private Consumption Expenditure

What was Ghana's Private Consumption Expenditure in 2023?

Ghana Private Consumption Expenditure was reported at 64.007 USD bn in Dec 2023. This records an increase from the previous number of 58.013 USD bn for Dec 2022. See the table below for more data.

Last Previous Min Max Unit Frequency Range
64,007.357 2023 58,012.852 2022 17,111.427 2006 64,007.357 2023 USD mn yearly 2006 - 2023

Private Consumption Expenditure by Country Comparison

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Includes Private Consumption Expenditure on 115 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (USD mn) 4,530.531 Sep 2023 quarterly Mar 2008 - Sep 2023
Algeria (USD mn) 75,368.289 2022 yearly 1957 - 2022
Argentina (USD mn) 97,875.121 Dec 2023 quarterly Mar 1993 - Dec 2023
Armenia (USD mn) 4,097.328 Dec 2023 quarterly Dec 1994 - Dec 2023
Australia (USD mn) 215,678.545 Dec 2023 quarterly Sep 1959 - Dec 2023
Austria (USD mn) 68,400.143 Dec 2023 quarterly Mar 1988 - Dec 2023
Azerbaijan (USD mn) 9,663.941 Dec 2023 quarterly Mar 2001 - Dec 2023
Bahrain (USD mn) 15,379.662 2021 yearly 1975 - 2021
Bangladesh (USD mn) 309,635.502 2023 yearly 1981 - 2023
Belarus (USD mn) 9,948.482 Dec 2023 quarterly Mar 2000 - Dec 2023
Belgium (USD mn) 81,865.956 Dec 2023 quarterly Mar 1980 - Dec 2023
Bolivia (USD mn) 7,055.195 Sep 2023 quarterly Mar 1990 - Sep 2023
Bosnia and Herzegovina (USD mn) 4,904.663 Dec 2023 quarterly Mar 2008 - Dec 2023
Botswana (USD mn) 2,193.507 Dec 2023 quarterly Mar 2006 - Dec 2023
Brazil (USD mn) 365,317.350 Dec 2023 quarterly Mar 1996 - Dec 2023
Brunei (USD mn) 1,027.142 Sep 2023 quarterly Mar 2013 - Sep 2023
Bulgaria (USD mn) 16,745.800 Dec 2023 quarterly Mar 1995 - Dec 2023
Cambodia (USD mn) 18,229.737 2022 yearly 1993 - 2022
Canada (USD mn) 297,483.775 Dec 2023 quarterly Mar 1961 - Dec 2023
Chile (USD mn) 49,861.329 Sep 2023 quarterly Mar 1996 - Sep 2023
China (USD mn) 6,791,055.951 2021 yearly 1957 - 2021
Colombia (USD mn) 76,628.498 Dec 2023 quarterly Mar 2000 - Dec 2023
Croatia (USD mn) 12,779.417 Dec 2023 quarterly Mar 1995 - Dec 2023
Cyprus (USD mn) 4,951.346 Dec 2023 quarterly Mar 1995 - Dec 2023
Czech Republic (USD mn) 37,330.786 Dec 2023 quarterly Mar 1995 - Dec 2023
Denmark (USD mn) 46,665.079 Dec 2023 quarterly Mar 1990 - Dec 2023
Ecuador (USD mn) 20,091.024 Dec 2023 quarterly Mar 1991 - Dec 2023
Egypt (USD mn) 99,333.490 Dec 2023 quarterly Sep 2001 - Dec 2023
Estonia (USD mn) 5,631.389 Dec 2023 quarterly Mar 1995 - Dec 2023
European Union (USD mn) 2,420,601.124 Dec 2023 quarterly Mar 1999 - Dec 2023
Finland (USD mn) 39,146.107 Sep 2023 quarterly Mar 1990 - Sep 2023
France (USD mn) 410,738.572 Dec 2023 quarterly Mar 1957 - Dec 2023
Georgia (USD mn) 6,292.625 Dec 2023 quarterly Mar 1996 - Dec 2023
Germany (USD mn) 568,851.463 Dec 2023 quarterly Mar 1960 - Dec 2023
Ghana (USD mn) 64,007.357 2023 yearly 2006 - 2023
Greece (USD mn) 41,316.732 Dec 2023 quarterly Mar 1995 - Dec 2023
Hong Kong SAR, China (USD mn) 70,674.786 Dec 2023 quarterly Mar 1973 - Dec 2023
Hungary (USD mn) 27,572.868 Dec 2023 quarterly Mar 1995 - Dec 2023
Iceland (USD mn) 3,909.120 Dec 2023 quarterly Mar 1995 - Dec 2023
India (USD mn) 576,447.561 Dec 2023 quarterly Jun 1996 - Dec 2023
Indonesia (USD mn) 187,292.483 Dec 2023 quarterly Mar 1993 - Dec 2023
Iran (USD mn) 391,731.639 Sep 2023 quarterly Jun 1988 - Sep 2023
Ireland (USD mn) 40,492.260 Dec 2023 quarterly Mar 1995 - Dec 2023
Israel (USD mn) 56,073.765 Dec 2023 quarterly Mar 1995 - Dec 2023
Italy (USD mn) 333,937.270 Dec 2023 quarterly Mar 1995 - Dec 2023
Ivory Coast (USD mn) 53,778.564 2023 yearly 1960 - 2023
Japan (USD mn) 545,894.812 Dec 2023 quarterly Mar 1980 - Dec 2023
Jordan (USD mn) 40,604.493 2022 yearly 1962 - 2022
Kazakhstan (USD mn) 31,211.710 Sep 2023 quarterly Mar 2007 - Sep 2023
Kenya (USD mn) 86,626.716 2022 yearly 1960 - 2022
South Korea (USD mn) 210,379.239 Dec 2023 quarterly Mar 1960 - Dec 2023
Kosovo (USD mn) 2,648.829 Dec 2023 quarterly Mar 2010 - Dec 2023
Kuwait (USD mn) 56,322.765 2019 yearly 1962 - 2019
Kyrgyzstan (USD mn) 3,376.283 Sep 2023 quarterly Mar 2008 - Sep 2023
Laos (USD mn) 10,453.639 2016 yearly 2000 - 2016
Latvia (USD mn) 6,664.679 Jun 2023 quarterly Mar 1995 - Jun 2023
Lebanon (USD mn) 67,290.874 2020 yearly 1990 - 2020
Lithuania (USD mn) 11,548.215 Dec 2023 quarterly Mar 1995 - Dec 2023
Luxembourg (USD mn) 6,995.551 Dec 2023 quarterly Mar 1995 - Dec 2023
Macau SAR, China (USD mn) 3,568.260 Dec 2023 quarterly Mar 2001 - Dec 2023
North Macedonia (USD mn) 2,889.710 Dec 2023 quarterly Mar 2000 - Dec 2023
Malawi (USD mn) 6,072.721 2019 yearly 1960 - 2019
Malaysia (USD mn) 59,923.133 Dec 2023 quarterly Mar 1991 - Dec 2023
Malta (USD mn) 2,312.334 Dec 2023 quarterly Mar 1992 - Dec 2023
Mauritius (USD mn) 3,050.010 Dec 2023 quarterly Mar 1999 - Dec 2023
Mexico (USD mn) 314,407.116 Jun 2023 quarterly Mar 1993 - Jun 2023
Moldova (USD mn) 3,951.869 Dec 2023 quarterly Mar 1995 - Dec 2023
Mongolia (USD mn) 2,626.915 Dec 2023 quarterly Mar 2010 - Dec 2023
Montenegro (USD mn) 1,497.571 Dec 2023 quarterly Mar 2010 - Dec 2023
Morocco (USD mn) 22,962.132 Dec 2023 quarterly Mar 2007 - Dec 2023
Mozambique (USD mn) 13,846.396 2022 yearly 1969 - 2022
Nepal (USD mn) 35,007.033 2022 yearly 1975 - 2022
Netherlands (USD mn) 123,994.093 Dec 2023 quarterly Mar 1988 - Dec 2023
New Zealand (USD mn) 36,064.398 Dec 2023 quarterly Jun 1987 - Dec 2023
Nigeria (USD mn) 63,343.172 Jun 2023 quarterly Mar 2010 - Jun 2023
Norway (USD mn) 45,681.300 Dec 2023 quarterly Mar 1978 - Dec 2023
Oman (USD mn) 38,442.752 2022 yearly 1980 - 2022
Pakistan (USD mn) 282,736.925 2023 yearly 1960 - 2023
Palestinian Territory (USD mn) 3,256.800 Dec 2023 quarterly Mar 2011 - Dec 2023
Panama (USD mn) 34,049.753 2021 yearly 1969 - 2021
Paraguay (USD mn) 7,627.794 Dec 2023 quarterly Mar 1994 - Dec 2023
Peru (USD mn) 42,544.700 Dec 2023 quarterly Mar 1990 - Dec 2023
Philippines (USD mn) 95,064.818 Dec 2023 quarterly Mar 1981 - Dec 2023
Poland (USD mn) 115,986.106 Dec 2023 quarterly Mar 1995 - Dec 2023
Portugal (USD mn) 45,358.831 Dec 2023 quarterly Mar 1995 - Dec 2023
Qatar (USD mn) 12,296.333 Dec 2022 quarterly Mar 2013 - Dec 2022
Romania (USD mn) 56,047.701 Dec 2023 quarterly Mar 1995 - Dec 2023
Russia (USD mn) 251,757.666 Dec 2023 quarterly Mar 1993 - Dec 2023
Saudi Arabia (USD mn) 107,904.591 Dec 2023 quarterly Mar 2003 - Dec 2023
Serbia (USD mn) 13,380.581 Dec 2023 quarterly Mar 1995 - Dec 2023
Singapore (USD mn) 40,982.832 Dec 2023 quarterly Mar 1975 - Dec 2023
Slovakia (USD mn) 19,767.744 Dec 2023 quarterly Mar 1995 - Dec 2023
Slovenia (USD mn) 9,201.058 Dec 2023 quarterly Mar 1995 - Dec 2023
South Africa (USD mn) 61,561.778 Dec 2023 quarterly Mar 1960 - Dec 2023
Spain (USD mn) 223,931.109 Dec 2023 quarterly Mar 1995 - Dec 2023
Sri Lanka (USD mn) 14,490.400 Dec 2023 quarterly Mar 2010 - Dec 2023
Sudan (USD mn) 41,084.771 2022 yearly 1960 - 2022
Sweden (USD mn) 65,796.845 Dec 2023 quarterly Mar 1980 - Dec 2023
Switzerland (USD mn) 116,555.071 Dec 2023 quarterly Mar 1980 - Dec 2023
Syria (USD mn) 17,809.227 2020 yearly 1990 - 2020

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Ghana Key Series

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Includes 125 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 (%) -4.6 Jun 2023 quarterly Dec 2008 - Jun 2023
Consolidated Fiscal Balance (USD mn) 239.230 Jun 2023 monthly Jan 2008 - Jun 2023
Tax Revenue (USD mn) 1,009.808 Jun 2023 monthly Jan 2008 - Jun 2023
Tax Revenue: % of GDP (%) 13.9 Jun 2022 quarterly Mar 2008 - Jun 2022
Government Debt: % of GDP (%) 70.7 2022 yearly 2006 - 2022
Forecast: Government Expenditure (GHS bn) 372.947 2028 yearly 1980 - 2028
Forecast: Government Net Debt (GHS bn) 1,247.210 2028 yearly 1990 - 2028
Forecast: Government Revenue (GHS bn) 322.330 2028 yearly 1982 - 2028
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.394 2028 yearly 1980 - 2028
Trade Balance (USD mn) 112.7 Aug 2023 monthly Mar 2005 - Aug 2023
Total Exports (USD mn) 1,290.0 Aug 2023 monthly Jan 2010 - Aug 2023
Total Exports Growth (%) -12.8 Aug 2023 monthly Jan 2011 - Aug 2023
Aluminum: Exports (USD th) 124,996.968 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 7,139.214 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 1,273.109 2022 yearly 1995 - 2022
Total Imports (USD mn) 1,177.3 Aug 2023 monthly Mar 2005 - Aug 2023
Total Imports Growth (%) -11.1 Aug 2023 monthly Mar 2006 - Aug 2023
Imports: Medicament (USD th) 204,070.187 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 67,696.289 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 42.273 Dec 2023 monthly Feb 1985 - Dec 2023
Total Imports from USA (USD mn) 130.274 Dec 2023 monthly Jun 1995 - Dec 2023
Total Exports to China (USD mn) 593.294 Dec 2023 monthly May 1995 - Dec 2023
Total Imports from China (USD mn) 180.650 Dec 2023 monthly Jun 1986 - Dec 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 2.7 Dec 2022 quarterly Mar 2011 - Dec 2022
Current Account Balance (USD mn) 217.8 Dec 2023 quarterly Mar 2005 - Dec 2023
Current Account Balance: % of GDP (%) 0.2 Sep 2023 quarterly Mar 2006 - Sep 2023
Foreign Direct Investment (USD mn) 324.8 Dec 2022 quarterly Mar 2011 - Dec 2022
Foreign Direct Investment: % of GDP (%) 2.0 Dec 2022 quarterly Mar 2011 - Dec 2022
Foreign Portfolio Investment (USD mn) -308.059 Dec 2021 quarterly Mar 2011 - Dec 2021
Foreign Portfolio Investment: % of GDP (%) -1.2 Dec 2022 quarterly Mar 2011 - Dec 2022
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 2022 yearly 1975 - 2022
Foreign Portfolio Investment: Debt Securities (USD mn) -189.016 Dec 2022 quarterly Mar 2011 - Dec 2022
External Debt (USD mn) 29,185.2 Nov 2022 monthly Jan 2012 - Nov 2022
External Debt: % of GDP (%) 39.0 2022 yearly 1999 - 2022
Forecast: Current Account Balance (USD bn) -2.914 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -23,095.226 2022 yearly 2006 - 2022
BoP: Financial Account: Financial Derivatives & Employee Stock Options (USD mn) 0.000 Dec 2022 quarterly Mar 2022 - Dec 2022
BoP: Financial Account: Financial Derivatives & Employee Stock Options: Assets (USD mn) 0.000 Dec 2022 quarterly Mar 2022 - Dec 2022
BoP: Financial Account: Financial Derivatives & Employee Stock Options: Liabilit... (USD mn) 0.000 Dec 2022 quarterly Mar 2022 - Dec 2022
BoP: Financial Account: Portfolio Investment: Assets (USD mn) 0.000 Dec 2022 quarterly Mar 2022 - Dec 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 24.6 Feb 2024 monthly Dec 2005 - Feb 2024
Non-Performing Loans (USD mn) 1,243.949 Jun 2023 quarterly Mar 2008 - Jun 2023
Money Supply M1 (USD mn) 10,251.243 Dec 2023 quarterly Mar 1990 - Dec 2023
Money Supply M2 (USD mn) 15,608.260 Dec 2023 quarterly Mar 1990 - Dec 2023
M2 Growth (%) 37.2 Dec 2023 quarterly Mar 1991 - Dec 2023
Foreign Exchange Reserves (USD mn) 3,368.9 Jan 2024 monthly Jan 1965 - Jan 2024
Foreign Exchange Reserves: % of GDP (%) 3.309 Sep 2023 quarterly Dec 2006 - Sep 2023
Foreign Exchange Reserves: Months of Import (NA) 2.3 Aug 2023 monthly Mar 2005 - Aug 2023
Gold Reserves (Metric Ton) 1,000.000 2023 yearly 2008 - 2023
Total Deposits (USD mn) 17,864.204 Jan 2024 monthly Jan 1999 - Jan 2024
Total Deposits Growth (%) 26.0 Jan 2024 monthly Jan 2000 - Jan 2024
Domestic Credit (USD mn) 19,989.0 Dec 2023 monthly Jan 1967 - Dec 2023
Domestic Credit Growth (%) -0.4 Dec 2023 monthly Jan 1968 - Dec 2023
Total Loans (USD mn) 6,482.295 Dec 2023 monthly Jan 1999 - Dec 2023
Total Loans Growth (%) 10.01 Dec 2023 monthly Jan 2000 - Dec 2023
Private Debt: % of Nominal GDP (%) 9.23 Sep 2023 quarterly Dec 2013 - Sep 2023
Business and Economic Survey Last Frequency Range
Business Confidence Growth (%) 22.8 Feb 2024 monthly Dec 2013 - Feb 2024

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