Ghana Inflation Rate
Africa · 60 years of data (1965-2024)
22.85%
2024 Annual Rate
(-15.26%)
Average Rate
27.17%
1965-2024
Peak Inflation
122.87%
Year 1983
Lowest Rate
-8.42%
Year 1967
Volatility
26.11%
Std. Deviation
vs World Avg
+16.24%
World: 6.61%
vs Africa
+12.70%
Region: 10.15%
Historical Inflation Chart
Year-by-Year Data
| Year | Inflation Rate | Change |
|---|---|---|
| 2024 | 22.85% | ▼ 15.26% |
| 2023 | 38.11% | ▲ 6.85% |
| 2022 | 31.26% | ▲ 21.28% |
| 2021 | 9.97% | ▲ 0.08% |
| 2020 | 9.89% | ▲ 2.74% |
| 2019 | 7.14% | ▼ 0.67% |
| 2018 | 7.81% | ▼ 4.56% |
| 2017 | 12.37% | ▼ 5.08% |
| 2016 | 17.45% | ▲ 0.30% |
| 2015 | 17.15% | ▲ 1.66% |
| 2014 | 15.49% | ▲ 3.82% |
| 2013 | 11.67% | ▲ 0.48% |
| 2012 | 11.19% | ▲ 2.46% |
| 2011 | 8.73% | ▼ 2.00% |
| 2010 | 10.73% | ▼ 8.51% |
| 2009 | 19.25% | ▲ 2.75% |
| 2008 | 16.49% | ▲ 5.76% |
| 2007 | 10.73% | ▼ 0.94% |
| 2006 | 11.68% | ▼ 3.76% |
| 2005 | 15.44% | ▼ 2.60% |
| 2004 | 18.04% | ▼ 11.73% |
| 2003 | 29.77% | ▲ 20.41% |
| 2002 | 9.36% | ▼ 32.15% |
| 2001 | 41.51% | ▲ 1.27% |
| 2000 | 40.24% | ▲ 35.38% |
| 1999 | 4.87% | ▼ 9.76% |
| 1998 | 14.62% | ▼ 13.26% |
| 1997 | 27.89% | ▼ 18.68% |
| 1996 | 46.56% | ▼ 12.90% |
| 1995 | 59.46% | ▲ 34.59% |
| 1994 | 24.87% | ▼ 0.09% |
| 1993 | 24.96% | ▲ 14.90% |
| 1992 | 10.06% | ▼ 7.98% |
| 1991 | 18.03% | ▼ 19.23% |
| 1990 | 37.26% | ▲ 12.04% |
| 1989 | 25.22% | ▼ 6.14% |
| 1988 | 31.36% | ▼ 8.46% |
| 1987 | 39.82% | ▲ 15.25% |
| 1986 | 24.57% | ▲ 14.26% |
| 1985 | 10.31% | ▼ 29.36% |
| 1984 | 39.67% | ▼ 83.21% |
| 1983 | 122.87% | ▲ 100.58% |
| 1982 | 22.30% | ▼ 94.21% |
| 1981 | 116.50% | ▲ 66.43% |
| 1980 | 50.07% | ▼ 4.37% |
| 1979 | 54.44% | ▼ 18.65% |
| 1978 | 73.09% | ▼ 43.36% |
| 1977 | 116.45% | ▲ 60.37% |
| 1976 | 56.08% | ▲ 26.26% |
| 1975 | 29.82% | ▲ 11.69% |
| 1974 | 18.13% | ▲ 0.45% |
| 1973 | 17.68% | ▲ 7.62% |
| 1972 | 10.07% | ▲ 0.51% |
| 1971 | 9.56% | ▲ 6.53% |
| 1970 | 3.03% | ▼ 4.29% |
| 1969 | 7.32% | ▼ 0.58% |
| 1968 | 7.89% | ▲ 16.32% |
| 1967 | -8.42% | ▼ 21.66% |
| 1966 | 13.24% | ▼ 13.21% |
| 1965 | 26.44% | — |
