Ghana — Inflation
Inflation, Consumer Prices (Annual %) for Ghana, 1965–2025.
Latest value · 2025
14.20%
Inflation, Consumer Prices (Annual %) · annual % · -46.3% since 1965
Inflation for Ghana was 14.20% in 2025, according to the latest World Bank data. The series covers 61 years, from 1965 to 2025. The highest recorded value was 122.87% in 1983. The lowest was -8.42% in 1967 (about -1.7× the low point). Across that span the compound annual growth rate works out to -1.03% per year.
Ghana ranks 13 of 187 economies on this measure (1 = highest), putting it in the top 7%. The median for Sub-Saharan Africa is 3.51%, so Ghana sits above it. It peaked in 1983 and has fallen 88% since. Over the last decade (2015–2025) the figure moved down 17%.
Key figures
Latest (2025)
14.20%
First (1965)
26.44%
Change
-46.3%
Highest
122.87%
in 1983
Lowest
-8.42%
in 1967
Average
26.96%
Annual growth (CAGR)
-1.03%
Years of data
61
Recent years
| Year | annual % |
|---|---|
| 2025 | 14.2% |
| 2024 | 22.85% |
| 2023 | 38.11% |
| 2022 | 31.26% |
| 2021 | 9.97% |
| 2020 | 9.89% |
| 2019 | 7.14% |
| 2018 | 7.81% |
| 2017 | 12.37% |
| 2016 | 17.45% |
| 2015 | 17.15% |
| 2014 | 15.49% |
Reading this correctly. Annual percentage change in the cost to the average consumer of acquiring a basket of goods and services. A negative value means deflation. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
FP.CPI.TOTL.ZG — Inflation, Consumer Prices (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.