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Cost of moneyGhana

Inflation rate in Ghana

How fast are prices rising where I live — or where I might?

Ghana's inflation rate is 14.20 % #115 of 126 countries on the atlas (closer to 2 % is better). Period 2025.

14.20%

Checked 22 Sept 2026Period 2025

Source: Annual CPI inflation (shared satsatlas data engine: World Bank + Eurostat + SSB)

At 14.2 % a year, prices double in about 5 years if it holds.

Inflation rate in Ghana over time

41.51 %21.75 %2.00 %2 % target41.51 % · 20017.14 % · 20192000: 40.24 %2001: 41.51 %2002: 9.36 %2003: 29.77 %2004: 18.04 %2005: 15.44 %2006: 11.68 %2007: 10.73 %2008: 16.49 %2009: 19.25 %2010: 10.73 %2011: 8.73 %2012: 11.19 %2013: 11.67 %2014: 15.49 %2015: 17.15 %2016: 17.45 %2017: 12.37 %2018: 7.81 %2019: 7.14 %2020: 9.89 %2021: 9.97 %2022: 31.26 %2023: 38.11 %2024: 22.85 %2025: 14.20 %20002012202514.20 %
26 official observations, 20002025. Every point is a published value — never interpolated.
Rank
#115 of 126
closer to 2 % is better
Ranked behind
9 %
11 of 126 countries
Latest move
▼ 8.65 pp
since 2024
Below its peak
27.31 pp
peak 41.51 % in 2001
Full series
▼ 26.04 pp
since 2000

In Africa: #17 of 21vs median 3.12 %: +11.08 pp (worse)

The doubling clock

At Ghana's current 14.20 % — prices double in~5 yrsAt the ~2 % target — prices double in~35 yrs
Exact compounding (ln 2 ÷ ln(1 + rate)), not the rule-of-72 shortcut — and an if-it-holds projection, not a forecast: the clock is reset by every new inflation reading. The target line is the context — most central banks aim near 2 %, where prices double about once a working life.

Among 126 countries

22 of 126 countries between -0.30 % and 1.11 %33 of 126 countries between 1.11 % and 2.52 %30 of 126 countries between 2.52 % and 3.93 %13 of 126 countries between 3.93 % and 5.34 %3 of 126 countries between 5.34 % and 6.75 %3 of 126 countries between 6.75 % and 8.16 %5 of 126 countries between 8.16 % and 9.57 %1 of 126 countries between 10.98 % and 12.39 %2 of 126 countries between 12.39 % and 13.80 %4 of 126 countries between 13.80 % and 15.21 %2 of 126 countries between 19.45 % and 20.86 %1 of 126 countries between 20.86 % and 22.27 %1 of 126 countries between 22.27 % and 23.68 %2 of 126 countries between 27.91 % and 29.32 %4 of 126 countries between 32.14 % and 33.55 %median 3.06 %Ghana: ahead of 9 % of the 126 countries with a published inflationGhana 14.20 %-0.30 %33.55 %
Half of all 126 countries sit between 1.66 % and 4.65 %. Ghana is ahead of 9 % of them. Axis trimmed to the 2nd–98th percentile; 5 values beyond it sit in the end bars.

The neighbourhood

#CountryInflationvs Ghana
113 Zambia13.91 %−0.29 pp
114 Egypt14.07 %−0.13 pp
115 Ghana14.20 %
116 Lebanon14.60 %+0.40 pp
117 Bolivia19.52 %+5.32 pp

Annual CPI inflation from official statistics (World Bank, Eurostat, SSB). Ranked and coloured by distance from the ~2 % target most central banks aim for — deflation is not "winning".

How to read this figure

Annual change in the consumer price index — how much more the same basket costs than a year ago. Derived from official index levels (World Bank collection); one number for the whole country, so your personal basket may run hotter or colder. Ranked and coloured by distance from the ~2 % target most central banks aim for: deflation is a warning sign, not a win, so the greenest countries sit NEAR the target — not at the lowest number.

Next, about Ghana

Money's valuePrice levelAverage monthly salary
Inflation rate, all countries ranked →Compare Ghana with another country →Everything about Ghana
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