Defense expenditure in Ghana

Ghana: Defense expenditure was 288.93 million current LCU in 2010. ◆ Volatile

Latest (2010)
288.93 million current LCU
Change on year
up 10.8%
World rank
21st
of 29 countries
All-time high
288.93 million current LCU
in 2010
All-time low
900,000 current LCU
in 1985
Years of data
26
1985–2010

Defense expenditure in Ghana, 1985–2010

0100.0M200.0M300.0M1985199720101985: 900.0k current LCU1986: 1.5M current LCU1987: 2.3M current LCU1988: 4.0M current LCU1989: 3.1M current LCU1990: 5.1M current LCU1991: 7.7M current LCU1992: 8.8M current LCU1993: 13.3M current LCU1994: 12.0M current LCU1995: 16.6M current LCU1996: 28.7M current LCU1997: 29.3M current LCU1998: 46.2M current LCU1999: 50.7M current LCU2000: 58.3M current LCU2001: 65.7M current LCU2002: 74.1M current LCU2003: 117.2M current LCU2004: 119.6M current LCU2005: 179.3M current LCU2006: 193.7M current LCU2007: 212.3M current LCU2008: 235.0M current LCU2009: 260.8M current LCU2010: 288.9M current LCU

Source: World Bank country economists. Measured in current LCU.

Analysis

Ghana recorded 288.93 million current LCU for defense expenditure in 2010. That is the highest value across all 26 years on record.

That represents a change of up 10.8% on the previous year and up 395.7% over ten years.

Over the whole period, defense expenditure in Ghana peaked at 288.93 million current LCU in 2010 and was at its lowest, 900,000 current LCU, in 1985.

That places Ghana 21st out of 29 countries with data for 2010, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 2.36 million current LCU 900,000 current LCU 3.95 million current LCU 5
1990s 21.83 million current LCU 5.05 million current LCU 50.69 million current LCU 10
2000s 151.61 million current LCU 58.29 million current LCU 260.79 million current LCU 10
2010s 288.93 million current LCU 288.93 million current LCU 288.93 million current LCU 1

Countries ranked near Ghana

  1. 18 Lesotho 1.25 billion current LCU compare
  2. 19 Sudan 932.00 million current LCU compare
  3. 20 Eswatini 391.70 million current LCU compare
  4. 22 Gambia 40.80 million current LCU compare
  5. 23 Cape Verde 663 current LCU compare
  6. 24 Cameroon 210.64 current LCU compare

See the full ranking of 29 places →

More science & technology data for Ghana

All data for Ghana →

Frequently asked questions

What is defense expenditure in Ghana?
Defense expenditure in Ghana was 288.93 million current LCU in 2010, according to World Bank country economists.
What is the highest defense expenditure recorded in Ghana?
The highest recorded value was 288.93 million current LCU in 2010.
What is the lowest defense expenditure recorded in Ghana?
The lowest recorded value was 900,000 current LCU in 1985.
How does Ghana rank for defense expenditure?
Ghana ranks 21st out of 29 countries with data for 2010.
Is defense expenditure rising or falling in Ghana?
Over the last ten years it is up 395.7%. The long-run trend across the full record is volatile.
Where does this Ghana data come from?
The figures come from World Bank country economists, published as part of Defense expenditure (current LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Defense expenditure (current LCU)
Unit
current LCU
Source
World Bank country economists
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
29 places, 425 data points, 1967–2011
Last refreshed

Defense expenditures for NATO countries are based on the NATO definition, which covers military-related expenditures of the defense ministry (including recruiting, training, construction, and the purchase of military supplies and equipment) and other ministries. Civilian-type expenditures of the defense ministry are excluded. Military assistance is included in the expenditures of the donor country, and purchases of military equipment on credit are included at the time the debt is incurred, not at the time of payment. Data for other countries generally cover expenditures of the ministry of defense (excluded are expenditures on public order and safety, which are classified separately). Data are in current local currency.