Subsidies in Ghana

Ghana: Subsidies was 42.19 million GFS, current LCU in 2010. ◆ Volatile

Latest (2010)
42.19 million GFS, current LCU
Change on year
up 9.1%
World rank
27th
of 47 countries
All-time high
260.14 million GFS, current LCU
in 2003
All-time low
0 GFS, current LCU
in 1985
Years of data
26
1985–2010

Subsidies in Ghana, 1985–2010

0100.0M200.0M300.0M1985199720101985: 0 GFS, current LCU1986: 0 GFS, current LCU1987: 0 GFS, current LCU1988: 0 GFS, current LCU1989: 0 GFS, current LCU1990: 18.6M GFS, current LCU1991: 18.7M GFS, current LCU1992: 20.2M GFS, current LCU1993: 46.0M GFS, current LCU1994: 28.7M GFS, current LCU1995: 44.5M GFS, current LCU1996: 0 GFS, current LCU1997: 48.0M GFS, current LCU1998: 42.8M GFS, current LCU1999: 220.7M GFS, current LCU2000: 41.2M GFS, current LCU2001: 214.6M GFS, current LCU2002: 31.8M GFS, current LCU2003: 260.1M GFS, current LCU2004: 41.8M GFS, current LCU2005: 131.1M GFS, current LCU2006: 56.1M GFS, current LCU2007: 32.0M GFS, current LCU2008: 35.3M GFS, current LCU2009: 38.7M GFS, current LCU2010: 42.2M GFS, current LCU

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

Analysis

In 2010, subsidies in Ghana stood at 42.19 million GFS, current LCU.

The figure is up 9.1% on the previous year and up 2.4% over ten years.

Over the whole period, subsidies in Ghana peaked at 260.14 million GFS, current LCU in 2003 and was at its lowest, 0 GFS, current LCU, in 1985.

Ghana ranks 27th of 47 countries on this measure, 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 0 GFS, current LCU 0 GFS, current LCU 0 GFS, current LCU 5
1990s 48.83 million GFS, current LCU 0 GFS, current LCU 220.72 million GFS, current LCU 10
2000s 88.26 million GFS, current LCU 31.81 million GFS, current LCU 260.14 million GFS, current LCU 10
2010s 42.19 million GFS, current LCU 42.19 million GFS, current LCU 42.19 million GFS, current LCU 1

Countries ranked near Ghana

  1. 24 Liberia 1.16 billion GFS, current LCU compare
  2. 25 Eritrea 931.00 million GFS, current LCU compare
  3. 26 Sudan 711.79 million GFS, current LCU compare
  4. 28 Cape Verde 905.96 GFS, current LCU compare
  5. 29 Sao Tome and Principe 10 GFS, current LCU compare
  6. 30 Mali 4 GFS, current LCU compare

See the full ranking of 47 places →

More science & technology data for Ghana

All data for Ghana →

Frequently asked questions

What is subsidies in Ghana?
Subsidies in Ghana was 42.19 million GFS, current LCU in 2010, according to World Bank country economists.
What is the highest subsidies recorded in Ghana?
The highest recorded value was 260.14 million GFS, current LCU in 2003.
What is the lowest subsidies recorded in Ghana?
The lowest recorded value was 0 GFS, current LCU in 1985.
How does Ghana rank for subsidies?
Ghana ranks 27th out of 47 countries with data for 2010.
Is subsidies rising or falling in Ghana?
Over the last ten years it is up 2.4%. 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 Subsidies (GFS, 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
Subsidies (GFS, current LCU)
Unit
GFS, current LCU
Source
World Bank country economists
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
47 places, 1,211 data points, 1966–2011
Last refreshed

Subsidies are current unrequited payments that government units make to enterprises, resident producers and importers. Subsidies may be designed to influence enterprises level or type of production, or the prices at which the products are sold. (Capital grants are in the national accounts classified as capital transfers.) Subsidies consists of ‘subsidies on products’, subsidies payable per unit of a good or a service, and ‘other subsidies on production’, which cover all other subsidies enterprises receives as a consequence of engaging in production. Data are in current local currency.