Subsidies in Ghana
Ghana: Subsidies was 42.19 million GFS, current LCU in 2010. ◆ Volatile
Subsidies in Ghana, 1985–2010
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.
Subsidies in Ghana, year by year
| Year | GFS, current LCU | Change |
|---|---|---|
| 1985 | 0 GFS, current LCU | — |
| 1986 | 0 GFS, current LCU | — |
| 1987 | 0 GFS, current LCU | — |
| 1988 | 0 GFS, current LCU | — |
| 1989 | 0 GFS, current LCU | — |
| 1990 | 18.57 million GFS, current LCU | — |
| 1991 | 18.72 million GFS, current LCU | +0.8% |
| 1992 | 20.20 million GFS, current LCU | +7.9% |
| 1993 | 45.99 million GFS, current LCU | +127.7% |
| 1994 | 28.70 million GFS, current LCU | -37.6% |
| 1995 | 44.54 million GFS, current LCU | +55.2% |
| 1996 | 0 GFS, current LCU | -100.0% |
| 1997 | 48.01 million GFS, current LCU | — |
| 1998 | 42.85 million GFS, current LCU | -10.8% |
| 1999 | 220.72 million GFS, current LCU | +415.1% |
| 2000 | 41.20 million GFS, current LCU | -81.3% |
| 2001 | 214.57 million GFS, current LCU | +420.8% |
| 2002 | 31.81 million GFS, current LCU | -85.2% |
| 2003 | 260.14 million GFS, current LCU | +717.7% |
| 2004 | 41.83 million GFS, current LCU | -83.9% |
| 2005 | 131.13 million GFS, current LCU | +213.5% |
| 2006 | 56.06 million GFS, current LCU | -57.2% |
| 2007 | 31.98 million GFS, current LCU | -43.0% |
| 2008 | 35.26 million GFS, current LCU | +10.3% |
| 2009 | 38.66 million GFS, current LCU | +9.7% |
| 2010 | 42.19 million GFS, current LCU | +9.1% |
Ghana compared with similar countries
- Ghana's 42.19 million GFS, current LCU is below the median for Sub-Saharan Africa, which is 711.79 million GFS, current LCU, 6% of the median. (43 countries reporting)
- Ghana's 42.19 million GFS, current LCU is below the median for lower middle income countries, which is 2.21 billion GFS, current LCU, 2% of the median. (21 countries reporting)
Biggest year-on-year movements
Years where Subsidies in Ghana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +717.7% | 31.81 million GFS, current LCU | 260.14 million GFS, current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More science & technology data for Ghana
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 113.65 (2024)
- Mobile cellular subscriptions by country, per capita 1.14 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0.0005 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 39.13 million (2024)
- Mobile cellular subscriptions by country, per square kilometre 146.72 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate 15.02 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate 17.2 % change on previous year (2024)
- Scientific and technical journal articles 3,270 (2023)
- Scientific and technical journal articles, per capita 0.0001 units per person (2023)
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
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.