Ghana - Inflation Rate 1988
31.36%
−8.40pp from 1987
Ghana's inflation rate was 31.36% in 1988, decreased +8.40pp from 39.82% in 1987. This was the 125th highest globally.
Global Ranking - 1988▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Gabon | -8.78% | -777.6% |
| 2nd | Central African Republic | -3.96% | 43.3% |
| 3rd | Senegal | -1.83% | 55.8% |
| 4th | Niger | -1.39% | 79.0% |
| 5th | Zimbabwe | -1.06% | -108.3% |
| 6th | Togo | -0.15% | -379.5% |
| 7th | St. Vincent and the Grenadines | 0.23% | -92.3% |
| 8th | St. Kitts and Nevis | 0.23% | -75.2% |
| 9th | Comoros | 0.29% | -91.2% |
| 10th | Bahrain | 0.30% | 117.8% |
| 11th | Panama | 0.36% | -63.9% |
| 12th | Japan | 0.68% | 434.3% |
| 13th | Netherlands | 0.74% | 173.8% |
| 14th | St. Lucia | 0.83% | -88.2% |
| 15th | Saudi Arabia | 0.91% | 137.9% |
| 16th | Malta | 0.94% | 125.6% |
| 17th | Congo, Republic of | 1.03% | -70.9% |
| 18th | Kiribati | 1.14% | 111.1% |
| 19th | Belgium | 1.16% | -25.3% |
| 20th | Brunei Darussalam | 1.19% | -4.3% |
| 21st | Germany | 1.27% | 426.5% |
| 22nd | Mauritania | 1.32% | -83.8% |
| 23rd | Luxembourg | 1.44% | 1,536.6% |
| 24th | Kuwait | 1.47% | 124.2% |
| 25th | Singapore | 1.52% | 215.4% |
| 26th | Oman | 1.59% | -38.0% |
| 27th | Cameroon | 1.68% | -39.8% |
| 28th | Angola | 1.83% | 0.0% |
| 29th | Seychelles | 1.84% | -18.0% |
| 30th | Switzerland | 1.87% | 30.5% |
| 31st | Austria | 1.92% | 36.1% |
| 32nd | Ireland | 2.13% | -32.3% |
| 33rd | Morocco | 2.37% | -12.2% |
| 34th | Bulgaria | 2.37% | -12.2% |
| 35th | Equatorial Guinea | 2.52% | 119.2% |
| 36th | Malaysia | 2.56% | 246.9% |
| 37th | Puerto Rico (US) | 2.58% | 24.0% |
| 38th | Romania | 2.60% | 136.4% |
| 39th | France | 2.70% | -17.9% |
| 40th | Dominica | 2.92% | -39.3% |
| 41st | Rwanda | 2.98% | -28.2% |
| 42nd | Aruba | 3.12% | -14.2% |
| 43rd | Belize | 3.14% | 55.3% |
| 44th | Cyprus | 3.43% | 28.0% |
| 45th | Benin | 3.45% | 357.3% |
| 46th | Thailand | 3.86% | 50.5% |
| 47th | Grenada | 4.00% | 558.7% |
| 48th | Canada | 4.03% | -7.7% |
| 49th | Cabo Verde | 4.07% | 8.6% |
| 50th | United States | 4.08% | 14.0% |
| 51st | Haiti | 4.11% | 135.9% |
| 52nd | United Kingdom | 4.16% | 2.2% |
| 53rd | Burkina Faso | 4.26% | 249.3% |
| 54th | Bahamas, The | 4.40% | -26.6% |
| 55th | Burundi | 4.49% | -36.4% |
| 56th | Honduras | 4.49% | 80.6% |
| 57th | Denmark | 4.54% | 14.0% |
| 58th | European Union | 4.54% | 12.8% |
| 59th | Qatar | 4.60% | 2.5% |
| 60th | Spain | 4.84% | -7.8% |
| 61st | Barbados | 4.86% | 36.2% |
| 62nd | United Arab Emirates | 5.00% | -9.1% |
| 63rd | Italy | 5.06% | 7.2% |
| 64th | Finland | 5.09% | 24.6% |
| 65th | Papua New Guinea | 5.45% | 63.2% |
| 66th | Sweden | 5.82% | 38.0% |
| 67th | Algeria | 5.91% | 0.9% |
| 68th | Libya | 6.09% | 37.6% |
| 69th | New Zealand | 6.38% | -59.6% |
| 70th | Maldives | 6.46% | -44.8% |
| 71st | Jordan | 6.61% | 3,249.2% |
| 72nd | Norway | 6.68% | -23.4% |
| 73rd | Antigua and Barbuda | 6.80% | 88.8% |
| 74th | Côte d'Ivoire | 6.93% | -0.7% |
| 75th | Korea | 7.15% | 134.5% |
| 76th | Tunisia | 7.20% | -12.5% |
| 77th | Australia | 7.22% | -15.4% |
| 78th | Suriname | 7.31% | -86.3% |
| 79th | Bangladesh | 7.41% | -29.5% |
| 80th | Trinidad and Tobago | 7.76% | -27.8% |
| 81st | Hong Kong SAR, China | 7.89% | 39.1% |
| 82nd | Indonesia | 8.05% | -13.0% |
| 83rd | Jamaica | 8.27% | -26.2% |
| 84th | Botswana | 8.35% | -14.8% |
| 85th | Samoa | 8.51% | -23.8% |
| 86th | Vanuatu | 8.76% | -45.4% |
| 87th | Pakistan | 8.84% | 88.4% |
| 88th | Mali | 8.95% | 159.9% |
| 89th | Nepal | 8.98% | -32.4% |
| 90th | Mauritius | 9.16% | 1,173.9% |
| 91st | India | 9.38% | 3.6% |
| 92nd | Tonga | 9.92% | 28.9% |
| 93rd | Bhutan | 10.10% | 43.3% |
| 94th | Portugal | 10.10% | 7.4% |
| 95th | Guatemala | 10.83% | -0.1% |
| 96th | Lesotho | 11.46% | -4.8% |
| 97th | Gambia, The | 11.69% | -50.7% |
| 98th | Fiji | 11.76% | 107.6% |
| 99th | Kenya | 12.26% | 42.0% |
| 100th | South Africa | 12.78% | -22.1% |
| 101st | Greece | 13.53% | -17.5% |
| 102nd | Philippines | 13.86% | 355.6% |
| 103rd | Sri Lanka | 13.99% | 81.3% |
| 104th | Chile | 14.68% | -26.1% |
| 105th | Lao PDR | 14.80% | 142.1% |
| 106th | Chad | 15.48% | 666.9% |
| 107th | Hungary | 15.72% | 81.1% |
| 108th | Bolivia, Plurinational State of | 16.00% | 9.8% |
| 109th | Myanmar | 16.04% | -35.2% |
| 110th | Israel | 16.38% | -17.5% |
| 111th | Solomon Islands | 16.74% | 45.6% |
| 112th | Egypt, Arab Republic of | 17.66% | -29.9% |
| 113th | China | 18.81% | 157.7% |
| 114th | El Salvador | 19.76% | -20.5% |
| 115th | Eswatini | 20.39% | 52.5% |
| 116th | Costa Rica | 20.83% | 24.0% |
| 117th | Paraguay | 22.59% | 4.3% |
| 118th | Cambodia | 23.00% | 173.6% |
| 119th | Iceland | 25.73% | 37.1% |
| 120th | Madagascar | 26.85% | 73.7% |
| 121st | Guinea | 27.29% | -26.0% |
| 122nd | Colombia | 28.11% | 20.5% |
| 123rd | Iran, Islamic Republic of | 28.67% | 3.5% |
| 124th | Tanzania | 31.19% | 4.3% |
| 125th | Ghana | 31.36% | -21.1% |
| 126th | Malawi | 33.91% | 35.4% |
| 127th | Sierra Leone | 34.29% | -80.8% |
| 128th | Syrian Arab Republic | 34.56% | -51.6% |
| 129th | Guyana | 39.90% | 39.0% |
| 130th | Dominican Republic | 43.86% | 223.7% |
| 131st | São Tomé and Principe | 44.28% | 77.1% |
| 132nd | Zambia | 51.00% | 18.5% |
| 133rd | Nigeria | 54.51% | 382.8% |
| 134th | Ecuador | 58.22% | 97.3% |
| 135th | Mozambique | 58.51% | -64.3% |
| 136th | Poland | 58.72% | 132.7% |
| 137th | Guinea-Bissau | 60.28% | -30.5% |
| 138th | Uruguay | 62.19% | -2.2% |
| 139th | Sudan | 64.70% | 144.0% |
| 140th | Türkiye | 68.81% | 77.1% |
| 141st | Congo, Democratic Republic of | 71.09% | -21.3% |
| 142nd | Mexico | 114.16% | -13.5% |
| 143rd | Lebanon | 155.00% | -68.2% |
| 144th | Uganda | 166.70% | -22.6% |
| 145th | Croatia | 185.71% | 39.3% |
| 146th | Slovenia | 198.75% | 50.5% |
| 147th | Viet Nam | 374.35% | 3.9% |
| 148th | Brazil | 629.11% | 175.5% |
| 149th | Peru | 667.02% | 677.0% |
| 150th | Nicaragua | 4,775.20% | -63.6% |
FAQ
What was Ghana's inflation rate in 1988?▾
Ghana's inflation rate in 1988 was 31.36%. This ranked 125th globally.
How did Ghana's inflation rate change in 1988?▾
Ghana's inflation rate decreased by 21.1% in 1988 compared to 1987.
Which country had the highest inflation rate in 1988?▾
Nicaragua had the highest inflation rate in 1988 at 4,775.20%.
What is the inflation rate of Ghana in 1988?▾
The inflation rate of Ghana in 1988 was 31.36%. This ranked 125th globally.
How does 1988 compare to 1987 for Ghana's inflation rate?▾
Ghana's inflation rate went from 39.82% in 1987 to 31.36% in 1988, a 21.1% decrease.
Related
1987
1989
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Full ranking 1988
Consumer Price Index
PPP Conversion Factor
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Lowest: 1967
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African Union Inflation Rate
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