Ghana - Inflation Rate 1994
24.87%
−0.07pp from 1993
Ghana's inflation rate was 24.87% in 1994, decreased +0.07pp from 24.96% in 1993. This was the 121st highest globally.
Global Ranking - 1994▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Zimbabwe | -2.76% | -834.3% |
| 2nd | Oman | -0.66% | -157.7% |
| 3rd | Dominica | 0.02% | -99.0% |
| 4th | Barbados | 0.08% | -93.5% |
| 5th | Canada | 0.17% | -91.1% |
| 6th | Saudi Arabia | 0.56% | -54.5% |
| 7th | Japan | 0.70% | -44.6% |
| 8th | Fiji | 0.82% | -84.3% |
| 9th | Bahrain | 0.82% | -68.6% |
| 10th | Switzerland | 0.85% | -74.1% |
| 11th | St. Vincent and the Grenadines | 1.01% | -76.3% |
| 12th | Tonga | 1.01% | -44.0% |
| 13th | Finland | 1.09% | -67.3% |
| 14th | Panama | 1.27% | 165.4% |
| 15th | Qatar | 1.32% | 289.1% |
| 16th | Norway | 1.38% | -39.9% |
| 17th | Bahamas, The | 1.40% | -49.1% |
| 18th | Puerto Rico (US) | 1.44% | 48.7% |
| 19th | St. Kitts and Nevis | 1.44% | -19.5% |
| 20th | Iceland | 1.55% | -62.0% |
| 21st | France | 1.66% | -25.9% |
| 22nd | Gambia, The | 1.71% | -73.6% |
| 23rd | Seychelles | 1.74% | 617.0% |
| 24th | New Zealand | 1.75% | 35.5% |
| 25th | Australia | 1.97% | 12.4% |
| 26th | Denmark | 1.99% | 128.4% |
| 27th | Sweden | 2.16% | -54.0% |
| 28th | Luxembourg | 2.19% | -39.0% |
| 29th | United Kingdom | 2.22% | -12.4% |
| 30th | Vanuatu | 2.30% | -35.4% |
| 31st | Ireland | 2.31% | 62.8% |
| 32nd | Belgium | 2.38% | -4.4% |
| 33rd | Brunei Darussalam | 2.46% | -42.1% |
| 34th | Kuwait | 2.53% | 562.5% |
| 35th | Belize | 2.57% | 74.4% |
| 36th | United States | 2.61% | -12.2% |
| 37th | Germany | 2.69% | -39.8% |
| 38th | Netherlands | 2.80% | 70.6% |
| 39th | St. Lucia | 2.82% | 263.3% |
| 40th | Papua New Guinea | 2.85% | -42.7% |
| 41st | Austria | 2.95% | -8.7% |
| 42nd | Singapore | 3.10% | 35.3% |
| 43rd | Maldives | 3.39% | -83.2% |
| 44th | Cabo Verde | 3.45% | -40.8% |
| 45th | Jordan | 3.52% | 6.4% |
| 46th | Nicaragua | 3.70% | -72.6% |
| 47th | Malaysia | 3.72% | 5.0% |
| 48th | Grenada | 3.77% | 34.2% |
| 49th | Kiribati | 4.00% | -34.5% |
| 50th | Italy | 4.05% | -9.9% |
| 51st | Mauritania | 4.13% | -55.9% |
| 52nd | Malta | 4.13% | 2.5% |
| 53rd | Guinea | 4.22% | -40.9% |
| 54th | Cyprus | 4.70% | -3.9% |
| 55th | Spain | 4.72% | 3.3% |
| 56th | European Union | 4.72% | -2.8% |
| 57th | Tunisia | 4.73% | 17.2% |
| 58th | Thailand | 5.05% | 49.3% |
| 59th | Libya | 5.11% | -31.6% |
| 60th | Morocco | 5.14% | -3.0% |
| 61st | Bangladesh | 5.31% | 61.2% |
| 62nd | Portugal | 5.42% | -8.6% |
| 63rd | United Arab Emirates | 5.70% | 8.1% |
| 64th | Macao SAR, China | 6.25% | -6.8% |
| 65th | Korea | 6.27% | 30.5% |
| 66th | Aruba | 6.31% | 20.9% |
| 67th | Antigua and Barbuda | 6.49% | 109.2% |
| 68th | Djibouti | 6.51% | 46.6% |
| 69th | Lao PDR | 6.78% | 20.1% |
| 70th | Mexico | 6.97% | -28.7% |
| 71st | Bhutan | 7.01% | -26.9% |
| 72nd | Mauritius | 7.32% | -52.1% |
| 73rd | Bolivia, Plurinational State of | 7.87% | -7.6% |
| 74th | Egypt, Arab Republic of | 8.15% | -26.2% |
| 75th | Lesotho | 8.21% | -23.1% |
| 76th | Lebanon | 8.24% | -66.7% |
| 77th | Dominican Republic | 8.26% | 57.3% |
| 78th | Nepal | 8.35% | -5.9% |
| 79th | Sri Lanka | 8.45% | -28.1% |
| 80th | Indonesia | 8.53% | -11.7% |
| 81st | Hong Kong SAR, China | 8.74% | -0.7% |
| 82nd | Trinidad and Tobago | 8.81% | -18.3% |
| 83rd | South Africa | 8.94% | -7.4% |
| 84th | Uganda | 10.04% | -66.5% |
| 85th | Czechia | 10.04% | -51.8% |
| 86th | India | 10.25% | 40.7% |
| 87th | Viet Nam | 10.38% | 23.9% |
| 88th | Philippines | 10.39% | 53.7% |
| 89th | Cambodia | 10.44% | -90.9% |
| 90th | Botswana | 10.54% | -26.8% |
| 91st | El Salvador | 10.59% | -42.8% |
| 92nd | Guatemala | 10.86% | -18.8% |
| 93rd | Greece | 10.87% | -24.5% |
| 94th | Chile | 11.44% | -10.1% |
| 95th | Namibia | 12.06% | 29.2% |
| 96th | Samoa | 12.08% | 606.9% |
| 97th | Israel | 12.25% | 12.0% |
| 98th | Pakistan | 12.37% | 25.8% |
| 99th | Guyana | 12.40% | 47.6% |
| 100th | Eritrea | 13.15% | 174.6% |
| 101st | Solomon Islands | 13.26% | 44.1% |
| 102nd | Slovak Republic | 13.42% | -42.4% |
| 103rd | Costa Rica | 13.53% | 38.4% |
| 104th | Eswatini | 13.77% | 14.5% |
| 105th | Burundi | 14.85% | 53.9% |
| 106th | Guinea-Bissau | 15.18% | -68.5% |
| 107th | Syrian Arab Republic | 15.33% | 16.1% |
| 108th | Hungary | 18.87% | -16.0% |
| 109th | Paraguay | 20.57% | 11.9% |
| 110th | Slovenia | 20.99% | -34.3% |
| 111th | Rwanda | 21.00% | 68.4% |
| 112th | Honduras | 21.73% | 101.7% |
| 113th | Albania | 22.57% | -73.5% |
| 114th | Colombia | 22.85% | 1.8% |
| 115th | Mali | 23.18% | 4,180.4% |
| 116th | Peru | 23.74% | -51.1% |
| 117th | Myanmar | 24.10% | -24.3% |
| 118th | Sierra Leone | 24.20% | 9.0% |
| 119th | China | 24.26% | 66.2% |
| 120th | Central African Republic | 24.57% | 944.7% |
| 121st | Ghana | 24.87% | -0.3% |
| 122nd | Burkina Faso | 25.18% | 4,000.6% |
| 123rd | Comoros | 25.30% | 1,165.0% |
| 124th | Côte d'Ivoire | 26.08% | 1,124.5% |
| 125th | Ecuador | 27.31% | -39.3% |
| 126th | Kenya | 28.81% | -37.3% |
| 127th | Algeria | 29.05% | 41.7% |
| 128th | Iran, Islamic Republic of | 31.45% | 39.9% |
| 129th | Equatorial Guinea | 31.84% | 484.0% |
| 130th | Senegal | 32.29% | 4,440.5% |
| 131st | Poland | 32.99% | -6.5% |
| 132nd | Tanzania | 34.08% | 30.6% |
| 133rd | Malawi | 34.65% | 52.1% |
| 134th | Jamaica | 35.06% | 62.1% |
| 135th | Cameroon | 35.09% | 1,043.4% |
| 136th | Latvia | 35.92% | -67.1% |
| 137th | Niger | 36.04% | 11,155.5% |
| 138th | Gabon | 36.12% | 6,663.3% |
| 139th | Benin | 38.53% | 8,558.6% |
| 140th | Madagascar | 38.94% | 289.8% |
| 141st | Togo | 39.16% | 44,103.1% |
| 142nd | Haiti | 39.33% | 74.4% |
| 143rd | Chad | 41.72% | 483.7% |
| 144th | Congo, Republic of | 42.44% | 1,135.1% |
| 145th | Uruguay | 44.74% | -17.3% |
| 146th | Estonia | 47.65% | -46.9% |
| 147th | Yemen, Republic of | 49.39% | -20.0% |
| 148th | São Tomé and Principe | 51.16% | 100.6% |
| 149th | Zambia | 54.60% | -65.5% |
| 150th | Nigeria | 57.03% | -0.2% |
| 151st | Mozambique | 63.12% | 49.4% |
| 152nd | Lithuania | 72.25% | -82.4% |
| 153rd | Mongolia | 87.58% | -67.4% |
| 154th | Bulgaria | 96.06% | 31.9% |
| 155th | Türkiye | 105.21% | 59.2% |
| 156th | Croatia | 107.33% | -92.9% |
| 157th | Sudan | 115.40% | 13.9% |
| 158th | North Macedonia | 126.58% | -62.6% |
| 159th | Romania | 136.76% | -46.6% |
| 160th | Kyrgyz Republic | 180.68% | -83.4% |
| 161st | Russian Federation | 307.72% | -64.8% |
| 162nd | Tajikistan | 350.36% | -86.5% |
| 163rd | Suriname | 368.48% | 364.9% |
| 164th | Iraq | 448.50% | 115.9% |
| 165th | Moldova | 486.43% | -38.3% |
| 166th | Ukraine | 891.19% | -81.2% |
| 167th | Angola | 949.79% | -31.1% |
| 168th | Uzbekistan | 1,568.33% | 193.6% |
| 169th | Azerbaijan | 1,662.22% | 47.1% |
| 170th | Turkmenistan | 1,748.30% | -43.6% |
| 171st | Kazakhstan | 1,877.37% | 12.9% |
| 172nd | Brazil | 2,075.89% | 7.7% |
| 173rd | Belarus | 2,221.02% | 86.6% |
| 174th | Armenia | 3,373.76% | -9.6% |
| 175th | Congo, Democratic Republic of | 23,773.13% | 1,096.5% |
FAQ
What was Ghana's inflation rate in 1994?▾
Ghana's inflation rate in 1994 was 24.87%. This ranked 121st globally.
How did Ghana's inflation rate change in 1994?▾
Ghana's inflation rate decreased by 0.3% in 1994 compared to 1993.
Which country had the highest inflation rate in 1994?▾
Congo, Democratic Republic of had the highest inflation rate in 1994 at 23,773.13%.
What is the inflation rate of Ghana in 1994?▾
The inflation rate of Ghana in 1994 was 24.87%. This ranked 121st globally.
How does 1994 compare to 1993 for Ghana's inflation rate?▾
Ghana's inflation rate went from 24.96% in 1993 to 24.87% in 1994, a 0.3% decrease.
Related
1993
1995
All years
Full ranking 1994
Consumer Price Index
PPP Conversion Factor
Peak: 1983
Lowest: 1967
Inflation Rate 1990s
Inflation Rate 2000s
Inflation Rate 2010s
Inflation Rate 2020s
Highest ever
Lowest ever
Average
vs Egypt, Arab Republic of
vs Vanuatu
vs Zimbabwe
vs Côte d'Ivoire
African Union Inflation Rate
Global Ranking