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Ghana - Inflation Rate 2004

Name: Ghana Inflation Rate 2004
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Consumer price inflation, annual % · World Bank

18.04% −8.58pp from 2003 Global rank: 186th

Ghana's inflation rate was 18.04% in 2004, decreased +8.58pp from 29.77% in 2003. This was the 186th highest globally.

Global Ranking - 2004▾

Inflation Rate by Country - 2004
Rank	Country	Value	YoY
1st	Chad	-5.36%	-205.5%
2nd	Mali	-3.10%	-138.6%
3rd	Libya	-2.20%	-6.8%
4th	Central African Republic	-2.07%	-147.1%
5th	Cabo Verde	-1.89%	-259.2%
6th	Maldives	-1.69%	39.9%
7th	Kosovo	-1.06%	1.9%
8th	Kiribati	-0.74%	-145.3%
9th	South Africa	-0.69%	-111.7%
10th	North Macedonia	-0.45%	-152.4%
11th	Israel	-0.42%	-162.9%
12th	Burkina Faso	-0.40%	-119.6%
13th	Hong Kong SAR, China	-0.27%	89.4%
14th	Japan	-0.01%	96.7%
15th	Finland	0.19%	-85.5%
16th	Cameroon	0.23%	-62.9%
17th	Niger	0.26%	117.8%
18th	Bosnia and Herzegovina	0.28%	-48.4%
19th	Sweden	0.37%	-83.9%
20th	Togo	0.39%	142.3%
21st	Gabon	0.41%	-80.6%
22nd	Norway	0.45%	-81.7%
23rd	Panama	0.47%	718.5%
24th	Senegal	0.51%	1,172.5%
25th	Saudi Arabia	0.52%	7.6%
26th	Oman	0.62%	237.8%
27th	Liechtenstein	0.80%	25.9%
28th	Switzerland	0.80%	26.2%
29th	Brunei Darussalam	0.81%	171.4%
30th	Benin	0.87%	-42.0%
31st	Guinea-Bissau	0.88%	125.4%
32nd	Macao SAR, China	0.98%	162.9%
33rd	Bahamas, The	0.98%	-73.1%
34th	Chile	1.05%	-62.5%
35th	Denmark	1.15%	-41.1%
36th	Lithuania	1.16%	208.1%
37th	Kuwait	1.25%	29.9%
38th	Netherlands	1.26%	-43.2%
39th	Curaçao	1.38%	-15.6%
40th	United Kingdom	1.39%	2.1%
41st	Barbados	1.39%	-10.5%
42nd	Vanuatu	1.42%	-53.0%
43rd	Malaysia	1.42%	32.3%
44th	San Marino	1.43%	7.0%
45th	Côte d'Ivoire	1.46%	-55.8%
46th	St. Lucia	1.46%	41.2%
47th	Morocco	1.49%	33.6%
48th	Singapore	1.66%	241.4%
49th	Germany	1.67%	55.1%
50th	Lebanon	1.67%	31.9%
51st	Canada	1.86%	-32.7%
52nd	Marshall Islands	2.01%	-
53rd	Antigua and Barbuda	2.03%	1.8%
54th	Croatia	2.06%	-14.3%
55th	Austria	2.06%	58.3%
56th	Belgium	2.10%	38.3%
57th	France	2.14%	-1.4%
58th	Papua New Guinea	2.16%	-85.3%
59th	Ireland	2.18%	-45.5%
60th	Italy	2.21%	-21.6%
61st	Luxembourg	2.23%	-12.0%
62nd	Micronesia, Federated States of	2.28%	1,029.3%
63rd	Albania	2.28%	-3.5%
64th	Cyprus	2.29%	-42.5%
65th	European Union	2.29%	9.3%
66th	New Zealand	2.29%	30.6%
67th	Grenada	2.31%	7.3%
68th	St. Kitts and Nevis	2.31%	2.1%
69th	Australia	2.34%	-14.2%
70th	Bahrain	2.35%	40.1%
71st	Portugal	2.37%	-26.9%
72nd	Tuvalu	2.37%	-18.7%
73rd	Dominica	2.39%	64.8%
74th	Congo, Republic of	2.43%	43.8%
75th	Aruba	2.53%	-30.8%
76th	Puerto Rico (US)	2.54%	82.7%
77th	United States	2.68%	16.5%
78th	Ecuador	2.74%	-65.4%
79th	Thailand	2.76%	51.8%
80th	Czechia	2.76%	2,219.4%
81st	Malta	2.79%	44.5%
82nd	Fiji	2.83%	-33.0%
83rd	Nepal	2.84%	-40.1%
84th	Greece	2.90%	-16.0%
85th	Andorra	2.91%	-4.9%
86th	St. Vincent and the Grenadines	2.96%	2,268.0%
87th	West Bank and Gaza	3.00%	-31.8%
88th	Spain	3.04%	-2.1%
89th	Estonia	3.05%	119.8%
90th	Montenegro	3.10%	-58.7%
91st	Djibouti	3.12%	96.4%
92nd	Iceland	3.16%	53.2%
93rd	Timor-Leste	3.24%	-59.6%
94th	Jordan	3.36%	106.6%
95th	Poland	3.38%	360.2%
96th	Eswatini	3.45%	-52.6%
97th	Korea	3.59%	2.2%
98th	Slovenia	3.59%	-35.2%
99th	Tunisia	3.63%	33.5%
100th	Peru	3.66%	62.0%
101st	Uganda	3.72%	-57.3%
102nd	Trinidad and Tobago	3.72%	-1.6%
103rd	India	3.77%	-8.0%
104th	China	3.82%	234.3%
105th	Seychelles	3.86%	16.9%
106th	Algeria	3.96%	-7.0%
107th	Congo, Democratic Republic of	3.99%	-68.8%
108th	Bhutan	4.11%	66.1%
109th	Kyrgyz Republic	4.11%	38.2%
110th	Namibia	4.14%	-42.7%
111th	Equatorial Guinea	4.22%	-42.4%
112th	Cambodia	4.32%	320.6%
113th	Paraguay	4.32%	-69.6%
114th	Argentina	4.42%	-67.2%
115th	Syrian Arab Republic	4.43%	-23.5%
116th	Bolivia, Plurinational State of	4.44%	32.9%
117th	El Salvador	4.45%	109.9%
118th	Comoros	4.47%	20.5%
119th	Myanmar	4.53%	-90.4%
120th	Guyana	4.67%	-21.9%
121st	Mexico	4.69%	3.0%
122nd	Mauritius	4.71%	75.4%
123rd	Tanzania	4.74%	6.9%
124th	Philippines	4.83%	117.2%
125th	Palau	4.96%	667.2%
126th	Lesotho	5.02%	-20.8%
127th	United Arab Emirates	5.04%	61.6%
128th	Georgia	5.66%	18.2%
129th	Turkmenistan	5.89%	5.3%
130th	Colombia	5.90%	-17.1%
131st	Indonesia	6.06%	-10.7%
132nd	Bulgaria	6.15%	161.8%
133rd	Latvia	6.19%	110.6%
134th	Belize	6.39%	144.0%
135th	Brazil	6.60%	-55.2%
136th	Azerbaijan	6.71%	217.1%
137th	Hungary	6.74%	44.6%
138th	Qatar	6.80%	200.9%
139th	Kazakhstan	6.88%	7.9%
140th	Botswana	6.95%	-24.4%
141st	Armenia	6.96%	48.7%
142nd	Solomon Islands	6.99%	-30.7%
143rd	Tajikistan	7.14%	-56.3%
144th	Uzbekistan	7.33%	-41.4%
145th	Pakistan	7.44%	140.0%
146th	Slovak Republic	7.55%	-10.3%
147th	Sri Lanka	7.58%	-15.5%
148th	Guatemala	7.58%	35.3%
149th	Bangladesh	7.59%	95.5%
150th	Viet Nam	7.75%	149.4%
151st	Liberia	7.83%	-24.2%
152nd	Honduras	8.11%	5.8%
153rd	Burundi	8.18%	-23.2%
154th	Mongolia	8.24%	59.4%
155th	Nicaragua	8.47%	59.8%
156th	Türkiye	8.60%	-66.1%
157th	Ukraine	9.05%	73.7%
158th	Uruguay	9.16%	-52.7%
159th	Sudan	9.66%	48.8%
160th	Suriname	9.99%	-56.6%
161st	Mauritania	10.37%	101.2%
162nd	Lao PDR	10.46%	-32.5%
163rd	Russian Federation	10.89%	-20.3%
164th	Tonga	10.97%	2.9%
165th	Serbia	11.03%	280.1%
166th	Egypt, Arab Republic of	11.27%	230.3%
167th	Malawi	11.43%	19.3%
168th	Kenya	11.62%	18.6%
169th	Romania	11.87%	-22.7%
170th	Rwanda	12.25%	64.5%
171st	Costa Rica	12.31%	30.3%
172nd	Yemen, Republic of	12.52%	15.5%
173rd	Moldova	12.52%	7.3%
174th	Mozambique	12.63%	-6.1%
175th	Sierra Leone	12.92%	223.8%
176th	São Tomé and Principe	13.29%	35.7%
177th	Jamaica	13.55%	33.8%
178th	Madagascar	13.96%	919.0%
179th	Gambia, The	14.21%	-16.6%
180th	Iran, Islamic Republic of	14.76%	-5.2%
181st	Nigeria	15.00%	6.9%
182nd	Samoa	16.31%	273.6%
183rd	Afghanistan	16.36%	-54.1%
184th	Guinea	17.46%	58.2%
185th	Zambia	17.97%	-16.0%
186th	Ghana	18.04%	-32.2%
187th	Belarus	18.11%	-36.2%
188th	Haiti	21.03%	-5.4%
189th	Eritrea	25.11%	10.8%
190th	Iraq	26.96%	-19.8%
191st	Angola	43.54%	-55.7%
192nd	Dominican Republic	51.46%	87.5%
193rd	Zimbabwe	113.57%	1,426.0%

FAQ

What was Ghana's inflation rate in 2004?▾

Ghana's inflation rate in 2004 was 18.04%. This ranked 186th globally.

How did Ghana's inflation rate change in 2004?▾

Ghana's inflation rate decreased by 32.2% in 2004 compared to 2003.

Which country had the highest inflation rate in 2004?▾

Zimbabwe had the highest inflation rate in 2004 at 113.57%.

What is the inflation rate of Ghana in 2004?▾

The inflation rate of Ghana in 2004 was 18.04%. This ranked 186th globally.

How does 2004 compare to 2003 for Ghana's inflation rate?▾

Ghana's inflation rate went from 29.77% in 2003 to 18.04% in 2004, a 32.2% decrease.

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