Ghana - Inflation Rate 2008
16.49%
+5.77pp from 2007
Ghana's inflation rate was 16.49% in 2008, increased +5.77pp from 10.73% in 2007. This was the 168th highest globally.
Global Ranking - 2008▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Sint Maarten (Dutch part) | -0.42% | -109.4% |
| 2nd | Nauru | 1.04% | -81.5% |
| 3rd | Japan | 1.38% | 2,900.2% |
| 4th | Comoros | 1.70% | -62.1% |
| 5th | Brunei Darussalam | 2.08% | 115.4% |
| 6th | Canada | 2.37% | 10.9% |
| 7th | Switzerland | 2.43% | 230.1% |
| 8th | Liechtenstein | 2.43% | 230.3% |
| 9th | Netherlands | 2.49% | 56.6% |
| 10th | Portugal | 2.59% | 6.9% |
| 11th | Germany | 2.63% | 15.7% |
| 12th | France | 2.81% | 75.3% |
| 13th | Austria | 3.22% | 46.2% |
| 14th | Albania | 3.32% | 12.2% |
| 15th | Italy | 3.35% | 65.3% |
| 16th | Luxembourg | 3.40% | 28.1% |
| 17th | Denmark | 3.42% | 106.2% |
| 18th | Sweden | 3.44% | 104.7% |
| 19th | United Kingdom | 3.52% | 51.6% |
| 20th | Bahrain | 3.53% | 8.4% |
| 21st | Morocco | 3.71% | 88.4% |
| 22nd | Norway | 3.75% | 426.5% |
| 23rd | United States | 3.84% | 33.7% |
| 24th | New Zealand | 3.96% | 66.6% |
| 25th | Ireland | 4.04% | 39.7% |
| 26th | Finland | 4.07% | 156.9% |
| 27th | Spain | 4.08% | 43.3% |
| 28th | Greece | 4.15% | 38.9% |
| 29th | Poland | 4.16% | 68.5% |
| 30th | European Union | 4.16% | 65.9% |
| 31st | Malta | 4.26% | 511.0% |
| 32nd | San Marino | 4.29% | 73.5% |
| 33rd | Hong Kong SAR, China | 4.30% | 111.5% |
| 34th | Tunisia | 4.35% | 27.0% |
| 35th | Andorra | 4.35% | 63.5% |
| 36th | Australia | 4.35% | 84.6% |
| 37th | Gambia, The | 4.44% | -17.3% |
| 38th | Belgium | 4.49% | 146.8% |
| 39th | Bahamas, The | 4.49% | 86.5% |
| 40th | Israel | 4.53% | 777.4% |
| 41st | Slovak Republic | 4.60% | 142.0% |
| 42nd | Cyprus | 4.67% | 115.8% |
| 43rd | Korea | 4.67% | 84.4% |
| 44th | Vanuatu | 4.84% | 23.0% |
| 45th | Algeria | 4.86% | 32.1% |
| 46th | Congo, Republic of | 4.96% | 91.1% |
| 47th | Mexico | 5.12% | 29.1% |
| 48th | Puerto Rico (US) | 5.21% | 23.2% |
| 49th | Gabon | 5.26% | 4.7% |
| 50th | St. Kitts and Nevis | 5.30% | 18.3% |
| 51st | Antigua and Barbuda | 5.33% | 276.7% |
| 52nd | Cameroon | 5.34% | 374.5% |
| 53rd | Malaysia | 5.44% | 168.4% |
| 54th | Thailand | 5.47% | 152.8% |
| 55th | St. Lucia | 5.55% | 96.6% |
| 56th | Slovenia | 5.65% | 54.4% |
| 57th | Brazil | 5.68% | 56.0% |
| 58th | Peru | 5.79% | 225.2% |
| 59th | China | 5.93% | 24.8% |
| 60th | Hungary | 6.04% | -24.0% |
| 61st | Croatia | 6.08% | 128.5% |
| 62nd | Côte d'Ivoire | 6.31% | 232.7% |
| 63rd | Czechia | 6.36% | 122.9% |
| 64th | Dominica | 6.36% | 96.4% |
| 65th | Belize | 6.39% | 175.9% |
| 66th | Equatorial Guinea | 6.55% | 134.2% |
| 67th | Singapore | 6.64% | 214.5% |
| 68th | El Salvador | 6.71% | 46.5% |
| 69th | Cabo Verde | 6.77% | 54.0% |
| 70th | Curaçao | 6.88% | 129.5% |
| 71st | Colombia | 7.00% | 26.2% |
| 72nd | Mauritania | 7.35% | 1.3% |
| 73rd | Senegal | 7.35% | 25.3% |
| 74th | Bosnia and Herzegovina | 7.43% | 394.8% |
| 75th | Lao PDR | 7.63% | 63.6% |
| 76th | Fiji | 7.73% | 60.7% |
| 77th | Romania | 7.85% | 62.4% |
| 78th | Uruguay | 7.88% | -2.9% |
| 79th | Benin | 7.95% | 514.2% |
| 80th | Grenada | 8.03% | 108.2% |
| 81st | Guyana | 8.10% | -33.6% |
| 82nd | Barbados | 8.11% | 101.1% |
| 83rd | Sierra Leone | 8.21% | -51.6% |
| 84th | Philippines | 8.26% | 183.5% |
| 85th | Bhutan | 8.33% | 58.7% |
| 86th | North Macedonia | 8.33% | 270.1% |
| 87th | India | 8.35% | 41.1% |
| 88th | Ecuador | 8.40% | 269.1% |
| 89th | Micronesia, Federated States of | 8.42% | 131.5% |
| 90th | Argentina | 8.59% | -2.8% |
| 91st | Macao SAR, China | 8.61% | 54.7% |
| 92nd | Togo | 8.69% | 819.1% |
| 93rd | Malawi | 8.71% | 9.7% |
| 94th | Chile | 8.72% | 97.7% |
| 95th | Panama | 8.76% | 110.1% |
| 96th | Montenegro | 8.76% | 160.3% |
| 97th | Bangladesh | 8.90% | 23.6% |
| 98th | Armenia | 8.95% | 103.0% |
| 99th | Aruba | 8.96% | 66.2% |
| 100th | Timor-Leste | 9.06% | 4.9% |
| 101st | Namibia | 9.09% | 38.9% |
| 102nd | Mali | 9.17% | 548.6% |
| 103rd | Central African Republic | 9.26% | 967.9% |
| 104th | Madagascar | 9.30% | -9.6% |
| 105th | Kosovo | 9.35% | 114.5% |
| 106th | Mauritius | 9.73% | 10.3% |
| 107th | Saudi Arabia | 9.87% | 98.4% |
| 108th | West Bank and Gaza | 9.89% | 432.3% |
| 109th | Nepal | 9.91% | 59.7% |
| 110th | South Africa | 9.91% | 39.0% |
| 111th | Georgia | 10.00% | 8.2% |
| 112th | St. Vincent and the Grenadines | 10.07% | 43.9% |
| 113th | Paraguay | 10.15% | 24.7% |
| 114th | Indonesia | 10.23% | 61.8% |
| 115th | Tanzania | 10.28% | 46.2% |
| 116th | Chad | 10.30% | 238.4% |
| 117th | Libya | 10.36% | 66.8% |
| 118th | Estonia | 10.36% | 53.6% |
| 119th | Tuvalu | 10.44% | 357.0% |
| 120th | Türkiye | 10.44% | 19.3% |
| 121st | Tonga | 10.45% | 107.3% |
| 122nd | Guinea-Bissau | 10.46% | 126.1% |
| 123rd | Kuwait | 10.58% | 92.9% |
| 124th | Dominican Republic | 10.64% | 73.3% |
| 125th | Burkina Faso | 10.66% | 4,675.0% |
| 126th | Lebanon | 10.70% | 163.6% |
| 127th | Lesotho | 10.72% | 16.8% |
| 128th | Papua New Guinea | 10.76% | 1,081.3% |
| 129th | Lithuania | 10.93% | 87.8% |
| 130th | Niger | 11.31% | 18,741.8% |
| 131st | Guatemala | 11.36% | 66.5% |
| 132nd | Honduras | 11.40% | 64.4% |
| 133rd | Samoa | 11.57% | 158.1% |
| 134th | Nigeria | 11.58% | 115.0% |
| 135th | Djibouti | 11.96% | 102.8% |
| 136th | Palau | 11.97% | 296.2% |
| 137th | Trinidad and Tobago | 12.03% | 52.8% |
| 138th | Maldives | 12.04% | 77.2% |
| 139th | Uganda | 12.05% | 97.9% |
| 140th | United Arab Emirates | 12.25% | 10.1% |
| 141st | Bulgaria | 12.35% | 63.1% |
| 142nd | Oman | 12.38% | 110.0% |
| 143rd | Serbia | 12.41% | 106.8% |
| 144th | Zambia | 12.45% | 16.8% |
| 145th | Angola | 12.48% | 1.9% |
| 146th | Eswatini | 12.66% | 56.7% |
| 147th | Iraq | 12.66% | -58.9% |
| 148th | Iceland | 12.69% | 150.6% |
| 149th | Botswana | 12.70% | 79.5% |
| 150th | Moldova | 12.78% | 3.2% |
| 151st | Uzbekistan | 13.13% | 17.7% |
| 152nd | Costa Rica | 13.42% | 43.5% |
| 153rd | Kiribati | 13.67% | 281.9% |
| 154th | Jordan | 13.97% | 194.5% |
| 155th | Bolivia, Plurinational State of | 14.01% | 61.3% |
| 156th | Russian Federation | 14.11% | 56.7% |
| 157th | Sudan | 14.30% | -3.1% |
| 158th | Mozambique | 14.50% | 39.4% |
| 159th | Turkmenistan | 14.54% | 132.3% |
| 160th | Suriname | 14.67% | 128.2% |
| 161st | Marshall Islands | 14.67% | 458.4% |
| 162nd | Belarus | 14.84% | 76.0% |
| 163rd | Qatar | 15.05% | 9.5% |
| 164th | Haiti | 15.28% | 121.1% |
| 165th | Latvia | 15.40% | 52.8% |
| 166th | Rwanda | 15.44% | 70.0% |
| 167th | Syrian Arab Republic | 15.75% | 236.7% |
| 168th | Ghana | 16.49% | 53.7% |
| 169th | Kazakhstan | 17.14% | 58.8% |
| 170th | Congo, Democratic Republic of | 17.30% | 3.8% |
| 171st | Solomon Islands | 17.32% | 126.3% |
| 172nd | Liberia | 17.49% | 53.5% |
| 173rd | Egypt, Arab Republic of | 18.32% | 68.3% |
| 174th | Yemen, Republic of | 18.98% | 140.1% |
| 175th | Nicaragua | 19.83% | 78.2% |
| 176th | Pakistan | 20.29% | 160.8% |
| 177th | Tajikistan | 20.47% | 55.5% |
| 178th | Azerbaijan | 20.85% | 24.7% |
| 179th | Jamaica | 22.02% | 137.1% |
| 180th | Eritrea | 22.17% | 135.6% |
| 181st | Sri Lanka | 22.56% | 42.0% |
| 182nd | Guinea | 23.07% | 0.9% |
| 183rd | Viet Nam | 23.12% | 175.9% |
| 184th | Cambodia | 24.10% | 214.3% |
| 185th | Burundi | 24.41% | 190.1% |
| 186th | Kyrgyz Republic | 24.52% | 139.7% |
| 187th | Ukraine | 25.23% | 96.4% |
| 188th | Iran, Islamic Republic of | 25.41% | 38.0% |
| 189th | Kenya | 26.24% | 514.4% |
| 190th | Afghanistan | 26.42% | 204.3% |
| 191st | Myanmar | 26.80% | -22.2% |
| 192nd | Mongolia | 27.96% | 190.2% |
| 193rd | São Tomé and Principe | 31.99% | 72.5% |
| 194th | Seychelles | 36.96% | 761.9% |
| 195th | Zimbabwe | 156.96% | 315.8% |
FAQ
What was Ghana's inflation rate in 2008?▾
Ghana's inflation rate in 2008 was 16.49%. This ranked 168th globally.
How did Ghana's inflation rate change in 2008?▾
Ghana's inflation rate increased by 53.7% in 2008 compared to 2007.
Which country had the highest inflation rate in 2008?▾
Zimbabwe had the highest inflation rate in 2008 at 156.96%.
What is the inflation rate of Ghana in 2008?▾
The inflation rate of Ghana in 2008 was 16.49%. This ranked 168th globally.
How does 2008 compare to 2007 for Ghana's inflation rate?▾
Ghana's inflation rate went from 10.73% in 2007 to 16.49% in 2008, a 53.7% increase.
Related
2007
2009
All years
Full ranking 2008
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