Ghana - Inflation Rate 2016
17.45%
+0.30pp from 2015
Ghana's inflation rate was 17.45% in 2016, increased +0.30pp from 17.15% in 2015. This was the 189th highest globally.
Global Ranking - 2016▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Eritrea | -5.58% | -119.6% |
| 2nd | St. Lucia | -3.08% | -212.8% |
| 3rd | Mali | -1.80% | -225.6% |
| 4th | Bosnia and Herzegovina | -1.58% | -54.8% |
| 5th | Romania | -1.54% | -159.2% |
| 6th | Zimbabwe | -1.54% | 35.9% |
| 7th | Marshall Islands | -1.51% | 32.6% |
| 8th | Cyprus | -1.43% | 7.8% |
| 9th | Cabo Verde | -1.41% | -1,084.5% |
| 10th | Armenia | -1.40% | -138.0% |
| 11th | Timor-Leste | -1.34% | -307.2% |
| 12th | Croatia | -1.13% | -339.5% |
| 13th | Palau | -1.04% | -147.4% |
| 14th | Micronesia, Federated States of | -1.04% | -3,151.4% |
| 15th | Seychelles | -1.02% | -124.6% |
| 16th | Aruba | -0.93% | -296.9% |
| 17th | Greece | -0.83% | 24.5% |
| 18th | Bulgaria | -0.80% | 25.1% |
| 19th | Benin | -0.79% | -462.2% |
| 20th | Chad | -0.79% | -116.4% |
| 21st | Lebanon | -0.78% | 79.2% |
| 22nd | Jordan | -0.78% | 11.3% |
| 23rd | St. Kitts and Nevis | -0.69% | 70.2% |
| 24th | Poland | -0.66% | 28.1% |
| 25th | Cayman Islands | -0.63% | 73.4% |
| 26th | Israel | -0.54% | 15.3% |
| 27th | Singapore | -0.53% | -1.5% |
| 28th | Slovak Republic | -0.52% | -57.1% |
| 29th | Antigua and Barbuda | -0.49% | -150.5% |
| 30th | Switzerland | -0.43% | 61.9% |
| 31st | Liechtenstein | -0.43% | 62.0% |
| 32nd | Andorra | -0.42% | 62.7% |
| 33rd | Bahamas, The | -0.35% | -118.4% |
| 34th | Puerto Rico (US) | -0.29% | 60.9% |
| 35th | Brunei Darussalam | -0.28% | 42.9% |
| 36th | Montenegro | -0.27% | -117.5% |
| 37th | North Macedonia | -0.24% | 20.2% |
| 38th | West Bank and Gaza | -0.22% | -115.3% |
| 39th | Spain | -0.20% | 67.8% |
| 40th | St. Vincent and the Grenadines | -0.15% | 91.3% |
| 41st | Japan | -0.13% | -115.9% |
| 42nd | Italy | -0.09% | -187.1% |
| 43rd | Slovenia | -0.05% | 89.5% |
| 44th | Curaçao | -0.05% | 90.1% |
| 45th | Costa Rica | -0.02% | -102.2% |
| 46th | Ireland | 0.02% | 140.2% |
| 47th | Somalia, Fed. Rep. | 0.02% | -97.4% |
| 48th | Sint Maarten (Dutch part) | 0.11% | -66.2% |
| 49th | Latvia | 0.14% | -34.0% |
| 50th | Dominica | 0.14% | 116.6% |
| 51st | Estonia | 0.15% | 118.7% |
| 52nd | France | 0.18% | 106.0% |
| 53rd | European Union | 0.18% | 397.4% |
| 54th | Thailand | 0.19% | 121.0% |
| 55th | Denmark | 0.25% | 10.6% |
| 56th | Kosovo | 0.27% | 150.9% |
| 57th | Luxembourg | 0.29% | 392.9% |
| 58th | Netherlands | 0.32% | 45.3% |
| 59th | Finland | 0.36% | 328.6% |
| 60th | Kyrgyz Republic | 0.39% | -94.0% |
| 61st | Hungary | 0.39% | 698.1% |
| 62nd | Burkina Faso | 0.44% | -73.3% |
| 63rd | Germany | 0.49% | -27.7% |
| 64th | Maldives | 0.50% | -63.3% |
| 65th | Solomon Islands | 0.51% | 190.1% |
| 66th | Iraq | 0.56% | -60.0% |
| 67th | New Caledonia | 0.58% | 1.4% |
| 68th | El Salvador | 0.60% | 182.6% |
| 69th | Portugal | 0.61% | 19.6% |
| 70th | Malta | 0.64% | -45.3% |
| 71st | San Marino | 0.64% | 341.1% |
| 72nd | New Zealand | 0.65% | 120.6% |
| 73rd | Belize | 0.66% | 177.0% |
| 74th | Czechia | 0.68% | 121.2% |
| 75th | Côte d'Ivoire | 0.72% | -31.5% |
| 76th | Mongolia | 0.73% | -89.2% |
| 77th | Panama | 0.74% | 440.0% |
| 78th | Comoros | 0.80% | -15.2% |
| 79th | Guyana | 0.84% | 196.6% |
| 80th | Senegal | 0.84% | -2.4% |
| 81st | Vanuatu | 0.84% | -66.1% |
| 82nd | Cameroon | 0.87% | -67.4% |
| 83rd | Austria | 0.89% | 10.1% |
| 84th | Lithuania | 0.91% | 233.8% |
| 85th | Korea | 0.97% | 37.6% |
| 86th | Mauritius | 0.98% | -23.3% |
| 87th | Sweden | 0.98% | 40.0% |
| 88th | United Kingdom | 1.01% | 2,421.0% |
| 89th | Oman | 1.11% | 681.1% |
| 90th | Serbia | 1.12% | -19.4% |
| 91st | Philippines | 1.25% | 81.7% |
| 92nd | United States | 1.26% | 942.6% |
| 93rd | Albania | 1.28% | -31.7% |
| 94th | Australia | 1.28% | -14.0% |
| 95th | Barbados | 1.28% | 215.2% |
| 96th | Togo | 1.29% | -28.2% |
| 97th | Samoa | 1.30% | -32.2% |
| 98th | Equatorial Guinea | 1.41% | -16.7% |
| 99th | Canada | 1.43% | 27.0% |
| 100th | Mauritania | 1.47% | 202.8% |
| 101st | Guinea-Bissau | 1.50% | 1.5% |
| 102nd | Lao PDR | 1.60% | 25.1% |
| 103rd | Dominican Republic | 1.61% | 92.9% |
| 104th | United Arab Emirates | 1.62% | -60.2% |
| 105th | Morocco | 1.64% | 4.9% |
| 106th | Grenada | 1.65% | 420.5% |
| 107th | Niger | 1.65% | 67.1% |
| 108th | Iceland | 1.70% | 4.0% |
| 109th | Ecuador | 1.73% | -56.4% |
| 110th | Kiribati | 1.92% | 235.2% |
| 111th | Belgium | 1.97% | 216.8% |
| 112th | China | 2.00% | 36.8% |
| 113th | Saudi Arabia | 2.05% | 70.3% |
| 114th | Malaysia | 2.09% | -0.6% |
| 115th | Gabon | 2.11% | 1,573.2% |
| 116th | Georgia | 2.13% | -46.7% |
| 117th | Jamaica | 2.35% | -36.1% |
| 118th | Macao SAR, China | 2.37% | -48.0% |
| 119th | Hong Kong SAR, China | 2.41% | -19.4% |
| 120th | Tonga | 2.58% | 4,674.4% |
| 121st | Viet Nam | 2.67% | 312.4% |
| 122nd | Qatar | 2.68% | 185.0% |
| 123rd | Honduras | 2.72% | -13.7% |
| 124th | Djibouti | 2.74% | 624.6% |
| 125th | Bahrain | 2.79% | 50.7% |
| 126th | Botswana | 2.81% | -7.8% |
| 127th | Mexico | 2.82% | 3.8% |
| 128th | Congo, Democratic Republic of | 2.89% | 291.0% |
| 129th | Cambodia | 3.02% | 145.7% |
| 130th | Trinidad and Tobago | 3.07% | -34.1% |
| 131st | Congo, Republic of | 3.19% | 0.7% |
| 132nd | Kuwait | 3.20% | -2.4% |
| 133rd | Bhutan | 3.22% | -51.7% |
| 134th | Tuvalu | 3.49% | 11.2% |
| 135th | Nicaragua | 3.52% | -11.9% |
| 136th | Indonesia | 3.53% | -44.6% |
| 137th | Norway | 3.55% | 63.5% |
| 138th | Peru | 3.56% | 0.3% |
| 139th | Bolivia, Plurinational State of | 3.62% | -10.8% |
| 140th | Tunisia | 3.63% | -18.2% |
| 141st | Turkmenistan | 3.65% | -50.8% |
| 142nd | Pakistan | 3.77% | -16.8% |
| 143rd | Chile | 3.79% | -12.9% |
| 144th | Fiji | 3.86% | 181.0% |
| 145th | Sri Lanka | 3.96% | 78.0% |
| 146th | Paraguay | 4.09% | 30.5% |
| 147th | Afghanistan | 4.38% | 762.2% |
| 148th | Guatemala | 4.45% | 86.3% |
| 149th | Central African Republic | 4.95% | 252.5% |
| 150th | India | 4.95% | 0.8% |
| 151st | Tanzania | 5.17% | -7.4% |
| 152nd | São Tomé and Principe | 5.43% | -11.4% |
| 153rd | Bangladesh | 5.51% | -13.9% |
| 154th | Burundi | 5.56% | 0.2% |
| 155th | Uganda | 5.71% | 54.6% |
| 156th | Tajikistan | 6.00% | 3.9% |
| 157th | Madagascar | 6.04% | -18.5% |
| 158th | Kenya | 6.30% | -4.3% |
| 159th | Moldova | 6.36% | -33.9% |
| 160th | Algeria | 6.40% | 33.7% |
| 161st | Lesotho | 6.60% | 53.4% |
| 162nd | South Africa | 6.60% | 43.9% |
| 163rd | Papua New Guinea | 6.67% | 11.3% |
| 164th | Namibia | 6.73% | 98.1% |
| 165th | Myanmar | 6.93% | -31.0% |
| 166th | Russian Federation | 7.04% | -54.7% |
| 167th | Rwanda | 7.17% | 183.0% |
| 168th | Gambia, The | 7.23% | 6.2% |
| 169th | Iran, Islamic Republic of | 7.25% | -35.0% |
| 170th | Colombia | 7.51% | 50.5% |
| 171st | Türkiye | 7.78% | 1.4% |
| 172nd | Eswatini | 7.85% | 58.5% |
| 173rd | Uzbekistan | 8.13% | -3.9% |
| 174th | Nauru | 8.14% | -16.8% |
| 175th | Guinea | 8.17% | 0.3% |
| 176th | Brazil | 8.74% | -3.2% |
| 177th | Nepal | 8.79% | 12.2% |
| 178th | Liberia | 8.83% | 14.1% |
| 179th | Uruguay | 9.64% | 11.3% |
| 180th | Sierra Leone | 10.89% | 62.7% |
| 181st | Haiti | 11.50% | 116.3% |
| 182nd | Belarus | 11.84% | -12.5% |
| 183rd | Azerbaijan | 12.44% | 208.0% |
| 184th | Egypt, Arab Republic of | 13.81% | 25.7% |
| 185th | Ukraine | 13.91% | -71.4% |
| 186th | Kazakhstan | 14.36% | 112.8% |
| 187th | Nigeria | 15.70% | 74.2% |
| 188th | Mozambique | 17.42% | 389.3% |
| 189th | Ghana | 17.45% | 1.8% |
| 190th | Sudan | 17.75% | 5.0% |
| 191st | Zambia | 17.87% | 76.8% |
| 192nd | Yemen, Republic of | 21.30% | -3.2% |
| 193rd | Malawi | 21.71% | -0.7% |
| 194th | Libya | 25.85% | 158.2% |
| 195th | Angola | 30.69% | 235.1% |
| 196th | Syrian Arab Republic | 47.71% | 24.0% |
| 197th | Suriname | 55.41% | 703.5% |
| 198th | South Sudan | 380.00% | 617.1% |
FAQ
What was Ghana's inflation rate in 2016?▾
Ghana's inflation rate in 2016 was 17.45%. This ranked 189th globally.
How did Ghana's inflation rate change in 2016?▾
Ghana's inflation rate increased by 1.8% in 2016 compared to 2015.
Which country had the highest inflation rate in 2016?▾
South Sudan had the highest inflation rate in 2016 at 380.00%.
What is the inflation rate of Ghana in 2016?▾
The inflation rate of Ghana in 2016 was 17.45%. This ranked 189th globally.
How does 2016 compare to 2015 for Ghana's inflation rate?▾
Ghana's inflation rate went from 17.15% in 2015 to 17.45% in 2016, a 1.8% increase.
Related
2015
2017
All years
Full ranking 2016
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