Ghana - Inflation Rate 2017
12.37%
−5.08pp from 2016
Ghana's inflation rate was 12.37% in 2017, decreased +5.08pp from 17.45% in 2016. This was the 179th highest globally.
Global Ranking - 2017▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Eritrea | -13.31% | -138.6% |
| 2nd | Chad | -1.54% | 4.7% |
| 3rd | Brunei Darussalam | -1.26% | -351.8% |
| 4th | Aruba | -1.03% | -10.7% |
| 5th | Togo | -0.98% | -214.6% |
| 6th | Saudi Arabia | -0.83% | -140.4% |
| 7th | Comoros | -0.24% | -129.6% |
| 8th | Benin | 0.04% | 105.4% |
| 9th | Marshall Islands | 0.05% | 103.3% |
| 10th | St. Lucia | 0.10% | 103.4% |
| 11th | Iraq | 0.18% | -59.8% |
| 12th | West Bank and Gaza | 0.21% | 196.6% |
| 13th | Israel | 0.25% | 145.8% |
| 14th | Dominica | 0.30% | 108.6% |
| 15th | Kiribati | 0.36% | -81.5% |
| 16th | Ireland | 0.36% | 297.9% |
| 17th | Qatar | 0.39% | -85.3% |
| 18th | Ecuador | 0.42% | -75.8% |
| 19th | Congo, Republic of | 0.45% | -85.9% |
| 20th | Japan | 0.48% | 490.5% |
| 21st | Solomon Islands | 0.49% | -1.7% |
| 22nd | Cyprus | 0.53% | 143.7% |
| 23rd | Switzerland | 0.53% | 223.0% |
| 24th | Liechtenstein | 0.54% | 223.3% |
| 25th | Timor-Leste | 0.56% | 137.9% |
| 26th | Djibouti | 0.57% | -76.4% |
| 27th | Singapore | 0.58% | 208.8% |
| 28th | Micronesia, Federated States of | 0.58% | 163.6% |
| 29th | Cameroon | 0.64% | -26.6% |
| 30th | Thailand | 0.67% | 257.9% |
| 31st | Côte d'Ivoire | 0.69% | -10.1% |
| 32nd | St. Kitts and Nevis | 0.69% | 201.0% |
| 33rd | Equatorial Guinea | 0.74% | -46.8% |
| 34th | Finland | 0.75% | 93.8% |
| 35th | Morocco | 0.75% | -50.8% |
| 36th | Cabo Verde | 0.78% | 154.6% |
| 37th | Bosnia and Herzegovina | 0.81% | 151.1% |
| 38th | Lao PDR | 0.83% | -48.3% |
| 39th | Panama | 0.88% | 18.3% |
| 40th | Zimbabwe | 0.89% | 157.4% |
| 41st | Grenada | 0.91% | -44.7% |
| 42nd | Armenia | 0.97% | 168.1% |
| 43rd | El Salvador | 1.01% | 67.6% |
| 44th | San Marino | 1.01% | 57.5% |
| 45th | France | 1.03% | 236.2% |
| 46th | Greece | 1.12% | 8,525.0% |
| 47th | Croatia | 1.13% | 279.3% |
| 48th | Denmark | 1.15% | 6,647.8% |
| 49th | Belize | 1.15% | 73.6% |
| 50th | Italy | 1.23% | 2,553.1% |
| 51st | Macao SAR, China | 1.23% | -48.2% |
| 52nd | Slovak Republic | 1.31% | 378.0% |
| 53rd | Senegal | 1.32% | 10.6% |
| 54th | Romania | 1.34% | 186.1% |
| 55th | North Macedonia | 1.35% | 665.5% |
| 56th | Malta | 1.36% | 51.6% |
| 57th | Portugal | 1.37% | 115.2% |
| 58th | Netherlands | 1.38% | 1,122.5% |
| 59th | Bahrain | 1.39% | -50.3% |
| 60th | Palau | 1.42% | 206.1% |
| 61st | Slovenia | 1.43% | 2,698.4% |
| 62nd | European Union | 1.43% | 679.5% |
| 63rd | Burkina Faso | 1.48% | 236.3% |
| 64th | Kosovo | 1.49% | 444.8% |
| 65th | Hong Kong SAR, China | 1.49% | -38.0% |
| 66th | Germany | 1.51% | 311.3% |
| 67th | Bahamas, The | 1.52% | 560.1% |
| 68th | Curaçao | 1.59% | 3,458.7% |
| 69th | Oman | 1.59% | 79.0% |
| 70th | China | 1.59% | -20.5% |
| 71st | Canada | 1.60% | 11.7% |
| 72nd | Costa Rica | 1.63% | 9,664.2% |
| 73rd | Guinea-Bissau | 1.69% | -37.5% |
| 74th | Luxembourg | 1.73% | 3,925.1% |
| 75th | Samoa | 1.75% | 2,297.1% |
| 76th | Puerto Rico (US) | 1.75% | 695.9% |
| 77th | Mali | 1.76% | 197.7% |
| 78th | Iceland | 1.76% | 4.0% |
| 79th | Sweden | 1.79% | 57.4% |
| 80th | New Zealand | 1.85% | 186.5% |
| 81st | Norway | 1.88% | -47.2% |
| 82nd | Trinidad and Tobago | 1.88% | -38.7% |
| 83rd | Guyana | 1.90% | 130.3% |
| 84th | Korea | 1.94% | 100.0% |
| 85th | Australia | 1.95% | 52.6% |
| 86th | Spain | 1.96% | 680.4% |
| 87th | United Arab Emirates | 1.97% | 21.5% |
| 88th | Albania | 1.99% | 54.4% |
| 89th | Bulgaria | 2.06% | 255.8% |
| 90th | Poland | 2.08% | 406.6% |
| 91st | Austria | 2.08% | 113.9% |
| 92nd | Belgium | 2.13% | 20.0% |
| 93rd | United States | 2.13% | 68.1% |
| 94th | St. Vincent and the Grenadines | 2.15% | 1,462.9% |
| 95th | Kuwait | 2.17% | -26.3% |
| 96th | Chile | 2.18% | -42.4% |
| 97th | Sint Maarten (Dutch part) | 2.19% | 1,862.7% |
| 98th | Mauritania | 2.25% | 53.1% |
| 99th | Hungary | 2.35% | 491.5% |
| 100th | Montenegro | 2.38% | 975.1% |
| 101st | Antigua and Barbuda | 2.43% | 597.4% |
| 102nd | Czechia | 2.45% | 258.3% |
| 103rd | United Kingdom | 2.56% | 287.5% |
| 104th | Andorra | 2.59% | 712.8% |
| 105th | Gabon | 2.65% | 27.1% |
| 106th | Nepal | 2.78% | -72.0% |
| 107th | Niger | 2.80% | 1,319.5% |
| 108th | Maldives | 2.82% | 251.7% |
| 109th | Bolivia, Plurinational State of | 2.82% | -22.1% |
| 110th | Philippines | 2.85% | 131.2% |
| 111th | Seychelles | 2.86% | 362.8% |
| 112th | Cambodia | 2.91% | -3.8% |
| 113th | Latvia | 2.93% | 2,860.0% |
| 114th | Peru | 2.99% | -16.6% |
| 115th | Vanuatu | 3.08% | 266.3% |
| 116th | Serbia | 3.13% | 179.1% |
| 117th | Kyrgyz Republic | 3.18% | 716.3% |
| 118th | Dominican Republic | 3.28% | 103.2% |
| 119th | Botswana | 3.31% | 17.7% |
| 120th | Jordan | 3.32% | 527.8% |
| 121st | India | 3.33% | -26.4% |
| 122nd | Fiji | 3.35% | -13.3% |
| 123rd | Estonia | 3.42% | 327.2% |
| 124th | Brazil | 3.45% | -60.6% |
| 125th | Viet Nam | 3.52% | 31.6% |
| 126th | Paraguay | 3.60% | -11.7% |
| 127th | Mauritius | 3.67% | 267.1% |
| 128th | Russian Federation | 3.68% | -47.7% |
| 129th | Lithuania | 3.72% | 449.1% |
| 130th | Indonesia | 3.81% | 7.9% |
| 131st | Nicaragua | 3.85% | 9.3% |
| 132nd | Malaysia | 3.87% | 86.5% |
| 133rd | Honduras | 3.93% | 44.4% |
| 134th | Somalia, Fed. Rep. | 3.96% | 16,387.5% |
| 135th | Pakistan | 4.09% | 42.6% |
| 136th | Tuvalu | 4.09% | 17.0% |
| 137th | Central African Republic | 4.18% | -15.5% |
| 138th | Mongolia | 4.30% | 450.8% |
| 139th | Colombia | 4.31% | -42.5% |
| 140th | Lebanon | 4.32% | 635.5% |
| 141st | Jamaica | 4.38% | 86.3% |
| 142nd | Guatemala | 4.42% | -0.6% |
| 143rd | Lesotho | 4.45% | -28.3% |
| 144th | Nauru | 4.46% | -45.2% |
| 145th | Myanmar | 4.57% | -32.4% |
| 146th | Barbados | 4.66% | 208.4% |
| 147th | Bhutan | 4.96% | 50.6% |
| 148th | Afghanistan | 4.98% | 13.5% |
| 149th | South Africa | 5.19% | -17.9% |
| 150th | Uganda | 5.21% | 0.8% |
| 151st | Tunisia | 5.31% | 46.3% |
| 152nd | Tanzania | 5.32% | 2.9% |
| 153rd | Papua New Guinea | 5.42% | -18.8% |
| 154th | Algeria | 5.59% | -12.6% |
| 155th | São Tomé and Principe | 5.69% | 5.2% |
| 156th | Bangladesh | 5.70% | -3.6% |
| 157th | Belarus | 6.03% | -49.0% |
| 158th | Georgia | 6.04% | 182.7% |
| 159th | Mexico | 6.04% | 114.2% |
| 160th | Namibia | 6.15% | -8.6% |
| 161st | Uruguay | 6.22% | -35.5% |
| 162nd | Eswatini | 6.22% | -20.7% |
| 163rd | Moldova | 6.57% | 3.3% |
| 164th | Zambia | 6.58% | -63.2% |
| 165th | Tajikistan | 7.31% | 23.6% |
| 166th | Kazakhstan | 7.44% | -48.9% |
| 167th | Tonga | 7.52% | 1,310.5% |
| 168th | Sri Lanka | 7.70% | 93.3% |
| 169th | Kenya | 8.01% | 26.7% |
| 170th | Gambia, The | 8.03% | 11.2% |
| 171st | Turkmenistan | 8.04% | 120.5% |
| 172nd | Iran, Islamic Republic of | 8.04% | 17.6% |
| 173rd | Rwanda | 8.28% | 44.7% |
| 174th | Madagascar | 8.61% | 42.2% |
| 175th | Guinea | 8.91% | 9.1% |
| 176th | Haiti | 10.68% | -6.6% |
| 177th | Türkiye | 11.14% | 43.3% |
| 178th | Malawi | 11.54% | -46.9% |
| 179th | Ghana | 12.37% | -29.1% |
| 180th | Liberia | 12.42% | 40.4% |
| 181st | Azerbaijan | 12.94% | 3.9% |
| 182nd | Uzbekistan | 13.88% | 57.3% |
| 183rd | Ukraine | 14.44% | 3.8% |
| 184th | Mozambique | 15.11% | -17.8% |
| 185th | Burundi | 16.05% | 188.8% |
| 186th | Nigeria | 16.50% | 5.1% |
| 187th | Syrian Arab Republic | 18.08% | -62.1% |
| 188th | Sierra Leone | 18.22% | 67.4% |
| 189th | Suriname | 22.00% | -60.4% |
| 190th | Argentina | 25.68% | 141.8% |
| 191st | Libya | 25.80% | -0.2% |
| 192nd | Egypt, Arab Republic of | 29.51% | 188.9% |
| 193rd | Angola | 29.84% | -2.8% |
| 194th | Yemen, Republic of | 30.40% | 42.7% |
| 195th | Sudan | 32.35% | 82.3% |
| 196th | Congo, Democratic Republic of | 35.73% | 1,019.1% |
| 197th | South Sudan | 187.85% | -45.7% |
FAQ
What was Ghana's inflation rate in 2017?▾
Ghana's inflation rate in 2017 was 12.37%. This ranked 179th globally.
How did Ghana's inflation rate change in 2017?▾
Ghana's inflation rate decreased by 29.1% in 2017 compared to 2016.
Which country had the highest inflation rate in 2017?▾
South Sudan had the highest inflation rate in 2017 at 187.85%.
What is the inflation rate of Ghana in 2017?▾
The inflation rate of Ghana in 2017 was 12.37%. This ranked 179th globally.
How does 2017 compare to 2016 for Ghana's inflation rate?▾
Ghana's inflation rate went from 17.45% in 2016 to 12.37% in 2017, a 29.1% decrease.
Related
2016
2018
All years
Full ranking 2017
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