Ghana - Inflation Rate 2019
7.14%
−2.69pp from 2018
Ghana's inflation rate was 7.14% in 2019, decreased +2.69pp from 7.81% in 2018. This was the 171st highest globally.
Global Ranking - 2019▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Burkina Faso | -3.23% | -265.3% |
| 2nd | Niger | -2.49% | -190.3% |
| 3rd | Libya | -2.16% | -116.4% |
| 4th | United Arab Emirates | -1.93% | -162.9% |
| 5th | Kiribati | -1.81% | -421.5% |
| 6th | Mali | -1.66% | -186.7% |
| 7th | Saudi Arabia | -1.19% | -148.5% |
| 8th | Chad | -0.97% | -124.1% |
| 9th | Burundi | -0.69% | 75.4% |
| 10th | Qatar | -0.67% | -766.6% |
| 11th | Brunei Darussalam | -0.39% | -138.1% |
| 12th | Panama | -0.36% | -146.6% |
| 13th | St. Kitts and Nevis | -0.33% | 68.2% |
| 14th | Iraq | -0.20% | -156.7% |
| 15th | Marshall Islands | -0.11% | -113.7% |
| 16th | El Salvador | 0.08% | -93.1% |
| 17th | Puerto Rico (US) | 0.08% | -93.4% |
| 18th | Belize | 0.19% | -30.7% |
| 19th | Maldives | 0.22% | -83.9% |
| 20th | Guinea-Bissau | 0.25% | -35.3% |
| 21st | Cyprus | 0.25% | -68.4% |
| 22nd | Greece | 0.25% | -67.3% |
| 23rd | Ecuador | 0.27% | 218.8% |
| 24th | Palau | 0.27% | -89.0% |
| 25th | Morocco | 0.30% | -81.0% |
| 26th | Portugal | 0.34% | -71.0% |
| 27th | Montenegro | 0.36% | -86.1% |
| 28th | Switzerland | 0.36% | -61.2% |
| 29th | Liechtenstein | 0.36% | -61.2% |
| 30th | Korea | 0.38% | -74.1% |
| 31st | Mauritius | 0.41% | -87.4% |
| 32nd | Japan | 0.47% | -52.6% |
| 33rd | San Marino | 0.47% | -59.4% |
| 34th | Oman | 0.49% | -30.3% |
| 35th | Andorra | 0.53% | -46.8% |
| 36th | St. Lucia | 0.54% | -78.9% |
| 37th | Bosnia and Herzegovina | 0.56% | -60.3% |
| 38th | Singapore | 0.57% | 29.3% |
| 39th | Grenada | 0.60% | -25.8% |
| 40th | Italy | 0.61% | -50.8% |
| 41st | Malaysia | 0.66% | -31.6% |
| 42nd | Togo | 0.67% | -27.3% |
| 43rd | Spain | 0.70% | -59.7% |
| 44th | Thailand | 0.71% | -33.8% |
| 45th | Benin | 0.73% | -13.7% |
| 46th | Denmark | 0.76% | 6.9% |
| 47th | Jordan | 0.76% | -82.9% |
| 48th | North Macedonia | 0.77% | -47.4% |
| 49th | Croatia | 0.77% | -50.4% |
| 50th | Côte d'Ivoire | 0.79% | 28.6% |
| 51st | Israel | 0.82% | 1.3% |
| 52nd | St. Vincent and the Grenadines | 0.91% | -60.7% |
| 53rd | Ireland | 0.94% | 34.0% |
| 54th | Timor-Leste | 0.96% | -58.2% |
| 55th | Samoa | 0.98% | -73.3% |
| 56th | Trinidad and Tobago | 1.00% | -1.8% |
| 57th | Bahrain | 1.01% | -51.9% |
| 58th | Finland | 1.02% | -12.4% |
| 59th | Kuwait | 1.09% | 96.4% |
| 60th | Cabo Verde | 1.11% | -13.2% |
| 61st | France | 1.11% | -47.2% |
| 62nd | Kyrgyz Republic | 1.13% | -26.5% |
| 63rd | Tonga | 1.18% | -80.6% |
| 64th | Eritrea | 1.30% | 109.0% |
| 65th | Albania | 1.41% | -30.5% |
| 66th | Antigua and Barbuda | 1.43% | 18.2% |
| 67th | Belgium | 1.44% | -37.7% |
| 68th | Armenia | 1.44% | -42.6% |
| 69th | Germany | 1.45% | -25.3% |
| 70th | Dominica | 1.50% | 52.1% |
| 71st | Equatorial Guinea | 1.53% | 13.7% |
| 72nd | Austria | 1.53% | -27.9% |
| 73rd | West Bank and Gaza | 1.58% | 910.4% |
| 74th | Australia | 1.61% | -16.7% |
| 75th | New Zealand | 1.62% | 1.4% |
| 76th | Slovenia | 1.63% | -6.2% |
| 77th | European Union | 1.63% | -6.2% |
| 78th | Solomon Islands | 1.63% | -54.6% |
| 79th | Malta | 1.64% | -5.7% |
| 80th | United Kingdom | 1.74% | -29.9% |
| 81st | Luxembourg | 1.74% | -13.6% |
| 82nd | Senegal | 1.76% | 286.8% |
| 83rd | Fiji | 1.77% | -56.6% |
| 84th | Sweden | 1.78% | -12.3% |
| 85th | Seychelles | 1.81% | -51.6% |
| 86th | Dominican Republic | 1.81% | -49.2% |
| 87th | United States | 1.81% | -25.7% |
| 88th | Bolivia, Plurinational State of | 1.84% | -19.0% |
| 89th | Serbia | 1.85% | -5.7% |
| 90th | Micronesia, Federated States of | 1.92% | 85.0% |
| 91st | Cambodia | 1.94% | -20.6% |
| 92nd | Canada | 1.95% | -14.1% |
| 93rd | Algeria | 1.95% | -54.3% |
| 94th | Guyana | 2.09% | 64.1% |
| 95th | Costa Rica | 2.10% | -5.6% |
| 96th | Norway | 2.17% | -21.6% |
| 97th | Congo, Republic of | 2.21% | 91.3% |
| 98th | Poland | 2.23% | 26.1% |
| 99th | Peru | 2.25% | 71.0% |
| 100th | Estonia | 2.28% | -33.3% |
| 101st | Mauritania | 2.30% | -24.7% |
| 102nd | Afghanistan | 2.30% | 267.8% |
| 103rd | Lithuania | 2.33% | -7.8% |
| 104th | Philippines | 2.39% | -55.0% |
| 105th | Cameroon | 2.45% | 130.5% |
| 106th | Gabon | 2.46% | -48.4% |
| 107th | Bahamas, The | 2.49% | 9.8% |
| 108th | Chile | 2.56% | 10.3% |
| 109th | Eswatini | 2.60% | -46.0% |
| 110th | Azerbaijan | 2.61% | 15.4% |
| 111th | Curaçao | 2.62% | 1.5% |
| 112th | Netherlands | 2.63% | 64.8% |
| 113th | Slovak Republic | 2.66% | 5.3% |
| 114th | Kosovo | 2.68% | 153.9% |
| 115th | Central African Republic | 2.69% | 66.6% |
| 116th | Bhutan | 2.73% | -24.7% |
| 117th | Macao SAR, China | 2.75% | -8.5% |
| 118th | Paraguay | 2.76% | -30.6% |
| 119th | Vanuatu | 2.76% | 16.0% |
| 120th | Botswana | 2.77% | -14.4% |
| 121st | Viet Nam | 2.80% | -21.0% |
| 122nd | Mozambique | 2.80% | -11.5% |
| 123rd | Latvia | 2.81% | 10.1% |
| 124th | Czechia | 2.85% | 32.5% |
| 125th | Uganda | 2.87% | 12.5% |
| 126th | Hong Kong SAR, China | 2.88% | 19.8% |
| 127th | China | 2.90% | 38.7% |
| 128th | Lebanon | 3.01% | -50.4% |
| 129th | Iceland | 3.01% | 12.6% |
| 130th | Indonesia | 3.03% | -7.9% |
| 131st | Bulgaria | 3.10% | 18.0% |
| 132nd | Djibouti | 3.32% | 2,288.0% |
| 133rd | Lao PDR | 3.32% | 62.9% |
| 134th | Hungary | 3.34% | 17.6% |
| 135th | Rwanda | 3.35% | 147.1% |
| 136th | Tanzania | 3.46% | -1.3% |
| 137th | Tuvalu | 3.49% | 61.7% |
| 138th | Colombia | 3.52% | 8.7% |
| 139th | Sri Lanka | 3.53% | -17.4% |
| 140th | Comoros | 3.58% | 110.5% |
| 141st | Mexico | 3.64% | -25.8% |
| 142nd | Guatemala | 3.70% | -1.4% |
| 143rd | Namibia | 3.72% | -13.3% |
| 144th | India | 3.73% | 9.2% |
| 145th | Brazil | 3.73% | 1.9% |
| 146th | Romania | 3.83% | -17.3% |
| 147th | Jamaica | 3.91% | 4.4% |
| 148th | Papua New Guinea | 3.93% | -11.0% |
| 149th | Nauru | 4.09% | 282.6% |
| 150th | Barbados | 4.10% | 37.4% |
| 151st | South Africa | 4.10% | -10.7% |
| 152nd | Aruba | 4.26% | 17.4% |
| 153rd | Honduras | 4.37% | 0.4% |
| 154th | Suriname | 4.39% | -36.7% |
| 155th | Russian Federation | 4.47% | 55.4% |
| 156th | Congo, Democratic Republic of | 4.71% | -83.9% |
| 157th | Somalia, Fed. Rep. | 4.71% | 10.4% |
| 158th | Moldova | 4.84% | 34.8% |
| 159th | Georgia | 4.85% | 85.6% |
| 160th | Turkmenistan | 5.09% | -61.7% |
| 161st | Lesotho | 5.19% | 9.3% |
| 162nd | Kenya | 5.24% | 11.7% |
| 163rd | Kazakhstan | 5.33% | -11.2% |
| 164th | Nicaragua | 5.38% | 8.7% |
| 165th | Nepal | 5.57% | 34.8% |
| 166th | Bangladesh | 5.59% | -3.3% |
| 167th | Belarus | 5.60% | 15.0% |
| 168th | Madagascar | 5.61% | -34.7% |
| 169th | Tunisia | 6.72% | -8.0% |
| 170th | Gambia, The | 7.12% | 9.1% |
| 171st | Ghana | 7.14% | -27.4% |
| 172nd | Mongolia | 7.30% | 7.8% |
| 173rd | São Tomé and Principe | 7.72% | -1.9% |
| 174th | Tajikistan | 7.79% | 102.7% |
| 175th | Uruguay | 7.88% | 3.6% |
| 176th | Ukraine | 7.89% | -28.0% |
| 177th | Myanmar | 8.83% | 21.2% |
| 178th | Zambia | 9.15% | 22.1% |
| 179th | Egypt, Arab Republic of | 9.15% | -56.1% |
| 180th | Malawi | 9.37% | 1.7% |
| 181st | Guinea | 9.47% | -3.6% |
| 182nd | Pakistan | 10.58% | 125.1% |
| 183rd | Nigeria | 11.40% | -5.8% |
| 184th | Syrian Arab Republic | 13.42% | 1,325.9% |
| 185th | Uzbekistan | 14.53% | -17.1% |
| 186th | Sierra Leone | 14.80% | -7.6% |
| 187th | Türkiye | 15.18% | -7.1% |
| 188th | Yemen, Republic of | 15.69% | -53.4% |
| 189th | Angola | 17.08% | -13.0% |
| 190th | Haiti | 18.70% | 63.8% |
| 191st | Liberia | 26.97% | 14.5% |
| 192nd | Iran, Islamic Republic of | 39.91% | 48.3% |
| 193rd | Sudan | 50.99% | -19.4% |
| 194th | Argentina | 53.55% | 56.2% |
| 195th | South Sudan | 87.24% | 4.6% |
| 196th | Zimbabwe | 255.30% | 2,306.9% |
FAQ
What was Ghana's inflation rate in 2019?▾
Ghana's inflation rate in 2019 was 7.14%. This ranked 171st globally.
How did Ghana's inflation rate change in 2019?▾
Ghana's inflation rate decreased by 27.4% in 2019 compared to 2018.
Which country had the highest inflation rate in 2019?▾
Zimbabwe had the highest inflation rate in 2019 at 255.30%.
What is the inflation rate of Ghana in 2019?▾
The inflation rate of Ghana in 2019 was 7.14%. This ranked 171st globally.
How does 2019 compare to 2018 for Ghana's inflation rate?▾
Ghana's inflation rate went from 7.81% in 2018 to 7.14% in 2019, a 27.4% decrease.
Related
2018
2020
All years
Full ranking 2019
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