Ghana - Inflation Rate 2022
31.26%
+21.28pp from 2021
Ghana's inflation rate was 31.26% in 2022, increased +21.28pp from 9.97% in 2021. This was the 184th highest globally.
Global Ranking - 2022▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | South Sudan | -6.69% | -122.1% |
| 2nd | Thailand | -1.61% | -230.8% |
| 3rd | Macao SAR, China | 1.05% | 3,632.2% |
| 4th | Nauru | 1.15% | -42.9% |
| 5th | Benin | 1.35% | -22.1% |
| 6th | Bolivia, Plurinational State of | 1.75% | 137.3% |
| 7th | Hong Kong SAR, China | 1.88% | 19.9% |
| 8th | China | 1.97% | 115.0% |
| 9th | Maldives | 2.33% | 995.4% |
| 10th | Saudi Arabia | 2.47% | -19.2% |
| 11th | Japan | 2.50% | 1,162.9% |
| 12th | Oman | 2.51% | 50.6% |
| 13th | Grenada | 2.58% | 111.3% |
| 14th | Seychelles | 2.63% | -73.6% |
| 15th | St. Kitts and Nevis | 2.67% | 121.2% |
| 16th | Marshall Islands | 2.78% | 23.5% |
| 17th | Liechtenstein | 2.83% | 386.1% |
| 18th | Switzerland | 2.84% | 386.3% |
| 19th | Panama | 2.86% | 75.3% |
| 20th | Dominica | 2.88% | 83.6% |
| 21st | Congo, Republic of | 3.04% | 54.6% |
| 22nd | Viet Nam | 3.16% | 71.8% |
| 23rd | Malaysia | 3.38% | 36.4% |
| 24th | Ecuador | 3.47% | 2,506.1% |
| 25th | Bahrain | 3.63% | 693.4% |
| 26th | Brunei Darussalam | 3.68% | 112.5% |
| 27th | West Bank and Gaza | 3.74% | 202.2% |
| 28th | Kuwait | 3.98% | 16.3% |
| 29th | Indonesia | 4.21% | 169.7% |
| 30th | Niger | 4.23% | 10.2% |
| 31st | Jordan | 4.23% | 214.0% |
| 32nd | Gabon | 4.23% | 292.9% |
| 33rd | Fiji | 4.32% | 2,669.3% |
| 34th | Tanzania | 4.35% | 17.9% |
| 35th | Barbados | 4.36% | 183.9% |
| 36th | Israel | 4.41% | 195.7% |
| 37th | Libya | 4.51% | 57.3% |
| 38th | Equatorial Guinea | 4.79% | 5,192.3% |
| 39th | Eswatini | 4.80% | 29.1% |
| 40th | Iraq | 4.99% | -17.3% |
| 41st | Qatar | 5.00% | 119.4% |
| 42nd | Korea | 5.09% | 103.7% |
| 43rd | Djibouti | 5.18% | 338.6% |
| 44th | France | 5.22% | 152.8% |
| 45th | Côte d'Ivoire | 5.23% | 25.1% |
| 46th | Papua New Guinea | 5.25% | 17.2% |
| 47th | United Arab Emirates | 5.29% | 4,782.5% |
| 48th | San Marino | 5.33% | 229.5% |
| 49th | Cambodia | 5.34% | 82.8% |
| 50th | Kiribati | 5.35% | 160.3% |
| 51st | Micronesia, Federated States of | 5.41% | 205.2% |
| 52nd | Solomon Islands | 5.52% | 2,915.4% |
| 53rd | Aruba | 5.52% | 642.2% |
| 54th | Central African Republic | 5.58% | 31.1% |
| 55th | Bahamas, The | 5.61% | 93.0% |
| 56th | Bhutan | 5.64% | -31.4% |
| 57th | St. Vincent and the Grenadines | 5.66% | 263.5% |
| 58th | Norway | 5.76% | 65.4% |
| 59th | Chad | 5.79% | 828.1% |
| 60th | Philippines | 5.82% | 48.2% |
| 61st | Trinidad and Tobago | 5.83% | 182.8% |
| 62nd | Puerto Rico (US) | 6.02% | 149.7% |
| 63rd | Namibia | 6.08% | 68.0% |
| 64th | Guyana | 6.12% | 84.1% |
| 65th | Singapore | 6.13% | 164.7% |
| 66th | Malta | 6.15% | 771.6% |
| 67th | Andorra | 6.20% | 269.9% |
| 68th | Cameroon | 6.25% | 176.2% |
| 69th | Belize | 6.28% | 93.8% |
| 70th | Luxembourg | 6.34% | 82.4% |
| 71st | St. Lucia | 6.38% | 164.7% |
| 72nd | Australia | 6.59% | 133.8% |
| 73rd | Tajikistan | 6.64% | -26.0% |
| 74th | Morocco | 6.66% | 387.3% |
| 75th | Vanuatu | 6.68% | 185.1% |
| 76th | India | 6.70% | 21.7% |
| 77th | Albania | 6.73% | 229.2% |
| 78th | Somalia, Fed. Rep. | 6.78% | 46.6% |
| 79th | Canada | 6.80% | 100.4% |
| 80th | Germany | 6.87% | 114.0% |
| 81st | Guatemala | 6.89% | 61.5% |
| 82nd | Timor-Leste | 7.01% | 85.6% |
| 83rd | South Africa | 7.04% | 54.6% |
| 84th | Finland | 7.12% | 244.8% |
| 85th | New Zealand | 7.17% | 82.0% |
| 86th | Uganda | 7.20% | 226.0% |
| 87th | El Salvador | 7.20% | 107.6% |
| 88th | Antigua and Barbuda | 7.53% | 362.9% |
| 89th | Liberia | 7.59% | -2.9% |
| 90th | Kenya | 7.66% | 25.4% |
| 91st | Nepal | 7.67% | 114.3% |
| 92nd | Denmark | 7.70% | 295.9% |
| 93rd | Bangladesh | 7.70% | 38.5% |
| 94th | Ireland | 7.83% | 224.5% |
| 95th | Portugal | 7.83% | 732.4% |
| 96th | Mexico | 7.90% | 38.7% |
| 97th | United Kingdom | 7.92% | 206.1% |
| 98th | Cabo Verde | 7.93% | 325.7% |
| 99th | Togo | 7.97% | 75.5% |
| 100th | United States | 8.00% | 71.0% |
| 101st | Madagascar | 8.16% | 40.2% |
| 102nd | Italy | 8.20% | 322.5% |
| 103rd | Lesotho | 8.27% | 28.2% |
| 104th | Costa Rica | 8.27% | 379.1% |
| 105th | Tunisia | 8.31% | 45.5% |
| 106th | Iceland | 8.31% | 86.4% |
| 107th | Peru | 8.33% | 109.4% |
| 108th | Sweden | 8.37% | 215.6% |
| 109th | Spain | 8.39% | 178.9% |
| 110th | Cyprus | 8.40% | 271.3% |
| 111th | Austria | 8.55% | 209.7% |
| 112th | Armenia | 8.64% | 16.0% |
| 113th | Dominican Republic | 8.81% | 6.9% |
| 114th | Slovenia | 8.83% | 360.8% |
| 115th | European Union | 8.83% | 245.8% |
| 116th | Honduras | 9.09% | 102.8% |
| 117th | Uruguay | 9.10% | 17.5% |
| 118th | Algeria | 9.27% | 28.2% |
| 119th | Congo, Democratic Republic of | 9.27% | 3.1% |
| 120th | Brazil | 9.28% | 11.8% |
| 121st | Guinea-Bissau | 9.39% | 186.8% |
| 122nd | Mauritania | 9.53% | 167.7% |
| 123rd | Belgium | 9.60% | 198.3% |
| 124th | Mali | 9.62% | 152.7% |
| 125th | Greece | 9.65% | 1,580.4% |
| 126th | Senegal | 9.70% | 345.2% |
| 127th | Paraguay | 9.77% | 104.0% |
| 128th | Netherlands | 10.00% | 253.8% |
| 129th | Colombia | 10.18% | 190.4% |
| 130th | Mozambique | 10.28% | 55.3% |
| 131st | Jamaica | 10.35% | 76.0% |
| 132nd | Nicaragua | 10.47% | 112.4% |
| 133rd | Guinea | 10.49% | -16.7% |
| 134th | Mauritius | 10.77% | 166.7% |
| 135th | Croatia | 10.78% | 295.8% |
| 136th | Samoa | 10.96% | 464.2% |
| 137th | Tonga | 10.97% | 1,765.9% |
| 138th | Zambia | 10.99% | -50.1% |
| 139th | Turkmenistan | 11.21% | -42.4% |
| 140th | Uzbekistan | 11.45% | 5.5% |
| 141st | Gambia, The | 11.51% | 56.2% |
| 142nd | Kosovo | 11.58% | 245.3% |
| 143rd | Chile | 11.64% | 157.3% |
| 144th | Botswana | 11.67% | 74.7% |
| 145th | Georgia | 11.90% | 24.4% |
| 146th | Serbia | 11.98% | 193.3% |
| 147th | Tuvalu | 12.18% | 82.2% |
| 148th | Palau | 12.35% | 2,668.1% |
| 149th | Comoros | 12.53% | 83,646.9% |
| 150th | Slovak Republic | 12.77% | 352.2% |
| 151st | Montenegro | 13.04% | 440.0% |
| 152nd | Afghanistan | 13.71% | 76.7% |
| 153rd | Russian Federation | 13.74% | 105.3% |
| 154th | Romania | 13.80% | 173.4% |
| 155th | Azerbaijan | 13.85% | 107.9% |
| 156th | Egypt, Arab Republic of | 13.90% | 208.8% |
| 157th | Kyrgyz Republic | 13.92% | 16.9% |
| 158th | Bosnia and Herzegovina | 14.02% | 601.7% |
| 159th | North Macedonia | 14.20% | 339.6% |
| 160th | Burkina Faso | 14.29% | 265.7% |
| 161st | Poland | 14.43% | 181.3% |
| 162nd | Hungary | 14.61% | 186.2% |
| 163rd | Kazakhstan | 15.03% | 87.8% |
| 164th | Czechia | 15.10% | 293.2% |
| 165th | Mongolia | 15.15% | 105.7% |
| 166th | Belarus | 15.21% | 60.9% |
| 167th | Bulgaria | 15.33% | 439.2% |
| 168th | Latvia | 17.31% | 434.4% |
| 169th | Rwanda | 17.69% | 2,036.4% |
| 170th | São Tomé and Principe | 18.01% | 121.3% |
| 171st | Burundi | 18.80% | 124.8% |
| 172nd | Nigeria | 18.85% | 11.2% |
| 173rd | Estonia | 19.40% | 332.3% |
| 174th | Lithuania | 19.71% | 326.1% |
| 175th | Pakistan | 19.87% | 123.4% |
| 176th | Ukraine | 20.18% | 115.6% |
| 177th | Malawi | 20.95% | 124.3% |
| 178th | Angola | 21.36% | -17.1% |
| 179th | Lao PDR | 22.96% | 511.5% |
| 180th | Sierra Leone | 27.21% | 129.1% |
| 181st | Myanmar | 28.01% | 191.7% |
| 182nd | Moldova | 28.74% | 463.6% |
| 183rd | Yemen, Republic of | 29.51% | -6.2% |
| 184th | Ghana | 31.26% | 213.3% |
| 185th | Haiti | 33.98% | 113.2% |
| 186th | Iran, Islamic Republic of | 43.49% | 8.2% |
| 187th | Sri Lanka | 49.72% | 735.1% |
| 188th | Suriname | 52.45% | -11.3% |
| 189th | Türkiye | 72.31% | 269.0% |
| 190th | Argentina | 72.43% | 49.6% |
| 191st | Zimbabwe | 104.71% | 6.3% |
| 192nd | Sudan | 138.81% | -61.3% |
| 193rd | Lebanon | 171.21% | 10.6% |
FAQ
What was Ghana's inflation rate in 2022?▾
Ghana's inflation rate in 2022 was 31.26%. This ranked 184th globally.
How did Ghana's inflation rate change in 2022?▾
Ghana's inflation rate increased by 213.3% in 2022 compared to 2021.
Which country had the highest inflation rate in 2022?▾
Lebanon had the highest inflation rate in 2022 at 171.21%.
What is the inflation rate of Ghana in 2022?▾
The inflation rate of Ghana in 2022 was 31.26%. This ranked 184th globally.
How does 2022 compare to 2021 for Ghana's inflation rate?▾
Ghana's inflation rate went from 9.97% in 2021 to 31.26% in 2022, a 213.3% increase.
HistorySaid - pattern alert
Ghana matched the Currency Crisis Pattern pattern in 2022. Historically: 128 occurrences, 35 successful (27%). Outcome 24 months later: 22.8%. View full analysis →
Related
2021
2023
All years
Full ranking 2022
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