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Ghana Military Spending

Military expenditure as % of GDP  MS.MIL.XPND.GD.ZS

0.40% +0.01% (+2.9%)
Year 2025 Rank #143 Global Peak 2.66% (1968) Source World Bank

Ghana Military Spending (1960–2025)

Overview

Ghana's military spending stood at 0.40% in 2025, a rise of +0.01% from 2024. Based on recent trends, this figure is projected to reach 0.40% by 2025. Ghana ranked 143rd globally.

Data & projection

Year Military Spending YoY change Rank
2027* trend 0.41% - -
2026* trend 0.40% - -
2025* trend 0.40% - -
2025 0.40% +0.01% #143
2024 0.38% −0.01% #7
2023 0.40% +0.06% #6
2022 0.34% −0.04% #4
2021 0.38% +0.03% #6
2020 0.35% +0.01% #4
2019 0.34% +0.02% #4
2018 0.33% +0.01% #4
2017 0.31% +0.02% #4
2016 0.29% −0.10% #3
2015 0.39% −0.09% #5
2014 0.48% +0.08% #11
2013 0.40% −0.19% #6
2012 0.59% +0.16% #16
2011 0.44% +0.15% #6
Show all years (1960-2025)
* Linear trend extrapolation

Detected Pattern

Currency Crisis Pattern
Rapid currency depreciation (>30% YoY) combined with reserve drawdown and inflation surge. Often precedes emergency rate hikes.
Inflation 38.1% Reserves YoY -30.4% FX YoY +33.2%
Occurred 128 times, 35 successful
Inflation
133.5%
Reserves YoY
-48.5%
FX YoY
+126.8%
Inflation
38.1%
Reserves YoY
-30.4%
FX YoY
+33.2%
Inflation
221.3%
Reserves YoY
-15.4%
FX YoY
+820.4%
Inflation
47.6%
Reserves YoY
-20.6%
FX YoY
+51.7%
Inflation
667.4%
Reserves YoY
-80.7%
FX YoY
+835.9%
Inflation
31.3%
Reserves YoY
-47.5%
FX YoY
+42.5%
24 mo later
22.8%

Analysis

Ghana matched the Currency Crisis Pattern pattern in 2023. Historically, 27% of countries showing this pattern (35 out of 128) saw military spending improve within 24 months. View full analysis →

Frequently Asked Questions

What is Ghana's military spending?

Ghana's military spending was 0.40% in 2025. Ranked 143rd globally. This represents a 2.9% increase from the previous year.

What was the highest military spending in Ghana?

Ghana's military spending peaked at 2.66% in 1968.

What was the lowest military spending in Ghana?

The lowest military spending in Ghana was 0.26% in 2002.

How does Ghana rank in military spending?

Ghana ranks 143rd globally in military spending as of 2025.

What is the World Bank indicator code for military spending?

The World Bank indicator code is MS.MIL.XPND.GD.ZS. Data sourced from World Bank.

What is the projected military spending of Ghana in 2025?

Ghana's military spending is projected to reach 0.40% by 2025 based on trend extrapolation.

What is the military spending of Ghana in 2025?

The military spending of Ghana in 2025 was 0.40%. This ranks 143rd in the world.

Cite this page

APA
Ghana Military Spending. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/ghana/military-spending
BibTeX
@misc{historysaid_ghana_military-spending, title = {Ghana Military Spending}, url = {https://historysaid.com/ghana/military-spending}, publisher = {HistorySaid}, year = {2026} }