Ghana PPP Conversion Factor
PPP conversion factor, GDP PA.NUS.PPP
Ghana's ppp conversion factor was 4.61 in 2025, ranked 105th globally. This represents a 8.9% increase from 2024. Data from World Bank, covering 1990–2025.
Overview
Ghana's ppp conversion factor stood at 4.61 in 2025, a rise of +0.38 from 2024. Based on recent trends, this figure is projected to reach 4.61 by 2025. Ghana ranked 105th globally.
Ghana’s purchasing power parity (PPP) conversion factor has risen dramatically from 0.02 in 1990 to 4.61 in 2025, representing the all‑time peak for the 36‑year series and placing the country at rank 105 globally. This increase reflects sustained real income growth, structural reforms, and higher domestic price levels relative to the United States dollar, which the factor measures. By comparison, peer economies such as Greenland (4.86) and Macao SAR, China (4.35) record slightly higher conversion factors, indicating that Ghana’s recent trajectory is converging toward the upper‑mid range of the global distribution. The steep climb from the early‑1990s trough to the current peak underscores a shift from a low‑income, agrarian base to a more diversified, industrialising economy. Continued improvements in productivity, investment in infrastructure and stable macro‑policy could keep the PPP conversion factor on an upward path, while external shocks or fiscal imbalances would be likely to temper further gains.
Data & projection
| Year | PPP Conversion Factor | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 5.76 | - | - |
| 2026* trend | 5.18 | - | - |
| 2025* trend | 4.61 | - | - |
| 2025 | 4.61 | +0.38 | #105 |
| 2024 | 4.23 | +0.76 | #88 |
| 2023 | 3.48 | +0.91 | #90 |
| 2022 | 2.57 | +0.42 | #87 |
| 2021 | 2.15 | +0.12 | #82 |
| 2020 | 2.03 | +0.13 | #82 |
| 2019 | 1.90 | +0.08 | #81 |
| 2018 | 1.82 | +0.13 | #80 |
| 2017 | 1.69 | +0.20 | #76 |
| 2016 | 1.49 | +0.26 | #70 |
| 2015 | 1.23 | +0.21 | #61 |
| 2014 | 1.03 | +0.15 | #56 |
| 2013 | 0.87 | +0.11 | #45 |
| 2012 | 0.76 | +0.06 | #37 |
| 2011 | 0.70 | +0.07 | #27 |
Detected Pattern
Analysis
Ghana matched the Currency Crisis Pattern pattern in 2023. Historically, 27% of countries showing this pattern (35 out of 128) saw ppp conversion factor improve within 24 months. View full analysis →
Frequently Asked Questions
Ghana's ppp conversion factor was 4.61 in 2025. Ranked 105th globally. This represents a 8.9% increase from the previous year.
Ghana's ppp conversion factor peaked at 4.61 in 2025.
The lowest ppp conversion factor in Ghana was 0.02 in 1990.
Ghana ranks 105th globally in ppp conversion factor as of 2025.
The World Bank indicator code is PA.NUS.PPP. Data sourced from World Bank.
Ghana's ppp conversion factor is projected to reach 4.61 by 2025 based on trend extrapolation.
The ppp conversion factor of Ghana in 2025 was 4.61. This ranks 105th in the world.
Cite this page
@misc{historysaid_ghana_ppp-conversion-factor,
title = {Ghana PPP Conversion Factor},
url = {https://historysaid.com/ghana/ppp-conversion-factor/},
publisher = {HistorySaid},
year = {2026}
}