Military spending gmsd in Ghana

Ghana: Military spending gmsd was 318.88 million in 2023. ◆ Volatile

Latest (2023)
318.88 million
Change on year
up 4.2%
World rank
126th
of 172 countries
All-time high
369.76 million
in 1975
All-time low
35.18 million
in 1957
Years of data
67
1957–2023

Military spending gmsd in Ghana, 1957–2023

0100.0M200.0M300.0M400.0M195719902023

Source: Our World in Data.

Analysis

In 2023, military spending gmsd in Ghana stood at 318.88 million.

Compared with earlier readings it is up 4.2% on the previous year and up 8.9% over ten years.

Over the whole period, military spending gmsd in Ghana peaked at 369.76 million in 1975 and was at its lowest, 35.18 million, in 1957.

That places Ghana 126th out of 172 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending gmsd in Ghana, year by year

Annual values for Military spending gmsd in Ghana, 1957 to 2023.
Year Value Change
1957 35.18 million —
1958 40.33 million +14.6%
1959 74.14 million +83.9%
1960 125.31 million +69.0%
1961 177.42 million +41.6%
1962 198.70 million +12.0%
1963 215.47 million +8.4%
1964 225.08 million +4.5%
1965 240.29 million +6.8%
1966 264.20 million +9.9%
1967 332.48 million +25.8%
1968 344.08 million +3.5%
1969 339.50 million -1.3%
1970 322.62 million -5.0%
1971 290.65 million -9.9%
1972 257.92 million -11.3%
1973 268.36 million +4.0%
1974 335.56 million +25.0%
1975 369.76 million +10.2%
1976 355.67 million -3.8%
1977 323.92 million -8.9%
1978 327.58 million +1.1%
1979 296.30 million -9.5%
1980 264.00 million -10.9%
1981 258.87 million -1.9%
1982 241.71 million -6.6%
1983 91.47 million -62.2%
1984 91.37 million -0.1%
1985 99.47 million +8.9%
1986 90.24 million -9.3%
1987 76.05 million -15.7%
1988 50.61 million -33.5%
1989 58.15 million +14.9%
1990 61.87 million +6.4%
1991 68.02 million +9.9%
1992 76.07 million +11.8%
1993 82.16 million +8.0%
1994 100.11 million +21.9%
1995 116.09 million +16.0%
1996 118.38 million +2.0%
1997 124.61 million +5.3%
1998 126.46 million +1.5%
1999 113.31 million -10.4%
2000 74.97 million -33.8%
2001 59.73 million -20.3%
2002 58.76 million -1.6%
2003 65.35 million +11.2%
2004 79.02 million +20.9%
2005 93.22 million +18.0%
2006 107.45 million +15.3%
2007 120.36 million +12.0%
2008 132.99 million +10.5%
2009 135.09 million +1.6%
2010 141.81 million +5.0%
2011 176.41 million +24.4%
2012 180.03 million +2.0%
2013 292.73 million +62.6%
2014 292.83 million +0.0%
2015 267.50 million -8.7%
2016 234.62 million -12.3%
2017 242.94 million +3.5%
2018 259.31 million +6.7%
2019 295.49 million +14.0%
2020 303.10 million +2.6%
2021 319.26 million +5.3%
2022 306.16 million -4.1%
2023 318.88 million +4.2%

Ghana compared with similar countries

  • Ghana's 318.88 million is below the median for lower middle income countries, which is 485.52 million, 66% of the median. (42 countries reporting)
  • Ghana's 318.88 million is below the median for Sub-Saharan Africa, which is 350.64 million, 91% of the median. (46 countries reporting)

Biggest year-on-year movements

Years where Military spending gmsd in Ghana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1959 +83.9% 40.33 million 74.14 million

Averages by decade

DecadeAverage LowestHighest Years
1950s 49.88 million 35.18 million 74.14 million 3
1960s 246.25 million 125.31 million 344.08 million 10
1970s 314.83 million 257.92 million 369.76 million 10
1980s 132.19 million 50.61 million 264.00 million 10
1990s 98.71 million 61.87 million 126.46 million 10
2000s 92.69 million 58.76 million 135.09 million 10
2010s 238.37 million 141.81 million 295.49 million 10
2020s 311.85 million 303.10 million 319.26 million 4

Countries ranked near Ghana

  1. 123 Gabon 342.88 million compare
  2. 124 Niger 341.19 million compare
  3. 125 Trinidad and Tobago 323.77 million compare
  4. 127 Togo 314.46 million compare
  5. 128 Lebanon 307.11 million compare
  6. 129 Mauritania 293.81 million compare

See the full ranking of 172 places →

More reference data data for Ghana

All data for Ghana →

Frequently asked questions

What is military spending gmsd in Ghana?
Military spending gmsd in Ghana was 318.88 million in 2023, according to Our World in Data.
What is the highest military spending gmsd recorded in Ghana?
The highest recorded value was 369.76 million in 1975.
What is the lowest military spending gmsd recorded in Ghana?
The lowest recorded value was 35.18 million in 1957.
How does Ghana rank for military spending gmsd?
Ghana ranks 126th out of 172 countries with data for 2023.
Is military spending gmsd rising or falling in Ghana?
Over the last ten years it is up 8.9%. The long-run trend across the full record is volatile.
Where does this Ghana data come from?
The figures come from Our World in Data, published as part of Military spending gmsd. Statizoid updates them automatically from the source API.

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Military spending gmsd in Ghana. Statizoid, drawing on Our World in Data. Retrieved 13 November 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/ghana/

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About this data

Indicator
Military spending gmsd
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed