Military spending, per unit of GDP in Ghana

Ghana: Military spending, per unit of GDP was 0.004 constant 2022 US$ per US$ of GDP in 2023. ◆ Volatile

Latest (2023)
0.004 constant 2022 US$ per US$ of GDP
Change on year
down 4.4%
World rank
162nd
of 170 countries
All-time high
0.2064 constant 2022 US$ per US$ of GDP
in 1968
All-time low
0.0039 constant 2022 US$ per US$ of GDP
in 2018
Years of data
64
1960–2023

Military spending, per unit of GDP in Ghana, 1960–2023

00.050.10.150.2196019912023

Source: Statizoid (derived). Measured in constant 2022 US$ per US$ of GDP.

Analysis

In 2023, military spending, per unit of gdp in Ghana stood at 0.004 constant 2022 US$ per US$ of GDP.

That represents a change of down 4.4% on the previous year and down 15.0% over ten years.

Over the whole period, military spending, per unit of gdp in Ghana peaked at 0.2064 constant 2022 US$ per US$ of GDP in 1968 and was at its lowest, 0.0039 constant 2022 US$ per US$ of GDP, in 2018.

That places Ghana 162nd out of 170 countries with data for 2023, putting it in the bottom quarter.

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

Military spending, per unit of GDP in Ghana, year by year

Annual values for Military spending, per unit of GDP in Ghana, 1960 to 2023.
Year constant 2022 US$ per US$ of GDP Change
1960 0.1029 constant 2022 US$ per US$ of GDP
1961 0.1362 constant 2022 US$ per US$ of GDP +32.3%
1962 0.1437 constant 2022 US$ per US$ of GDP +5.5%
1963 0.1398 constant 2022 US$ per US$ of GDP -2.7%
1964 0.13 constant 2022 US$ per US$ of GDP -7.0%
1965 0.117 constant 2022 US$ per US$ of GDP -10.0%
1966 0.1243 constant 2022 US$ per US$ of GDP +6.2%
1967 0.1903 constant 2022 US$ per US$ of GDP +53.1%
1968 0.2064 constant 2022 US$ per US$ of GDP +8.5%
1969 0.173 constant 2022 US$ per US$ of GDP -16.2%
1970 0.1457 constant 2022 US$ per US$ of GDP -15.8%
1971 0.1202 constant 2022 US$ per US$ of GDP -17.4%
1972 0.1221 constant 2022 US$ per US$ of GDP +1.5%
1973 0.0893 constant 2022 US$ per US$ of GDP -26.9%
1974 0.1159 constant 2022 US$ per US$ of GDP +29.9%
1975 0.1316 constant 2022 US$ per US$ of GDP +13.5%
1976 0.1286 constant 2022 US$ per US$ of GDP -2.3%
1977 0.1016 constant 2022 US$ per US$ of GDP -21.0%
1978 0.0894 constant 2022 US$ per US$ of GDP -11.9%
1979 0.0737 constant 2022 US$ per US$ of GDP -17.6%
1980 0.0594 constant 2022 US$ per US$ of GDP -19.4%
1981 0.0613 constant 2022 US$ per US$ of GDP +3.2%
1982 0.0599 constant 2022 US$ per US$ of GDP -2.3%
1983 0.0225 constant 2022 US$ per US$ of GDP -62.4%
1984 0.0207 constant 2022 US$ per US$ of GDP -8.1%
1985 0.0221 constant 2022 US$ per US$ of GDP +6.6%
1986 0.0157 constant 2022 US$ per US$ of GDP -28.8%
1987 0.015 constant 2022 US$ per US$ of GDP -4.7%
1988 0.0097 constant 2022 US$ per US$ of GDP -35.0%
1989 0.0111 constant 2022 US$ per US$ of GDP +13.7%
1990 0.0105 constant 2022 US$ per US$ of GDP -5.1%
1991 0.0103 constant 2022 US$ per US$ of GDP -2.0%
1992 0.0119 constant 2022 US$ per US$ of GDP +15.1%
1993 0.0138 constant 2022 US$ per US$ of GDP +16.1%
1994 0.0184 constant 2022 US$ per US$ of GDP +33.5%
1995 0.018 constant 2022 US$ per US$ of GDP -2.3%
1996 0.0171 constant 2022 US$ per US$ of GDP -4.9%
1997 0.0181 constant 2022 US$ per US$ of GDP +5.9%
1998 0.0169 constant 2022 US$ per US$ of GDP -6.5%
1999 0.0147 constant 2022 US$ per US$ of GDP -13.1%
2000 0.015 constant 2022 US$ per US$ of GDP +2.5%
2001 0.0112 constant 2022 US$ per US$ of GDP -25.3%
2002 0.0095 constant 2022 US$ per US$ of GDP -15.2%
2003 0.0086 constant 2022 US$ per US$ of GDP -10.2%
2004 0.0089 constant 2022 US$ per US$ of GDP +3.9%
2005 0.0087 constant 2022 US$ per US$ of GDP -2.5%
2006 0.0051 constant 2022 US$ per US$ of GDP -40.7%
2007 0.0048 constant 2022 US$ per US$ of GDP -5.8%
2008 0.0046 constant 2022 US$ per US$ of GDP -4.3%
2009 0.0052 constant 2022 US$ per US$ of GDP +11.8%
2010 0.0044 constant 2022 US$ per US$ of GDP -15.1%
2011 0.0045 constant 2022 US$ per US$ of GDP +1.8%
2012 0.0044 constant 2022 US$ per US$ of GDP -2.7%
2013 0.0047 constant 2022 US$ per US$ of GDP +6.8%
2014 0.0054 constant 2022 US$ per US$ of GDP +15.0%
2015 0.0054 constant 2022 US$ per US$ of GDP +1.0%
2016 0.0042 constant 2022 US$ per US$ of GDP -22.8%
2017 0.004 constant 2022 US$ per US$ of GDP -3.7%
2018 0.0039 constant 2022 US$ per US$ of GDP -4.2%
2019 0.0043 constant 2022 US$ per US$ of GDP +12.1%
2020 0.0043 constant 2022 US$ per US$ of GDP +0.1%
2021 0.004 constant 2022 US$ per US$ of GDP -7.3%
2022 0.0041 constant 2022 US$ per US$ of GDP +3.2%
2023 0.004 constant 2022 US$ per US$ of GDP -4.4%

Ghana compared with similar countries

  • Ghana's 0.004 constant 2022 US$ per US$ of GDP is below the median for lower middle income countries, which is 0.0153 constant 2022 US$ per US$ of GDP, 26% of the median. (42 countries reporting)
  • Ghana's 0.004 constant 2022 US$ per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.0159 constant 2022 US$ per US$ of GDP, 25% of the median. (46 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.1464 constant 2022 US$ per US$ of GDP 0.1029 constant 2022 US$ per US$ of GDP 0.2064 constant 2022 US$ per US$ of GDP 10
1970s 0.1118 constant 2022 US$ per US$ of GDP 0.0737 constant 2022 US$ per US$ of GDP 0.1457 constant 2022 US$ per US$ of GDP 10
1980s 0.0297 constant 2022 US$ per US$ of GDP 0.0097 constant 2022 US$ per US$ of GDP 0.0613 constant 2022 US$ per US$ of GDP 10
1990s 0.015 constant 2022 US$ per US$ of GDP 0.0103 constant 2022 US$ per US$ of GDP 0.0184 constant 2022 US$ per US$ of GDP 10
2000s 0.0082 constant 2022 US$ per US$ of GDP 0.0046 constant 2022 US$ per US$ of GDP 0.015 constant 2022 US$ per US$ of GDP 10
2010s 0.0045 constant 2022 US$ per US$ of GDP 0.0039 constant 2022 US$ per US$ of GDP 0.0054 constant 2022 US$ per US$ of GDP 10
2020s 0.0041 constant 2022 US$ per US$ of GDP 0.004 constant 2022 US$ per US$ of GDP 0.0043 constant 2022 US$ per US$ of GDP 4

Countries ranked near Ghana

  1. 159 Moldova 0.0049 constant 2022 US$ per US$ of GDP compare
  2. 160 Guatemala 0.0047 constant 2022 US$ per US$ of GDP compare
  3. 161 Sierra Leone 0.0044 constant 2022 US$ per US$ of GDP compare
  4. 163 Papua New Guinea 0.0038 constant 2022 US$ per US$ of GDP compare
  5. 164 Ireland 0.0027 constant 2022 US$ per US$ of GDP compare
  6. 165 Mauritius 0.0021 constant 2022 US$ per US$ of GDP compare

See the full ranking of 170 places →

More reference data data for Ghana

All data for Ghana →

Frequently asked questions

What is military spending, per unit of gdp in Ghana?
Military spending, per unit of gdp in Ghana was 0.004 constant 2022 US$ per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest military spending, per unit of gdp recorded in Ghana?
The highest recorded value was 0.2064 constant 2022 US$ per US$ of GDP in 1968.
What is the lowest military spending, per unit of gdp recorded in Ghana?
The lowest recorded value was 0.0039 constant 2022 US$ per US$ of GDP in 2018.
How does Ghana rank for military spending, per unit of gdp?
Ghana ranks 162nd out of 170 countries with data for 2023.
Is military spending, per unit of gdp rising or falling in Ghana?
Over the last ten years it is down 15.0%. The long-run trend across the full record is volatile.
Where does this Ghana data come from?
The figures come from Statizoid (derived), published as part of Military spending, per unit of GDP. Statizoid updates them automatically from the source API.

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Military spending, per unit of GDP in Ghana. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-per-unit-of-gdp-2/ghana/

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How this figure is calculated

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Military spending ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military spending, per unit of GDP
Unit
constant 2022 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
170 places, 9,064 data points, 1960–2023
Last refreshed

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.