Military spending in Ghana

Ghana: Military spending was 385.16 million constant 2024 US$ in 2025. ◆ Volatile

Latest (2025)
385.16 million constant 2024 US$
Change on year
up 40.4%
World rank
115th
of 162 countries
All-time high
385.16 million constant 2024 US$
in 2025
All-time low
10.69 million constant 2024 US$
in 1983
Years of data
67
1958–2025

Military spending in Ghana, 1958–2025

0100.0M200.0M300.0M400.0M195819912025

Source: Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Measured in constant 2024 US$.

Analysis

Ghana recorded 385.16 million constant 2024 US$ for military spending in 2025. That is the highest value across all 67 years on record.

Compared with earlier readings it is up 40.4% on the previous year and up 84.6% over ten years.

Over the whole period, military spending in Ghana peaked at 385.16 million constant 2024 US$ in 2025 and was at its lowest, 10.69 million constant 2024 US$, in 1983.

Ghana ranks 115th of 162 countries on this measure, in the middle of the range.

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

Military spending in Ghana, year by year

Annual values for Military spending in Ghana, 1958 to 2025.
Year constant 2024 US$ Change
1958 46.62 million constant 2024 US$ —
1959 53.11 million constant 2024 US$ +13.9%
1960 93.55 million constant 2024 US$ +76.1%
1961 116.36 million constant 2024 US$ +24.4%
1962 108.44 million constant 2024 US$ -6.8%
1963 115.53 million constant 2024 US$ +6.5%
1964 110.17 million constant 2024 US$ -4.6%
1965 93.08 million constant 2024 US$ -15.5%
1966 109.39 million constant 2024 US$ +17.5%
1968 147.88 million constant 2024 US$ +35.2%
1969 152.60 million constant 2024 US$ +3.2%
1970 141.75 million constant 2024 US$ -7.1%
1971 115.05 million constant 2024 US$ -18.8%
1972 98.88 million constant 2024 US$ -14.1%
1973 99.78 million constant 2024 US$ +0.9%
1974 130.23 million constant 2024 US$ +30.5%
1975 123.31 million constant 2024 US$ -5.3%
1976 89.16 million constant 2024 US$ -27.7%
1977 56.36 million constant 2024 US$ -36.8%
1978 41.58 million constant 2024 US$ -26.2%
1979 27.49 million constant 2024 US$ -33.9%
1980 33.29 million constant 2024 US$ +21.1%
1981 24.93 million constant 2024 US$ -25.1%
1982 17.75 million constant 2024 US$ -28.8%
1983 10.69 million constant 2024 US$ -39.8%
1984 19.56 million constant 2024 US$ +83.0%
1985 37.91 million constant 2024 US$ +93.9%
1986 40.84 million constant 2024 US$ +7.7%
1987 42.23 million constant 2024 US$ +3.4%
1988 22.23 million constant 2024 US$ -47.4%
1989 23.54 million constant 2024 US$ +5.9%
1990 25.30 million constant 2024 US$ +7.5%
1991 36.25 million constant 2024 US$ +43.3%
1992 39.36 million constant 2024 US$ +8.6%
1993 46.03 million constant 2024 US$ +17.0%
1994 50.10 million constant 2024 US$ +8.8%
1995 51.12 million constant 2024 US$ +2.1%
1996 43.08 million constant 2024 US$ -15.7%
1997 43.19 million constant 2024 US$ +0.3%
1998 53.73 million constant 2024 US$ +24.4%
1999 60.97 million constant 2024 US$ +13.5%
2000 76.27 million constant 2024 US$ +25.1%
2001 45.05 million constant 2024 US$ -40.9%
2002 52.08 million constant 2024 US$ +15.6%
2003 63.21 million constant 2024 US$ +21.4%
2004 58.82 million constant 2024 US$ -7.0%
2005 58.48 million constant 2024 US$ -0.6%
2006 62.47 million constant 2024 US$ +6.8%
2007 95.84 million constant 2024 US$ +53.4%
2008 83.90 million constant 2024 US$ -12.5%
2009 97.50 million constant 2024 US$ +16.2%
2010 92.61 million constant 2024 US$ -5.0%
2011 172.16 million constant 2024 US$ +85.9%
2012 264.71 million constant 2024 US$ +53.8%
2013 195.03 million constant 2024 US$ -26.3%
2014 260.82 million constant 2024 US$ +33.7%
2015 208.61 million constant 2024 US$ -20.0%
2016 157.62 million constant 2024 US$ -24.4%
2017 180.12 million constant 2024 US$ +14.3%
2018 204.45 million constant 2024 US$ +13.5%
2019 232.61 million constant 2024 US$ +13.8%
2020 237.53 million constant 2024 US$ +2.1%
2021 277.48 million constant 2024 US$ +16.8%
2022 246.71 million constant 2024 US$ -11.1%
2023 288.28 million constant 2024 US$ +16.8%
2024 274.38 million constant 2024 US$ -4.8%
2025 385.16 million constant 2024 US$ +40.4%

Ghana compared with similar countries

  • Ghana's 385.16 million constant 2024 US$ is below the median for lower middle income countries, which is 557.82 million constant 2024 US$, 69% of the median. (39 countries reporting)
  • Ghana's 385.16 million constant 2024 US$ is above the median for Sub-Saharan Africa, which is 336.91 million constant 2024 US$, 1.1× the median. (45 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1950s 49.87 million constant 2024 US$ 46.62 million constant 2024 US$ 53.11 million constant 2024 US$ 2
1960s 116.33 million constant 2024 US$ 93.08 million constant 2024 US$ 152.60 million constant 2024 US$ 9
1970s 92.36 million constant 2024 US$ 27.49 million constant 2024 US$ 141.75 million constant 2024 US$ 10
1980s 27.30 million constant 2024 US$ 10.69 million constant 2024 US$ 42.23 million constant 2024 US$ 10
1990s 44.91 million constant 2024 US$ 25.30 million constant 2024 US$ 60.97 million constant 2024 US$ 10
2000s 69.36 million constant 2024 US$ 45.05 million constant 2024 US$ 97.50 million constant 2024 US$ 10
2010s 196.88 million constant 2024 US$ 92.61 million constant 2024 US$ 264.71 million constant 2024 US$ 10
2020s 284.92 million constant 2024 US$ 237.53 million constant 2024 US$ 385.16 million constant 2024 US$ 6

Countries ranked near Ghana

  1. 112 Nepal 429.02 million constant 2024 US$ compare
  2. 113 Paraguay 405.76 million constant 2024 US$ compare
  3. 114 Namibia 386.27 million constant 2024 US$ compare
  4. 116 North Macedonia 346.10 million constant 2024 US$ compare
  5. 117 Zambia 342.74 million constant 2024 US$ compare
  6. 118 Gabon 336.91 million constant 2024 US$ compare

See the full ranking of 162 places →

More reference data data for Ghana

All data for Ghana →

Frequently asked questions

What is military spending in Ghana?
Military spending in Ghana was 385.16 million constant 2024 US$ in 2025, according to Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data.
What is the highest military spending recorded in Ghana?
The highest recorded value was 385.16 million constant 2024 US$ in 2025.
What is the lowest military spending recorded in Ghana?
The lowest recorded value was 10.69 million constant 2024 US$ in 1983.
How does Ghana rank for military spending?
Ghana ranks 115th out of 162 countries with data for 2025.
Is military spending rising or falling in Ghana?
Over the last ten years it is up 84.6%. The long-run trend across the full record is volatile.
Where does this Ghana data come from?
The figures come from Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.

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Military spending in Ghana. Statizoid, drawing on Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Retrieved 28 September 2026, from https://reference.statizoid.com/stat/military-spending-sipri/ghana/

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About this data

Indicator
Military spending
Unit
constant 2024 US$
Source
Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
162 places, 8,341 data points, 1949–2025
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.