Annual Inflation Rate of Ghana
Updated on February 12, 2022.

The annual inflation rate of Ghana as measured by the consumer prices index was 9.89% in 2020, a difference of +2.75% (38.52% increase) from 2019, according to recent data from the World Bank.

The World Bank defines inflation measured by the consumer price index as "the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly".

The chart and table below shows the Inflation of Ghana for 1965 - 2020.

Data Source: World Bank.
Annual Inflation Rate of Ghana (%)
Table of Annual Inflation Rate of Ghana
Items per page:
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Year Inflation (%)
1965 26.45
1966 13.24
1967 -8.42
1968 7.9
1969 7.32
1970 3.03
1971 9.56
1972 10.07
1973 17.68
1974 18.14
1975 29.83
1976 56.08
1977 116.45
1978 73.09
1979 54.44
1980 50.07
1981 116.5
1982 22.3
1983 122.88
1984 39.67
1985 10.31
1986 24.57
1987 39.82
1988 31.36
1989 25.22
1990 37.26
1991 18.03
1992 10.06
1993 24.96
1994 24.87
1995 59.46
1996 46.56
1997 27.89
1998 14.62
1999 4.87
2000 40.24
2001 41.51
2002 9.36
2003 29.77
2004 18.04
2005 15.44
2006 11.68
2007 10.73
2008 16.5
2009 19.25
2010 10.73
2011 8.73
2012 11.19
2013 11.67
2014 15.49
2015 17.15
2016 17.45
2017 12.37
2018 7.81
2019 7.14
2020 9.89