Government Spending in Ghana increased to 31036.46 GHS Million in 2019 from 27096.76 GHS Million in 2018.

Government Spending in Ghana averaged 17634.56 GHS Million from 2013 until 2019, reaching an all time high of 31036.46 GHS Million in 2019 and a record low of 7678.78 GHS Million in 2017. This page provides the latest reported value for - Ghana Government Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ghana Government Spending - values, historical data and charts - was last updated on October of 2020. source: Ghana Statistical Service

Government Spending in Ghana is expected to reach 31688.00 GHS Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ghana Government Spending is projected to trend around 33399.00 GHS Million in 2021 and 35403.00 GHS Million in 2022, according to our econometric models.

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Ghana Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
31036.46 27096.76 31036.46 7678.78 2013 - 2019 GHS Million Yearly
Constant Prices 2013, NSA

Ghana Government Last Previous Highest Lowest Unit
Government Debt to GDP 59.30 57.30 79.20 18.50 percent [+]
Government Budget -4.80 -3.90 -0.40 -24.20 percent of GDP [+]
Military Expenditure 211.00 189.00 278.00 9.40 USD Million [+]
Credit Rating 23.00 [+]
Government Spending 31036.46 27096.76 31036.46 7678.78 GHS Million [+]

Ghana Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.