Inflation Ghana 2001
Average inflation: 43.5%
Current Inflation
Inflation is very high at 43.5%, far above the ECB target.
Peak and Trough
The highest inflation was in March at 63.0%. The lowest inflation was in December at 20.9%.
- Highest month
- March: 63.0%
- Lowest month
- December: 20.9%
- Difference
- 42.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 46.6%. The lowest price increase was in Food with an average of 46.6%.
- Highest increase
- Food: 46.6%
- Lowest increase
- Food: 46.6%
Historical Context
Current inflation is 18.0% higher than the 5-year average of 25.5%. This approaches the highest level since records began (43.5% in 2001).
- 5-year average
- 25.5%
- 10-year average
- 25.5%
- All-time high (2001)
- 43.5%
- All-time low (1999)
- 5%
Trend
Inflation shows an upward trend. Compared to 2000, inflation has risen by +3.3 percentage point.
- Change vs. previous year
- +3.3 percentage points
- Largest monthly swing
- January: +47.2 percentage points
ECB Target
Inflation is 41.5% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €143.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2001
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2000 |
|---|---|---|
| January | 59.5% | +47.2 |
| February | 60.7% | +44.2 |
| March | 63.0% | +43.1 |
| April | 59.6% | +36.2 |
| May | 53.7% | +19.7 |
| June | 48.1% | +9.0 |
| July | 43.1% | -3.0 |
| August | 33.9% | -18.6 |
| September | 27.9% | -30.0 |
| October | 26.5% | -33.7 |
| November | 24.9% | -33.3 |
| December | 20.9% | -41.3 |
| Average | 43.5% |
Data source
Data from WorldBank. Last updated: 06/01/2026.