Current inflation Ghana 23.1%
February 2025
Current Inflation
Inflation is very high at 23.3%, far above the ECB target.
Historical Context
Current inflation is 1.9% lower than the 5-year average of 25.2%.
- 5-year average
- 25.2%
- 10-year average
- 18.1%
- All-time high (2001)
- 43.5%
- All-time low (1999)
- 5%
Trend
Inflation shows a downward trend. Compared to 2024, inflation has fallen by +0.4 percentage point.
ECB Target
Inflation is 21.3% 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 €123.30 next year at this inflation rate.
Last 12 months
5-year trend
Statistics
- This year (avg.)
- 23.3%
- Last year
- 22.9%
- 5-year average
- 23.3%
- All-time high (2001)
- 43.5%