Ghana - Military Expenditure
Since 2014, Ghana Military Expenditure fell by 1.6% year on year. In 2019, the country was ranked number 112 comparing other countries in Military Expenditure with $233,320,137.04. Ghana is overtaken by Chad, which was number 111 with $234,709,654.96 and is followed by Afghanistan at $226,874,362.21. United States lead the ranking with $731,751,400,000 in 2019, an increase of 7.2% compared to 2018. China, India and Russia respectively ranked number 2, 3 and 4 in this ranking. Bulgaria witnessed the best average annual growth at +23.3% per year, while Venezuela was the worst growing country at -55.3% per year.
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| Date | US Dollars |
|---|---|
| 2019 | 233,320,137.04 |
| 2018 | 218,444,253.59 |
| 2017 | 189,129,841.49 |
| 2016 | 161,751,874.26 |
| 2015 | 190,540,362.00 |
Download all data from 1960 to 2019
How does Ghana rank in Military Expenditure?
| # | 156 Countries | US Dollars | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
731,751,400,000.00 | 2019 | +7.2 % | +2.5 % | View data | |
| 2 |
#2
China
|
261,081,940,426.67 | 2019 | +3.0 % | +5.4 % | View data | |
| 111 |
#111
Chad
|
234,709,654.96 | 2019 | -7.3 % | -9.8 % | View data | |
| 112 |
#112
Ghana
|
233,320,137.04 | 2019 | +6.8 % | -1.6 % | View data | |
| 113 |
#113
Afghanistan
|
226,874,362.21 | 2019 | +14.5 % | -3.3 % | View data | |