Ghana—Military Expenditure (USD)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #115 of 156Updated April 2026
Latest Value
$268.7M
2024
YoY Change
-5.8%
2023 → 2024
Global Rank
#115
of 156 countries
Maximum
$337.3M
2012
Minimum
$32.4M
2001
CAGR
+7.2%
25 years
Last
$268.7M
Previous
$285.4M
Highest
$337.3M
Lowest
$32.4M
Source
World Bank World Development Indicators
Ghana's military expenditure (usd) was $268.7M in 2024, ranking #115 out of 156 countries. This represents a -5.8% change from 2023. Over the past 25 years, the highest recorded value was $337.3M (2012) and the lowest was $32.4M (2001). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | $268.7M | -5.8% |
| 2023 | $285.4M | +24.5% |
| 2022 | $229.3M | -23.1% |
| 2021 | $298.3M | +24.4% |
| 2020 | $239.9M | +2.8% |
| 2019 | $233.3M | +6.8% |
| 2018 | $218.4M | +15.5% |
| 2017 | $189.1M | +16.9% |
| 2016 | $161.8M | -15.1% |
| 2015 | $190.5M | -24.6% |
| 2014 | $252.7M | -0.9% |
| 2013 | $255.0M | -24.4% |
| 2012 | $337.3M | +43.9% |
| 2011 | $234.3M | +91.3% |
| 2010 | $122.5M | +3.5% |
| 2009 | $118.3M | +4.1% |
| 2008 | $113.7M | -9.8% |
| 2007 | $126.1M | +66.5% |
| 2006 | $75.7M | +18.0% |
| 2005 | $64.2M | +13.9% |
| 2004 | $56.4M | +5.8% |
| 2003 | $53.2M | +44.0% |
| 2002 | $37.0M | +14.3% |
| 2001 | $32.4M | -36.4% |
| 2000 | $50.9M |
Top Countries — Military Expenditure (USD)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | United States | $997.31B | 2024 |
| 2 | China | $313.66B | 2024 |
| 3 | Russian Federation | $148.97B | 2024 |
| 4 | Germany | $88.46B | 2024 |
| 5 | India | $86.13B | 2024 |
| 6 | United Kingdom | $81.76B | 2024 |
| 7 | Saudi Arabia | $80.33B | 2024 |
| 8 | Ukraine | $64.70B | 2024 |
| 9 | France | $64.68B | 2024 |
| 10 | Japan | $55.27B | 2024 |