Ghana Military Spending/Defense Budget 1960-2024

Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).
  • Ghana military spending/defense budget for 2022 was $0.23B, a 23.15% decline from 2021.
  • Ghana military spending/defense budget for 2021 was $0.30B, a 24.37% increase from 2020.
  • Ghana military spending/defense budget for 2020 was $0.24B, a 2.81% increase from 2019.
  • Ghana military spending/defense budget for 2019 was $0.23B, a 6.81% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
India $81.36B
Ukraine $44.00B
Pakistan $10.34B
Indonesia $8.99B
Morocco $5.00B
Bangladesh $4.81B
Egypt $4.65B
Philippines $3.97B
Nigeria $3.11B
Myanmar $1.86B
Angola $1.62B
Tunisia $1.16B
Kenya $1.14B
Sri Lanka $1.05B
Bolivia $0.64B
Cambodia $0.61B
Honduras $0.48B
El Salvador $0.42B
Cameroon $0.42B
Georgia $0.36B
Zambia $0.33B
Republic of Congo $0.27B
Ghana $0.23B
Mauritania $0.23B
Kyrgyz Republic $0.15B
Mongolia $0.12B
Kosovo $0.11B
Papua New Guinea $0.10B
Nicaragua $0.08B
Eswatini $0.07B
Moldova $0.05B
Timor-Leste $0.04B
Lesotho $0.03B
Cabo Verde $0.01B
Ghana Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2022 $0.23B 0.35%
2021 $0.30B 0.38%
2020 $0.24B 0.35%
2019 $0.23B 0.34%
2018 $0.22B 0.33%
2017 $0.19B 0.31%
2016 $0.16B 0.29%
2015 $0.19B 0.39%
2014 $0.25B 0.49%
2013 $0.25B 0.40%
2012 $0.34B 0.59%
2011 $0.23B 0.44%
2010 $0.12B 0.28%
2009 $0.12B 0.34%
2008 $0.11B 0.29%
2007 $0.13B 0.37%
2006 $0.08B 0.26%
2005 $0.06B 0.26%
2004 $0.06B 0.28%
2003 $0.05B 0.30%
2002 $0.04B 0.26%
2001 $0.03B 0.26%
2000 $0.05B 0.44%
1999 $0.06B 0.33%
1998 $0.06B 0.33%
1997 $0.05B 0.29%
1996 $0.04B 0.29%
1995 $0.05B 0.34%
1994 $0.04B 0.43%
1993 $0.04B 0.42%
1992 $0.04B 0.38%
1991 $0.04B 0.37%
1990 $0.03B 0.28%
1989 $0.02B 0.43%
1988 $0.02B 0.44%
1987 $0.04B 0.89%
1986 $0.05B 0.90%
1985 $0.06B 1.00%
1984 $0.04B 0.59%
1983 $0.07B 0.34%
1981 $0.20B 0.74%
1980 $0.12B 0.77%
1979 $0.07B 0.65%
1978 $0.10B 0.85%
1977 $0.12B 1.25%
1976 $0.09B 1.57%
1975 $0.08B 1.71%
1974 $0.06B 1.58%
1973 $0.04B 1.36%
1972 $0.03B 1.43%
1971 $0.04B 1.70%
1970 $0.05B 2.12%
1969 $0.05B 2.50%
1968 $0.04B 2.66%
1967 $0.00B 2.66%
1966 $0.05B 2.23%
1965 $0.04B 1.73%
1964 $0.03B 1.92%
1963 $0.03B 2.02%
1962 $0.03B 2.00%
1961 $0.03B 2.10%
1960 $0.02B 1.71%