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Ghana inflation calculator

Consumer prices in Ghana rose 428.2% between January 2015 and September 2026. 100 in January 2015 has the buying power of 528.2 in September 2026, an average of 15.3% a year.

100.00 in January 2015 has the buying power of 528.21 in September 2026.

Price change
428.2%
Per year, compounded
15.3%
Conversion factor
5.2821

What 100 from each year is worth in September 2026

From100 then, in today's pricesPrice changeConversion factor
January 2015528.2428.2%5.2821
January 2016443.8343.8%4.4385
January 2017391.6291.6%3.9161
January 2018354.9254.9%3.5486
January 2019335.2235.2%3.3519
January 2020311.1211.1%3.1114
January 2021283.0183.0%2.8299
January 2022248.5148.5%2.4847
January 2023163.963.9%1.6395
January 2024132.832.8%1.3276
January 2025107.57.5%1.0748
January 2026103.53.5%1.0351

Questions

How does the Ghana inflation calculator work?

It divides Ghana's consumer price index in the month you convert to by the index in the month you start from. That ratio is the conversion factor: multiply any amount by it to restate the amount in the other month's prices. The index is the national, all-items CPI as republished by ILOSTAT, the International Labour Organization's statistics service, under CC BY 4.0.

How much has money lost its value in Ghana?

Consumer prices in Ghana rose 428.2% between January 2015 and September 2026. 100 in January 2015 has the buying power of 528.2 in September 2026, an average of 15.3% a year.

Can I use the conversion factor for IAS 29 restatement?

The conversion factor is the ratio of two general price index levels, which is the arithmetic IAS 29 restatement uses. Which index to use, and whether the standard applies at all, is a judgement for the reporting entity and its auditor. This page is not accounting advice.

Why does the calculator start in 2015?

The monthly series we hold starts in 2015. Older months are left out rather than estimated.

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