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Ghana inflation calculator

Consumer prices in Ghana rose 427.4% between January 2015 and July 2026. 100 in January 2015 has the buying power of 527.4 in July 2026, an average of 15.6% a year.

100.00 in January 2015 has the buying power of 527.39 in July 2026.

Price change
427.4%
Per year, compounded
15.6%
Conversion factor
5.2739

What 100 from each year is worth in July 2026

From100 then, in today's pricesPrice changeConversion factor
January 2015527.4427.4%5.2739
January 2016443.2343.2%4.4316
January 2017391.0291.0%3.9100
January 2018354.3254.3%3.5431
January 2019334.7234.7%3.3467
January 2020310.7210.7%3.1066
January 2021282.6182.6%2.8255
January 2022248.1148.1%2.4808
January 2023163.763.7%1.6370
January 2024132.632.6%1.3256
January 2025107.37.3%1.0732
January 2026103.33.3%1.0335

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 427.4% between January 2015 and July 2026. 100 in January 2015 has the buying power of 527.4 in July 2026, an average of 15.6% 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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