Military expenditure in local currency rose 28.4% to GHS 0.822 bil in Ghana in 2017, according to the SIPRI Military Expenditure Database.
Historically, military expenditure in local currency in Ghana reached an all time high of GHS 0.822 bil in 2017 and an all time low of GHS < 0.001 bil in 1960. When compared to Ghana's main peers, military expenditure in local currency in Benin amounted to XOF 67.9 bil, XOF 291 bil in Ivory Coast and XOF 51.9 bil in Togo in 2017.
Ghana has been ranked 123rd within the group of 147 countries we follow in terms of military expenditure in local currency, 18 places above the position seen 10 years ago.
| Military Expenditure (Local Currency) | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| Benin | XOF bil | ... | ... | ... | ... | 47.2 | 67.9 | 50.1 | 39.9 | 41.3 | ||||||||||||
| Burkina Faso | XOF bil | 88.6 | 112 | 170 | 210 | 220 | ||||||||||||||||
| Ghana | GHS bil | 0.640 | 0.822 | 1.01 | 1.23 | 1.38 | ||||||||||||||||
| Guinea | GNF bil | ... | ... | ... | ... | ... | ... | ... | 1,451 | 1,656 | 1,785 | 1,819 | 1,993 | |||||||||
| Ivory Coast | XOF bil | ... | 357 | 295 | 338 | 314 | 349 | |||||||||||||||
| Liberia | LRD bil | ... | ... | 0.015 | 0.013 | 0.013 | 0.013 | 0.013 | ||||||||||||||
| Mali | XOF bil | 215 | 270 | 268 | 279 | 342 | ||||||||||||||||
| Niger | XOF bil | ... | ... | ... | 98.6 | 118 | 128 | 145 | 137 | |||||||||||||
| Nigeria | NGN bil | 444 | 495 | 654 | 669 | 975 | ||||||||||||||||
| Togo | XOF bil | ... | ... | ... | 48.7 | 51.9 | 58.0 | 99.9 | 94.3 |
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