Budget balance — all countries

Budget balance — Ghana

Budget balance in Ghana in 2031 — -2.2%. Ranked 88 in the world out of 188. Since 1980, the indicator has risen by 2.5 pp.

2031 -2.2% +0 pp vs 2030
World rank 88of 188
Period maximum -0.8%1989
Period minimum -17.4%2020

Trend over time

1980–2031 · % of GDP

Budget balance — Ghana, 1980–2031-20-15-10-5019801986199219982004201020162022202820311980: -4.7%1981: -3.8%1982: -2%1983: -1.1%1984: -1%1985: -1.2%1986: -1.3%1987: -0.9%1988: -1.1%1989: -0.8%1990: -1.9%1991: -1.5%1992: -4.5%1993: -5.4%1994: -5%1995: -4.5%1996: -5.6%1997: -6.1%1998: -5.3%1999: -5.6%2000: -4%2001: -3.6%2002: -2.7%2003: -2%2004: -2%2005: -1.9%2006: -3.1%2007: -4.9%2008: -5.6%2009: -5%2010: -7.1%2011: -5.5%2012: -8.4%2013: -9.1%2014: -7.8%2015: -4%2016: -6.7%2017: -4%2018: -6.8%2019: -7.5%2020: -17.4%2021: -12%2022: -11.8%2023: -3.4%2024: -6.2%2025: -1.3%2026: -2.3%2027: -1.8%2028: -1.7%2029: -1.8%2030: -2.2%2031: -2.2%
Change over the period: +2.5 pp Annual average: 0.05 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Ghana

Ghana -2.2%
World computed -4.85%
Sub-Saharan Africa computed -3.08%
Western Africa computed -2.26%
Budget balance — Ghana, by year Ghana All countries CSV XLSX
Year % Change, pp
2031 -2.2 +0 pp
2030 -2.2 −0.4 pp
2029 -1.8 −0.1 pp
2028 -1.7 +0.1 pp
2027 -1.8 +0.5 pp
2026 -2.3 −1 pp
2025 -1.3 +4.9 pp
2024 -6.2 −2.8 pp
2023 -3.4 +8.4 pp
2022 -11.8 +0.2 pp
2021 -12 +5.4 pp
2020 -17.4 −9.9 pp
2019 -7.5 −0.7 pp
2018 -6.8 −2.8 pp
2017 -4 +2.7 pp
2016 -6.7 −2.7 pp
2015 -4 +3.8 pp
2014 -7.8 +1.3 pp
2013 -9.1 −0.7 pp
2012 -8.4 −2.9 pp
2011 -5.5 +1.6 pp
2010 -7.1 −2.1 pp
2009 -5 +0.6 pp
2008 -5.6 −0.7 pp
2007 -4.9 −1.8 pp
2006 -3.1 −1.2 pp
2005 -1.9 +0.1 pp
2004 -2 +0 pp
2003 -2 +0.7 pp
2002 -2.7 +0.9 pp
2001 -3.6 +0.4 pp
2000 -4 +1.6 pp
1999 -5.6 −0.3 pp
1998 -5.3 +0.8 pp
1997 -6.1 −0.5 pp
1996 -5.6 −1.1 pp
1995 -4.5 +0.5 pp
1994 -5 +0.4 pp
1993 -5.4 −0.9 pp
1992 -4.5 −3 pp
1991 -1.5 +0.4 pp
1990 -1.9 −1.1 pp
1989 -0.8 +0.3 pp
1988 -1.1 −0.2 pp
1987 -0.9 +0.4 pp
1986 -1.3 −0.1 pp
1985 -1.2 −0.2 pp
1984 -1 +0.1 pp
1983 -1.1 +0.9 pp
1982 -2 +1.8 pp
1981 -3.8 +0.9 pp
1980 -4.7

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.