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Government debt — all countries

Government debt — Ghana

Government debt in Ghana in 2031 — 42.3%. Ranked 70 in the world out of 184. Since 1990, the indicator has risen by 24.5 pp.

2031 42.3% −1.7 pp vs 2030
World rank 70of 184
Period maximum 92.7%2022
Period minimum 17.3%1991

Trend over time

1990–2031 · % of GDP

Government debt — Ghana, 1990–203102550751001990199520002005201020152020202520301990: 17.8%1991: 17.3%1992: 21.3%1993: 34.1%1994: 50.6%1995: 47.6%1996: 42.9%1997: 45.2%1998: 37.6%1999: 51.7%2000: 74.5%2001: 57.8%2002: 54.1%2003: 49.3%2004: 38.4%2005: 31.7%2006: 17.3%2007: 21.1%2008: 23.2%2009: 25.4%2010: 32.9%2011: 31.2%2012: 35.5%2013: 42.9%2014: 50.1%2015: 53.9%2016: 55.9%2017: 57%2018: 62%2019: 62.9%2020: 79.1%2021: 86.9%2022: 92.7%2023: 79.1%2024: 70.3%2025: 48.8%2026: 53%2027: 50.7%2028: 48.1%2029: 45.7%2030: 44%2031: 42.3%
Change over the period: +24.5 pp Annual average: 0.6 pp

Comparison, 2031

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

Ghana 42.3%
World computed 102.5%
Sub-Saharan Africa computed 54.1%
Western Africa computed 41.7%
Lower-middle-income countries computed 64.8%
Government debt — Ghana, by year Ghana All countries CSV XLSX
Year % Change, pp
2031 42.3 −1.7 pp
2030 44 −1.7 pp
2029 45.7 −2.4 pp
2028 48.1 −2.6 pp
2027 50.7 −2.3 pp
2026 53 +4.2 pp
2025 48.8 −21.5 pp
2024 70.3 −8.8 pp
2023 79.1 −13.6 pp
2022 92.7 +5.8 pp
2021 86.9 +7.8 pp
2020 79.1 +16.2 pp
2019 62.9 +0.9 pp
2018 62 +5 pp
2017 57 +1.1 pp
2016 55.9 +2 pp
2015 53.9 +3.8 pp
2014 50.1 +7.2 pp
2013 42.9 +7.4 pp
2012 35.5 +4.3 pp
2011 31.2 −1.7 pp
2010 32.9 +7.5 pp
2009 25.4 +2.2 pp
2008 23.2 +2.1 pp
2007 21.1 +3.8 pp
2006 17.3 −14.4 pp
2005 31.7 −6.7 pp
2004 38.4 −10.9 pp
2003 49.3 −4.8 pp
2002 54.1 −3.7 pp
2001 57.8 −16.7 pp
2000 74.5 +22.8 pp
1999 51.7 +14.1 pp
1998 37.6 −7.6 pp
1997 45.2 +2.3 pp
1996 42.9 −4.7 pp
1995 47.6 −3 pp
1994 50.6 +16.5 pp
1993 34.1 +12.8 pp
1992 21.3 +4 pp
1991 17.3 −0.5 pp
1990 17.8 —

Western Africa, 2031

The same indicator for neighboring countries — with links to their pages

GN Guinea 28.9 NG Nigeria 30.1 SL Sierra Leone 31.8 ML Mali 37.9 MR Mauritania 40.8 GH Ghana 42.3 LR Liberia 43.1 GM Gambia 44.3 NE Niger 44.3 BF Burkina Faso 46.4 CI Côte d'Ivoire 48.6 BJ Benin 50.3 TG Togo 56.7 GW Guinea-Bissau 65.2 CV Cabo Verde 71.4 SN Senegal 121.4
Full table for all countries

About the indicator

Gross general government debt as a percent of GDP from the IMF World Economic Outlook database: all liabilities that require future payments of interest and/or principal. It covers the central government, regional and local budgets and extrabudgetary funds where the data allow. The threshold of 60% of GDP is used in the EU Maastricht criteria as a benchmark of sustainability.

Important: The coverage of the government sector differs between countries; when levels are compared, it matters whether regional budgets are included.

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

Other indicators for Ghana

Public Finance Budget balance

The budget deficit or surplus as a percent of GDP. A negative value means spending exceeds revenue.

Ghana by year Public Finance External debt

How much a country as a whole owes abroad — government, banks and companies together.

Ghana by year Public Finance Government revenue

How much the state collects in a year — all revenue except foreign grants.

Ghana by year Public Finance Tax revenue (% of GDP)

Taxes collected as a percent of GDP — the fiscal capacity of the state.

Ghana by year
All indicators for Ghana