The ratio of national debt to gross domestic product (GDP) of Ghana was estimated at approximately 70.51 percent in 2024. Between 1990 and 2024, the ratio rose by around 52.72 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio is expected to drop by about 18.55 percentage points between 2024 and 2030, showing a continuous downward movement throughout the period.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.
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Ghana recorded a Government Debt to GDP of 70.50 percent of the country's Gross Domestic Product in 2024. This dataset provides the latest reported value for - Ghana Government Debt to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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International debt issues to GDP (%) in Ghana was reported at 22.98 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ghana - International debt issues to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.
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Outstanding international public debt securities to GDP (%) in Ghana was reported at 22.98 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ghana - Outstanding international public debt securities to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.
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License information was derived automatically
Gross portfolio debt liabilities to GDP (%) in Ghana was reported at 1.5022 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ghana - Gross portfolio debt liabilities to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.
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The Gross Domestic Product (GDP) in Ghana expanded 6.30 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides the latest reported value for - Ghana GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
In 2021, the inflation rate in Ghana amounted to about 9.98 percent compared to the previous year. Ghana’s inflation peaked at almost 17.5 percent in 2016 and is predicted to decrease to 8 percent by 2030. Steady is best for inflationAccording to economists, a steady inflation rate between two and three percent is desirable to achieve a stable economy in a country. Inflation is the increase in the price level of consumer goods and services over a certain time period. A high inflation rate is often caused by excessive money supply and can turn into hyperinflation, i.e. if inflation occurs too quickly and rapidly, it can devalue currency and cause a recession and even economic collapse. This scenario is currently taking place in Venezuela , for example. The opposite of inflation, the decrease in the price level of goods and services below zero percent, is called deflation. While hyperinflation devalues money, deflation usually increases its value. Both events can damage an economy severely. Is Ghana’s economy at risk?Ghana’s economy is considered quite stable and fast-growing, and is rich in oil, diamonds, and gold. After struggling in the years around 2015 due to increased government spending and plummeting oil prices, it is now on an upswing again. This is also reflected in the decreasing inflation rate, and other key indicators like unemployment and rapid GDP growth support this theory. However, Ghana’s government debt is still struggling with the consequences of the 2015 crisis and forecast to keep skyrocketing during the next few years.
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The ratio of national debt to gross domestic product (GDP) of Ghana was estimated at approximately 70.51 percent in 2024. Between 1990 and 2024, the ratio rose by around 52.72 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio is expected to drop by about 18.55 percentage points between 2024 and 2030, showing a continuous downward movement throughout the period.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.