The ratio of national debt to gross domestic product (GDP) in Ghana was forecast to continuously decrease between 2024 and 2029 by in total 15.6 percentage points. According to this forecast, in 2029, the ratio will have decreased for the seventh consecutive year to 66.92 percent. 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.Find more key insights for the ratio of national debt to gross domestic product (GDP) in countries like Gambia, Nigeria, and Niger.

Key information about Ghana External Debt: % of GDP

• Ghana External Debt accounted for 37.4 % of the country's Nominal GDP in 2023, compared with the ratio of 39.1 % in the previous year.
• Ghana External Debt: % of Nominal GDP data is updated yearly, available from Dec 1999 to Dec 2023.
• The data reached an all-time high of 121.7 % in Dec 2000 and a record low of 7.0 % in Dec 2006.

CEIC calculates External Debt as % of Nominal GDP from annual External Debt and quarterly Nominal GDP. The Bank of Ghana provides External Debt in USD based on BPM5. Ghana Statistical Service provides Nominal GDP in local currency based on SNA 2008. The Bank of Ghana average market exchange rate is used for currency conversions. External Debt figures only include Public debt. External Debt as % of Nominal GDP prior to 2006 is calculated from Nominal GDP sourced from the World Bank.


Related information about Ghana External Debt: % of GDP

• In the latest reports of Ghana, Current Account recorded a surplus of 1.4 USD bn in Dec 2024.
• Foreign Direct Investment (FDI) increased by 380.3 USD mn in Mar 2024.
• Ghana Direct Investment Abroad fell by 4.7 USD mn in Mar 2024.
• Its Foreign Portfolio Investment fell by 308.1 USD mn in Dec 2021.
• The country's External Debt reached 27,908.7 in Oct 2024.
• The country's Nominal GDP was reported at 21.2 USD bn in Dec 2024.

Ghana GH: General Government: Gross Debt: % of GDP data was reported at 60.700 % in 2023. This records a decrease from the previous number of 62.630 % for 2022. Ghana GH: General Government: Gross Debt: % of GDP data is updated yearly, averaging 61.665 % from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 111.945 % in 2000 and a record low of 26.216 % in 2006. Ghana GH: General Government: Gross Debt: % of GDP data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Ghana – Table GH.IMF.FM: Government Finance Statistics.

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 March of 2025.

Ghana GH: General Government: Net Debt: % of GDP data was reported at 56.741 % in 2023. This records a decrease from the previous number of 58.227 % for 2022. Ghana GH: General Government: Net Debt: % of GDP data is updated yearly, averaging 58.227 % from Dec 2001 (Median) to 2023, with 23 observations. The data reached an all-time high of 84.383 % in 2001 and a record low of 21.923 % in 2006. Ghana GH: General Government: Net Debt: % of GDP data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Ghana – Table GH.IMF.FM: Government Finance Statistics.

Ghana registrerte en statsgjeld til BNP på 84,90 prosent av landets bruttonasjonalprodukt i 2023. Gjeldende verdier, historiske data, prognoser, statistikk, diagrammer og økonomiske kalender - Ghana - Regjeringens gjeld mot BNP.

The ratio of national debt to gross domestic product (GDP) in Nigeria was forecast to decrease between 2024 and 2029 by in total two percentage points. This overall decrease does not happen continuously, notably not in 2028 and 2029. The ratio is estimated to amount to 49.26 percent in 2029. Notably, the ratio of national debt to gross domestic product (GDP) was continuously increasing over the past years.This indicator describes the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, 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. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.Find more key insights for the ratio of national debt to gross domestic product (GDP) in countries like Ghana, Cape Verde, and Gambia.

The ratio of national debt to gross domestic product (GDP) in Burkina Faso was forecast to continuously decrease between 2024 and 2029 by in total 9.8 percentage points. According to this forecast, in 2029, the ratio will have decreased for the fifth consecutive year to 47.53 percent. 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.Find more key insights for the ratio of national debt to gross domestic product (GDP) in countries like Senegal, Ghana, and Gambia.

Ghanas Außenschuld:% des BIP belief sich im 2023 auf 39.5 %. Dies stellt einen Anstieg im Vergleich zu den vorherigen Zahlen von 39.1 % für 2022 dar. Ghanas Außenschuld:% des BIP werden jährlich aktualisiert, mit einem Durchschnitt von 29.8 % von 1999 bis 2023, mit 25 Beobachtungen. Die Daten erreichten ein Allzeithoch in Höhe von 121.7 % im 2000 und ein Rekordtief in Höhe von 7.0 % im 2006. Ghanas Außenschuld:% des BIP Daten behalten den Aktiv-Status in CEIC und werden von CEIC Data gemeldet. Die Daten werden unter World Trend Pluss Global Economic Monitor – Table: External Debt: % of Nominal GDP: Annual kategorisiert.

Os dados de Dívida do Governo:% do PIB de Gana foram registrados em 72.3 % em 2023. Este registro de uma queda com relação aos números anteriores de 72.9 % em 2022. Os dados de Dívida do Governo:% do PIB de Gana são atualizados anualmente, com uma média de 53.4 % em 2006 até 2023, com 18 observações. Os dados alcançaram um alto recorde de 80.3 % em 2020 e um baixo recorde de 26.2 % em 2006. Os dados de Dívida do Governo:% do PIB de Gana permanecem com status ativo na CEIC e são reportados pela fonte: CEIC Data. Os dados são classificados sob o World Trend Plus’ Global Economic Monitor – Table: Government Debt: % of Nominal GDP: Annual.

Os dados de Dívida externa:% do PIB de Gana foram registrados em 37.4 % em 2023. Este registro de uma queda com relação aos números anteriores de 39.1 % em 2022. Os dados de Dívida externa:% do PIB de Gana são atualizados anualmente, com uma média de 29.8 % em 1999 até 2023, com 25 observações. Os dados alcançaram um alto recorde de 121.7 % em 2000 e um baixo recorde de 7.0 % em 2006. Os dados de Dívida externa:% do PIB de Gana permanecem com status ativo na CEIC e são reportados pela fonte: CEIC Data. Os dados são classificados sob o World Trend Plus’ Global Economic Monitor – Table: External Debt: % of Nominal GDP: Annual.

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 2029.

Steady is best for inflation

According 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.

가나의 정부 부채 : GDP 대비 %은 2023년에 72.3 %로 보고 되었습니다. 이는 2022년에 72.9 %라는 이전 수치에 비 해하락한 기록입니다.가나의 정부 부채 : GDP 대비 % 데이터는 매년마다 업데이트 되며,18개의 관측으로 2006년부터 2023년사이에 평균 53.4 %입니다. 이 데이터는2020년에 80.3 %라는사상 최고치를, 2006년에 26.2 %라는 최저치를 기록했습니다. 가나’의 정부 부채 : GDP 대비 % 데이터는 CEIC에 활성 상태로 남아 있으며CEIC Data에 의해 보고되는 정보입니다. 본 데이터는 World Trend Plus의 Global Economic Monitor - Table: Government Debt: % of Nominal GDP: Annual하에 분류 됩니다.

加纳的外债：占国内生产总值百分比在12-01-2023达37.4%，相较于12-01-2022的39.1%有所下降。加纳外债：占国内生产总值百分比数据按年更新，12-01-1999至12-01-2023期间平均值为29.8%，共25份观测结果。该数据的历史最高值出现于12-01-2000，达121.7%，而历史最低值则出现于12-01-2006，为7.0%。CEIC提供的加纳外债：占国内生产总值百分比数据处于定期更新的状态，数据来源于CEIC Data，数据归类于世界趋势数据库的全球经济数据 – 表：外债：占名义国内生产总值百分比：年度。

ガーナの対外債務(対GDP比)は、2023に37.4 %を記録しました。前期2022の 39.1 %と比べると下落の結果となりました。ガーナの対外債務(対GDP比)は年次で更新され、1999から2023の25つの値で平均は 29.8 %。最高値は2000の121.7 %、最低値は2006の7.0 %。対外債務(対GDP比)はActiveステータスデータであり、CEIC Dataが発表元です。当データは、World Trend PlusのGlobal Economic Monitor – Table: External Debt: % of Nominal GDP: Annualに格納されています。