Ghana Consolidated Fiscal Balance
2008 - 2025 | Monthly | USD mn | CEIC Data
Key information about Ghana Consolidated Fiscal Balance
- Ghana Consolidated Fiscal Balance recorded a deficit equal to 386.239 USD mn in Jul 2025, compared with a surplus equal to 210.453 USD mn in the previous month.
- Ghana Consolidated Fiscal Balance data is updated monthly, available from Jan 2008 to Jul 2025, with an average ratio of -215.323 USD mn.
- The data reached an all-time high of 678.657 USD mn in Dec 2019 and a record low of -1.292 USD bn in Feb 2024.
CEIC converts monthly Consolidated Fiscal Balance into USD. The Ministry of Finance provides Consolidated Fiscal Balance in local currency. The Bank of Ghana average market exchange rate is used for currency conversions.
View Ghana's Consolidated Fiscal Balance from Jan 2008 to Jul 2025 in the chart:
What was Ghana's Consolidated Fiscal Balance in Jul 2025?
Ghana Consolidated Fiscal Balance recorded a deficit equal to 386.239 USD mn in Jul 2025, compared with a surplus equal to 210.453 USD mn in the previous month. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -386.239 Jul 2025 | 210.453 Jun 2025 | -1,291.677 Feb 2024 | 678.657 Dec 2019 | USD mn | monthly | Jan 2008 - Jul 2025 |
Consolidated Fiscal Balance by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | 591.214 Oct 2025 | monthly | Dec 1997 - Oct 2025 |
| Algeria (USD mn) | -5,868.518 2022 | yearly | 1997 - 2022 |
| Argentina (USD mn) | -2,275.026 Dec 2025 | monthly | Jan 1993 - Dec 2025 |
| Armenia (USD mn) | -93.374 Nov 2025 | monthly | Jan 2008 - Nov 2025 |
| Australia (USD mn) | -11,179.706 Jun 2025 | quarterly | Sep 2002 - Jun 2025 |
| Austria (USD mn) | -4,578.917 Sep 2025 | quarterly | Mar 2001 - Sep 2025 |
| Azerbaijan (USD mn) | 310.353 Dec 2025 | monthly | Dec 2004 - Dec 2025 |
| Bahrain (USD mn) | -2,784.441 2024 | yearly | 1990 - 2024 |
| Bangladesh (USD mn) | 154.969 Jul 2025 | monthly | Jul 2008 - Jul 2025 |
| Belarus (USD mn) | 404.854 Sep 2021 | quarterly | Dec 2005 - Sep 2021 |
| Belgium (USD mn) | -30,012.565 2024 | yearly | 1970 - 2024 |
| Bolivia (USD mn) | -5,230.120 2024 | yearly | 1990 - 2024 |
| Bosnia and Herzegovina (%) | 1.770 Sep 2025 | quarterly | Dec 2008 - Sep 2025 |
| Botswana (USD mn) | -69.673 Sep 2025 | monthly | Apr 2007 - Sep 2025 |
| Brazil (USD mn) | -10,390.042 Dec 2025 | monthly | Jan 1997 - Dec 2025 |
| Brunei (USD mn) | -2,030.104 2024 | yearly | 2000 - 2024 |
| Bulgaria (%) | -4.272 Sep 2025 | quarterly | Sep 2003 - Sep 2025 |
| Cambodia (USD mn) | -52.271 Jul 2024 | monthly | Jan 2007 - Jul 2024 |
| Canada (USD mn) | -5,703.614 Nov 2025 | monthly | May 1992 - Nov 2025 |
| Chile (USD mn) | -9,295.767 2024 | yearly | 1990 - 2024 |
| China (USD mn) | -331,213.085 Dec 2025 | monthly | Jan 1995 - Dec 2025 |
| Colombia (USD mn) | -3,989.807 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Croatia (USD mn) | -963.223 Dec 2019 | quarterly | Mar 2015 - Dec 2019 |
| Cyprus (USD mn) | 58.137 Nov 2025 | monthly | Jan 2014 - Nov 2025 |
| Czech Republic (USD mn) | -1,212.622 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Denmark (USD mn) | 4,386.136 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Ecuador (USD mn) | -1,083.498 Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Egypt (USD mn) | -15,919.810 Nov 2025 | monthly | Jan 2005 - Nov 2025 |
| Estonia (USD mn) | 5.960 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| European Union (USD mn) | -612,084.939 2024 | yearly | 1999 - 2024 |
| Finland (USD mn) | -1,195.774 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| France (USD mn) | -48,235.559 Sep 2025 | quarterly | Mar 1957 - Sep 2025 |
| Georgia (USD mn) | -697.461 Dec 2025 | monthly | Jan 2006 - Dec 2025 |
| Germany (USD mn) | -46,923.274 Sep 2025 | quarterly | Mar 1991 - Sep 2025 |
| Ghana (USD mn) | -386.239 Jul 2025 | monthly | Jan 2008 - Jul 2025 |
| Greece (USD mn) | 4,558.528 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Hong Kong SAR, China (USD mn) | 7,950.134 Dec 2025 | monthly | Oct 1998 - Dec 2025 |
| Hungary (USD mn) | 1,345.964 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Iceland (USD mn) | -121.031 Sep 2025 | quarterly | Mar 2002 - Sep 2025 |
| India (USD mn) | -13,420.225 Dec 2025 | monthly | Apr 1997 - Dec 2025 |
| Indonesia (USD mn) | -8,071.951 Dec 2025 | monthly | Jan 2014 - Dec 2025 |
| Iran (USD mn) | -13,054.476 Mar 2021 | quarterly | Jun 2005 - Mar 2021 |
| Ireland (USD mn) | 260.587 Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Israel (USD mn) | -7,376.344 Dec 2025 | monthly | Jan 1999 - Dec 2025 |
| Italy (USD mn) | -47,273.468 Mar 2025 | quarterly | Mar 1999 - Mar 2025 |
| Ivory Coast (USD mn) | -3,452.972 2024 | yearly | 1960 - 2024 |
| Japan (USD mn) | -286,722.348 2024 | yearly | 1995 - 2024 |
| Jordan (USD mn) | 418.759 2018 | yearly | 1999 - 2018 |
| Kazakhstan (USD mn) | -3,258.167 Dec 2025 | monthly | Nov 2007 - Dec 2025 |
| Kenya (%) | -6.600 Sep 2025 | quarterly | Dec 2009 - Sep 2025 |
| South Korea (USD mn) | 492.507 Nov 2025 | monthly | Jul 1999 - Nov 2025 |
| Kosovo (USD mn) | 49.040 Oct 2023 | monthly | Jan 2006 - Oct 2023 |
| Kuwait (USD mn) | -3,440.015 2024 | yearly | 1988 - 2024 |
| Kyrgyzstan (USD mn) | 20.776 Nov 2025 | monthly | Jan 2007 - Nov 2025 |
| Laos (USD mn) | 375.970 2024 | yearly | 2010 - 2024 |
| Latvia (USD mn) | 282.710 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Lebanon (USD mn) | 405.307 Dec 2021 | monthly | Jan 1998 - Dec 2021 |
| Lithuania (USD mn) | 44.359 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Luxembourg (%) | 0.888 2024 | yearly | 1995 - 2024 |
| Macau SAR, China (%) | 7.879 Jun 2025 | quarterly | Dec 2003 - Jun 2025 |
| North Macedonia (USD mn) | -764.028 2024 | yearly | 2009 - 2024 |
| Malawi (USD mn) | -6.171 Oct 2025 | monthly | Oct 2005 - Oct 2025 |
| Malaysia (USD mn) | -27,060.208 2024 | yearly | 1970 - 2024 |
| Malta (USD mn) | 96.549 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Mauritius (%) | -8.795 Sep 2025 | quarterly | Dec 2010 - Sep 2025 |
| Mexico (USD mn) | -22,934.079 Dec 2025 | monthly | Jan 1977 - Dec 2025 |
| Moldova (USD mn) | -709.547 2024 | yearly | 1998 - 2024 |
| Mongolia (USD mn) | 152.759 Dec 2025 | monthly | Jan 2000 - Dec 2025 |
| Montenegro (USD mn) | -174.631 Dec 2025 | monthly | Jan 2012 - Dec 2025 |
| Morocco (USD mn) | -6,705.833 Dec 2025 | monthly | Jan 2000 - Dec 2025 |
| Mozambique (USD mn) | 388.757 Dec 2016 | quarterly | Mar 2002 - Dec 2016 |
| Myanmar (USD mn) | -1,713.224 2022 | yearly | 1980 - 2022 |
| Nepal (USD mn) | -117.285 Dec 2025 | quarterly | Mar 2017 - Dec 2025 |
| Netherlands (USD mn) | -6,772.937 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| New Zealand (USD mn) | 5,756.479 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Nigeria (USD mn) | -1,902.660 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Norway (USD mn) | 16,884.009 Jun 2025 | quarterly | Mar 2002 - Jun 2025 |
| Oman (USD mn) | -5.202 Oct 2025 | monthly | Jun 2003 - Oct 2025 |
| Pakistan (USD mn) | -22,771.776 2024 | yearly | 1991 - 2024 |
| Palestinian Territory (USD mn) | 192.600 2024 | yearly | 2010 - 2024 |
| Panama (USD mn) | -6,416.100 2024 | yearly | 2003 - 2024 |
| Paraguay (USD mn) | -350.611 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Peru (USD mn) | -3,777.337 Sep 2025 | quarterly | Mar 1990 - Sep 2025 |
| Philippines (USD mn) | -2,674.510 Nov 2025 | monthly | Jan 1985 - Nov 2025 |
| Poland (USD mn) | -59,417.037 2024 | yearly | 1995 - 2024 |
| Portugal (USD mn) | 3,449.979 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Qatar (USD mn) | -393.407 Sep 2025 | quarterly | Mar 2011 - Sep 2025 |
| Romania (%) | -8.536 Sep 2025 | quarterly | Dec 2004 - Sep 2025 |
| Russia (USD mn) | -7,923.869 Nov 2025 | monthly | Jan 1993 - Nov 2025 |
| Saudi Arabia (USD mn) | -65,333.333 2025 | yearly | 1969 - 2025 |
| Serbia (USD mn) | -1,817.331 Dec 2025 | monthly | Jan 2005 - Dec 2025 |
| Singapore (USD mn) | -7,923.530 Dec 2025 | monthly | Apr 2011 - Dec 2025 |
| Slovakia (USD mn) | -407.047 Jan 2026 | monthly | Jan 2005 - Jan 2026 |
| Slovenia (USD mn) | -850.675 Dec 2025 | monthly | Jan 2000 - Dec 2025 |
| South Africa (USD mn) | 3,768.632 Dec 2025 | monthly | Jan 1990 - Dec 2025 |
| Spain (USD mn) | 18,617.397 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Sri Lanka (%) | -4.738 Sep 2025 | quarterly | Dec 2014 - Sep 2025 |
| Sudan (USD mn) | -196.813 2021 | yearly | 2001 - 2021 |
| Sweden (USD mn) | -9,465.294 2024 | yearly | 1995 - 2024 |
| Switzerland (USD mn) | 4,838.441 2025 | yearly | 1990 - 2025 |
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Learn more about what we doGhana Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.5 Jun 2025 | quarterly | Dec 2008 - Jun 2025 |
| Consolidated Fiscal Balance (USD mn) | -386.239 Jul 2025 | monthly | Jan 2008 - Jul 2025 |
| Tax Revenue (USD mn) | 1,324.882 Jul 2025 | monthly | Jan 2008 - Jul 2025 |
| Tax Revenue: % of GDP (%) | 15.1 Jun 2025 | quarterly | Mar 2008 - Jun 2025 |
| Government Debt: % of GDP (%) | 61.8 2024 | yearly | 2006 - 2024 |
| Forecast: Government Expenditure (GHS bn) | 515.173 2030 | yearly | 1980 - 2030 |
| Forecast: Government Net Debt (GHS bn) | 1,249.811 2030 | yearly | 1990 - 2030 |
| Forecast: Government Revenue (GHS bn) | 449.164 2030 | yearly | 1982 - 2030 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 4.394 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 3,890.0 Dec 2025 | monthly | Mar 2005 - Dec 2025 |
| Total Exports (USD mn) | 5,139.0 Dec 2025 | monthly | Jan 2010 - Dec 2025 |
| Total Exports Growth (%) | 225.0 Dec 2025 | monthly | Jan 2011 - Dec 2025 |
| Aluminum: Exports (USD th) | 89,599.170 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 14,051.656 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 627.649 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 1,249.0 Dec 2025 | monthly | Mar 2005 - Dec 2025 |
| Total Imports Growth (%) | -1.4 Dec 2025 | monthly | Mar 2006 - Dec 2025 |
| Imports: Medicament (USD th) | 219,248.874 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 133,353.690 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 16.738 Oct 2025 | monthly | Feb 1985 - Oct 2025 |
| Total Imports from USA (USD mn) | 111.440 Oct 2025 | monthly | Jun 1995 - Oct 2025 |
| Total Exports to China (USD mn) | 161.225 Oct 2025 | monthly | May 1995 - Oct 2025 |
| Total Imports from China (USD mn) | 399.766 Oct 2025 | monthly | Jun 1986 - Oct 2025 |
| Export Volume Index (2015=100) | 97.296 2021 | yearly | 1980 - 2021 |
| Export Value Index (2015=100) | 142.693 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 101.215 2021 | yearly | 1980 - 2021 |
| Import Volume Index (2015=100) | 84.815 2021 | yearly | 1980 - 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | -10.0 Jun 2025 | quarterly | Mar 2011 - Jun 2025 |
| Current Account Balance (USD mn) | 239.0 Sep 2025 | quarterly | Mar 2003 - Sep 2025 |
| Current Account Balance: % of GDP (%) | 4.4 Jun 2025 | quarterly | Mar 2006 - Jun 2025 |
| Foreign Direct Investment (USD mn) | 524.9 Jun 2025 | quarterly | Mar 2011 - Jun 2025 |
| Foreign Direct Investment: % of GDP (%) | 2.0 Jun 2025 | quarterly | Mar 2011 - Jun 2025 |
| Foreign Portfolio Investment (USD mn) | -61.216 Jun 2025 | quarterly | Mar 2011 - Jun 2025 |
| Foreign Portfolio Investment: % of GDP (%) | -0.2 Jun 2025 | quarterly | Mar 2011 - Jun 2025 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | -53.3 2024 | yearly | 1975 - 2024 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -49.184 Jun 2025 | quarterly | Mar 2011 - Jun 2025 |
| External Debt (USD mn) | 29,110.3 Jun 2025 | monthly | Jan 2012 - Jun 2025 |
| External Debt: % of GDP (%) | 34.4 2024 | yearly | 1999 - 2024 |
| Forecast: Current Account Balance (USD bn) | -0.103 2030 | yearly | 1980 - 2030 |
| Net International Investment Position (USD mn) | -27,118.991 2024 | yearly | 2006 - 2024 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 18.9 Dec 2025 | monthly | Dec 2005 - Dec 2025 |
| Non-Performing Loans (USD mn) | 2,008.748 Jun 2025 | quarterly | Mar 2008 - Jun 2025 |
| Money Supply M1 (USD mn) | 16,642.008 Jun 2025 | quarterly | Mar 1990 - Jun 2025 |
| Money Supply M2 (USD mn) | 25,721.726 Jun 2025 | quarterly | Mar 1990 - Jun 2025 |
| M2 Growth (%) | 30.3 Jun 2025 | quarterly | Mar 1991 - Jun 2025 |
| Foreign Exchange Reserves (USD mn) | 5,361.8 Oct 2025 | monthly | Jan 1965 - Oct 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 5.520 Sep 2025 | quarterly | Dec 2006 - Sep 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 3.0 Oct 2025 | monthly | Mar 2005 - Oct 2025 |
| Gold Reserves (Metric Ton) | 1,000.000 2024 | yearly | 2008 - 2024 |
| Total Deposits (USD mn) | 24,675.872 Sep 2025 | monthly | Jan 1999 - Sep 2025 |
| Total Deposits Growth (%) | 8.5 Oct 2025 | monthly | Jan 2000 - Oct 2025 |
| Domestic Credit (USD mn) | 22,480.6 May 2025 | monthly | Jan 1967 - May 2025 |
| Domestic Credit Growth (%) | -9.1 May 2025 | monthly | Jan 1968 - May 2025 |
| Total Loans (USD mn) | 8,145.191 Sep 2025 | monthly | Jan 1999 - Sep 2025 |
| Total Loans Growth (%) | 10.52 Sep 2025 | monthly | Jan 2000 - Sep 2025 |
| Private Debt: % of Nominal GDP (%) | 6.78 Mar 2025 | quarterly | Dec 2006 - Mar 2025 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (%) | 14.8 Oct 2025 | monthly | Dec 2013 - Oct 2025 |
More Indicators for Ghana
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