Ghana External Debt: % of GDP

Key information about Ghana External Debt: % of GDP

• Ghana External Debt accounted for 34.4 % of the country's Nominal GDP in 2024, compared with the ratio of 37.4 % in the previous year.
• Ghana External Debt: % of Nominal GDP data is updated yearly, available from Dec 1999 to Dec 2024.
• The data reached an all-time high of 932.2 % in Aug 2025 and a record low of 0.0 % in May 2020.

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 1.1 USD bn in Jun 2025.
• Foreign Direct Investment (FDI) increased by 524.9 USD mn in Jun 2025.
• Ghana Direct Investment Abroad fell by 10.0 USD mn in Jun 2025.
• Its Foreign Portfolio Investment fell by 61.2 USD mn in Jun 2025.
• The country's External Debt reached 29,110.3 in Jun 2025.
• The country's Nominal GDP was reported at 25.6 USD bn in Jun 2025.

View Ghana's External Debt: % of GDP from 1999 to 2024 in the chart:

What was Ghana's External Debt: % of GDP in 2024?

Ghana External Debt accounted for 34.4 % of the country's Nominal GDP in 2024, compared with the ratio of 37.4 % in the previous year. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
34.4 2024	37.4 2023	0.0 2020	932.2 2025	%	yearly	1999 - 2024

External Debt: % of GDP by Country Comparison

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