Ghana Government Debt: % of GDP

2006 - 2021 | Yearly | % | CEIC Data

Key information about Ghana Government Debt: % of GDP

  • Ghana Government debt accounted for 80.1 % of the country's Nominal GDP in Dec 2021, compared with the ratio of 76.1 % in the previous year.
  • Ghana government debt to GDP ratio data is updated yearly, available from Dec 2006 to Dec 2021.
  • The data reached an all-time high of 80.1 % in Dec 2021 and a record low of 26.2 % in Dec 2006.

CEIC extends history for annual Government Debt as % of Nominal GDP. The Ministry of Finance provides annual Government Debt as % of Nominal GDP. Government Debt refers to Public Debt. Government Debt as % of Nominal GDP prior to 2013 is based on SNA 1993.
  • The country's Nominal GDP reached 21.6 USD bn in Mar 2022.
  • View Ghana's Government Debt: % of GDP from 2006 to 2021 in the chart:

    Ghana Government Debt: % of GDP

    What was Ghana's Government Debt: % of GDP in 2021?

    Ghana Government debt accounted for 80.1 % of the country's Nominal GDP in Dec 2021, compared with the ratio of 76.1 % in the previous year. See the table below for more data.

    Last Previous Min Max Unit Frequency Range
    80.1 2021 76.1 2020 26.2 2006 80.1 2021 % yearly 2006 - 2021

    Government Debt: % of GDP by Country Comparison

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    Includes Government Debt: % of GDP on 108 economies standardised by CEIC. Instant access to full history data in excel.
    country/region Last Frequency Range
    Albania (%) 68.3 Mar 2022 quarterly Sep 2010 - Mar 2022
    Algeria (%) 36.4 2018 yearly 1997 - 2018
    Argentina (%) 78.6 Mar 2022 quarterly Dec 2004 - Mar 2022
    Armenia (%) 63.5 Mar 2022 quarterly Dec 2013 - Mar 2022
    Australia (%) 48.0 2021 yearly 1999 - 2021
    Austria (%) 84.1 Mar 2022 quarterly Mar 2000 - Mar 2022
    Azerbaijan (%) 6.4 2010 yearly 2008 - 2010
    Bahrain (%) 95.3 Mar 2022 quarterly Dec 2007 - Mar 2022
    Bangladesh (%) 19.2 2021 yearly 2010 - 2021
    Belarus (%) 36.7 Mar 2022 quarterly Dec 2003 - Mar 2022
    Belgium (%) 107.9 Mar 2022 quarterly Dec 1980 - Mar 2022
    Bolivia (%) 27.2 2014 yearly 1998 - 2014
    Bosnia and Herzegovina (%) 24.5 2021 yearly 2007 - 2021
    Botswana (%) 15.3 Dec 2019 quarterly Jun 2014 - Dec 2019
    Brazil (%) 78.0 Jun 2022 quarterly Dec 2006 - Jun 2022
    Bulgaria (%) 22.9 Mar 2022 quarterly Mar 2007 - Mar 2022
    Cambodia (%) 35.2 2021 yearly 2013 - 2021
    Canada (%) 71.0 2022 yearly 1962 - 2022
    Chile (%) 37.0 Mar 2022 quarterly Mar 2002 - Mar 2022
    China (%) 19.9 Mar 2022 quarterly Mar 2014 - Mar 2022
    Colombia (%) 65.6 Dec 2021 quarterly Dec 2005 - Dec 2021
    Croatia (%) 77.3 Mar 2022 quarterly Dec 1995 - Mar 2022
    Cyprus (%) 97.7 Jun 2022 quarterly Dec 2010 - Jun 2022
    Czech Republic (%) 42.8 Mar 2022 quarterly Mar 2000 - Mar 2022
    Denmark (%) 33.0 Mar 2022 quarterly Mar 2000 - Mar 2022
    Ecuador (%) 61.9 Jun 2021 quarterly Dec 2005 - Jun 2021
    Egypt (%) 68.6 Jun 2020 quarterly Jun 2006 - Jun 2020
    Estonia (%) 17.2 Mar 2022 quarterly Mar 2000 - Mar 2022
    European Union (%) 87.8 Mar 2022 quarterly Mar 2000 - Mar 2022
    Finland (%) 71.9 Mar 2022 quarterly Mar 2000 - Mar 2022
    France (%) 114.5 Mar 2022 quarterly Dec 1995 - Mar 2022
    Georgia (%) 47.3 Mar 2022 quarterly Mar 2006 - Mar 2022
    Germany (%) 67.5 Mar 2022 quarterly Mar 2000 - Mar 2022
    Ghana (%) 80.1 2021 yearly 2006 - 2021
    Greece (%) 188.4 Mar 2022 quarterly Dec 1999 - Mar 2022
    Hong Kong SAR, China (%) 46.1 2021 yearly 2003 - 2021
    Hungary (%) 75.3 Jun 2022 quarterly Dec 1990 - Jun 2022
    Iceland (%) 74.6 2021 yearly 1998 - 2021
    India (%) 56.3 Mar 2022 quarterly Mar 2012 - Mar 2022
    Indonesia (%) 39.0 Jun 2022 quarterly Jun 2015 - Jun 2022
    Iran (%) 9.8 Dec 2021 quarterly Mar 1998 - Dec 2021
    Ireland (%) 53.7 Mar 2022 quarterly Mar 2000 - Mar 2022
    Israel (%) 67.1 2021 yearly 1995 - 2021
    Italy (%) 152.6 Mar 2022 quarterly Dec 1995 - Mar 2022
    Ivory Coast (%) 8.6 2015 yearly 1975 - 2015
    Japan (%) 231.1 Jun 2022 quarterly Dec 1994 - Jun 2022
    Jordan (%) 88.4 Mar 2022 quarterly Mar 2002 - Mar 2022
    Kazakhstan (%) 23.1 Mar 2022 quarterly Mar 2005 - Mar 2022
    Kenya (%) 67.4 Mar 2022 quarterly Dec 2009 - Mar 2022
    South Korea (%) 46.8 Mar 2022 quarterly Sep 2002 - Mar 2022
    Kosovo (%) 23.3 2021 yearly 2009 - 2021
    Kuwait (%) 3.2 Dec 2020 quarterly Dec 2010 - Dec 2020
    Kyrgyzstan (%) 67.1 Jun 2022 quarterly Mar 2011 - Jun 2022
    Latvia (%) 44.8 Dec 2021 quarterly Mar 2000 - Dec 2021
    Lebanon (%) 150.6 2020 yearly 1998 - 2020
    Lithuania (%) 40.3 Mar 2022 quarterly Mar 2000 - Mar 2022
    Luxembourg (%) 22.3 Mar 2022 quarterly Dec 1997 - Mar 2022
    North Macedonia (%) 48.6 Jun 2022 quarterly Dec 2009 - Jun 2022
    Malawi (%) 66.0 2014 yearly 2010 - 2014
    Malaysia (%) 62.7 Jun 2022 quarterly Dec 2010 - Jun 2022
    Malta (%) 57.5 Mar 2022 quarterly Dec 2000 - Mar 2022
    Mauritius (%) 76.1 Jun 2022 quarterly Jun 2003 - Jun 2022
    Mexico (%) 51.3 Jun 2022 quarterly Dec 2005 - Jun 2022
    Moldova (%) 31.5 Mar 2022 quarterly Mar 2007 - Mar 2022
    Mongolia (%) 59.4 Dec 2021 quarterly Dec 2017 - Dec 2021
    Montenegro (%) 80.3 Mar 2022 quarterly Dec 2010 - Mar 2022
    Morocco (%) 68.9 2021 yearly 1994 - 2021
    Nepal (%) 27.2 2019 yearly 1990 - 2019
    Netherlands (%) 50.7 Mar 2022 quarterly Dec 1999 - Mar 2022
    New Zealand (%) 33.0 Mar 2022 quarterly Dec 2006 - Mar 2022
    Nigeria (%) 20.6 Mar 2022 quarterly Dec 2010 - Mar 2022
    Norway (%) 43.2 2021 yearly 1995 - 2021
    Oman (%) 65.9 2020 yearly 1990 - 2020
    Pakistan (%) 69.1 2021 yearly 2000 - 2021
    Palestinian Territory (%) 74.9 Mar 2022 quarterly Dec 2010 - Mar 2022
    Panama (%) 64.6 Mar 2022 quarterly Dec 2007 - Mar 2022
    Paraguay (%) 31.6 Mar 2022 quarterly Dec 2014 - Mar 2022
    Peru (%) 33.8 Jun 2022 quarterly Mar 1999 - Jun 2022
    Philippines (%) 62.1 Jun 2022 quarterly Mar 1993 - Jun 2022
    Poland (%) 52.1 Mar 2022 quarterly Dec 2002 - Mar 2022
    Portugal (%) 127.0 Mar 2022 quarterly Mar 2000 - Mar 2022
    Qatar (%) 15.0 2012 yearly 2006 - 2012
    Romania (%) 48.3 Jun 2022 quarterly Dec 2011 - Jun 2022
    Russia (%) 15.5 Mar 2022 quarterly Dec 2011 - Mar 2022
    Saudi Arabia (%) 26.4 Jun 2022 quarterly Dec 2016 - Jun 2022
    Serbia (%) 55.3 Jun 2022 quarterly Sep 2004 - Jun 2022
    Singapore (%) 176.2 Jun 2022 quarterly Mar 1990 - Jun 2022
    Slovakia (%) 62.4 Mar 2022 quarterly Mar 2000 - Mar 2022
    Slovenia (%) 75.0 Mar 2022 quarterly Dec 1999 - Mar 2022
    South Africa (%) 70.1 Jun 2022 quarterly Dec 1960 - Jun 2022
    Spain (%) 117.7 Mar 2022 quarterly Mar 1995 - Mar 2022
    Sri Lanka (%) 117.4 Mar 2022 quarterly Mar 2014 - Mar 2022
    Sweden (%) 35.1 Mar 2022 quarterly Mar 2000 - Mar 2022
    Switzerland (%) 24.7 2025 yearly 1990 - 2025
    Taiwan (%) 30.2 2021 yearly 1996 - 2021
    Tajikistan (%) 39.2 2020 yearly 1999 - 2020
    Thailand (%) 53.7 Jun 2022 quarterly Dec 1997 - Jun 2022
    Tunisia (%) 79.7 Dec 2021 monthly Apr 2011 - Dec 2021
    Turkey (%) 42.6 Mar 2022 quarterly Dec 2001 - Mar 2022
    Ukraine (%) 43.3 Dec 2021 quarterly Dec 2010 - Dec 2021

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    Ghana Key Series

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    Government and Public Finance Last Frequency Range
    Consolidated Fiscal Balance: % of GDP (%) -9.2 Mar 2022 quarterly Dec 2008 - Mar 2022
    Consolidated Fiscal Balance (USD mn) -522.282 Jun 2022 monthly Jan 2008 - Jun 2022
    Tax Revenue (USD mn) 768.478 Mar 2022 monthly Jan 2008 - Mar 2022
    Tax Revenue: % of GDP (%) 9.2 Mar 2022 quarterly Mar 2008 - Mar 2022
    Government Debt: % of GDP (%) 80.1 2021 yearly 2006 - 2021
    Forecast: Government Expenditure (GHS bn) 234.411 2027 yearly 1980 - 2027
    Forecast: Government Net Debt (GHS bn) 885.914 2027 yearly 1990 - 2027
    Forecast: Government Revenue (GHS bn) 162.850 2027 yearly 1982 - 2027
    Foreign Trade Last Frequency Range
    Forecast: Exports of Goods Growth (%) 20.464 2027 yearly 1980 - 2027
    Trade Balance (USD mn) 131.1 Jun 2022 monthly Mar 2005 - Jun 2022
    Total Exports (USD mn) 1,584.7 Jun 2022 monthly Jan 2010 - Jun 2022
    Total Exports Growth (%) 32.3 Jun 2022 monthly Jan 2011 - Jun 2022
    Aluminum: Exports (USD th) 118,446.335 2021 yearly 1995 - 2021
    Exports: Medicament (USD th) 8,890.714 2021 yearly 1995 - 2021
    Exports: Medicinal and Pharmaceutical Product (USD th) 706.787 2021 yearly 1995 - 2021
    Total Imports (USD mn) 1,453.6 Jun 2022 monthly Mar 2005 - Jun 2022
    Total Imports Growth (%) 30.9 Jun 2022 monthly Mar 2006 - Jun 2022
    Imports: Medicament (USD th) 237,263.348 2021 yearly 1995 - 2021
    Imports: Medicinal and Pharmaceutical Product (USD th) 74,157.525 2021 yearly 1995 - 2021
    Total Exports to USA (USD mn) 37.920 May 2022 monthly Feb 1985 - May 2022
    Total Imports from USA (USD mn) 140.997 May 2022 monthly Jun 1995 - May 2022
    Total Exports to China (USD mn) 310.973 May 2022 monthly May 1995 - May 2022
    Total Imports from China (USD mn) 205.646 May 2022 monthly Jun 1986 - May 2022
    Balance of Payments Last Frequency Range
    Direct Investment Abroad (USD mn) 0.0 Dec 2020 quarterly Mar 2011 - Dec 2020
    Current Account Balance (USD mn) -690.6 Jun 2022 quarterly Mar 2005 - Jun 2022
    Current Account Balance: % of GDP (%) -1.9 Mar 2022 quarterly Mar 2006 - Mar 2022
    Foreign Direct Investment (USD mn) 346.9 Dec 2020 quarterly Mar 2011 - Dec 2020
    Foreign Direct Investment: % of GDP (%) 1.9 Dec 2020 quarterly Mar 2011 - Dec 2020
    Foreign Portfolio Investment (USD mn) -69.820 Dec 2020 quarterly Mar 2011 - Dec 2020
    Foreign Portfolio Investment: % of GDP (%) -0.4 Dec 2020 quarterly Mar 2011 - Dec 2020
    Foreign Portfolio Investment: Equity Securities (USD mn) 18.1 2010 yearly 1975 - 2010
    Foreign Portfolio Investment: Debt Securities (USD mn) -69.820 Dec 2020 quarterly Mar 2011 - Dec 2020
    External Debt (USD mn) 28,100.0 Jun 2022 monthly Jan 2012 - Jun 2022
    External Debt: % of GDP (%) 35.6 2021 yearly 1999 - 2021
    Forecast: Current Account Balance (USD bn) -3.522 2027 yearly 1980 - 2027
    Net International Investment Position (USD mn) -23,540.367 2021 yearly 2006 - 2021
    Monetary Last Frequency Range
    Non Performing Loans Ratio (%) 14.1 Jun 2022 monthly Dec 2005 - Jun 2022
    Non-Performing Loans (USD mn) 1,357.152 Dec 2021 quarterly Mar 2008 - Dec 2021
    Money Supply M1 (USD mn) 9,690.208 Mar 2022 quarterly Mar 1990 - Mar 2022
    Money Supply M2 (USD mn) 14,911.123 Mar 2022 quarterly Mar 1990 - Mar 2022
    M2 Growth (%) 13.8 Mar 2022 quarterly Mar 1991 - Mar 2022
    Foreign Exchange Reserves (USD mn) 5,867.6 Jun 2022 monthly Jan 1965 - Jun 2022
    Foreign Exchange Reserves: % of GDP (%) 9.318 Mar 2022 quarterly Dec 2006 - Mar 2022
    Foreign Exchange Reserves: Months of Import (NA) 4.0 Jun 2022 monthly Mar 2005 - Jun 2022
    Gold Reserves (Metric Ton) 1,000.000 2021 yearly 2008 - 2021
    Total Deposits (USD mn) 17,591.475 Mar 2022 monthly Dec 2004 - Mar 2022
    Total Deposits Growth (%) 20.0 Mar 2022 monthly Dec 2005 - Mar 2022
    Domestic Credit (USD mn) 25,818.0 Feb 2022 monthly Jan 1967 - Feb 2022
    Domestic Credit Growth (%) 24.9 Feb 2022 monthly Jan 1968 - Feb 2022
    Total Loans (USD mn) 8,294.334 Mar 2022 monthly Dec 2011 - Mar 2022
    Total Loans Growth (%) 24.64 Mar 2022 monthly Dec 2012 - Mar 2022
    Private Debt: % of Nominal GDP (%) 10.26 Dec 2021 quarterly Dec 2013 - Dec 2021
    Business and Economic Survey Last Frequency Range
    Business Confidence Growth (%) -17.2 Jun 2022 monthly Dec 2013 - Jun 2022

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