Ghana Private Debt: % of Nominal GDP
2006 - 2025 | Quarterly | % | CEIC Data
Key information about Ghana Private Debt: % of Nominal GDP
- Ghana Private Debt accounted for 6.78 % of its Nominal GDP in Mar 2025, compared with a ratio of 8.33 % in the previous quarter
- Ghana Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Dec 2006 to Mar 2025, with an average share of 17.12 %
- The data reached an all-time high of 17.38 % in Jun 2015 and a record low of 6.78 % in Mar 2025
CEIC calculates quarterly Private Debt as % of Nominal GDP from quarterly Private Debt and quarterly Nominal GDP. The International Monetary Fund provides Private Debt in local currency. Ghana Statistical Service provides Nominal GDP in local currency.
View Ghana's Private Debt: % of Nominal GDP from Dec 2006 to Mar 2025 in the chart:
What was Ghana's Private Debt: % of Nominal GDP in Mar 2025?
Ghana Private Debt accounted for 6.78 % of its Nominal GDP in Mar 2025, compared with a ratio of 8.33 % in the previous quarter See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 6.78 Mar 2025 | 8.33 Dec 2024 | 6.78 Mar 2025 | 17.38 Jun 2015 | % | quarterly | Dec 2006 - Mar 2025 |
Private Debt: % of Nominal GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 32.89 Jun 2025 | quarterly | Dec 2002 - Jun 2025 |
| Algeria (%) | 18.54 Dec 2024 | quarterly | Jun 2006 - Dec 2024 |
| Argentina (%) | 13.08 Jun 2025 | quarterly | Dec 2004 - Jun 2025 |
| Armenia (%) | 62.22 Sep 2025 | quarterly | Dec 2000 - Sep 2025 |
| Australia (%) | 128.12 Jun 2025 | quarterly | Mar 1990 - Jun 2025 |
| Austria (%) | 86.71 Jun 2025 | quarterly | Dec 1998 - Jun 2025 |
| Azerbaijan (%) | 24.77 Jun 2025 | quarterly | Dec 2001 - Jun 2025 |
| Bahrain (%) | 62.48 Sep 2023 | quarterly | Mar 2008 - Sep 2023 |
| Bangladesh (%) | 31.31 2025 | yearly | 1974 - 2025 |
| Belarus (%) | 20.79 Jun 2025 | quarterly | Dec 2006 - Jun 2025 |
| Belgium (%) | 65.44 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Bolivia (%) | 68.67 Dec 2024 | quarterly | Dec 1997 - Dec 2024 |
| Bosnia and Herzegovina (%) | 45.55 Jun 2025 | quarterly | Dec 2008 - Jun 2025 |
| Botswana (%) | 31.92 Jun 2025 | quarterly | Dec 2002 - Jun 2025 |
| Brazil (%) | 52.64 Sep 2025 | quarterly | Mar 2012 - Sep 2025 |
| Brunei (%) | 28.71 Jun 2025 | quarterly | Dec 2013 - Jun 2025 |
| Bulgaria (%) | 52.81 Sep 2025 | quarterly | Dec 2005 - Sep 2025 |
| Cambodia (%) | 122.61 2023 | yearly | 2010 - 2023 |
| Canada (%) | 210.25 Sep 2025 | quarterly | Mar 1969 - Sep 2025 |
| Chile (%) | 67.17 Sep 2025 | quarterly | Mar 2012 - Sep 2025 |
| China (%) | 199.35 Jun 2025 | quarterly | Dec 1992 - Jun 2025 |
| Colombia (%) | 38.98 Jun 2025 | quarterly | Dec 2005 - Jun 2025 |
| Croatia (%) | 49.26 Jun 2025 | quarterly | Dec 2008 - Jun 2025 |
| Cyprus (%) | 55.06 Sep 2025 | quarterly | Dec 2005 - Sep 2025 |
| Czech Republic (%) | 47.53 Sep 2025 | quarterly | Mar 1997 - Sep 2025 |
| Denmark (%) | 28.26 Sep 2025 | quarterly | Dec 2013 - Sep 2025 |
| Ecuador (%) | 55.23 Jun 2025 | quarterly | Mar 2004 - Jun 2025 |
| Egypt (%) | 24.69 Jun 2025 | quarterly | Jun 2002 - Jun 2025 |
| Estonia (%) | 62.22 Sep 2025 | quarterly | Mar 1997 - Sep 2025 |
| European Union (%) | 77.33 Jun 2025 | quarterly | Sep 1997 - Jun 2025 |
| Finland (%) | 90.26 Sep 2025 | quarterly | Sep 1997 - Sep 2025 |
| France (%) | 105.63 Sep 2025 | quarterly | Mar 1980 - Sep 2025 |
| Georgia (%) | 65.57 Jun 2025 | quarterly | Dec 1996 - Jun 2025 |
| Germany (%) | 73.24 Sep 2025 | quarterly | Dec 1991 - Sep 2025 |
| Ghana (%) | 6.78 Mar 2025 | quarterly | Dec 2006 - Mar 2025 |
| Greece (%) | 51.53 Jun 2025 | quarterly | Mar 2001 - Jun 2025 |
| Hong Kong SAR, China (%) | 190.47 Sep 2025 | quarterly | Dec 1973 - Sep 2025 |
| Hungary (%) | 54.34 Jun 2025 | quarterly | Dec 2015 - Jun 2025 |
| Iceland (%) | 88.68 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| India (%) | 51.51 Mar 2022 | quarterly | Mar 1997 - Mar 2022 |
| Indonesia (%) | 30.26 Sep 2025 | quarterly | Mar 2002 - Sep 2025 |
| Iran (%) | 60.30 2016 | yearly | 1961 - 2016 |
| Ireland (%) | 22.32 Jun 2025 | quarterly | Mar 2003 - Jun 2025 |
| Israel (%) | 111.94 Jun 2025 | quarterly | Dec 1995 - Jun 2025 |
| Italy (%) | 57.33 Sep 2025 | quarterly | Jun 1998 - Sep 2025 |
| Ivory Coast (%) | 22.54 2024 | yearly | 2016 - 2024 |
| Japan (%) | 119.17 Jun 2025 | quarterly | Dec 2001 - Jun 2025 |
| Jordan (%) | 78.21 Jun 2025 | quarterly | Mar 2002 - Jun 2025 |
| Kazakhstan (%) | 26.42 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Kenya (%) | 27.48 Jun 2025 | quarterly | Dec 2009 - Jun 2025 |
| South Korea (%) | 162.22 Jun 2025 | quarterly | Mar 1991 - Jun 2025 |
| Kosovo (%) | 59.53 Jun 2025 | quarterly | Dec 2010 - Jun 2025 |
| Kuwait (%) | 103.67 Jun 2025 | quarterly | Dec 2010 - Jun 2025 |
| Kyrgyzstan (%) | 27.20 Sep 2025 | quarterly | Dec 2003 - Sep 2025 |
| Laos (%) | 56.96 2024 | yearly | 2012 - 2024 |
| Latvia (%) | 29.52 Sep 2025 | quarterly | Sep 2003 - Sep 2025 |
| Lebanon (%) | 102.16 2017 | yearly | 1988 - 2017 |
| Lithuania (%) | 38.32 Sep 2025 | quarterly | Mar 2004 - Sep 2025 |
| Luxembourg (%) | 80.32 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Macau SAR, China (%) | 125.76 Sep 2025 | quarterly | Dec 2001 - Sep 2025 |
| North Macedonia (%) | 52.32 Jun 2025 | quarterly | Mar 2003 - Jun 2025 |
| Malawi (%) | 7.49 2023 | yearly | 2017 - 2023 |
| Malaysia (%) | 117.38 Sep 2025 | quarterly | Dec 2001 - Sep 2025 |
| Malta (%) | 62.85 Sep 2025 | quarterly | Dec 2003 - Sep 2025 |
| Mauritius (%) | 70.09 Jun 2025 | quarterly | Dec 2001 - Jun 2025 |
| Mexico (%) | 20.92 Sep 2025 | quarterly | Mar 2004 - Sep 2025 |
| Moldova (%) | 27.01 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| Mongolia (%) | 49.12 Sep 2025 | quarterly | Dec 2010 - Sep 2025 |
| Montenegro (%) | 49.26 Jun 2025 | quarterly | Mar 2007 - Jun 2025 |
| Morocco (%) | 52.30 Jun 2025 | quarterly | Dec 2007 - Jun 2025 |
| Mozambique (%) | 16.84 2024 | yearly | 2001 - 2024 |
| Myanmar (%) | 28.98 2020 | yearly | 1960 - 2020 |
| Nepal (%) | 74.44 2024 | yearly | 2003 - 2024 |
| Netherlands (%) | 82.42 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| New Zealand (%) | 135.36 Jun 2025 | quarterly | Mar 1988 - Jun 2025 |
| Nigeria (%) | 15.41 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
| Norway (%) | 116.82 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Oman (%) | 52.41 Jun 2025 | quarterly | Dec 2005 - Jun 2025 |
| Pakistan (%) | 9.60 2024 | yearly | 2005 - 2024 |
| Palestinian Territory (%) | 70.25 Jun 2025 | quarterly | Dec 2013 - Jun 2025 |
| Panama (%) | 68.25 Jun 2025 | quarterly | Dec 2007 - Jun 2025 |
| Paraguay (%) | 40.81 Sep 2023 | quarterly | Dec 1994 - Sep 2023 |
| Peru (%) | 31.70 Sep 2025 | quarterly | Mar 1992 - Sep 2025 |
| Philippines (%) | 49.80 Sep 2025 | quarterly | Dec 2001 - Sep 2025 |
| Poland (%) | 33.01 Sep 2025 | quarterly | Dec 2009 - Sep 2025 |
| Portugal (%) | 71.50 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Qatar (%) | 116.09 Jun 2025 | quarterly | Dec 2011 - Jun 2025 |
| Romania (%) | 22.76 Jun 2025 | quarterly | Mar 2007 - Jun 2025 |
| Russia (%) | 54.92 Dec 2023 | quarterly | Sep 2002 - Dec 2023 |
| Saudi Arabia (%) | 64.59 Jun 2025 | quarterly | Dec 2003 - Jun 2025 |
| Serbia (%) | 34.75 Sep 2025 | quarterly | Mar 2004 - Sep 2025 |
| Singapore (%) | 129.14 Sep 2025 | quarterly | Mar 2004 - Sep 2025 |
| Slovakia (%) | 60.47 Jun 2025 | quarterly | Mar 2009 - Jun 2025 |
| Slovenia (%) | 36.11 Sep 2025 | quarterly | Dec 2004 - Sep 2025 |
| South Africa (%) | 67.96 Sep 2025 | quarterly | Mar 1965 - Sep 2025 |
| Spain (%) | 70.61 Sep 2025 | quarterly | Mar 2003 - Sep 2025 |
| Sri Lanka (%) | 26.04 Dec 2024 | quarterly | Dec 2010 - Dec 2024 |
| Sudan (%) | 5.64 2022 | yearly | 1960 - 2022 |
| Sweden (%) | 124.36 Sep 2025 | quarterly | Dec 1991 - Sep 2025 |
| Switzerland (%) | 160.34 Sep 2025 | quarterly | Dec 1996 - Sep 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) | 49.0 Aug 2025 | monthly | Mar 2005 - Aug 2025 |
| Total Exports (USD mn) | 1,909.0 Aug 2025 | monthly | Jan 2010 - Aug 2025 |
| Total Exports Growth (%) | 9.9 Aug 2025 | monthly | Jan 2011 - Aug 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) | 1,859.9 Aug 2025 | monthly | Mar 2005 - Aug 2025 |
| Total Imports Growth (%) | 53.5 Aug 2025 | monthly | Mar 2006 - Aug 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) | 32.828 Jul 2025 | monthly | Feb 1985 - Jul 2025 |
| Total Imports from USA (USD mn) | 109.566 Jul 2025 | monthly | Jun 1995 - Jul 2025 |
| Total Exports to China (USD mn) | 212.147 Jul 2025 | monthly | May 1995 - Jul 2025 |
| Total Imports from China (USD mn) | 321.288 Jul 2025 | monthly | Jun 1986 - Jul 2025 |
| Export Volume Index (2015=100) | 97.296 2021 | yearly | 1980 - 2021 |
| Export Value Index (2015=100) | 142.693 2021 | yearly | 1980 - 2021 |
| Import Volume Index (2015=100) | 84.815 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 101.215 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) | 1,120.0 Jun 2025 | quarterly | Mar 2003 - Jun 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) | 0.197 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 (%) | 19.5 Oct 2025 | monthly | Dec 2005 - Oct 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) | 3,368.9 Jan 2024 | monthly | Jan 1965 - Jan 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 3.623 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.4 Jan 2024 | monthly | Mar 2005 - Jan 2024 |
| 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 (%) | 15.6 Sep 2025 | monthly | Jan 2000 - Sep 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 |
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