External borrowing, net in Ghana
Ghana: External borrowing, net was 829.87 million current LCU in 2010. ◆ Volatile
External borrowing, net in Ghana, 1974–2010
Source: World Bank country economists. Measured in current LCU.
Analysis
Ghana recorded 829.87 million current LCU for external borrowing, net in 2010.
Compared with earlier readings it is down 4.9% on the previous year and up 239.2% over ten years.
Over the whole period, external borrowing, net in Ghana peaked at 1.82 billion current LCU in 2006 and was at its lowest, 21,000 current LCU, in 1977.
Ghana ranks 35th of 50 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External borrowing, net in Ghana, year by year
| Year | current LCU | Change |
|---|---|---|
| 1974 | 30,000 current LCU | — |
| 1975 | 37,000 current LCU | +23.3% |
| 1976 | 39,000 current LCU | +5.4% |
| 1977 | 21,000 current LCU | -46.2% |
| 1978 | 69,000 current LCU | +228.6% |
| 1979 | 329,159 current LCU | +377.0% |
| 1980 | 626,900 current LCU | +90.5% |
| 1981 | 1.16 million current LCU | +85.7% |
| 1982 | 2.10 million current LCU | +80.4% |
| 1983 | 3.57 million current LCU | +69.8% |
| 1984 | 4.53 million current LCU | +27.1% |
| 1985 | 8.69 million current LCU | +91.6% |
| 1986 | 8.56 million current LCU | -1.5% |
| 1987 | 9.91 million current LCU | +15.7% |
| 1988 | 24.09 million current LCU | +143.1% |
| 1989 | 23.62 million current LCU | -2.0% |
| 1990 | 33.58 million current LCU | +42.2% |
| 1991 | 41.80 million current LCU | +24.5% |
| 1992 | 65.45 million current LCU | +56.6% |
| 1993 | 53.50 million current LCU | -18.3% |
| 1994 | 44.80 million current LCU | -16.3% |
| 1995 | 13.40 million current LCU | -70.1% |
| 1996 | 146.96 million current LCU | +996.7% |
| 1997 | 134.44 million current LCU | -8.5% |
| 1998 | 295.75 million current LCU | +120.0% |
| 1999 | 154.65 million current LCU | -47.7% |
| 2000 | 244.64 million current LCU | +58.2% |
| 2001 | 224.97 million current LCU | -8.0% |
| 2002 | 860.83 million current LCU | +282.6% |
| 2003 | 170.77 million current LCU | -80.2% |
| 2004 | 955.46 million current LCU | +459.5% |
| 2005 | 1.21 billion current LCU | +26.5% |
| 2006 | 1.82 billion current LCU | +50.9% |
| 2007 | 1.54 billion current LCU | -15.7% |
| 2008 | 998.11 million current LCU | -35.1% |
| 2009 | 872.35 million current LCU | -12.6% |
| 2010 | 829.87 million current LCU | -4.9% |
Ghana compared with similar countries
- Ghana's 829.87 million current LCU is below the median for lower middle income countries, which is 3.27 billion current LCU, 25% of the median. (24 countries reporting)
- Ghana's 829.87 million current LCU is below the median for Sub-Saharan Africa, which is 9.40 billion current LCU, 9% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where External borrowing, net in Ghana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +996.7% | 13.40 million current LCU | 146.96 million current LCU |
| 2004 | +459.5% | 170.77 million current LCU | 955.46 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 87,526 current LCU | 21,000 current LCU | 329,159 current LCU | 6 |
| 1980s | 8.69 million current LCU | 626,900 current LCU | 24.09 million current LCU | 10 |
| 1990s | 98.43 million current LCU | 13.40 million current LCU | 295.75 million current LCU | 10 |
| 2000s | 889.76 million current LCU | 170.77 million current LCU | 1.82 billion current LCU | 10 |
| 2010s | 829.87 million current LCU | 829.87 million current LCU | 829.87 million current LCU | 1 |
Countries ranked near Ghana
More science & technology data for Ghana
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 113.65 (2024)
- Mobile cellular subscriptions by country, per capita 1.14 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0.0005 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 39.13 million (2024)
- Mobile cellular subscriptions by country, per square kilometre 146.72 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate 15.02 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate 17.2 % change on previous year (2024)
- Scientific and technical journal articles 3,270 (2023)
- Scientific and technical journal articles, per capita 0.0001 units per person (2023)
Frequently asked questions
- What is external borrowing, net in Ghana?
- External borrowing, net in Ghana was 829.87 million current LCU in 2010, according to World Bank country economists.
- What is the highest external borrowing, net recorded in Ghana?
- The highest recorded value was 1.82 billion current LCU in 2006.
- What is the lowest external borrowing, net recorded in Ghana?
- The lowest recorded value was 21,000 current LCU in 1977.
- How does Ghana rank for external borrowing, net?
- Ghana ranks 35th out of 50 countries with data for 2010.
- Is external borrowing, net rising or falling in Ghana?
- Over the last ten years it is up 239.2%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from World Bank country economists, published as part of External borrowing, net (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 37 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Financing from abroad (obtained from nonresidents) refer to the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. It includes all government liabilities--other. Data are in current local currency.