External borrowing, net in Ghana

Ghana: External borrowing, net was 829.87 million current LCU in 2010. ◆ Volatile

Latest (2010)
829.87 million current LCU
Change on year
down 4.9%
World rank
35th
of 50 countries
All-time high
1.82 billion current LCU
in 2006
All-time low
21,000 current LCU
in 1977
Years of data
37
1974–2010

External borrowing, net in Ghana, 1974–2010

0500.0M1.0B1.5B2.0B1974199220101974: 30.0k current LCU1975: 37.0k current LCU1976: 39.0k current LCU1977: 21.0k current LCU1978: 69.0k current LCU1979: 329.2k current LCU1980: 626.9k current LCU1981: 1.2M current LCU1982: 2.1M current LCU1983: 3.6M current LCU1984: 4.5M current LCU1985: 8.7M current LCU1986: 8.6M current LCU1987: 9.9M current LCU1988: 24.1M current LCU1989: 23.6M current LCU1990: 33.6M current LCU1991: 41.8M current LCU1992: 65.5M current LCU1993: 53.5M current LCU1994: 44.8M current LCU1995: 13.4M current LCU1996: 147.0M current LCU1997: 134.4M current LCU1998: 295.8M current LCU1999: 154.6M current LCU2000: 244.6M current LCU2001: 225.0M current LCU2002: 860.8M current LCU2003: 170.8M current LCU2004: 955.5M current LCU2005: 1.2B current LCU2006: 1.8B current LCU2007: 1.5B current LCU2008: 998.1M current LCU2009: 872.4M current LCU2010: 829.9M current LCU

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 32 Lesotho 1.61 billion current LCU compare
  2. 33 Sudan 1.09 billion current LCU compare
  3. 34 Gambia 857.00 million current LCU compare
  4. 36 Namibia 552.00 million current LCU compare
  5. 37 Eritrea 242.00 million current LCU compare
  6. 38 Cape Verde 14,484 current LCU compare

See the full ranking of 50 places →

More science & technology data for Ghana

All data for Ghana →

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.

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About this data

Indicator
External borrowing, net (current LCU)
Unit
current LCU
Source
World Bank country economists
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
50 places, 1,388 data points, 1965–2011
Last refreshed

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.