Interest on external debt in Ghana
Ghana: Interest on external debt was 1.25 billion current LCU in 2010. ◆ Volatile
Interest on external debt in Ghana, 1979–2010
Source: World Bank country economists. Measured in current LCU.
Analysis
The most recent figure for interest on external debt in Ghana is 1.25 billion current LCU, measured in 2010. That is the highest value across all 32 years on record.
The figure is up 33.2% on the previous year and up 1,368.9% over ten years.
Over the whole period, interest on external debt in Ghana peaked at 1.25 billion current LCU in 2010 and was at its lowest, 7,890 current LCU, in 1997.
Ghana ranks 29th 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.
Interest on external debt in Ghana, year by year
| Year | current LCU | Change |
|---|---|---|
| 1979 | 190,747 current LCU | — |
| 1980 | 318,064 current LCU | +66.7% |
| 1981 | 589,200 current LCU | +85.2% |
| 1982 | 411,900 current LCU | -30.1% |
| 1983 | 603,200 current LCU | +46.4% |
| 1984 | 1.08 million current LCU | +79.1% |
| 1985 | 980,500 current LCU | -9.3% |
| 1986 | 1.32 million current LCU | +34.6% |
| 1987 | 2.61 million current LCU | +97.4% |
| 1988 | 4.04 million current LCU | +55.2% |
| 1989 | 6.40 million current LCU | +58.4% |
| 1990 | 9.58 million current LCU | +49.7% |
| 1991 | 14.48 million current LCU | +51.1% |
| 1992 | 24.03 million current LCU | +65.9% |
| 1993 | 24.03 million current LCU | +0.0% |
| 1994 | 27.80 million current LCU | +15.7% |
| 1995 | 58.74 million current LCU | +111.3% |
| 1996 | 67.52 million current LCU | +14.9% |
| 1997 | 7,890 current LCU | -100.0% |
| 1998 | 82.40 million current LCU | +1044259.9% |
| 1999 | 92.74 million current LCU | +12.5% |
| 2000 | 85.13 million current LCU | -8.2% |
| 2001 | 90.28 million current LCU | +6.1% |
| 2002 | 117.82 million current LCU | +30.5% |
| 2003 | 197.25 million current LCU | +67.4% |
| 2004 | 258.82 million current LCU | +31.2% |
| 2005 | 315.04 million current LCU | +21.7% |
| 2006 | 316.20 million current LCU | +0.4% |
| 2007 | 530.15 million current LCU | +67.7% |
| 2008 | 668.84 million current LCU | +26.2% |
| 2009 | 939.03 million current LCU | +40.4% |
| 2010 | 1.25 billion current LCU | +33.2% |
Ghana compared with similar countries
- Ghana's 1.25 billion current LCU is below the median for Sub-Saharan Africa, which is 4.02 billion current LCU, 31% of the median. (46 countries reporting)
- Ghana's 1.25 billion current LCU is below the median for lower middle income countries, which is 5.00 billion current LCU, 25% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Interest on external debt 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 |
|---|---|---|---|
| 1998 | +1044259.9% | 7,890 current LCU | 82.40 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 190,747 current LCU | 190,747 current LCU | 190,747 current LCU | 1 |
| 1980s | 1.84 million current LCU | 318,064 current LCU | 6.40 million current LCU | 10 |
| 1990s | 40.13 million current LCU | 7,890 current LCU | 92.74 million current LCU | 10 |
| 2000s | 351.86 million current LCU | 85.13 million current LCU | 939.03 million current LCU | 10 |
| 2010s | 1.25 billion current LCU | 1.25 billion current LCU | 1.25 billion 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 interest on external debt in Ghana?
- Interest on external debt in Ghana was 1.25 billion current LCU in 2010, according to World Bank country economists.
- What is the highest interest on external debt recorded in Ghana?
- The highest recorded value was 1.25 billion current LCU in 2010.
- What is the lowest interest on external debt recorded in Ghana?
- The lowest recorded value was 7,890 current LCU in 1997.
- How does Ghana rank for interest on external debt?
- Ghana ranks 29th out of 50 countries with data for 2010.
- Is interest on external debt rising or falling in Ghana?
- Over the last ten years it is up 1,368.9%. 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 Interest on external debt (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Interest on external debt (current LCU). Data are in current local currency.