Total government debt in Ghana
Ghana: Total government debt was 38.70 billion current LCU in 2010. ◆ Volatile
Total government debt in Ghana, 1984–2010
Source: World Bank country economists. Measured in current LCU.
Analysis
Ghana recorded 38.70 billion current LCU for total government debt in 2010. That is the highest value across all 23 years on record.
Compared with earlier readings it is up 15.5% on the previous year and up 412.2% over ten years.
Over the whole period, total government debt in Ghana peaked at 38.70 billion current LCU in 2010 and was at its lowest, 92.45 million current LCU, in 1984.
That places Ghana 33rd out of 44 countries with data for 2010, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total government debt in Ghana, year by year
| Year | current LCU | Change |
|---|---|---|
| 1984 | 92.45 million current LCU | — |
| 1985 | 119.31 million current LCU | +29.1% |
| 1986 | 151.14 million current LCU | +26.7% |
| 1987 | 201.22 million current LCU | +33.1% |
| 1988 | 333.13 million current LCU | +65.6% |
| 1989 | 515.07 million current LCU | +54.6% |
| 1990 | 652.43 million current LCU | +26.7% |
| 1995 | 4.95 billion current LCU | +658.4% |
| 1996 | 5.41 billion current LCU | +9.2% |
| 1997 | 6.52 billion current LCU | +20.7% |
| 1998 | 8.03 billion current LCU | +23.1% |
| 1999 | 7.49 billion current LCU | -6.7% |
| 2000 | 7.56 billion current LCU | +0.8% |
| 2001 | 4.90 billion current LCU | -35.1% |
| 2002 | 7.19 billion current LCU | +46.6% |
| 2003 | 10.14 billion current LCU | +41.0% |
| 2004 | 13.26 billion current LCU | +30.8% |
| 2005 | 17.29 billion current LCU | +30.4% |
| 2006 | 22.07 billion current LCU | +27.7% |
| 2007 | 25.38 billion current LCU | +15.0% |
| 2008 | 29.37 billion current LCU | +15.7% |
| 2009 | 33.49 billion current LCU | +14.0% |
| 2010 | 38.70 billion current LCU | +15.5% |
Ghana compared with similar countries
- Ghana's 38.70 billion current LCU is below the median for lower middle income countries, which is 676.14 billion current LCU, 6% of the median. (22 countries reporting)
- Ghana's 38.70 billion current LCU is below the median for Sub-Saharan Africa, which is 525.00 billion current LCU, 7% of the median. (39 countries reporting)
Biggest year-on-year movements
Years where Total government 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 |
|---|---|---|---|
| 1995 | +658.4% | 652.43 million current LCU | 4.95 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 235.39 million current LCU | 92.45 million current LCU | 515.07 million current LCU | 6 |
| 1990s | 5.51 billion current LCU | 652.43 million current LCU | 8.03 billion current LCU | 6 |
| 2000s | 17.06 billion current LCU | 4.90 billion current LCU | 33.49 billion current LCU | 10 |
| 2010s | 38.70 billion current LCU | 38.70 billion current LCU | 38.70 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 total government debt in Ghana?
- Total government debt in Ghana was 38.70 billion current LCU in 2010, according to World Bank country economists.
- What is the highest total government debt recorded in Ghana?
- The highest recorded value was 38.70 billion current LCU in 2010.
- What is the lowest total government debt recorded in Ghana?
- The lowest recorded value was 92.45 million current LCU in 1984.
- How does Ghana rank for total government debt?
- Ghana ranks 33rd out of 44 countries with data for 2010.
- Is total government debt rising or falling in Ghana?
- Over the last ten years it is up 412.2%. 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 Total government debt (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Data are in current local currency.