Total government debt in Ghana

Ghana: Total government debt was 38.70 billion current LCU in 2010. ◆ Volatile

Latest (2010)
38.70 billion current LCU
Change on year
up 15.5%
World rank
33rd
of 44 countries
All-time high
38.70 billion current LCU
in 2010
All-time low
92.45 million current LCU
in 1984
Years of data
23
1984–2010

Total government debt in Ghana, 1984–2010

010.0B20.0B30.0B40.0B1984199720101984: 92.5M current LCU1985: 119.3M current LCU1986: 151.1M current LCU1987: 201.2M current LCU1988: 333.1M current LCU1989: 515.1M current LCU1990: 652.4M current LCU1995: 4.9B current LCU1996: 5.4B current LCU1997: 6.5B current LCU1998: 8.0B current LCU1999: 7.5B current LCU2000: 7.6B current LCU2001: 4.9B current LCU2002: 7.2B current LCU2003: 10.1B current LCU2004: 13.3B current LCU2005: 17.3B current LCU2006: 22.1B current LCU2007: 25.4B current LCU2008: 29.4B current LCU2009: 33.5B current LCU2010: 38.7B current LCU

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 30 Comoros 139.31 billion current LCU compare
  2. 31 Djibouti 93.51 billion current LCU compare
  3. 32 Eritrea 40.90 billion current LCU compare
  4. 34 Tunisia 29.88 billion current LCU compare
  5. 35 Namibia 26.52 billion current LCU compare
  6. 36 Botswana 18.58 billion current LCU compare

See the full ranking of 44 places →

More science & technology data for Ghana

All data for Ghana →

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.

Download this data

CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Total government debt (current LCU)
Unit
current LCU
Source
World Bank country economists
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
44 places, 1,020 data points, 1965–2011
Last refreshed

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.