Ghana vs Zambia: Net flows on external debt, private nonguaranteed (PNG)

Ghana
-1.24 billion NFL, current US$
in 2024
Zambia
-1.11 billion NFL, current US$
in 2024
Ghana rank
82nd
Zambia rank
81st

Net flows on external debt, private nonguaranteed (PNG) over time

  • Ghana
  • Zambia
-5.0B-2.5B02.5B5.0B197019972024

How they compare

Zambia currently reports -1.11 billion NFL, current US$ against -1.24 billion NFL, current US$ in Ghana, a difference of 125.61 million NFL, current US$.

The two have swapped places 10 times across 35 shared years of data; in 1990 it was Zambia ahead.

Ghana ranks 82nd and Zambia ranks 81st of 93 countries.

Across the 4 decades both report, Ghana averaged higher in 3 and Zambia in 1.

Head to head by decade

Decade Ghana Zambia Difference Ahead
1990s 22.70 million NFL, current US$ 7.29 million NFL, current US$ 15.41 million NFL, current US$ Ghana
2000s 603.52 million NFL, current US$ 93.77 million NFL, current US$ 509.75 million NFL, current US$ Ghana
2010s 57.32 million NFL, current US$ 1.73 billion NFL, current US$ 1.67 billion NFL, current US$ Zambia
2020s -348.56 million NFL, current US$ -571.53 million NFL, current US$ 222.97 million NFL, current US$ Ghana

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net flows on external debt, private nonguaranteed (png), Ghana or Zambia?
Zambia, at -1.11 billion NFL, current US$ against -1.24 billion NFL, current US$ in Ghana as of 2024.
What is the difference in net flows on external debt, private nonguaranteed (png) between Ghana and Zambia?
125.61 million NFL, current US$, with Zambia ahead.
How many years of comparable data are there for Ghana and Zambia?
35 years are reported by both, from 1990 to 2024.
How do Ghana and Zambia rank globally for net flows on external debt, private nonguaranteed (png)?
Ghana ranks 82nd and Zambia ranks 81st of 93 countries.
Where does this data come from?
International Debt Statistics, World Bank (WB), published as Net flows on external debt, private nonguaranteed (PNG) (NFL, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ghana vs Zambia: Net flows on external debt, private nonguaranteed (PNG). Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 03 September 2026, from https://debt.statizoid.com/compare/net-flows-on-external-debt-private-nonguaranteed-png-nfl-current-us/ghana/zambia/

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<a href="https://debt.statizoid.com/compare/net-flows-on-external-debt-private-nonguaranteed-png-nfl-current-us/ghana/zambia/">Ghana vs Zambia: Net flows on external debt, private nonguaranteed (PNG)</a> — Statizoid

About this data

Indicator
Net flows on external debt, private nonguaranteed (PNG) (NFL, current US$)
Unit
NFL, current US$
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
105 places, 3,634 data points, 1970–2024
Last refreshed

Private nonguaranteed external debt is an external obligation of a private debtor that is not guaranteed for repayment by a public entity. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents by residents of an economy and repayable in currency, goods, or services. Data are in current U.S. dollars.