Debt outstanding and disbursed, Total to GDP in Ghana
Ghana: Debt outstanding and disbursed, Total to GDP was 28.8% in 2011. ◆ Volatile
Debt outstanding and disbursed, Total to GDP in Ghana, 1970–2011
Source: World Bank, Global Development Finance. Measured in % of GDP.
Analysis
In 2011, debt outstanding and disbursed, total to gdp in Ghana stood at 28.8%.
The figure is down 0.6% on the previous year and down 76.7% over ten years.
Over the whole period, debt outstanding and disbursed, total to gdp in Ghana peaked at 125.6% in 2000 and was at its lowest, 0.0%, in 1970.
That places Ghana 25th out of 50 countries with data for 2011, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Debt outstanding and disbursed, Total to GDP in Ghana, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 22.6% | +110634.5% |
| 1972 | 28.6% | +26.8% |
| 1973 | 30.7% | +7.1% |
| 1974 | 26.2% | -14.5% |
| 1975 | 26.2% | -0.3% |
| 1976 | 25.8% | -1.5% |
| 1977 | 33.4% | +29.8% |
| 1978 | 34.9% | +4.4% |
| 1979 | 31.9% | -8.6% |
| 1980 | 31.5% | -1.1% |
| 1981 | 36.4% | +15.6% |
| 1982 | 36.8% | +0.9% |
| 1983 | 41.1% | +11.7% |
| 1984 | 44.4% | +8.2% |
| 1985 | 49.8% | +12.1% |
| 1986 | 48.0% | -3.7% |
| 1987 | 64.7% | +35.0% |
| 1988 | 58.8% | -9.1% |
| 1989 | 62.7% | +6.7% |
| 1990 | 63.4% | +1.1% |
| 1991 | 62.9% | -0.7% |
| 1992 | 66.1% | +4.9% |
| 1993 | 76.6% | +16.0% |
| 1994 | 93.7% | +22.2% |
| 1995 | 85.0% | -9.2% |
| 1996 | 83.5% | -1.8% |
| 1997 | 82.9% | -0.7% |
| 1998 | 84.3% | +1.8% |
| 1999 | 84.3% | -0.1% |
| 2000 | 125.6% | +49.0% |
| 2001 | 123.5% | -1.7% |
| 2002 | 117.0% | -5.3% |
| 2003 | 103.4% | -11.6% |
| 2004 | 83.8% | -19.0% |
| 2005 | 66.9% | -20.1% |
| 2006 | 18.1% | -73.0% |
| 2007 | 20.7% | +14.2% |
| 2008 | 19.9% | -3.4% |
| 2009 | 27.7% | +38.8% |
| 2010 | 29.0% | +4.6% |
| 2011 | 28.8% | -0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 26.0% | 0.0% | 34.9% | 10 |
| 1980s | 47.4% | 31.5% | 64.7% | 10 |
| 1990s | 78.3% | 62.9% | 93.7% | 10 |
| 2000s | 70.7% | 18.1% | 125.6% | 10 |
| 2010s | 28.9% | 28.8% | 29.0% | 2 |
Countries ranked near Ghana
- 22 Guinea-Bissau 29.3% compare
- 23 Morocco 29.0% compare
- 24 Liberia 29.0% compare
- 26 Ethiopia 28.4% compare
- 27 Madagascar 27.9% compare
- 28 South Africa 27.8% compare
More external debt data for Ghana
- IFC, private nonguaranteed -35.10 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita -1.02 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP -0.0004 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre -281.78 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 1.1% (2024)
- Net financial flows, IDA 843.42 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 24.5 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0101 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD -2.25 million NFL, current US$ (2005)
- Public and publicly guaranteed debt service 2.9% (2024)
Frequently asked questions
- What is debt outstanding and disbursed, total to gdp in Ghana?
- Debt outstanding and disbursed, total to gdp in Ghana was 28.8% in 2011, according to World Bank, Global Development Finance.
- What is the highest debt outstanding and disbursed, total to gdp recorded in Ghana?
- The highest recorded value was 125.6% in 2000.
- What is the lowest debt outstanding and disbursed, total to gdp recorded in Ghana?
- The lowest recorded value was 0.0% in 1970.
- How does Ghana rank for debt outstanding and disbursed, total to gdp?
- Ghana ranks 25th out of 50 countries with data for 2011.
- Is debt outstanding and disbursed, total to gdp rising or falling in Ghana?
- Over the last ten years it is down 76.7%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from World Bank, Global Development Finance, published as part of Debt outstanding and disbursed, Total to GDP (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data expressed as a percentage of GDP at market prices.