Debt service on external debt, total (TDS, current US$), annual in Ghana

Ghana: Debt service on external debt, total (TDS, current US$), annual was -29.21 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-29.21 % change on previous year
Change on year
up 14.5%
World rank
113th
of 121 countries
All-time high
270.58 % change on previous year
in 2016
All-time low
-69.04 % change on previous year
in 2020
Years of data
54
1971–2024

Debt service on external debt, total (TDS, current US$), annual in Ghana, 1971–2024

-1000100200300197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for debt service on external debt, total (tds, current us$), annual in Ghana is -29.21 % change on previous year, measured in 2024.

The figure is up 14.5% on the previous year and down 114.7% over ten years.

Over the whole period, debt service on external debt, total (tds, current us$), annual in Ghana peaked at 270.58 % change on previous year in 2016 and was at its lowest, -69.04 % change on previous year, in 2020.

That places Ghana 113th out of 121 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Debt service on external debt, total (TDS, current US$), annual in Ghana, year by year

Annual values for Debt service on external debt, total (TDS, current US$), annual growth rate in Ghana, 1971 to 2024.
Year % change on previous year Change
1971 10.75 % change on previous year
1972 -42.51 % change on previous year -495.4%
1973 -0.6514 % change on previous year -98.5%
1974 1.57 % change on previous year -341.2%
1975 76.73 % change on previous year +4784.3%
1976 -10.57 % change on previous year -113.8%
1977 -26.99 % change on previous year +155.3%
1978 95.03 % change on previous year -452.1%
1979 40.09 % change on previous year -57.8%
1980 53.54 % change on previous year +33.6%
1981 -25.47 % change on previous year -147.6%
1982 -6.33 % change on previous year -75.2%
1983 30.79 % change on previous year -586.6%
1984 -8.51 % change on previous year -127.7%
1985 19.96 % change on previous year -334.5%
1986 43 % change on previous year +115.4%
1987 82.07 % change on previous year +90.9%
1988 31.48 % change on previous year -61.6%
1989 -16.82 % change on previous year -153.4%
1990 -18.91 % change on previous year +12.4%
1991 -18.1 % change on previous year -4.3%
1992 5.84 % change on previous year -132.3%
1993 -3.4 % change on previous year -158.2%
1994 19.7 % change on previous year -679.1%
1995 10.02 % change on previous year -49.1%
1996 18.89 % change on previous year +88.6%
1997 15.85 % change on previous year -16.1%
1998 4.16 % change on previous year -73.7%
1999 -9.64 % change on previous year -331.6%
2000 -11.13 % change on previous year +15.4%
2001 -33.22 % change on previous year +198.4%
2002 -28.88 % change on previous year -13.1%
2003 126.11 % change on previous year -536.7%
2004 -44.79 % change on previous year -135.5%
2005 26.99 % change on previous year -160.3%
2006 -7.62 % change on previous year -128.2%
2007 -8.88 % change on previous year +16.5%
2008 5.61 % change on previous year -163.2%
2009 13.7 % change on previous year +144.1%
2010 31.44 % change on previous year +129.5%
2011 11.03 % change on previous year -64.9%
2012 84.6 % change on previous year +667.3%
2013 -10.04 % change on previous year -111.9%
2014 198.09 % change on previous year -2073.6%
2015 -51.6 % change on previous year -126.0%
2016 270.58 % change on previous year -624.4%
2017 37.87 % change on previous year -86.0%
2018 -30.59 % change on previous year -180.8%
2019 112.68 % change on previous year -468.4%
2020 -69.04 % change on previous year -161.3%
2021 13.92 % change on previous year -120.2%
2022 76.99 % change on previous year +453.2%
2023 -34.17 % change on previous year -144.4%
2024 -29.21 % change on previous year -14.5%

Averages by decade

DecadeAverage LowestHighest Years
1970s 15.94 % change on previous year -42.51 % change on previous year 95.03 % change on previous year 9
1980s 20.37 % change on previous year -25.47 % change on previous year 82.07 % change on previous year 10
1990s 2.44 % change on previous year -18.91 % change on previous year 19.7 % change on previous year 10
2000s 3.79 % change on previous year -44.79 % change on previous year 126.11 % change on previous year 10
2010s 65.41 % change on previous year -51.6 % change on previous year 270.58 % change on previous year 10
2020s -8.3 % change on previous year -69.04 % change on previous year 76.99 % change on previous year 5

Countries ranked near Ghana

  1. 110 Iraq -23.79 % change on previous year compare
  2. 111 Gabon -27.24 % change on previous year compare
  3. 112 Guinea-Bissau -28.68 % change on previous year compare
  4. 114 Kyrgyzstan -30.91 % change on previous year compare
  5. 115 Belarus -32.68 % change on previous year compare
  6. 116 Armenia -34.46 % change on previous year compare

See the full ranking of 133 places →

More external debt data for Ghana

All data for Ghana →

Frequently asked questions

What is debt service on external debt, total (tds, current us$), annual in Ghana?
Debt service on external debt, total (tds, current us$), annual in Ghana was -29.21 % change on previous year in 2024, according to Statizoid (derived).
What is the highest debt service on external debt, total (tds, current us$), annual recorded in Ghana?
The highest recorded value was 270.58 % change on previous year in 2016.
What is the lowest debt service on external debt, total (tds, current us$), annual recorded in Ghana?
The lowest recorded value was -69.04 % change on previous year in 2020.
How does Ghana rank for debt service on external debt, total (tds, current us$), annual?
Ghana ranks 113th out of 121 countries with data for 2024.
Is debt service on external debt, total (tds, current us$), annual rising or falling in Ghana?
Over the last ten years it is down 114.7%. The long-run trend across the full record is volatile.
Where does this Ghana data come from?
The figures come from Statizoid (derived), published as part of Debt service on external debt, total (TDS, current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Debt service on external debt, total (TDS, current US$), annual in Ghana. Statizoid, drawing on Statizoid (derived). Retrieved 10 September 2026, from https://debt.statizoid.com/stat/debt-service-on-external-debt-total-tds-current-us-annual-growth-rate/ghana/

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How this figure is calculated

The year-on-year percentage change in Debt service on external debt, total (TDS, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Debt service on external debt, total (TDS, current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
133 places, 6,266 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Debt service on external debt, total (TDS, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.