Multilateral debt service (% of public and publicly guaranteed debt) in Ghana
Ghana: Multilateral debt service (% of public and publicly guaranteed debt) was 34.3% in 2024. ◆ Volatile
Multilateral debt service in Ghana, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of public and publicly guaranteed debt service.
Analysis
In 2024, multilateral debt service in Ghana stood at 34.3%.
Compared with earlier readings it is down 38.2% on the previous year and up 214.1% over ten years.
Over the whole period, multilateral debt service in Ghana peaked at 55.6% in 2023 and was at its lowest, 4.9%, in 2018.
Ghana ranks 67th of 123 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Multilateral debt service (% of public and publicly guaranteed debt) in Ghana, year by year
| Year | % of public and publicly guaranteed debt service | Change |
|---|---|---|
| 1970 | 15.8% | — |
| 1971 | 15.6% | -1.6% |
| 1972 | 32.9% | +111.4% |
| 1973 | 21.2% | -35.6% |
| 1974 | 18.8% | -11.2% |
| 1975 | 9.4% | -50.1% |
| 1976 | 10.4% | +10.0% |
| 1977 | 16.1% | +55.6% |
| 1978 | 13.2% | -18.0% |
| 1979 | 17.1% | +29.3% |
| 1980 | 12.8% | -24.8% |
| 1981 | 22.8% | +77.5% |
| 1982 | 31.1% | +36.6% |
| 1983 | 28.4% | -8.8% |
| 1984 | 26.9% | -5.4% |
| 1985 | 31.2% | +16.1% |
| 1986 | 30.1% | -3.4% |
| 1987 | 29.0% | -3.7% |
| 1988 | 25.8% | -10.9% |
| 1989 | 27.0% | +4.5% |
| 1990 | 30.5% | +13.1% |
| 1991 | 46.2% | +51.3% |
| 1992 | 41.4% | -10.4% |
| 1993 | 41.5% | +0.2% |
| 1994 | 35.6% | -14.1% |
| 1995 | 44.7% | +25.4% |
| 1996 | 32.0% | -28.5% |
| 1997 | 27.2% | -15.0% |
| 1998 | 23.8% | -12.6% |
| 1999 | 25.6% | +7.5% |
| 2000 | 28.4% | +11.3% |
| 2001 | 47.5% | +67.1% |
| 2002 | 35.8% | -24.7% |
| 2003 | 27.7% | -22.4% |
| 2004 | 28.4% | +2.2% |
| 2005 | 30.1% | +6.1% |
| 2006 | 28.1% | -6.5% |
| 2007 | 23.4% | -16.9% |
| 2008 | 20.3% | -13.1% |
| 2009 | 17.5% | -14.0% |
| 2010 | 17.9% | +2.5% |
| 2011 | 14.8% | -17.1% |
| 2012 | 13.6% | -8.4% |
| 2013 | 11.9% | -12.8% |
| 2014 | 10.9% | -7.8% |
| 2015 | 8.7% | -20.6% |
| 2016 | 6.1% | -29.3% |
| 2017 | 6.3% | +3.0% |
| 2018 | 4.9% | -23.2% |
| 2019 | 6.1% | +24.9% |
| 2020 | 7.0% | +14.7% |
| 2021 | 6.5% | -6.9% |
| 2022 | 12.1% | +86.8% |
| 2023 | 55.6% | +359.0% |
| 2024 | 34.3% | -38.2% |
Ghana compared with similar countries
- Ghana's 34.3% is above the median for lower middle income countries, which is 34.3%, 1.0× the median. (43 countries reporting)
- Ghana's 34.3% is below the median for Sub-Saharan Africa, which is 39.0%, 88% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where Multilateral debt service (% of public and publicly guaranteed 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 |
|---|---|---|---|
| 2023 | +359.0% | 12.1% | 55.6% |
| 1972 | +111.4% | 15.6% | 32.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17.1% | 9.4% | 32.9% | 10 |
| 1980s | 26.5% | 12.8% | 31.2% | 10 |
| 1990s | 34.8% | 23.8% | 46.2% | 10 |
| 2000s | 28.7% | 17.5% | 47.5% | 10 |
| 2010s | 10.1% | 4.9% | 17.9% | 10 |
| 2020s | 23.1% | 6.5% | 55.6% | 5 |
Countries ranked near Ghana
More external debt data for Ghana
- Net financial flows, IBRD -2.25 million NFL, current US$ (2005)
- 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)
- 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, IDA (NFL, current US$), per square kilometre 2,240 NFL, current US$ per square kilometre (2023)
- Use of IMF credit 5.36 billion DOD, current US$ (2025)
- External debt stocks, public and publicly guaranteed (PPG) 26.55 billion DOD, current US$ (2025)
- External debt stocks, long-term 30.56 billion DOD, current US$ (2025)
Frequently asked questions
- What is multilateral debt service in Ghana?
- Multilateral debt service in Ghana was 34.3% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest multilateral debt service recorded in Ghana?
- The highest recorded value was 55.6% in 2023.
- What is the lowest multilateral debt service recorded in Ghana?
- The lowest recorded value was 4.9% in 2018.
- How does Ghana rank for multilateral debt service?
- Ghana ranks 67th out of 123 countries with data for 2024.
- Is multilateral debt service rising or falling in Ghana?
- Over the last ten years it is up 214.1%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Multilateral debt service (% of public and publicly guaranteed debt service). Statizoid updates them automatically from the source API.
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About this data
Multilateral debt service is the repayment of principal and interest to the World Bank, regional development banks, and other multilateral agencies. public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity.