Ghana recorded a government debt equivalent to 59.30 percent of the country's Gross Domestic Product in 2018.

Government Debt to GDP in Ghana averaged 42.53 percent from 1990 until 2018, reaching an all time high of 79.20 percent in 2000 and a record low of 18.50 percent in 1991. This page provides the latest reported value for - Ghana Government Debt to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ghana Government Debt to GDP - values, historical data and charts - was last updated on August of 2020.

Government Debt to GDP in Ghana is expected to reach 63.80 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ghana Government Debt to GDP is projected to trend around 63.00 percent in 2021 and 62.00 percent in 2022, according to our econometric models.

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Ghana Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
59.30 57.30 79.20 18.50 1990 - 2018 percent Yearly

Ghana Government Last Previous Highest Lowest Unit
Government Debt to GDP 59.30 57.30 79.20 18.50 percent [+]
Government Budget -4.80 -3.90 -0.40 -24.20 percent of GDP [+]
Military Expenditure 211.00 189.00 278.00 9.40 USD Million [+]
Credit Rating 23.00 [+]
Government Spending 31036.46 27096.76 31036.46 7678.78 GHS Million [+]


Ghana Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.