Government Budget in Ghana decreased to -11.70 percent of GDP in 2020 from -4.80 percent of GDP in 2019. source: Bank of Ghana

Government Budget in Ghana averaged -7.36 percent of GDP from 2004 until 2020, reaching an all time high of -0.40 percent of GDP in 2004 and a record low of -24.20 percent of GDP in 2008. This page provides - Ghana Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ghana Government Budget - values, historical data and charts - was last updated on July of 2021.

Government Budget in Ghana is expected to reach -9.00 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ghana Government Budget is projected to trend around -7.00 percent of GDP in 2022 and -5.00 percent of GDP in 2023, according to our econometric models.

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Ghana Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-13.80 -4.80 -0.40 -24.20 2004 - 2020 percent of GDP Yearly

Ghana Government Last Previous Highest Lowest Unit
Government Debt to GDP 78.00 63.90 79.20 18.50 percent of GDP [+]
Government Budget -13.80 -4.80 -0.40 -24.20 percent of GDP [+]
Military Expenditure 237.00 233.00 266.00 9.00 USD Million [+]
Credit Rating 22.00 [+]
Government Spending 30702.33 31036.46 31036.46 7678.78 GHS Million [+]


Ghana Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.