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.

Government Debt to GDP in Ghana is expected to be 63.00 percent by the end of this quarter, 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 62.40 percent in 2020, 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 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.

Ghana Government Last Previous Highest Lowest Unit
Government Debt to GDP 59.30 57.30 79.20 18.50 percent [+]
Government Budget -3.80 -4.50 -0.40 -24.20 percent of GDP [+]
Government Revenues 4458.67 4452.16 6619.58 1036.69 GHS Million [+]
Military Expenditure 211.00 189.00 278.00 9.40 USD Million [+]
Government Spending 27096.76 7678.78 27096.76 7678.78 GHS Million [+]
Government Budget Value -3582.69 -594.45 2060.06 -3582.69 GHS Million [+]
Credit Rating 23.00 [+]
Fiscal Expenditure 6242.46 5034.11 8421.46 836.07 GHS Million [+]