Ghana vs Kenya

Ghana vs Kenya: Government debt

Government debt in 2025: 48.8% of GDP in Ghana and 71.3% of GDP in Kenya, by IMF estimates. In 2025 the value was higher in Kenya, by 22.5 percentage points, or 1.46 times that in Ghana.

% of GDP · IMF

Ghana vs Kenya: Government debtGovernment debt in 2025: 48.8% of GDP in Ghana and 71.3% of GDP in Kenya, by IMF estimates. In 2025 the value was higher in Kenya, by 22.5 percentage points, or 1.46 times that in Ghana.
GhanaKenyaIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Kenya has been higher since 2025, when it overtook Ghana.
  • In 2025, Ghana ranked 84 and Kenya ranked 36 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Ghana at 47.3% of GDP and Kenya at 74% of GDP in 2031.

Every year

% of GDP · IMF

YearGhanaKenya
202548.871.3
202470.167.3
202379.173.4
202292.767.8
202186.968.2
202079.168
201962.959.1
20186256.5
20175753.9
201655.950.4
201553.945.8
201450.141.3
201342.939.8
201235.537.6
201131.235.7
201032.936.7
200925.436
200823.234.3
200721.134.2
200617.337.1
200531.737.4
200438.440.8
200349.343.8
200254.142
200157.841.3
200074.543.1
199951.738.4
199837.638.5
199745.2–
199642.9–
199547.6–
199450.6–
199334.1–
199221.3–
199117.3–
199017.8–
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearGhanaKenya
202651.772.9
202750.873.8
202849.774.5
20294974.4
203048.274.3
203147.374

Each country on its own

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 149 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Ghana vs Kenya

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