Ghana vs Mali

Ghana vs Mali: Government debt

Government debt in 2025: 48.8% of GDP in Ghana and 40.3% of GDP in Mali, by IMF estimates. In 2025 the value was higher in Ghana, by 8.5 percentage points, or 1.21 times that in Mali.

% of GDP · IMF

Ghana vs Mali: Government debtGovernment debt in 2025: 48.8% of GDP in Ghana and 40.3% of GDP in Mali, by IMF estimates. In 2025 the value was higher in Ghana, by 8.5 percentage points, or 1.21 times that in Mali.
GhanaMaliIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Ghana has been higher since 2006, when it overtook Mali.
  • In 2025, Ghana ranked 84 and Mali ranked 105 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Ghana at 47.3% of GDP and Mali at 39.8% of GDP in 2031.

Every year

% of GDP · IMF

YearGhanaMali
202548.840.3
202470.144
202379.144.2
202292.743
202186.943.2
202079.139.9
201962.934.3
20186231.4
20175730.2
201655.930.1
201553.925.8
201450.122.6
201342.922.2
201235.521.3
201131.220.1
201032.921.8
200925.418.8
200823.217.3
200721.115.6
200617.315.4
200531.739.5
200438.436.1
200349.337.7
200254.136
200157.866.3
200074.577
199951.7–
199837.6–
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
YearGhanaMali
202651.739.7
202750.839
202849.738.9
20294939.1
203048.239.4
203147.339.8

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 Mali

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