Ghana

Government debt in Ghana

Government debt in Ghana: 17.8% of GDP in 1990 and 48.8% of GDP in 2025, by IMF estimates.

Latest, 2025
48.8% of GDP
Since 1990
+31 percentage points
Rank, 2025
84 of 149
counting from the highest
Projected, 2031
47.3% of GDP
IMF projection (World Economic Outlook, October 2026)

% of GDP · IMF

Government debt in GhanaGovernment debt in Ghana: 17.8% of GDP in 1990 and 48.8% of GDP in 2025, by IMF estimates. The IMF projection (World Economic Outlook, October 2026) puts it at 47.3% of GDP in 2031.
Estimates, IMFIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • The IMF projection (World Economic Outlook, October 2026) puts it at 47.3% of GDP in 2031.
  • The highest was 92.7% of GDP in 2022, the lowest 17.3% of GDP in 2006.

Every year

% of GDP · IMF

YearGhana
202548.8
202470.1
202379.1
202292.7
202186.9
202079.1
201962.9
201862
201757
201655.9
201553.9
201450.1
201342.9
201235.5
201131.2
201032.9
200925.4
200823.2
200721.1
200617.3
200531.7
200438.4
200349.3
200254.1
200157.8
200074.5
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
YearGhana
202651.7
202750.8
202849.7
202949
203048.2
203147.3

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

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