Ghana External Debt: % of GDP

Key information about Ghana External Debt: % of GDP

• Ghana External Debt accounted for 39.5 % of the country's Nominal GDP in 2023, compared with the ratio of 39.1 % in the previous year.
• Ghana External Debt: % of Nominal GDP data is updated yearly, available from Dec 1999 to Dec 2023.
• The data reached an all-time high of 121.7 % in Dec 2000 and a record low of 10.7 % in Dec 2006.

CEIC calculates External Debt as % of Nominal GDP from annual External Debt and annual Nominal GDP. The Bank of Ghana provides External Debt in USD based on BPM5. Ghana Statistical Service provides Nominal GDP in local currency based on SNA 2008. The Bank of Ghana average market exchange rate is used for currency conversions. External Debt figures only include Public debt. External Debt as % of Nominal GDP prior to 2013 is calculated from Nominal GDP based on SNA 1993 and prior to 2006 is calculated from Nominal GDP sourced from the World Bank.


Related information about Ghana External Debt: % of GDP

• In the latest reports of Ghana, Current Account recorded a surplus of 998.5 USD mn in Jun 2024.
• Foreign Direct Investment (FDI) increased by 380.3 USD mn in Mar 2024.
• Ghana Direct Investment Abroad fell by 4.7 USD mn in Mar 2024.
• Its Foreign Portfolio Investment fell by 308.1 USD mn in Dec 2021.
• The country's External Debt reached 31,566.3 in Jul 2024.
• The country's Nominal GDP was reported at 17.9 USD bn in Jun 2024.

View Ghana's External Debt: % of GDP from 1999 to 2023 in the chart:

What was Ghana's External Debt: % of GDP in 2023?

Ghana External Debt accounted for 39.5 % of the country's Nominal GDP in 2023, compared with the ratio of 39.1 % in the previous year. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
39.5 2023	39.1 2022	10.7 2006	121.7 2000	%	yearly	1999 - 2023

External Debt: % of GDP by Country Comparison

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