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Government debt

Ghana

Ghana. General government gross debt. Put borrowing in the context of the economy and explore how it has changed over time.

Debt / GDP · 202548.8%History / IMF estimates
Debt, US$ bn · 202556.0History / IMF estimates
Per person, US$ · 20251,596History / IMF estimates
GDP, US$ bn · 2025114.7History / IMF estimates

What the figures show

History / IMF estimates

Ghana: IMF data and estimates put government debt at 48.8% of GDP in 2025. The derived debt amount is US$ 56.0 billion.

  • The debt-to-GDP ratio is 21.3 percentage points below its 2024 level.
  • This is below the median of 52.85% of GDP across 192 countries with data for the selected year.
  • Over 2015–2025, the debt-to-GDP ratio decreases by 5.1 percentage points.

The median is not weighted by economic size. A change in the debt-to-GDP ratio does not necessarily imply the same change in the debt amount. About the data ↗

Government debt over time

Debt as % of GDP. Dashed lines: current-year estimate/projection and future projections.

Government debt over time02550751002000200520102015202020252031Ghana · 2000: 74.5% — History / IMF estimatesGhana · 2001: 57.8% — History / IMF estimatesGhana · 2002: 54.1% — History / IMF estimatesGhana · 2003: 49.3% — History / IMF estimatesGhana · 2004: 38.4% — History / IMF estimatesGhana · 2005: 31.7% — History / IMF estimatesGhana · 2006: 17.3% — History / IMF estimatesGhana · 2007: 21.1% — History / IMF estimatesGhana · 2008: 23.2% — History / IMF estimatesGhana · 2009: 25.4% — History / IMF estimatesGhana · 2010: 32.9% — History / IMF estimatesGhana · 2011: 31.2% — History / IMF estimatesGhana · 2012: 35.5% — History / IMF estimatesGhana · 2013: 42.9% — History / IMF estimatesGhana · 2014: 50.1% — History / IMF estimatesGhana · 2015: 53.9% — History / IMF estimatesGhana · 2016: 55.9% — History / IMF estimatesGhana · 2017: 57.0% — History / IMF estimatesGhana · 2018: 62.0% — History / IMF estimatesGhana · 2019: 62.9% — History / IMF estimatesGhana · 2020: 79.1% — History / IMF estimatesGhana · 2021: 86.9% — History / IMF estimatesGhana · 2022: 92.7% — History / IMF estimatesGhana · 2023: 79.1% — History / IMF estimatesGhana · 2024: 70.1% — History / IMF estimatesGhana · 2025: 48.8% — History / IMF estimatesGhana · 2026: 51.7% — IMF estimate / projectionGhana · 2027: 50.8% — IMF projectionGhana · 2028: 49.7% — IMF projectionGhana · 2029: 49.0% — IMF projectionGhana · 2030: 48.1% — IMF projectionGhana · 2031: 47.3% — IMF projection
Chart data table
YearGhana (%)Source
203147.3IMF projection
203048.1IMF projection
202949.0IMF projection
202849.7IMF projection
202750.8IMF projection
202651.7IMF estimate / projection
202548.8History / IMF estimates
202470.1History / IMF estimates
202379.1History / IMF estimates
202292.7History / IMF estimates
202186.9History / IMF estimates
202079.1History / IMF estimates
201962.9History / IMF estimates
201862.0History / IMF estimates
201757.0History / IMF estimates
201655.9History / IMF estimates
201553.9History / IMF estimates
201450.1History / IMF estimates
201342.9History / IMF estimates
201235.5History / IMF estimates
201131.2History / IMF estimates
201032.9History / IMF estimates
200925.4History / IMF estimates
200823.2History / IMF estimates
200721.1History / IMF estimates
200617.3History / IMF estimates
200531.7History / IMF estimates
200438.4History / IMF estimates
200349.3History / IMF estimates
200254.1History / IMF estimates
200157.8History / IMF estimates
200074.5History / IMF estimates

The DataMapper API does not provide the actual/estimate cutoff for each country and series. Past years are therefore labelled history/IMF estimates, the current year estimate/projection, and later years projections. Historical values can be revised. There is no simulated real-time debt counter.

Source: IMF WEO · World Economic Outlook (October 2026) · Retrieved 2026-11-01. About the data