household debts in Ghana

Gross debt in Ghana

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.

The gross debt in Ghana in the period from 1998 to 2021 was between 3.0 billion and 63.7 billion USD. The highest level of the last years at 64 billion US Dollar was reached in 2021.

Based on the number of inhabitants, this is a debt of 1,941 USD per person. For comparison, the average debt per person in the same year in the European Union was 33,695 USD.

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Gross debt of the last 23 years in billion USD

YearGhana totalGhana per capitaEU per capita
19983.04 bn USD165 USD14,079 USD
19994.30 bn USD229 USD14,032 USD
20003.99 bn USD207 USD11,232 USD
20013.29 bn USD167 USD11,255 USD
20023.57 bn USD177 USD12,258 USD
20034.03 bn USD194 USD15,286 USD
20043.65 bn USD172 USD17,595 USD
20053.65 bn USD167 USD18,327 USD
20063.78 bn USD169 USD18,877 USD
20075.60 bn USD244 USD20,898 USD
20087.07 bn USD300 USD24,086 USD
20096.98 bn USD289 USD25,361 USD
201011.11 bn USD448 USD26,496 USD
201112.30 bn USD484 USD29,231 USD
201214.59 bn USD561 USD28,174 USD
201326.97 bn USD1,014 USD29,981 USD
201427.45 bn USD1,008 USD30,648 USD
201526.63 bn USD922 USD25,918 USD
201631.42 bn USD1,063 USD26,261 USD
201734.42 bn USD1,139 USD27,024 USD
201841.71 bn USD1,351 USD28,448 USD
201942.84 bn USD1,359 USD27,168 USD
202055.38 bn USD1,721 USD30,783 USD
202163.72 bn USD1,941 USD33,695 USD

Comparison of gross debt per capita with the European Union in U.S. dollars

      Ghana       European Union

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