Ghana—Total Debt Service (% of GNI)
Category: External DebtSource: World Bank World Development Indicators ↗Global Rank: #67 of 119Series years: 2000–2024
Latest Value
3.5%
2024
YoY Change
-30.6%
2023 → 2024
Global Rank
#67
of 119 countries
Maximum
14.3%
2019
Minimum
1.1%
2008
CAGR
-4.1%
25 years
Last
3.5%
Previous
5.0%
Highest
14.3%
Lowest
1.1%
Unit
% of GNI
Source
World Bank World Development Indicators
Ghana's total debt service (% of GNI) was 3.5% in 2024, ranking #67 out of 119 countries. This represents a -30.6% change from 2023. Over the past 25 years, the highest recorded value was 14.3% (2019) and the lowest was 1.1% (2008). Data sourced from the World Bank World Development Indicators.
Ghana — Total Debt Service (% of GNI): 3.49940192592691 % of GNI for reference year 2024. Source: World Bank (World Development Indicators). Reference year does not establish final observed status; publisher vintage is not verified here.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 3.5% | -30.6% |
| 2023 | 5.0% | -40.7% |
| 2022 | 8.5% | +93.2% |
| 2021 | 4.4% | +1.0% |
| 2020 | 4.4% | -69.5% |
| 2019 | 14.3% | +108.4% |
| 2018 | 6.9% | -38.0% |
| 2017 | 11.1% | +29.5% |
| 2016 | 8.5% | +229.4% |
| 2015 | 2.6% | -47.7% |
| 2014 | 5.0% | +251.4% |
| 2013 | 1.4% | -42.3% |
| 2012 | 2.4% | +79.6% |
| 2011 | 1.4% | -7.8% |
| 2010 | 1.5% | +7.7% |
| 2009 | 1.4% | +25.1% |
| 2008 | 1.1% | -8.7% |
| 2007 | 1.2% | -25.0% |
| 2006 | 1.6% | -51.7% |
| 2005 | 3.3% | +3.9% |
| 2004 | 3.2% | -52.5% |
| 2003 | 6.7% | +82.8% |
| 2002 | 3.7% | -38.7% |
| 2001 | 6.0% | -38.0% |
| 2000 | 9.7% |
Top Countries — Total Debt Service (% of GNI)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | El Salvador | 35.5% | 2024 |
| 2 | Mongolia | 25.7% | 2024 |
| 3 | Mozambique | 22.4% | 2024 |
| 4 | Suriname | 20.5% | 2023 |
| 5 | Papua New Guinea | 20.4% | 2024 |
| 6 | Zambia | 17.3% | 2024 |
| 7 | Kazakhstan | 17.3% | 2024 |
| 8 | Georgia | 15.2% | 2024 |
| 9 | Montenegro | 15.0% | 2024 |
| 10 | Laos | 13.8% | 2024 |
About This Indicator
Definition
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.
Methodology
Data compiled by International Debt Statistics, World Bank (WB).
Unit
% of GNI