Ghana Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Overview
Ghana's budget deficit stood at -2.73% in 2025, a rise of +4.59% from 2024. The IMF projects -2.73% by 2025. Ghana ranked 88th globally.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -2.51% | - | - |
| 2029* IMF | -2.10% | - | - |
| 2028* IMF | -1.92% | - | - |
| 2027* IMF | -1.70% | - | - |
| 2026* IMF | -1.91% | - | - |
| 2025* IMF | -2.73% | - | - |
| 2025 | -2.73% | +4.59% | #88 |
| 2024 | -7.31% | −3.95% | #24 |
| 2023 | -3.37% | +8.39% | #85 |
| 2022 | -11.76% | +0.27% | #8 |
| 2021 | -12.03% | +5.41% | #8 |
| 2020 | -17.44% | −9.92% | #6 |
| 2019 | -7.52% | −0.73% | #15 |
| 2018 | -6.79% | −2.83% | #14 |
| 2017 | -3.97% | +2.78% | #51 |
| 2016 | -6.75% | −2.74% | #30 |
| 2015 | -4.01% | +3.81% | #65 |
| 2014 | -7.81% | +1.31% | #10 |
| 2013 | -9.12% | −0.76% | #6 |
| 2012 | -8.36% | −2.89% | #11 |
| 2011 | -5.47% | +1.66% | #35 |
Detected Pattern
Analysis
Ghana matched the Currency Crisis Pattern pattern in 2023. Historically, 27% of countries showing this pattern (35 out of 128) saw budget deficit improve within 24 months. View full analysis →
Frequently Asked Questions
Ghana's budget deficit was -2.73% in 2025. Ranked 88th globally. This represents a 62.7% increase from the previous year.
Ghana's budget deficit peaked at -0.81% in 1989.
The lowest budget deficit in Ghana was -17.44% in 2020.
Ghana ranks 88th globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
Ghana's budget deficit is projected to reach -2.73% by 2025 based on IMF projection.
The budget deficit of Ghana in 2025 was -2.73%. This ranks 88th in the world.
Cite this page
@misc{historysaid_ghana_budget-deficit,
title = {Ghana Budget Deficit},
url = {https://historysaid.com/ghana/budget-deficit},
publisher = {HistorySaid},
year = {2026}
}