Ghana - Debt Service 2020
12.73%
−23.26% from 2019
Ghana's debt service was 12.73% in 2020, decreased +23.26% from 36.00% in 2019. This was the 47th highest globally.
Global Ranking - 2020▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Timor-Leste | 0.41% | -4.8% |
| 2nd | Iran, Islamic Republic of | 0.62% | 46.8% |
| 3rd | Algeria | 0.68% | 38.2% |
| 4th | Guinea | 1.55% | -42.3% |
| 5th | Djibouti | 1.88% | 23.5% |
| 6th | Congo, Democratic Republic of | 1.93% | -15.3% |
| 7th | Afghanistan | 2.67% | -10.1% |
| 8th | Haiti | 2.70% | 77.1% |
| 9th | Sudan | 2.88% | -23.4% |
| 10th | Botswana | 3.75% | 24.4% |
| 11th | Myanmar | 3.90% | 5.9% |
| 12th | Tonga | 4.00% | 12.6% |
| 13th | Guyana | 4.67% | -37.3% |
| 14th | Mali | 4.80% | -3.5% |
| 15th | Central African Republic | 4.91% | -44.6% |
| 16th | São Tomé and Principe | 4.97% | -57.5% |
| 17th | Madagascar | 5.03% | 64.8% |
| 18th | Lesotho | 5.16% | 14.9% |
| 19th | Togo | 5.36% | -9.2% |
| 20th | Eswatini | 5.39% | 115.1% |
| 21st | Viet Nam | 5.87% | -3.7% |
| 22nd | Chad | 6.38% | 86.9% |
| 23rd | Vanuatu | 6.44% | -4.6% |
| 24th | Solomon Islands | 6.54% | 62.4% |
| 25th | Benin | 7.04% | 2.0% |
| 26th | Cambodia | 7.28% | 1.5% |
| 27th | Malawi | 7.45% | 12.5% |
| 28th | Iraq | 7.80% | 160.5% |
| 29th | Thailand | 8.31% | -13.7% |
| 30th | Bosnia and Herzegovina | 8.69% | -23.6% |
| 31st | Bhutan | 8.74% | 4.7% |
| 32nd | St. Lucia | 8.79% | 114.9% |
| 33rd | China | 9.19% | -3.2% |
| 34th | Paraguay | 9.24% | -11.9% |
| 35th | Liberia | 9.97% | 52.9% |
| 36th | Mauritania | 9.98% | -28.8% |
| 37th | Bangladesh | 10.46% | -20.4% |
| 38th | Philippines | 10.72% | 9.9% |
| 39th | Azerbaijan | 10.76% | 32.7% |
| 40th | Belize | 11.02% | 17.7% |
| 41st | Grenada | 11.14% | 38.9% |
| 42nd | Belarus | 11.28% | 7.9% |
| 43rd | Tajikistan | 12.13% | -37.8% |
| 44th | Bulgaria | 12.15% | -4.3% |
| 45th | Nepal | 12.20% | 47.8% |
| 46th | Burundi | 12.22% | 3.9% |
| 47th | Ghana | 12.73% | -64.6% |
| 48th | Nigeria | 13.09% | 41.7% |
| 49th | Niger | 13.29% | 41.9% |
| 50th | Uganda | 13.55% | 181.4% |
| 51st | Congo, Republic of | 13.65% | 114.0% |
| 52nd | Morocco | 13.84% | 45.2% |
| 53rd | Comoros | 13.92% | 129.8% |
| 54th | Lao PDR | 14.06% | -6.8% |
| 55th | Cabo Verde | 14.19% | 110.2% |
| 56th | Rwanda | 14.62% | 2.1% |
| 57th | India | 15.05% | 67.2% |
| 58th | Bolivia, Plurinational State of | 15.56% | 50.2% |
| 59th | Mexico | 15.74% | 18.3% |
| 60th | Tanzania | 16.14% | 30.4% |
| 61st | North Macedonia | 16.45% | 69.7% |
| 62nd | Peru | 17.05% | 20.7% |
| 63rd | Sierra Leone | 17.23% | 71.4% |
| 64th | Maldives | 17.46% | 43.4% |
| 65th | Moldova | 17.52% | 30.0% |
| 66th | Côte d'Ivoire | 18.00% | -15.0% |
| 67th | Suriname | 18.67% | -21.2% |
| 68th | Zimbabwe | 18.68% | -38.2% |
| 69th | Kosovo | 18.76% | 87.2% |
| 70th | Serbia | 19.14% | -25.3% |
| 71st | Samoa | 19.50% | 85.5% |
| 72nd | Uzbekistan | 19.99% | 47.5% |
| 73rd | Cameroon | 20.86% | 46.5% |
| 74th | Mauritius | 21.26% | 7.7% |
| 75th | Fiji | 21.67% | 162.0% |
| 76th | Gambia, The | 22.18% | 74.5% |
| 77th | St. Vincent and the Grenadines | 22.49% | 64.2% |
| 78th | Guinea-Bissau | 22.72% | 196.7% |
| 79th | Mozambique | 22.82% | -19.9% |
| 80th | Senegal | 23.38% | 18.2% |
| 81st | Zambia | 23.81% | -27.4% |
| 82nd | Honduras | 23.83% | 98.6% |
| 83rd | Ukraine | 23.87% | 31.5% |
| 84th | Kenya | 24.29% | -36.8% |
| 85th | Guatemala | 25.38% | 81.7% |
| 86th | Russian Federation | 25.83% | 43.8% |
| 87th | Kyrgyz Republic | 26.28% | -1.9% |
| 88th | Dominica | 26.45% | 58.3% |
| 89th | South Africa | 27.27% | 45.5% |
| 90th | Jordan | 27.36% | 42.4% |
| 91st | Tunisia | 27.69% | 23.1% |
| 92nd | Gabon | 29.02% | 193.2% |
| 93rd | Papua New Guinea | 29.25% | 40.6% |
| 94th | Albania | 29.73% | 156.3% |
| 95th | Egypt, Arab Republic of | 30.62% | 84.7% |
| 96th | Mongolia | 33.32% | -73.9% |
| 97th | Nicaragua | 33.46% | 7.2% |
| 98th | Georgia | 35.56% | 57.7% |
| 99th | Angola | 36.26% | 21.2% |
| 100th | Indonesia | 36.82% | -6.8% |
| 101st | Sri Lanka | 38.01% | 19.8% |
| 102nd | Burkina Faso | 38.73% | -21.7% |
| 103rd | Pakistan | 39.52% | 10.9% |
| 104th | Dominican Republic | 40.42% | 132.1% |
| 105th | Türkiye | 40.74% | 22.5% |
| 106th | Ecuador | 41.06% | 14.7% |
| 107th | Argentina | 43.10% | -15.2% |
| 108th | Montenegro | 45.10% | 76.1% |
| 109th | Armenia | 45.63% | 47.3% |
| 110th | Brazil | 50.35% | -5.8% |
| 111th | Colombia | 50.77% | 54.0% |
| 112th | Jamaica | 51.15% | -40.6% |
| 113th | Kazakhstan | 64.08% | 31.1% |
| 114th | Somalia, Fed. Rep. | 66.90% | 123,260.6% |
| 115th | El Salvador | 82.03% | 21.1% |
| 116th | Lebanon | 106.63% | 32.8% |
FAQ
What was Ghana's debt service in 2020?▾
Ghana's debt service in 2020 was 12.73%. This ranked 47th globally.
How did Ghana's debt service change in 2020?▾
Ghana's debt service decreased by 64.6% in 2020 compared to 2019.
Which country had the highest debt service in 2020?▾
Lebanon had the highest debt service in 2020 at 106.63%.
What is the debt service of Ghana in 2020?▾
The debt service of Ghana in 2020 was 12.73%. This ranked 47th globally.
How does 2020 compare to 2019 for Ghana's debt service?▾
Ghana's debt service went from 36.00% in 2019 to 12.73% in 2020, a 64.6% decrease.
Related
2019
2021
All years
Full ranking 2020
External Debt
External Debt to GNI
Short-term Debt
Domestic Credit
Interest Payments to Revenue
Peak: 1988
Lowest: 2011
Debt Service 1990s
Debt Service 2000s
Debt Service 2010s
Debt Service 2020s
Highest ever
Lowest ever
Average
vs Egypt, Arab Republic of
vs Vanuatu
vs Zimbabwe
vs Côte d'Ivoire
African Union Debt Service
Global Ranking