Ghana - Debt Service 2022
22.12%
+8.75% from 2021
Ghana's debt service was 22.12% in 2022, increased +8.75% from 13.37% in 2021. This was the 95th highest globally.
Global Ranking - 2022▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Iran, Islamic Republic of | 0.16% | -62.9% |
| 2nd | Algeria | 0.43% | -5.6% |
| 3rd | Timor-Leste | 0.78% | 152.6% |
| 4th | Somalia, Fed. Rep. | 1.07% | -2.2% |
| 5th | Guyana | 1.22% | -48.3% |
| 6th | Djibouti | 1.31% | 12.2% |
| 7th | Botswana | 1.93% | -4.2% |
| 8th | Guinea | 2.35% | 55.2% |
| 9th | Solomon Islands | 2.41% | -1.5% |
| 10th | Haiti | 2.52% | 36.4% |
| 11th | Comoros | 2.73% | 7.2% |
| 12th | Sudan | 2.96% | -93.5% |
| 13th | Congo, Democratic Republic of | 3.09% | 116.9% |
| 14th | Azerbaijan | 3.29% | -57.7% |
| 15th | Iraq | 3.61% | -31.0% |
| 16th | Eswatini | 3.83% | 31.7% |
| 17th | St. Lucia | 3.88% | -35.6% |
| 18th | Mauritius | 4.36% | -77.6% |
| 19th | Madagascar | 4.56% | -7.8% |
| 20th | Lesotho | 4.93% | -16.7% |
| 21st | Mali | 5.11% | -3.0% |
| 22nd | Belize | 5.57% | -90.5% |
| 23rd | Central African Republic | 5.90% | 9.8% |
| 24th | Zimbabwe | 6.08% | -34.1% |
| 25th | Vanuatu | 6.12% | 1.1% |
| 26th | Liberia | 6.77% | 19.4% |
| 27th | Viet Nam | 6.77% | 11.5% |
| 28th | Myanmar | 7.03% | -1.4% |
| 29th | São Tomé and Principe | 7.20% | 85.2% |
| 30th | Grenada | 7.33% | -29.0% |
| 31st | Chad | 7.63% | -6.4% |
| 32nd | Kosovo | 7.66% | -35.0% |
| 33rd | Bosnia and Herzegovina | 7.90% | -42.3% |
| 34th | Fiji | 7.92% | -27.3% |
| 35th | Thailand | 7.94% | 51.4% |
| 36th | Mauritania | 8.05% | -35.0% |
| 37th | India | 8.27% | 5.8% |
| 38th | Philippines | 8.59% | -29.5% |
| 39th | Mexico | 8.61% | -40.5% |
| 40th | Tajikistan | 9.14% | -23.3% |
| 41st | Malawi | 9.14% | 30.3% |
| 42nd | Albania | 9.19% | -37.0% |
| 43rd | Burundi | 9.20% | 1.4% |
| 44th | Peru | 9.59% | -29.9% |
| 45th | Sierra Leone | 10.02% | -12.1% |
| 46th | Moldova | 10.11% | -26.6% |
| 47th | Morocco | 10.12% | -26.7% |
| 48th | Nepal | 10.21% | 3.6% |
| 49th | North Macedonia | 10.52% | -36.1% |
| 50th | Cambodia | 10.56% | -5.9% |
| 51st | Tonga | 10.98% | 125.2% |
| 52nd | Bangladesh | 11.24% | -1.8% |
| 53rd | Benin | 11.27% | -35.0% |
| 54th | China | 11.33% | 30.5% |
| 55th | Rwanda | 11.49% | -60.5% |
| 56th | Togo | 11.70% | 32.1% |
| 57th | Zambia | 11.75% | -19.8% |
| 58th | St. Vincent and the Grenadines | 11.89% | -49.0% |
| 59th | Cabo Verde | 11.97% | -2.4% |
| 60th | Nigeria | 12.04% | -20.3% |
| 61st | Côte d'Ivoire | 12.91% | 25.1% |
| 62nd | Ukraine | 13.42% | -11.6% |
| 63rd | Maldives | 13.54% | -32.6% |
| 64th | Congo, Republic of | 13.63% | 113.8% |
| 65th | Belarus | 14.06% | 63.1% |
| 66th | Paraguay | 14.08% | 68.1% |
| 67th | Bulgaria | 14.18% | 30.8% |
| 68th | Dominican Republic | 14.19% | -15.2% |
| 69th | Ecuador | 14.44% | -35.6% |
| 70th | Suriname | 14.71% | -13.7% |
| 71st | Gambia, The | 14.75% | -49.1% |
| 72nd | Russian Federation | 14.97% | -5.8% |
| 73rd | Serbia | 15.00% | -12.4% |
| 74th | Lao PDR | 15.49% | -46.9% |
| 75th | Bhutan | 16.19% | -6.5% |
| 76th | Bolivia, Plurinational State of | 16.28% | 16.2% |
| 77th | Tanzania | 16.41% | -11.7% |
| 78th | Kyrgyz Republic | 16.69% | -6.8% |
| 79th | Uganda | 16.84% | 20.8% |
| 80th | Honduras | 17.11% | 16.6% |
| 81st | Armenia | 17.54% | -49.8% |
| 82nd | Burkina Faso | 17.58% | 131.7% |
| 83rd | Senegal | 18.08% | -12.7% |
| 84th | Guinea-Bissau | 18.10% | 25.4% |
| 85th | Kenya | 18.13% | 8.0% |
| 86th | Niger | 18.19% | 33.8% |
| 87th | South Africa | 18.62% | -0.5% |
| 88th | Türkiye | 19.68% | -22.3% |
| 89th | Sri Lanka | 20.29% | -35.5% |
| 90th | Samoa | 20.51% | 25.5% |
| 91st | Cameroon | 20.58% | -19.5% |
| 92nd | Georgia | 20.99% | -28.7% |
| 93rd | Dominica | 21.00% | 6.0% |
| 94th | Guatemala | 21.16% | 103.7% |
| 95th | Ghana | 22.12% | 65.5% |
| 96th | Jamaica | 22.61% | -22.3% |
| 97th | Jordan | 23.12% | 8.0% |
| 98th | Egypt, Arab Republic of | 23.13% | -25.6% |
| 99th | Indonesia | 23.33% | -11.0% |
| 100th | Montenegro | 23.39% | -38.2% |
| 101st | Tunisia | 23.60% | -22.0% |
| 102nd | Nicaragua | 23.72% | -2.1% |
| 103rd | Lebanon | 28.71% | -54.1% |
| 104th | Papua New Guinea | 29.83% | -18.2% |
| 105th | Brazil | 29.90% | -36.0% |
| 106th | Uzbekistan | 29.93% | 15.1% |
| 107th | Angola | 30.38% | 3.9% |
| 108th | Argentina | 31.68% | 3.5% |
| 109th | El Salvador | 32.15% | -52.6% |
| 110th | Colombia | 33.80% | -24.2% |
| 111th | Mongolia | 35.33% | 21.8% |
| 112th | Pakistan | 42.05% | 23.9% |
| 113th | Kazakhstan | 51.16% | 15.6% |
| 114th | Mozambique | 59.16% | -43.0% |
FAQ
What was Ghana's debt service in 2022?▾
Ghana's debt service in 2022 was 22.12%. This ranked 95th globally.
How did Ghana's debt service change in 2022?▾
Ghana's debt service increased by 65.5% in 2022 compared to 2021.
Which country had the highest debt service in 2022?▾
Mozambique had the highest debt service in 2022 at 59.16%.
What is the debt service of Ghana in 2022?▾
The debt service of Ghana in 2022 was 22.12%. This ranked 95th globally.
How does 2022 compare to 2021 for Ghana's debt service?▾
Ghana's debt service went from 13.37% in 2021 to 22.12% in 2022, a 65.5% increase.
HistorySaid - pattern alert
Ghana matched the Currency Crisis Pattern pattern in 2022. Historically: 128 occurrences, 35 successful (27%). Outcome 24 months later: 22.8%. View full analysis →
Related
2021
2023
All years
Full ranking 2022
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