Ghana - Debt Service 2023
15.28%
−6.84% from 2022
Ghana's debt service was 15.28% in 2023, decreased +6.84% from 22.12% in 2022. This was the 68th highest globally.
Global Ranking - 2023▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Iran, Islamic Republic of | 0.33% | 103.6% |
| 2nd | Algeria | 0.76% | 77.4% |
| 3rd | Somalia, Fed. Rep. | 1.23% | 14.6% |
| 4th | Congo, Democratic Republic of | 1.63% | -47.3% |
| 5th | Djibouti | 1.64% | 24.7% |
| 6th | Timor-Leste | 2.06% | 164.1% |
| 7th | Guinea | 2.58% | 9.7% |
| 8th | Guyana | 2.65% | 116.7% |
| 9th | Botswana | 3.67% | 90.0% |
| 10th | Iraq | 3.99% | 10.6% |
| 11th | St. Lucia | 4.66% | 20.1% |
| 12th | Solomon Islands | 4.88% | 102.4% |
| 13th | São Tomé and Principe | 5.08% | -29.5% |
| 14th | Vanuatu | 5.46% | -10.8% |
| 15th | Mali | 5.54% | 8.4% |
| 16th | Kosovo | 5.66% | -26.1% |
| 17th | Azerbaijan | 5.86% | 78.3% |
| 18th | Madagascar | 6.10% | 33.8% |
| 19th | Haiti | 6.36% | 152.4% |
| 20th | Grenada | 6.59% | -10.1% |
| 21st | Myanmar | 6.99% | -0.5% |
| 22nd | Belize | 7.35% | 31.9% |
| 23rd | Gambia, The | 7.49% | -49.2% |
| 24th | Viet Nam | 7.54% | 11.5% |
| 25th | Eswatini | 7.86% | 105.1% |
| 26th | Mexico | 8.15% | -5.4% |
| 27th | Zambia | 8.22% | -30.0% |
| 28th | Mauritius | 8.45% | 94.0% |
| 29th | Chad | 8.46% | 10.8% |
| 30th | Albania | 8.54% | -7.0% |
| 31st | Lesotho | 8.92% | 81.1% |
| 32nd | Fiji | 9.10% | 15.0% |
| 33rd | Morocco | 9.20% | -9.0% |
| 34th | Mauritania | 9.42% | 17.1% |
| 35th | Paraguay | 9.56% | -32.1% |
| 36th | Liberia | 9.64% | 42.6% |
| 37th | Cambodia | 9.65% | -8.6% |
| 38th | Malawi | 9.71% | 6.1% |
| 39th | Central African Republic | 10.09% | 71.0% |
| 40th | Maldives | 10.13% | -25.2% |
| 41st | India | 10.16% | 22.9% |
| 42nd | Tajikistan | 10.30% | 12.8% |
| 43rd | Samoa | 10.35% | -49.5% |
| 44th | Bulgaria | 10.74% | -24.2% |
| 45th | Burundi | 10.96% | 19.2% |
| 46th | Tonga | 11.05% | 0.6% |
| 47th | Togo | 11.09% | -5.2% |
| 48th | St. Vincent and the Grenadines | 11.10% | -6.6% |
| 49th | Sierra Leone | 11.24% | 12.1% |
| 50th | Comoros | 11.54% | 323.5% |
| 51st | Burkina Faso | 11.67% | -33.6% |
| 52nd | China | 11.83% | 4.4% |
| 53rd | Nepal | 11.87% | 16.2% |
| 54th | Thailand | 11.96% | 50.7% |
| 55th | Serbia | 12.04% | -19.8% |
| 56th | Ukraine | 12.21% | -9.0% |
| 57th | Philippines | 12.26% | 42.8% |
| 58th | Bangladesh | 12.59% | 12.1% |
| 59th | Russian Federation | 12.74% | -14.9% |
| 60th | Lao PDR | 12.81% | -17.3% |
| 61st | Congo, Republic of | 13.29% | -2.5% |
| 62nd | Guatemala | 13.30% | -37.1% |
| 63rd | Bosnia and Herzegovina | 13.53% | 71.2% |
| 64th | Niger | 14.10% | -22.5% |
| 65th | Bolivia, Plurinational State of | 14.21% | -12.7% |
| 66th | Guinea-Bissau | 15.08% | -16.7% |
| 67th | Cabo Verde | 15.17% | 26.7% |
| 68th | Ghana | 15.28% | -30.9% |
| 69th | Rwanda | 15.32% | 33.3% |
| 70th | Nigeria | 15.39% | 27.9% |
| 71st | Tanzania | 15.56% | -5.2% |
| 72nd | Bhutan | 15.61% | -3.6% |
| 73rd | Sri Lanka | 16.07% | -20.8% |
| 74th | Belarus | 16.13% | 14.7% |
| 75th | Jordan | 16.24% | -29.7% |
| 76th | South Africa | 16.50% | -11.4% |
| 77th | North Macedonia | 17.00% | 61.6% |
| 78th | Honduras | 17.10% | 0.0% |
| 79th | Peru | 17.11% | 78.5% |
| 80th | Armenia | 17.81% | 1.6% |
| 81st | Benin | 18.10% | 60.6% |
| 82nd | Dominican Republic | 18.93% | 33.4% |
| 83rd | Moldova | 19.09% | 88.8% |
| 84th | Montenegro | 19.14% | -18.2% |
| 85th | Zimbabwe | 19.52% | 220.8% |
| 86th | Côte d'Ivoire | 20.05% | 55.3% |
| 87th | Cameroon | 20.15% | -2.1% |
| 88th | Indonesia | 20.28% | -13.0% |
| 89th | Nicaragua | 20.74% | -12.6% |
| 90th | Georgia | 20.85% | -0.7% |
| 91st | Türkiye | 20.91% | 6.2% |
| 92nd | Kenya | 21.11% | 16.5% |
| 93rd | Dominica | 22.75% | 8.4% |
| 94th | Ecuador | 22.89% | 58.5% |
| 95th | Tunisia | 24.12% | 2.2% |
| 96th | Suriname | 25.06% | 70.3% |
| 97th | Kyrgyz Republic | 27.40% | 64.2% |
| 98th | Uganda | 29.97% | 78.0% |
| 99th | Senegal | 30.24% | 67.3% |
| 100th | Egypt, Arab Republic of | 30.39% | 31.4% |
| 101st | Mongolia | 31.63% | -10.5% |
| 102nd | Uzbekistan | 32.61% | 9.0% |
| 103rd | Angola | 33.45% | 10.1% |
| 104th | Lebanon | 34.50% | 20.2% |
| 105th | Colombia | 36.72% | 8.6% |
| 106th | Jamaica | 38.04% | 68.3% |
| 107th | Papua New Guinea | 42.24% | 41.6% |
| 108th | Pakistan | 43.60% | 3.7% |
| 109th | Mozambique | 46.16% | -22.0% |
| 110th | Kazakhstan | 50.26% | -1.8% |
| 111th | Argentina | 51.36% | 62.1% |
| 112th | Brazil | 53.54% | 79.1% |
| 113th | El Salvador | 83.07% | 158.4% |
FAQ
What was Ghana's debt service in 2023?▾
Ghana's debt service in 2023 was 15.28%. This ranked 68th globally.
How did Ghana's debt service change in 2023?▾
Ghana's debt service decreased by 30.9% in 2023 compared to 2022.
Which country had the highest debt service in 2023?▾
El Salvador had the highest debt service in 2023 at 83.07%.
What is the debt service of Ghana in 2023?▾
The debt service of Ghana in 2023 was 15.28%. This ranked 68th globally.
How does 2023 compare to 2022 for Ghana's debt service?▾
Ghana's debt service went from 22.12% in 2022 to 15.28% in 2023, a 30.9% decrease.
HistorySaid - pattern alert
Ghana matched the Currency Crisis Pattern pattern in 2023. Historically: 128 occurrences, 35 successful (27%). View full analysis →
Related
2022
2024
All years
Full ranking 2023
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