Ghana Private Debt: % of Nominal GDP

2006 - 2025 | Quarterly | % | CEIC Data

Key information about Ghana Private Debt: % of Nominal GDP

  • Ghana Private Debt accounted for 6.71 % of its Nominal GDP in Mar 2025, compared with a ratio of 8.23 % in the previous quarter
  • Ghana Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Dec 2006 to Mar 2025, with an average share of 17.12 %
  • The data reached an all-time high of 17.38 % in Jun 2015 and a record low of 6.71 % in Mar 2025

CEIC calculates quarterly Private Debt as % of Nominal GDP from quarterly Private Debt and quarterly Nominal GDP. The International Monetary Fund provides Private Debt in local currency. Ghana Statistical Service provides Nominal GDP in local currency.

View Ghana's Private Debt: % of Nominal GDP from Dec 2006 to Mar 2025 in the chart:

Ghana Private Debt: % of Nominal GDP

What was Ghana's Private Debt: % of Nominal GDP in Mar 2025?

Ghana Private Debt accounted for 6.71 % of its Nominal GDP in Mar 2025, compared with a ratio of 8.23 % in the previous quarter See the table below for more data.

Last Previous Min Max Unit Frequency Range
6.71 Mar 2025 8.23 Dec 2024 6.71 Mar 2025 17.38 Jun 2015 % quarterly Dec 2006 - Mar 2025

Private Debt: % of Nominal GDP by Country Comparison

country/region Last
Albania (%) 34.03 Dec 2025
Algeria (%) 18.54 Dec 2024
Argentina (%) 13.94 Dec 2025
Armenia (%) 63.14 Dec 2025
Australia (%) 129.18 Dec 2025
Austria (%) 85.57 Dec 2025
Azerbaijan (%) 22.84 Dec 2025
Bahrain (%) 62.48 Sep 2023
Bangladesh (%) 31.52 2025
Belarus (%) 20.27 Mar 2026
Belgium (%) 65.82 Dec 2025
Bolivia (%) 68.67 Dec 2024
Bosnia and Herzegovina (%) 45.98 Dec 2025
Botswana (%) 31.36 Dec 2025
Brazil (%) 53.54 Mar 2026
Brunei (%) 30.00 Dec 2025
Bulgaria (%) 52.42 Sep 2025
Cambodia (%) 123.98 2024
Canada (%) 209.65 Dec 2025
Chile (%) 65.42 Dec 2025
China (%) 198.85 Sep 2025
Colombia (%) 39.86 Dec 2025
Croatia (%) 49.20 Dec 2025
Cyprus (%) 54.00 Dec 2025
Czech Republic (%) 47.72 Dec 2025
Denmark (%) 29.34 Mar 2026
Ecuador (%) 57.23 Dec 2025
Egypt (%) 24.36 Dec 2025
Estonia (%) 63.00 Dec 2025
European Union (%) 76.73 Dec 2025
Finland (%) 90.00 Dec 2025
France (%) 105.41 Mar 2026
Georgia (%) 65.86 Dec 2025
Germany (%) 72.27 Mar 2026
Ghana (%) 6.71 Mar 2025
Greece (%) 52.22 Dec 2025
Hong Kong SAR, China (%) 188.87 Mar 2026
Hungary (%) 54.76 Dec 2025
Iceland (%) 88.11 Dec 2025
India (%) 51.51 Mar 2022
Indonesia (%) 30.39 Mar 2026
Iran (%) 57.83 2016
Ireland (%) 22.27 Dec 2025
Israel (%) 114.77 Dec 2025
Italy (%) 57.13 Dec 2025
Ivory Coast (%) 22.95 2025
Japan (%) 115.92 Dec 2025
Jordan (%) 69.68 Dec 2025
Kazakhstan (%) 27.12 Dec 2025
Kenya (%) 27.59 Sep 2025
South Korea (%) 140.77 Dec 2025
Kosovo (%) 59.84 Dec 2025
Kuwait (%) 106.68 Dec 2025
Kyrgyzstan (%) 27.03 Mar 2026
Laos (%) 56.96 2024
Latvia (%) 30.61 Dec 2025
Lebanon (%) 102.16 2017
Lithuania (%) 38.77 Dec 2025
Luxembourg (%) 78.78 Dec 2025
Macau SAR, China (%) 115.71 Mar 2026
North Macedonia (%) 52.65 Dec 2025
Malawi (%) 7.49 2023
Malaysia (%) 117.80 Mar 2026
Malta (%) 63.78 Dec 2025
Mauritius (%) 72.00 Dec 2025
Mexico (%) 21.17 Dec 2025
Moldova (%) 27.01 Jun 2025
Mongolia (%) 46.64 Mar 2026
Montenegro (%) 50.62 Dec 2025
Morocco (%) 51.62 Dec 2025
Mozambique (%) 16.84 2024
Myanmar (%) 28.98 2020
Nepal (%) 74.44 2024
Netherlands (%) 83.10 Mar 2026
New Zealand (%) 136.85 Dec 2025
Nigeria (%) 15.41 Jun 2024
Norway (%) 118.12 Dec 2025
Oman (%) 52.89 Dec 2025
Pakistan (%) 8.89 2025
Palestinian Territory (%) 53.04 Dec 2025
Panama (%) 67.13 Dec 2025
Paraguay (%) 40.85 Sep 2023
Peru (%) 31.59 Dec 2025
Philippines (%) 52.20 Mar 2026
Poland (%) 32.74 Dec 2025
Portugal (%) 71.30 Dec 2025
Qatar (%) 119.88 Dec 2025
Romania (%) 21.99 Dec 2025
Russia (%) 55.59 Dec 2023
Saudi Arabia (%) 65.08 Dec 2025
Serbia (%) 35.36 Dec 2025
Singapore (%) 127.25 Dec 2025
Slovakia (%) 60.42 Dec 2025
Slovenia (%) 36.04 Dec 2025
South Africa (%) 68.50 Dec 2025
Spain (%) 69.79 Mar 2026
Sri Lanka (%) 25.87 Dec 2024
Sudan (%) 5.64 2022
Sweden (%) 124.09 Dec 2025
Switzerland (%) 160.60 Dec 2025

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Ghana Key Series

country/region Last
Consolidated Fiscal Balance: % of GDP (%) -0.6 Dec 2025
Consolidated Fiscal Balance (USD mn) 532.461 Dec 2025
Tax Revenue (USD mn) 2,859.995 Dec 2025
Tax Revenue: % of GDP (%) 15.1 Jun 2025
Government Debt: % of GDP (%) 61.8 2024
Forecast: Government Expenditure (GHS bn) 570.915 2031
Forecast: Government Net Debt (GHS bn) 1,260.307 2031
Forecast: Government Revenue (GHS bn) 506.182 2031
country/region Last
Forecast: Exports of Goods Growth (%) 4.394 2028
Trade Balance (USD mn) 1,842.3 Feb 2026
Total Exports (USD mn) 3,123.1 Feb 2026
Total Exports Growth (%) 37.2 Feb 2026
Aluminum: Exports (USD th) 89,599.170 2024
Exports: Medicament (USD th) 14,051.656 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 627.649 2024
Total Imports (USD mn) 1,280.8 Feb 2026
Total Imports Growth (%) 12.6 Feb 2026
Imports: Medicament (USD th) 219,248.874 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 133,353.690 2024
Total Exports to USA (USD mn) 56.403 Jan 2026
Total Imports from USA (USD mn) 79.775 Jan 2026
Total Exports to China (USD mn) 40.633 Jan 2026
Total Imports from China (USD mn) 300.721 Jan 2026
Export Value Index (2015=100) 161.500 2023
Export Volume Index (2015=100) 108.300 2023
Import Value Index (2015=100) 104.000 2023
Import Volume Index (2015=100) 82.200 2023
country/region Last
Direct Investment Abroad (USD mn) 46.7 Dec 2025
Current Account Balance (USD mn) 4,666.0 Dec 2025
Current Account Balance: % of GDP (%) 13.9 Dec 2025
Foreign Direct Investment (USD mn) 451.9 Dec 2025
Foreign Direct Investment: % of GDP (%) 1.3 Dec 2025
Foreign Portfolio Investment (USD mn) -61.216 Jun 2025
Foreign Portfolio Investment: % of GDP (%) -1.4 Dec 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -56.4 2025
Foreign Portfolio Investment: Debt Securities (USD mn) -459.981 Dec 2025
External Debt (USD mn) 29,382.3 Dec 2025
External Debt: % of GDP (%) 25.7 2025
Forecast: Current Account Balance (USD bn) 7.476 2031
Net International Investment Position (USD mn) -27,118.991 2024
country/region Last
Non Performing Loans Ratio (%) 18.7 Feb 2026
Non-Performing Loans (USD mn) 2,008.748 Jun 2025
Money Supply M1 (USD mn) 20,248.216 Dec 2025
Money Supply M2 (USD mn) 30,087.693 Dec 2025
M2 Growth (%) 26.9 Dec 2025
Foreign Exchange Reserves (USD mn) 5,361.8 Oct 2025
Foreign Exchange Reserves: % of GDP (%) 5.420 Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 3.0 Oct 2025
Gold Reserves (Metric Ton) 1,000.000 2025
Total Deposits (USD mn) 31,910.164 Mar 2026
Total Deposits Growth (%) 21.2 Mar 2026
Domestic Credit (USD mn) 22,480.6 May 2025
Domestic Credit Growth (%) -9.1 May 2025
Total Loans (USD mn) 10,342.075 Mar 2026
Total Loans Growth (%) 20.51 Mar 2026
Private Debt: % of Nominal GDP (%) 6.71 Mar 2025
country/region Last
Business Confidence Growth (%) 10.4 Feb 2026

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