Foreign debt rose 17.1% to USD 31,323 bil in Ghana in 2020, according to the National Statistical Office.
Historically, foreign debt in Ghana reached an all time high of USD 31,323 bil in 2020 and an all time low of USD 542 bil in 1971. When compared to Ghana's main peers, foreign debt in Benin amounted to USD 5,250 bil, USD 25,073 bil in Ivory Coast and USD 2,546 bil in Togo in 2020.
Ghana has been ranked 38th within the group of 113 countries we follow in terms of foreign debt, 9 places above the position seen 10 years ago.
Foreign Debt (USD) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Benin | USD bil | 2,171 | 2,258 | 2,799 | 3,590 | 3,920 | ||||||||||||||||
Burkina Faso | USD bil | 12,598 | 10,248 | 12,768 | 10,621 | 9,157 | ||||||||||||||||
Ghana | USD bil | 20,080 | 21,323 | 22,519 | 23,575 | 27,082 | ||||||||||||||||
Guinea | USD bil | 2,042 | 2,223 | 2,394 | 2,595 | 3,005 | ||||||||||||||||
Ivory Coast | USD bil | 11,388 | 11,457 | 13,449 | 16,198 | 19,831 | ||||||||||||||||
Liberia | USD bil | 837 | 950 | 1,118 | 1,158 | 1,267 | ||||||||||||||||
Mali | USD bil | 3,747 | 3,848 | 4,326 | 4,604 | 5,009 | ||||||||||||||||
Niger | USD bil | 2,229 | 2,525 | 3,050 | 3,191 | 3,598 | ||||||||||||||||
Nigeria | USD bil | 32,413 | 35,718 | 45,780 | 54,203 | 60,041 | ||||||||||||||||
Togo | USD bil | 1,097 | 1,218 | 1,651 | 1,725 | 2,013 |