Net lending (+) / net borrowing (-) in Ghana
Ghana: Net lending (+) / net borrowing (-) was -15.10 billion current LCU in 2023. ◆ Volatile
Net lending (+) / net borrowing (-) in Ghana, 2001–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Ghana recorded -15.10 billion current LCU for net lending (+) / net borrowing (-) in 2023.
Compared with earlier readings it is up 75.4% on the previous year and down 46.0% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Ghana peaked at -108.64 million current LCU in 2004 and was at its lowest, -61.36 billion current LCU, in 2022.
That places Ghana 79th out of 156 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -743.27 million current LCU | -2.07 billion current LCU | -108.64 million current LCU | 9 |
| 2010s | -9.95 billion current LCU | -15.61 billion current LCU | -2.34 billion current LCU | 10 |
| 2020s | -40.46 billion current LCU | -61.36 billion current LCU | -15.10 billion current LCU | 4 |
Countries ranked near Ghana
More public sector data for Ghana
- Arms imports 11.00 million SIPRI trend indicator values (2024)
- Tax revenue 12.4% (2023)
- Taxes on income, profits and capital gains 39.5% (2023)
- Taxes on goods and services 32.6% (2023)
- Net investment in nonfinancial assets 2.4% (2023)
- Net lending (+) / net borrowing (-) -1.7% (2023)
- Interest payments 21.6% (2023)
- Grants and other revenue 19.1% (2023)
- Interest payments 32.8% (2022)
- Other taxes -1.4% (2023)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in Ghana?
- Net lending (+) / net borrowing (-) in Ghana was -15.10 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Ghana?
- The highest recorded value was -108.64 million current LCU in 2004.
- What is the lowest net lending (+) / net borrowing (-) recorded in Ghana?
- The lowest recorded value was -61.36 billion current LCU in 2022.
- How does Ghana rank for net lending (+) / net borrowing (-)?
- Ghana ranks 79th out of 156 countries with data for 2023.
- Is net lending (+) / net borrowing (-) rising or falling in Ghana?
- Over the last ten years it is down 46.0%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net lending (+) / net borrowing (-) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.