Ghana vs Malawi: Total reserves (% of total external debt)

Ghana
19.0%
in 2024
Malawi
20.1%
in 2020
Ghana rank
86th
Malawi rank
84th

Total reserves (% of total external debt) over time

  • Ghana
  • Malawi
010203040197119972024

How they compare

Malawi currently reports 20.1% against 19.0% in Ghana, a difference of 1.1%.

That makes Malawi's figure about 1.1 times Ghana's.

The two have swapped places 14 times across 50 shared years of data; in 1971 it was Malawi ahead.

Ghana ranks 86th and Malawi ranks 84th of 112 countries.

Across the 6 decades both report, Ghana averaged higher in 3 and Malawi in 3.

Head to head by decade

Decade Ghana Malawi Difference Ahead
1970s 19.4% 20.1% 0.7% Malawi
1980s 18.2% 5.8% 12.3% Ghana
1990s 10.7% 6.8% 3.9% Ghana
2000s 19.6% 11.8% 7.8% Ghana
2010s 21.8% 30.9% 9.2% Malawi
2020s 19.6% 20.1% 0.5% Malawi

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total reserves, Ghana or Malawi?
Malawi, at 20.1% against 19.0% in Ghana as of 2020.
What is the difference in total reserves between Ghana and Malawi?
1.1%, with Malawi ahead.
How many years of comparable data are there for Ghana and Malawi?
50 years are reported by both, from 1971 to 2020.
How do Ghana and Malawi rank globally for total reserves?
Ghana ranks 86th and Malawi ranks 84th of 112 countries.
Where does this data come from?
International Debt Statistics, World Bank (WB), published as Total reserves (% of total external debt). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ghana vs Malawi: Total reserves. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 10 November 2026, from https://financial-sector.statizoid.com/compare/total-reserves-percent-of-total-external-debt/ghana/malawi/

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About this data

Indicator
Total reserves (% of total external debt)
Unit
% of total external debt
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
152 places, 6,935 data points, 1971–2024
Last refreshed

Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed as a percentage of total external debt which are all liabilities that require payment(s) of interest and/or principal by the debtor at some point(s) in the future and that are owed to non-residents by residents of an economy.