Claims on central government, etc. in Ghana
Ghana: Claims on central government, etc. was 12.8% in 2024. ▲ Rising
Claims on central government, etc. in Ghana, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
The most recent figure for claims on central government, etc. in Ghana is 12.8%, measured in 2024.
That represents a change of down 19.6% on the previous year and up 17.5% over ten years.
Over the whole period, claims on central government, etc. in Ghana peaked at 24.9% in 1977 and was at its lowest, -10.4%, in 1960.
That places Ghana 78th out of 186 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 65 years of available data.
Claims on central government, etc. in Ghana, year by year
| Year | % GDP | Change |
|---|---|---|
| 1960 | -10.4% | — |
| 1961 | 4.1% | -139.7% |
| 1962 | 3.9% | -4.5% |
| 1963 | 4.8% | +21.8% |
| 1964 | 9.8% | +105.0% |
| 1965 | 12.1% | +23.4% |
| 1966 | 13.5% | +11.1% |
| 1967 | 17.7% | +31.1% |
| 1968 | 18.5% | +5.0% |
| 1969 | 14.9% | -19.7% |
| 1970 | 12.6% | -15.4% |
| 1971 | 11.4% | -9.2% |
| 1972 | 12.3% | +7.8% |
| 1973 | 10.7% | -12.9% |
| 1974 | 12.5% | +16.6% |
| 1975 | 17.5% | +39.6% |
| 1976 | 24.1% | +37.8% |
| 1977 | 24.9% | +3.4% |
| 1978 | 21.5% | -13.6% |
| 1979 | 17.7% | -17.8% |
| 1980 | 15.6% | -11.9% |
| 1981 | 14.8% | -4.9% |
| 1982 | 12.9% | -12.8% |
| 1983 | 16.1% | +24.3% |
| 1984 | 14.7% | -8.5% |
| 1985 | 14.8% | +0.5% |
| 1986 | 15.6% | +5.8% |
| 1987 | 21.7% | +39.0% |
| 1988 | 16.1% | -26.1% |
| 1989 | 11.8% | -26.4% |
| 1990 | 10.6% | -10.8% |
| 1991 | 10.4% | -1.0% |
| 1992 | 12.7% | +21.6% |
| 1993 | 14.2% | +11.8% |
| 1994 | 9.7% | -31.6% |
| 1995 | 10.8% | +10.9% |
| 1996 | 10.6% | -2.0% |
| 1997 | 15.8% | +49.2% |
| 1998 | 13.3% | -15.5% |
| 1999 | 17.5% | +31.5% |
| 2000 | 19.3% | +10.2% |
| 2001 | 15.5% | -19.5% |
| 2002 | 17.5% | +12.6% |
| 2003 | 10.4% | -40.5% |
| 2004 | 16.9% | +62.1% |
| 2005 | 12.6% | -25.0% |
| 2006 | 8.0% | -36.5% |
| 2007 | 5.7% | -28.8% |
| 2008 | 14.1% | +146.4% |
| 2009 | 10.7% | -23.6% |
| 2010 | 11.5% | +7.3% |
| 2011 | 10.9% | -5.4% |
| 2012 | 13.1% | +20.3% |
| 2013 | 11.1% | -15.4% |
| 2014 | 10.9% | -1.8% |
| 2015 | 9.1% | -16.5% |
| 2016 | 9.6% | +5.8% |
| 2017 | 7.5% | -21.9% |
| 2018 | 11.7% | +55.3% |
| 2019 | 11.5% | -1.5% |
| 2020 | 21.3% | +85.3% |
| 2021 | 20.8% | -2.4% |
| 2022 | 23.2% | +11.6% |
| 2023 | 15.9% | -31.4% |
| 2024 | 12.8% | -19.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.9% | -10.4% | 18.5% | 10 |
| 1970s | 16.5% | 10.7% | 24.9% | 10 |
| 1980s | 15.4% | 11.8% | 21.7% | 10 |
| 1990s | 12.6% | 9.7% | 17.5% | 10 |
| 2000s | 13.1% | 5.7% | 19.3% | 10 |
| 2010s | 10.7% | 7.5% | 13.1% | 10 |
| 2020s | 18.8% | 12.8% | 23.2% | 5 |
Countries ranked near Ghana
More financial sector data for Ghana
- Total reserves in months of imports, annual growth rate 13.18 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 53.45 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.04 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 96.88 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate 51.14 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 99.61 SDR per person (2024)
- Total reserves (gold at market value) (SDR), annual growth rate 26.97 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 99.61 SDR per person (2024)
Frequently asked questions
- What is claims on central government, etc. in Ghana?
- Claims on central government, etc. in Ghana was 12.8% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest claims on central government, etc. recorded in Ghana?
- The highest recorded value was 24.9% in 1977.
- What is the lowest claims on central government, etc. recorded in Ghana?
- The lowest recorded value was -10.4% in 1960.
- How does Ghana rank for claims on central government, etc.?
- Ghana ranks 78th out of 186 countries with data for 2024.
- Is claims on central government, etc. rising or falling in Ghana?
- Over the last ten years it is up 17.5%. The long-run trend across the full record is rising.
- Where does this Ghana data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Claims on central government, etc. (% GDP). Statizoid updates them automatically from the source API.
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About this data
Claims on central government include loans to central government institutions net of deposits. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.