Share of government expenditure going to interest payments in Ghana

Ghana: Share of government expenditure going to interest payments was 32.79 in 2022. ▲ Rising

Latest (2022)
32.79
Change on year
down 6.3%
World rank
2nd
of 152 countries
All-time high
39.13
in 2001
All-time low
10.64
in 2007
Years of data
22
2001–2022

Share of government expenditure going to interest payments in Ghana, 2001–2022

102030402001201120222001: 39.12002: 30.62003: 24.92004: 18.52005: 162006: 13.52007: 10.62008: 112009: 15.62010: 15.52011: 12.72012: 122013: 18.32014: 24.52015: 28.52016: 28.72017: 29.82018: 29.12019: 31.72020: 28.72021: 352022: 32.8

Source: Our World in Data.

Analysis

In 2022, share of government expenditure going to interest payments in Ghana stood at 32.79.

That represents a change of down 6.3% on the previous year and up 172.5% over ten years.

Over the whole period, share of government expenditure going to interest payments in Ghana peaked at 39.13 in 2001 and was at its lowest, 10.64, in 2007.

That places Ghana 2nd out of 152 countries with data for 2022, putting it in the top 10%.

The long-run direction has been consistently rising across the 22 years of available data.

Share of government expenditure going to interest payments in Ghana, year by year

Annual values for Share of government expenditure going to interest payments in Ghana, 2001 to 2022.
Year Value Change
2001 39.13
2002 30.64 -21.7%
2003 24.94 -18.6%
2004 18.51 -25.8%
2005 16 -13.6%
2006 13.46 -15.9%
2007 10.64 -21.0%
2008 10.95 +3.0%
2009 15.65 +42.8%
2010 15.51 -0.9%
2011 12.74 -17.8%
2012 12.03 -5.6%
2013 18.32 +52.3%
2014 24.51 +33.8%
2015 28.48 +16.2%
2016 28.71 +0.8%
2017 29.76 +3.7%
2018 29.13 -2.1%
2019 31.66 +8.7%
2020 28.68 -9.4%
2021 34.99 +22.0%
2022 32.79 -6.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 19.99 10.64 39.13 9
2010s 23.08 12.03 31.66 10
2020s 32.15 28.68 34.99 3

Countries ranked near Ghana

  1. 1 Sri Lanka 49.44 compare
  2. 3 Angola 31.91 compare
  3. 4 Zambia 26.53 compare
  4. 5 Malawi 26.35 compare

See the full ranking of 152 places →

More reference data data for Ghana

All data for Ghana →

Frequently asked questions

What is share of government expenditure going to interest payments in Ghana?
Share of government expenditure going to interest payments in Ghana was 32.79 in 2022, according to Our World in Data.
What is the highest share of government expenditure going to interest payments recorded in Ghana?
The highest recorded value was 39.13 in 2001.
What is the lowest share of government expenditure going to interest payments recorded in Ghana?
The lowest recorded value was 10.64 in 2007.
How does Ghana rank for share of government expenditure going to interest payments?
Ghana ranks 2nd out of 152 countries with data for 2022.
Is share of government expenditure going to interest payments rising or falling in Ghana?
Over the last ten years it is up 172.5%. The long-run trend across the full record is rising.
Where does this Ghana data come from?
The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.

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Share of government expenditure going to interest payments in Ghana. Statizoid, drawing on Our World in Data. Retrieved 27 August 2026, from https://reference.statizoid.com/stat/share-of-government-expenditure-going-to-interest-payments/ghana/

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About this data

Indicator
Share of government expenditure going to interest payments
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
152 places, 4,278 data points, 1972–2024
Last refreshed