Commercial users: see the World Economic Database from our partners at Anansi Data Analytics

Ghana: Government deficit (% of GDP)

Percent of GDP · 1950–2024 · 74 observations · forecasts to 2031 · govdef_GDP

2024
−6.23%percent of GDP
Change on 2023
−2.9 pointsfrom −3.37%
Average, 2015–2024
−7.99%10 years
Record high and low
14.0% (1954)low −17.4% (2020)

Government deficit (% of GDP)

Report error
-20%-15%-10%-5%0%5%10%15%1960198020002020GhanaGhana
ForecastPercent of GDP

Compare with other countries →Definition of Government deficit (% of GDP)

Recent values

Percent of GDP

YearValue
2031-2.17Forecast
2030-2.23Forecast
2029-1.83Forecast
2028-1.67Forecast
2027-1.83Forecast
2026-2.26Forecast
2025-1.35Forecast
2024-6.23
2023-3.37
2022-11.8
2021-12.0
2020-17.4
2019-7.52
2018-6.79
2017-3.97
2016-6.75
2015-4.01

Sources

This series is derived from other GMD variables.

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

GMD release 2026_09 · License & terms