Ghana vs Low & middle income: Interest payments
Ghana
21.6%
in 2023
Low & middle income
10.1%
in 2023
Ghana rank
13th
Low & middle income rank
15th
Interest payments over time
- Ghana
- Low & middle income
How they compare
Ghana currently reports 21.6% against 10.1% in Low & middle income, a difference of 11.5%.
That makes Ghana's figure about 2.1 times Low & middle income's.
Across all 16 years both countries report, Ghana has been ahead every year.
Ghana ranks 13th and Low & middle income ranks 15th of 155 countries.
Ghana has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Ghana | Low & middle income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 13.6% | 5.1% | 8.5% | Ghana |
| 2010s | 26.9% | 6.2% | 20.7% | Ghana |
| 2020s | 40.3% | 9.1% | 31.2% | Ghana |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Ghana or Low & middle income?
- Ghana, at 21.6% against 10.1% in Low & middle income as of 2023.
- What is the difference in interest payments between Ghana and Low & middle income?
- 11.5%, with Ghana ahead.
- How many years of comparable data are there for Ghana and Low & middle income?
- 16 years are reported by both, from 2008 to 2023.
- How do Ghana and Low & middle income rank globally for interest payments?
- Ghana ranks 13th and Low & middle income ranks 15th of 155 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Interest payments (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.