Ghana vs Upper middle income: Interest payments
Ghana
21.6%
in 2023
Upper middle income
10.4%
in 2024
Ghana rank
13th
Upper middle income rank
12th
Interest payments over time
- Ghana
- Upper middle income
How they compare
Ghana currently reports 21.6% against 10.4% in Upper middle income, a difference of 11.2%.
That makes Ghana's figure about 2.1 times Upper middle income's.
Across all 22 years both countries report, Ghana has been ahead every year.
Ghana ranks 13th and Upper middle income ranks 12th of 155 countries.
Ghana has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Ghana | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 15.8% | 7.7% | 8.1% | Ghana |
| 2010s | 26.9% | 7.1% | 19.9% | Ghana |
| 2020s | 40.3% | 8.7% | 31.6% | Ghana |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Ghana or Upper middle income?
- Ghana, at 21.6% against 10.4% in Upper middle income as of 2023.
- What is the difference in interest payments between Ghana and Upper middle income?
- 11.2%, with Ghana ahead.
- How many years of comparable data are there for Ghana and Upper middle income?
- 22 years are reported by both, from 2002 to 2023.
- How do Ghana and Upper middle income rank globally for interest payments?
- Ghana ranks 13th and Upper middle income ranks 12th 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.