Ghana’s public debt reduced by GH¢40 billion between September 2025 and November 2025 to GH¢644.6 billion.
This is approximately 45.5% of Gross Domestic Product (GDP).
However, in dollar terms, the total public debt stood at US$57.2 billion in November 2025, lower than US$57.8 billion recorded in October 2025, but higher than the US$55.1 billion recorded in September 2025.
According to data from the Bank of Ghana, the country’s public debt stood at GH¢630.2 billion in October 2026.
Between March and May 2025, the country’s public debt stock fell by GH¢156.4 billion to GH¢612 billion. However, it has been increasing since then until October 2025 when it plummeted.
The data showed that the external debt stood at US$29.3 billion in November 2025 2025, lower than the US$29.5 billion in November 2025. This represented 23.3% of GDP.
The domestic debt dropped to GH¢314.5 billion in November 2025, from GH¢317.6 billion in September 2025, about 22.2% of GDP.
For the government’s fiscal operations, the fiscal deficit-to-GDP stood at 1.4 % in November 2025.
However, the primary balance was a surplus of 2.8% of GDP.
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Source: www.myjoyonline.com