Ghana recorded a Government Budget deficit equal to 4.80 percent of the country's Gross Domestic Product in 2019.

Government Budget in Ghana averaged -7.09 percent of GDP from 2004 until 2019, reaching an all time high of -0.40 percent of GDP in 2004 and a record low of -24.20 percent of GDP in 2008. This page provides - Ghana Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ghana Government Budget - values, historical data and charts - was last updated on October of 2020.

Government Budget in Ghana is expected to reach -7.30 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ghana Government Budget is projected to trend around -6.30 percent of GDP in 2021 and -4.30 percent of GDP in 2022, according to our econometric models.

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Ghana Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-4.80 -3.90 -0.40 -24.20 2004 - 2019 percent of GDP Yearly

Ghana Government Last Previous Highest Lowest Unit
Government Debt to GDP 59.30 57.30 79.20 18.50 percent [+]
Government Budget -4.80 -3.90 -0.40 -24.20 percent of GDP [+]
Military Expenditure 211.00 189.00 278.00 9.40 USD Million [+]
Credit Rating 23.00 [+]
Government Spending 31036.46 27096.76 31036.46 7678.78 GHS Million [+]


Ghana Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.