Non-performing loans to total gross loans (%) in Ghana
Ghana: Non-performing loans to total gross loans (%) was 21.8% in 2024. ▲ Rising
Non-performing loans to total gross loans in Ghana, 2008–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for non-performing loans to total gross loans in Ghana is 21.8%, measured in 2024. That is the highest value across all 17 years on record.
That represents a change of up 5.9% on the previous year and up 93.4% over ten years.
Over the whole period, non-performing loans to total gross loans in Ghana peaked at 21.8% in 2024 and was at its lowest, 7.7%, in 2008.
Ghana ranks 4th of 156 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 17 years of available data.
Non-performing loans to total gross loans (%) in Ghana, year by year
| Year | % | Change |
|---|---|---|
| 2008 | 7.7% | — |
| 2009 | 16.2% | +111.0% |
| 2010 | 18.1% | +11.6% |
| 2011 | 14.1% | -21.8% |
| 2012 | 13.2% | -6.7% |
| 2013 | 12.0% | -9.1% |
| 2014 | 11.3% | -6.1% |
| 2015 | 14.7% | +30.2% |
| 2016 | 17.3% | +17.9% |
| 2017 | 21.6% | +24.8% |
| 2018 | 18.2% | -15.8% |
| 2019 | 13.9% | -23.3% |
| 2020 | 14.8% | +6.1% |
| 2021 | 15.1% | +2.2% |
| 2022 | 14.8% | -2.1% |
| 2023 | 20.6% | +39.1% |
| 2024 | 21.8% | +5.9% |
Ghana compared with similar countries
- Ghana's 21.8% is above the median for lower middle income countries, which is 6.7%, 3.3× the median. (29 countries reporting)
- Ghana's 21.8% is above the median for Sub-Saharan Africa, which is 6.7%, 3.3× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.9% | 7.7% | 16.2% | 2 |
| 2010s | 15.4% | 11.3% | 21.6% | 10 |
| 2020s | 17.4% | 14.8% | 21.8% | 5 |
Countries ranked near Ghana
- 1 Chad 31.5% compare
- 2 Equatorial Guinea 31.1% compare
- 3 Ukraine 30.3% compare
- 5 Algeria 20.7% compare
- 6 Bangladesh 19.0% compare
- 7 Saint Kitts and Nevis 17.7% compare
More development goals data for Ghana
- Red List Index 0.8827 index (2025)
- Number of refugees per 100,000 population, by country of origin 42.95 per 100,000 people (2025)
- Manufacturing value added per capita 248.94 constant US$ (2025)
- Number of transboundary breeds 26 (2025)
- Number of transboundary breeds (not extinct) 26 (2025)
- Number of transboundary breeds with unknown risk status 25 (2025)
- Number of local breeds with unknown risk status 18 (2025)
- Number of local breeds (not extinct) 20 (2025)
- Number of local breeds kept in the country 21 (2025)
- Infant deaths 24,393 (2024)
Frequently asked questions
- What is non-performing loans to total gross loans in Ghana?
- Non-performing loans to total gross loans in Ghana was 21.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest non-performing loans to total gross loans recorded in Ghana?
- The highest recorded value was 21.8% in 2024.
- What is the lowest non-performing loans to total gross loans recorded in Ghana?
- The lowest recorded value was 7.7% in 2008.
- How does Ghana rank for non-performing loans to total gross loans?
- Ghana ranks 4th out of 156 countries with data for 2024.
- Is non-performing loans to total gross loans rising or falling in Ghana?
- Over the last ten years it is up 93.4%. The long-run trend across the full record is rising.
- Where does this Ghana data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Non-performing loans to total gross loans (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under UN SDG Global Database (open, attribution requested).