As of October 2024, Ghana's public debt has decreased to GH¢761 billion, down from GH¢807.8 billion in September 2024, marking a GHS46.8 billion reduction.
This new debt figure represents 74.6% of the country's Gross Domestic Product (GDP).
In dollar terms, the public debt stands at US$46.8 billion, reflecting a drop from US$51 billion the previous month.
The latest data, released by the Bank of Ghana in its Summary of Economic and Financial Data for November 2024, shows that while the decrease is modest, it highlights the government's efforts to manage the country's debt burden amid ongoing economic challenges.