Ghana is categorized by the World Bank as a high-debt troubled country.

Ghana was categorized as a high debt distress country by the World Bank in its most recent Africa Pulse Report due to its projected debt to Gross Domestic Product (GDP) ratio of 104.6% by the end of 2022. A widening of the government deficit, a major depreciation of the cedi, and growing debt servicing expenses are all factors that will cause the debt, which was 76.6% a year ago, to increase dramatically.