Ghana's net financial flows, multilateral (NFL, current US$) was US$865.73 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 157.81% from US$335.81 million in 2014 (9.93% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$865.73 million | 2024 |
| Five years earlier | US$146.48 million | 2019 |
| Ten years earlier | US$335.81 million | 2014 |
| Highest | US$1.09 billion | 2022 |
| Lowest | US$1.49 million | 1973 |
| Average since 2015 | US$472.03 million | 2015–2024 |
| First recorded | US$2.56 million |
What the numbers say
In 2024, Ghana's net financial flows, multilateral (NFL, current US$) rose 78.6% on 2023 (from US$484.61 million to US$865.73 million).
Across the 30 yearly changes before that (1994 to 2023), the average change was +14.1% and a typical year strayed about 54.2% from that (the standard deviation). This year's change was 1.2 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 258.9% in 1974 and the biggest yearly fall was 79% in 1973. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 25% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Ghana had the 21st highest value of the 118 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Ghana | US$865.73 million | 2024 |
| Lower middle income | US$33.58 billion | 2024 |
Closest to Ghana in the 2024 ranking
What this measures
Public and publicly guaranteed multilateral loans include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 55 values
| Year | Net financial flows, multilateral (NFL, current US$) |
|---|---|
| 2024 | 865,733,000 |
| 2023 | 484,613,000 |
| 2022 | 1,090,856,000 |
| 2021 | 388,448,000 |
| 2020 | 357,407,000 |
| 2019 | 146,476,000 |
| 2018 | 110,301,000 |
| 2017 | 398,167,000 |
| 2016 | 282,126,000 |
| 2015 | 596,218,000 |
Net financial flows, multilateral (NFL, current US$) in nearby economies
- Angola — US$1 billion (2024)
- Benin — US$804.28 million (2024)
- Botswana — US$304.19 million (2024)
- Burkina Faso — US$457.86 million (2024)
- Burundi — −US$2.86 million (2024)
- Cabo Verde — US$40.61 million (2024)
- Cameroon — US$717.9 million (2024)
- Central African Republic — −US$6.35 million (2024)
- Chad — −US$29.66 million (2024)
- Comoros
More economic policy & debt data for Ghana
- Total reserves, including gold (current US$) — US$12.13 billion (2025)
- Total reserves, excluding gold (current US$) — US$9.51 billion (2025)
- Agriculture, forestry, and fishing, value added (current US$) — US$24.3 billion (2025)
- Agriculture, forestry, and fishing, value added (current LCU) — 305.12 billion (2025)
- Agriculture, forestry, and fishing, value added (% of GDP) — 21.28% (2025)
- GDP (current US$) — US$114.21 billion (2025)
- GDP (current LCU) — 1.43 trillion (2025)
- GDP (constant 2015 US$) — US$79.27 billion (2025)
- GDP (constant LCU) — 209.64 billion (2025)
- GDP per capita (current US$)
Reading data like this
Questions people ask
- What is Ghana's net financial flows, multilateral (NFL, current US$)?
- US$865.73 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 33,691% from US$2.56 million in 1970 (11.39% a year on average, compounded). The highest value was US$1.09 billion in 2022 and the lowest US$1.49 million in 1973.
- How does Ghana rank?
- 21st highest of 118 economies with data for 2024.
- Is the latest change in net financial flows, multilateral (NFL, current US$) unusual for Ghana?
- In 2024, Ghana's net financial flows, multilateral (NFL, current US$) rose 78.6% on 2023 (from US$484.61 million to US$865.73 million). Across the 30 yearly changes before that (1994 to 2023), the average change was +14.1% and a typical year strayed about 54.2% from that (the standard deviation). This year's change was 1.2 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator DT.NFL.MLAT.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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