Ghana: Net financial flows, RDB concessional (NFL, current US$)

Key figures

What the numbers say

In 2024, Ghana's net financial flows, RDB concessional (NFL, current US$) fell US$3.63 million on 2023 (from −US$9.63 million to −US$13.26 million).

Across the 30 yearly changes before that (1994 to 2023), the average change was −US$1.05 million and a typical year strayed about US$35.37 million from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was US$69.37 million in 2008 and the biggest yearly fall was US$83.94 million in 2013. 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 the straight-line trend is downward, about US$12.39 million a year. A straight line explains 80% of the movement over 10 observed years.

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 74th highest value of the 85 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.

Closest to Ghana in the 2024 ranking

• Guyana — 71st of 85: −US$11.32 million
• Tajikistan — 72nd of 85: −US$13 million
• Ecuador — 73rd of 85: −US$13 million
• Armenia — 75th of 85: −US$16.18 million
• Afghanistan — 76th of 85: −US$17.79 million
• Bolivia — 77th of 85: −US$19.99 million

What this measures

Net financial flows received by the borrower during the year are disbursements of loans and credits less repayments of principal. Concessional financial flows cover disbursements made through concessional lending facilities. Regional development banks are the African Development Bank, in Tunis, Tunisia, which serves all of Africa, including North Africa; the Asian Development Bank, in Manila, Philippines, which serves South and Central Asia and East Asia and Pacific; the European Bank for Reconstruction and Development, in London, United Kingdom, which serves Europe and Central Asia; and the Inter-American Development Bank, in Washington, D.C., which serves the Americas. Aggregates include amounts for economies not specified elsewhere. Data are in current U.S. dollars.

Regional and income-group figures are computed by the World Bank as a sum.

All 43 values

Net financial flows, RDB concessional (NFL, current US$) in nearby economies

• Angola — −US$2.53 million (2024)
• Benin — US$54.62 million (2024)
• Botswana — −US$2.88 million (2024)
• Burkina Faso — US$14.15 million (2024)
• Burundi — −US$754,058 (2024)
• Cabo Verde — −US$4.02 million (2024)
• Cameroon — US$9.85 million (2024)
• Central African Republic — −US$13,276 (2024)
• Chad — −US$2.92 million (2024)

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

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Questions people ask

What is Ghana's net financial flows, RDB concessional (NFL, current US$)?

−US$13.26 million in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1982?

It is down 439.14% from US$3.91 million in 1982. The highest value was US$146.08 million in 2012 and the lowest −US$13.26 million in 2024.

How does Ghana rank?

74th highest of 85 economies with data for 2024.

Is the latest change in net financial flows, RDB concessional (NFL, current US$) unusual for Ghana?

In 2024, Ghana's net financial flows, RDB concessional (NFL, current US$) fell US$3.63 million on 2023 (from −US$9.63 million to −US$13.26 million). Across the 30 yearly changes before that (1994 to 2023), the average change was −US$1.05 million and a typical year strayed about US$35.37 million from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator DT.NFL.RDBC.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB), note: https://www.worldbank.org/en/programs/debt-statistics 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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