Ghana vs Nigeria: Short-term debt

Ghana
58.6%
in 2024
Nigeria
55.0%
in 2024
Ghana rank
25th
Nigeria rank
28th

Short-term debt over time

  • Ghana
  • Nigeria
0100200300400197019972024

How they compare

Ghana currently reports 58.6% against 55.0% in Nigeria, a difference of 3.6%.

That makes Ghana's figure about 1.1 times Nigeria's.

The two have swapped places 7 times across 55 shared years of data; in 1970 it was Nigeria ahead.

Ghana ranks 25th and Nigeria ranks 28th of 112 countries.

Across the 6 decades both report, Ghana averaged higher in 3 and Nigeria in 3.

Head to head by decade

Decade Ghana Nigeria Difference Ahead
1970s 35.5% 61.2% 25.6% Nigeria
1980s 47.3% 184.8% 137.5% Nigeria
1990s 99.1% 150.7% 51.6% Nigeria
2000s 72.1% 20.2% 51.9% Ghana
2010s 52.3% 34.9% 17.4% Ghana
2020s 73.8% 52.2% 21.6% Ghana

Averages of every year both report within each decade.

Frequently asked questions

Which has higher short-term debt, Ghana or Nigeria?
Ghana, at 58.6% against 55.0% in Nigeria as of 2024.
What is the difference in short-term debt between Ghana and Nigeria?
3.6%, with Ghana ahead.
How many years of comparable data are there for Ghana and Nigeria?
55 years are reported by both, from 1970 to 2024.
How do Ghana and Nigeria rank globally for short-term debt?
Ghana ranks 25th and Nigeria ranks 28th of 112 countries.
Where does this data come from?
World Development Indicators, World Bank (WB), published as Short-term debt (% of total reserves). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ghana vs Nigeria: Short-term debt. Statizoid, drawing on World Development Indicators, World Bank (WB). Retrieved 11 September 2026, from https://economy.statizoid.com/compare/short-term-debt-percent-of-total-reserves/ghana/nigeria/

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About this data

Indicator
Short-term debt (% of total reserves)
Unit
% of total reserves
Source
World Development Indicators, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
144 places, 6,180 data points, 1970–2024
Last refreshed

Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.