Debts

• IMF Debts
  

External debt as of September 1999

This data was put together by the World Bank. BANK FOR INTERNATIONAL SETTLEMENTS (International Monetary Fund)
Organization for Economic Co-operation and Development
THE WORLD BANK GROUP

Joint BIS-IMF-OECD-World Bank statistics on external debt

(in millions of US dollars)             1997       1998          1999
                                        Dec.    June Sep. Dec.   Mar.  June

External debt -all maturities

A. Bank Loans (3)                       1124    1084 1210 1287    1254
B. Non-bank trade credits (4)            235     219       193
C. Multilateral claims                  3365    3581 3573 3706    3604  3592
D. Official bilateral loans              991              1196



Debt due within a year

E. Liabilities to banks (5)               661     525      742
F. Non-bank trade credits (4)             100     102      129

ANALYSIS:
Ghana currently owes about $6.3 billion to foreign creditors
Ghana's population is about 17 million, therefore
Each person in Ghana owes (1/17,000,000)/6,300,000,000 = $370

*Note that this figure does not include Ghana's Domestic Debt.