GH₵181.3bn domestic debt
The Annual Public Debt Report for the 2021 financial year put the total domestic debt at GH₵181.3 billion (GH₵181,397.2 million).
GH₵152.4bn held by Ghanaians
According to the report, Ghanaians hold GH₵152.4 billion (GH₵152,401.9 million) of the domestic debt representing 84%.
GH₵28.9bn of domestic debt held by foreigners
On the other hand, foreign investors are holding GH₵28.9 billion (GH₵28,995.3 million) of Ghana’s domestic debt, amounting to 16%.
GH₵91bn held by banking sector
Out of the GH₵181.3 billion domestic debt, the banking sector alone accounts for GH₵91 billion (GH₵91,032.2 million) representing 50.2%
GH₵35.8bn held by Bank of Ghana
A further break down of the banking sector’s component shows that the Bank of Ghana (BoG) is responsible for GH₵35.8 billion (GH₵35,861.7) representing 19.8% of the GH₵181.3 billion domestic debt.
GH₵55.1bn held by Commercial Banks
The report shows that Commercial Banks hold GH₵55.1 billion (GH₵55,170.5 million) which amounts to 30.4% of the total domestic debt in 2021.
GH₵2bn held by Rural Banks
Per the report, Rural Banks also have some GH₵2 billion (GH₵2,006.7 million) representing 1.1% of domestic debt.
GH₵61.3bn held by Non-Bank Sector
On the other hand, the Non-Bank Sector has GH₵61.3 billion (GH₵61,369.7 million) representing 33.8% locked up in domestic debts.
GH₵16.7bn held by individual investors
According to the report, individual investors account for GH₵16.7 billion (GH₵16,717.6 million) which represents 9.2% overall domestic debt.
GH₵ 41bn held by Firms and institutions
Firms and institutions also hold GH₵41 billion (GH₵41,013.8 million) of the domestic debt which represents 22.6%.
GH₵1bn held by insurance companies
According to the data, insurance companies account for over GH₵1 billion (GH₵1,094.6 million) which amounts to 0.6% of the total domestic debt in 2021.
GH₵ 537.1m held by SSNIT
In respect of the Social Security and National Insurance Trust (SSNIT), it accounts for GH₵537.1 million constituting 0.3% of overall domestic debt.