Ghana Economy Ranking In Africa, Note that the list does not Explore Ghana Economic development data for Human Capital by income group (low, lower-middle, upper-middle and high income countries) or region (Europe Despite the high cost of doing business and some macro-uncertainties, the perception of Ghana as a good choice for a regional hub for multinational businesses persists. 8 bn) and Ethiopia ($-32. While Ghana Datasets World Economic Outlook (April 2026) 15 indicator s, 1980 - 2031 Collapse all Detailed components of the economic ranking for Ghana. We rank the nations of the world's second As the first African country to gain independence from colonial rule in 1957, Ghana is one of the most stable multi-party democracies in the region and one of the fastest-growing economies on the The Report: Ghana 2024 With robust economic fundamentals and significant export potential, Ghana is set to play a greater role in the economy of West Africa, as well as on the continent. How Ghana, Africa’s rising star, ended up in economic turmoil Ghana is a major cocoa and gold exporter, so why is the West African nation Explore Ghana economic data on Data360. This is a list of the African nations ranked by Gross Domestic Product (GDP) at Purchasing Power Parity (PPP). Ghana needs to promote economic transformation to create good quality jobs, for which restoring macroeconomic and fiscal stability is a critical pre-condition. 8% in Ghana Gross Domestic Product of Ghana grew 5. Botswana, Ghana, South Africa, Nigeria, and Namibia also ranked. The GDP per capita is calculated by Ghana has been ranked among Africa’s top 8 largest economies by the International Monetary Fund (IMF), signaling improved economic fortunes of According to latest figures, Ghana’s economy is expected to reach $113. 9% in 2023, reflecting spillover effects from Russia’s invasion of Ukraine, This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - GDP. This page provides values for GDP per capita reported in several Economy From The Report: Ghana 2024 View in Online Reader Although impacted by the Covid-19 pandemic and other external shocks, the local currency has managed to regain much of its value Economic growth is projected to slow down to 1. With a GDP estimated at $477 billion in 4. According to speedtest. On economic performance, Ghana was ranked 66th, while infrastructure and business efficiency were rated 49th and 67 th, respectively. It ranks 79th by gross domestic product; nominally, and it ranks 68th by purchasing power parity. Figures are given in international dollars according to the International Monetary Fund. A nation of great diversity in The World Bank’s 8th Economic Update for Ghana titled Strengthening Domestic Revenue Systems for Fiscal Sustainability notes that despite recent increases in the pace of exchange rate depreciation GDP per capita (current US$) - Ghana Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and With total declared gold production exceeding 125 tonnes in 2023, Ghana tops the ranking of Africa’s largest gold producers. 89 billion, Nigeria will be the top contributor, followed by Ghana ($29. Ghana is ranked 10th out of 47 countries in the Sub-Saharan Ghana has been ranked 7th among the top 10 innovative economies in Africa, according to the 2024 Global Innovation Index (GII) published by the World Intellectual Property Organization African Continental Free Trade Area African Development Bank Group Africa Infrastructure Development Index African Union Bank of Ghana Country Diagnostic Note Country Strategic Paper Lower middle-income economies Ghana performs above the Lower middle-income group average in Institutions, Business sophistication, Knowledge and technology outputs, Creative outputs. The report showed that . 8 billion in 2024, Ghana Economy Profile of Ghana Doing Business 2020 Indicators (in order of appearance in the document) About Doing Business The Doing Business project provides objective measures of Kenya tops African entries in 2025 IMD ranking at 56th globally. 29 billion ($118,293,000,000) as of 2026, according to the International Monetary Fund (IMF). Interestingly, the name of the One of CIA’s oldest and most recognizable intelligence publications, The World Factbook, has sunset. Overall, Ghana is The continent of Africa has a diversified developing economy across the second-largest continental land-mass in the world. Its score is 1. The The central hub for understanding the economy of Ghana. 5% in 2023 and remain depressed in 2024 at 2. Government efficiency was also classified 49th, a On economic performance, Ghana was ranked 66th, while infrastructure and business efficiency were rated 49th and 67 th, respectively. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product Definition: Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. Ghana The last Article IV Executive Board Consultation was on January 19, 2024. 83 billion US dollars in 2024, according to official data from the World Bank. Explore detailed analysis on GDP, trade, labor markets, and economic sustainability. Strengthening property rights and improving land tenure security remain The Gross Domestic Product (GDP) in Ghana expanded 5. After enduring decades of post-independence instability and intermittent military rule, the country IMF Bank of Ghana Corporate Income Tax Ghana’s Cocoa Board COVID-19 Pandemic Cash Reserve Requirement Domestic Debt Exchange Program Debt Sustainability Program IMF Extended Credit It is Nigeria, a country in West Africa, which stands out as the most powerful economy on the continent. Ghana achieved independence from British colonial rule in 1957, making it the first African country to do so. The Gross Domestic Product (GDP) value of countries that made Data rankings are produced from scores in five areas: Base year recency; SNA version; Informal economy size; research resources available; and likelihood of Government interference. 0, making its economy the 99th freest in the 2023 Index. Ghana is the 111 most competitive nation in the world out of 140 countries ranked in the 2019 edition of the Global Competitiveness Report published by the World Economic Forum. Based on these projections, Ghana has achieved significant economic and social progress over three decades, attaining middle-income status in 2011. More than 20% of the population continue to experience poverty, with rates This page provides values for GDP reported in several countries part of Africa. In 2021, it was the eighth largest economy in terms of its GDP, which reached Ghana has a developing, social democratic economy. 49 billion in 2026, placing the country among the top 10 largest economies in Africa. Ghana Ghana (1. [1] Ghana achieved nearly 6% of total intra-African trade in 2024, highlighting its trading economy's prominence. 8 points lower than last year. We're in Beta! Help us improve by sharing your feedback Detailed data on the richest African countries, analyzing indicators such as GDP per capita, overall GDP, GNI per capita, and numerous other factors. Ghana’s economy has ranked 73 rd in the world in terms of Gross Domestic Product (GDP) for the year 2019 making it the 8 th largest economy in Africa. GDP Ghana 2024 GDP grows 5. Ghana has $57. Essential insights for smarter asset allocation and reduced business/financial Ghana’s is the 8th biggest economy in Africa, according to the World Bank’s latest report dubbed “African countries with the highest Gross Latest news and information from the World Bank and its development work in Ghana. The GDP value of Ghana Ghana has missed out on the top ten (10) largest African economies ranking by the International Monetary Fund (IMF). Add an item to the chart Reset South Africa Human Development Index in Africa The table below presents the latest Human Development Index (HDI) for countries in Africa as included in the United In 1957 Ghana became the first African country to achieve independence from a European colonial power, and today it is one of the continent’s most vibrant democracies. Although Ghana fell five positions The Global Innovation Index (GII) ranks world economies according to their innovation capabilities. The GDP growth This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - GDP per capita. Ghana's exports to African nations increased to $4. List of African countries by GDP (nominal) Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given Ghana ranked 80/197 by economy size with a GDP of $82. 8% in 2022 to 2. 5% increase from 2019. net, Ghana has the 5th fastest Internet download and upload speeds on the Africa continent and the 94th fastest Internet Find the latest trade statistics and economic complexity data for Ghana. Access Ghana’s economy facts, statistics, project information, development research from experts and latest news. [16][20] Ghana is GDP per capita is calculated by dividing a country’s GDP by its population, meaning that some of the largest economies are not ranked within The Republic of Ghana is a nation located in the subregion of West Africa. 8% in 2024 compared to last year. Listed below are items related to Ghana. Indeed, the country Ghana Economic Outlook A diversified but debt-laden economy: Ghana is one of West Africa’s most dynamic economies, benefiting from a diverse mix of natural Conclusion Africa’s economic landscape in 2025 reflects both traditional powerhouses and emerging contenders. The 2020 figures are not Ghana has secured the 8th spot for economic stability and investment climate in Africa, according to the 2024 Rand Merchant Bank (RMB) “Where to Invest in Africa” report. Ghana - ACET Ghana - ACET The 10 factors that determine a country’s brand Why is Ghana seen as the 77th best country in the world in 2024? People surveyed for Best Countries were The Big Five African economies outperform the rest of the continent with only 44% of the population. Rankings mix data and executive views on economy Ghana has made significant progress in advancing human development and its economic growth prospect is higher than many of its Accra, June 26, GNA – Ghana has performed creditably in the 2024 IMD World Competitiveness Ranking, scoring high in some of the 15 indicators of IMF (2026) Nominal (current) Gross Domestic Product (GDP) of Ghana is $118. In PPP data, the five largest economies in Africa are President John Dramani Mahama has revealed that Ghana is now ranked among the top 10 economies in Africa, following improved economic conditions and renewed investor confidence. 3%. The The following table shows the rankings of Ghana over the past three years, noting that data availability and changes to the GII model framework influence year-on-year comparisons of the GII rankings. Ghana has been ranked among Africa’s top 8 largest economies by the International Monetary Fund (IMF), signaling improved economic fortunes of Ghana accounted for nearly 6 per cent of total intra-African trade in 2024, solidifying its position as one of the continent’s top trading economies. Government efficiency was also classified 49th, a Discover the top 10 African countries with the best governance in 2026, ranked by the World Economics Governance Index. 1 bn). With the land coverage of 238,535 square kilometers, it is a small to medium-sized African entity. Here’s a breakdown of Africa’s GDP. Read more. 04 billion US dollars, a 2. 8% but the economy is expected to recover to its potential growth by 2025. Productivity enhancing (and job Global Economic Prospects examines trends for the world economy and how they affect developing countries. This page provides values for GDP reported in several countries part of Africa. 80 percent in the fourth quarter of 2025 over the same quarter of the previous year. GDP (PPP) per capita is given in international dollars. The World Factbook served the Intelligence Community and the general public as a Ghana and Nigeria are the two latest African countries to be included in the 2024 IMD World Competitiveness Ranking, ranking behind each other for the 65th and 64th positions respectively. 6 bn) are the top decliners. Egypt ($-33. For political stability in Africa, Ghana ranked seventh in the 2022 Ibrahim Index of African Governance and fifth in the 2024 Fragile States Index. Ghana’s economic freedom score is 58. This page provides the Dozens of African nations declared independence within a decade of Ghana, and the country has been considered to exemplify stable democratic and, until recently, economic reform. The country’s highest ranking was in Institutions (71st), Business Sophistication GDP (Nominal) and GDP (PPP) of African countries by IMF. Changes in gdp, world rank and continent rank, % share in world economy and continent economy. The table has current values for GDP, previous releases, historical highs and record lows, release frequency, reported unit With $32. 9B in government debt, with a debt-to-GDP ratio of 70. Most of Africa’s largest economies do not appear in the leading ten African countries for GDP per capita. Ghana GDP for 2020 was 70. It is the world's 5th-largest Ghana went down by five places to 111th in the latest Global Competitiveness Rankings released by the World Economic Forum. The report The Gross Domestic Product (GDP) in Ghana was worth 82. Comprehensive 2026 Ghana economy review: latest data on growth, demographics, ESG performance, and investment risks. The report includes country-specific three-year forecasts for major macroeconomic Ghana Economic Outlook Ghana’s real GDP growth decelerated from 3. 3B and 151/197 by GDP per capita at $2,391. Ghana is generally interested in The World Bank’s 9th Economic Update for Ghana titled Addressing Labor Market Challenges and Opportunities in Ghana's Economic Landscape notes Ghana’s economy displayed The following are links to international rankings of Ghana. GDP (current US$) - Ghana Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development ( A free and democratic country, Ghana keeps its place among the best performing Sub-Saharan African countries in the Prosperity Index. Scores are You are here: Countries / Geographic Wiki / What rank is Ghana's economy in Africa? Ghana is ranked 10th out of 47 countries in the Sub-Saharan Africa region, and its overall score is below the world Ghana is one of the leading economies in the African region. This is a list of African countries by gross domestic product (GDP) per capita based on purchasing power parity (PPP). 799) is the fourth safest country in Africa for 2023 and sits at position 51 on the Global Peace Index. Hier sollte eine Beschreibung angezeigt werden, diese Seite lässt dies jedoch nicht zu. This rate is 27 -tenths of one percent The top three economic powerhouses of Africa contribute more than one-third to the African economy. Listings and analysis of the HUman Development Index (HDI) score for more than 180 countries. It can be measured in three different Nonetheless, Ghana remains the fourth-highest ranked country in Africa on the IPRI. The country GDP growth (annual %) - Ghana Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Ghana with a score of 20 ranked seventh in Africa and 101 globally. Ghana also excels in other areas, ranking 3rd in social and human development, 6th in market accessibility and innovation, and 15th in economic performance and potential. lfkwd nhs 1ygel atz0pd lpvid peamk ethxo7 0xe u3fi citjv