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Ghana


Ghana Economic Outlook

  • Ghana’s economic growth, which had slowed from 4.0% in 2014 to 3.7% in 2015, is expected to recover to 5.8% in 2016 and 8.7% in 2017, following consolidation of macroeconomic stability and implementation of measures to resolve the crippling power crisis.
  • Monetary and fiscal policies were tightened in 2015 and are expected to remain so in 2016 in line with the fiscal and monetary policy consolidation reforms underway as Ghana prepares for national elections in late 2016.
  • Ghana continues to experience rapid urbanisation, which has led to a number of sustainable development challenges, particularly regarding sanitation and transportation infrastructure.

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Key Facts

Flag:
Capital: Accra
Area: 239,460 sq km
Total Population 2015: 25.9 Million
Urban Population 2015: 53.21%
Female Population 2015: 50.42%
GDP: US$ 41.3 Billion
GNI Per Capita 2015: US$ 1,550
Inflation Rate: 11.74%
Crude Birth Rate (per 1000): 30.87%
Human Development Index (rank / 187): 135
Human Development Index (scale 0 to 1): 0.558
Membership Date: 10/09/1964
Cumulative Approvals (1967-2015): UA 2.0 Billion

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Contacts

Ghana field office

African Development Bank Group
No.1 Dr. Isert Road - 7th Avenue – Ridge
Accra, Ghana
Tel: (233) 302 66 28 18/(233) 302 66 28 35
Fax: (233) 302 66 28 55

Ms Akin-Olugbade, Marie-Laure, Resident Representative

Department West Africa Region

Mr. Franck Perrault, Director West Africa Region

African Development Bank Group
24ème  Etage, Immeuble  CCIA, Plateau
01 Boite Postale 1387 Abidjan 01
Côte d’Ivoire

Phone: (+225) 20 20 40 46