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Ghana

Ghana Economic Outlook

Ghana’s economy continued to expand in 2019, with real GDP growth estimated at 7.1%. High growth momentum since 2017 has consistently placed Ghana among Africa’s 10 fastest-growing economies. Improvements in the macroeconomic environment were accompanied by expansion in domestic demand due to increased private consumption. The industrial sector, with average annual growth exceeding 10%, was a major driver of growth in the three years to 2019.

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Key Facts

Flag:
Capital: Accra
Area: 239,460 sq km
Total Population 2017: 28.7 Million ...
Urban Population 2017: 73.50%
Female Population 2017: 49.70%
GDP: US$ 34.0 Billion
GNI Per Capita 2015: US$ 1,480
Inflation Rate: 10.52%
Crude Birth Rate (per 1000): 31.10%
Human Development Index (rank / 188): 139
Human Development Index (scale 0 to 1): 0.579
Membership Date: 10/09/1964
Cumulative Approvals (1967-2016): UA 2.1 Billion

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Ghana Country Office

African Development Bank Group
Tafawa Balewa Street, North Ridge
PMB MB 59 Ministries, Accra - Ghana
Tel: (233) 302 66 28 18/(233) 302 66 28 35
Fax: (233) 302 66 28 55

Mr Yero Baldeh, Country Manager

West Africa Region

Mrs Marie-Laure Akin-Olugbade, Director General

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

TEL. : (+225) 20 26 40 47