The 2019 Annual Meetings of the African Development Bank Group will be held from 11-14 June 2019, in Malabo, Republic of Equatorial Guinea. Find out more

Ghana

Ghana Economic Outlook

After two years of sluggish growth from 2014 to 2016, real GDP growth recovered to 8.5% in 2017 and was estimated to be 6.2% in 2018, driven mainly by the oil sector. The fiscal account deficit improved marginally, from 5.9% in 2017 to an estimated 5.7% in 2018, as did the current account deficit, from 4.5% in 2017 to an estimated 4.4% in 2018.

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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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Contacts

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

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