Ghana GDP Growth Accelerates to 5-Year High of 6.9% Ghana recorded a 6.9% annual economic growth in Q2 2024, the highest in five years, following an upwardly revised 4.8% rise in the previous three-month period. All three key sectors saw increased output, with the services sector growing ...
Over the past year, Ghana has made steady progress toward economic stabilization, tackling the severe macroeconomic imbalances that peaked in 2022, according to the report. The report said the strong monetary policy position of Ghana's central bank, coupled with a more stable exchange rate regime,...
the overall growth rate for the year slowed by 0.9 percentage points compared to the 2022 growth rate, said Samuel Kobina Annim, the government statistician, during a press briefing in Accra, the capital of Ghana.
Its primary commodities—gold, cocoa, and more recently, oil and gas—are the cornerstone of its economy and have fueled significant economic growth. However, Ghana faces several challenges. Its economy’s dependence on primary commodities makes it vulnerable to global downturns and price fluctuations...
Sep 29, 2022 byEzra Reguerra Paxful CEO Ray Youssef said that the current growth trends in Ghana show it has the potential to be a leader in terms of crypto adoption. 3256 Interview Bank of Ghana to foster financial inclusion through CBDC project ...
Updated September 9, 2022 |Infoplease Staff Ghana Profile History Map of Ghana Facts & Figures President:John Dramani Mahama (2012) Land area:88,811 sq mi (230,020 sq km);total area:92,456 sq mi (239,460 sq km) Population (2014 est.):25,758,108 (growth rate: 2.19%); birth rate...
Using the nonlinear autoregressive distributed lag (NARDL) model as an estimation strategy, we found evidence of long-run and short-run asymmetrical effects of lending on economic growth of Ghana. Specifically, the estimates from long-run and short-run dynamic NARDL suggest that positive changes in...
The holiday is intended to recognise the significance of agriculture and fishing in Ghana's economic growth. Open gatherings are organised in the 16 regions across Ghana to award prizes to deserving farmers and fishers as far as best practices and outputs are concerned. History of National Farmer...
“We want to see that growth because it is that growth that holds the key to our future,” he stated. The Observatory of Economic Complexity (OEC) trade data analysis indicates that, in 2022, Ghana made an export worth US$5.46 million to Kenya, with the main products covering coconut oil...
Total population of Ghana 2029 Total population of Ghana 2023, by gender Population growth in Ghana 2023 Fertility rate in Ghana 2022 Crude birth rate in Ghana 2012-2022 Life expectancy at birth in Ghana 2022 Life expectancy at birth in Ghana 2022, by gender Age structure in Ghana 2022 ...