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Ghana
We offer a data-driven country report for Ghana that explores inter alia population, international trading relationships, energy consumption, GDP growth, current account balances, and R&D investment. Additionally, CFI quotes from the Big Mac Index (courtesy of The Economist) which gives a rough idea of purchasing power parity. Other authoritative sources include The United Nations Conference on Trade and Development, The World Bank, and The International Money Fund. Visit us regularly for updates and new sources of key economic information on Ghana.[/vc_column_text][vc_column_text]Its population in 2018 was 29,463,643 [1]
In 2015, 41.41% of its total energy
consumption was renewable [2]
In 2021, its GDP grew by 5.36% [2]
In 2021 it had a negative Current
Account Balance of US$bn 2.30 [3]
Its Expenditure on R&D (as a percentage of
GDP) in 2010 was 0.38% [2]
What free trade areas or economic unions is it a member of?
Member of the African Continental Free Trade Area (AfCFTA) since 01/04/2019
Other members:
Benin, Burkina Faso, Cameroon, Chad, Congo, Côte d'Ivoire, Djibouti, Egypt, Equatorial Guinea, Eswatini, Ethiopia, Gabon, Gambia, Guinea, Kenya, Mali, Mauritania, Namibia, Niger, Nigeria, Rwanda, Sao Tome and Principe, Senegal, Sierra Leone, South Africa, Togo, Uganda, Western Sahara, Zimbabwe
What trade deals are there between African Continental Free Trade Area and other countries and economic unions?
None
Member of the Economic Community of West African States (ECOWAS) since 28/05/1975
Other members:
Benin, Burkina Faso, Cabo Verde, Côte d'Ivoire, Gambia, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, Togo
What trade deals are there between Economic Community of West African States and other countries and economic unions?
None
[/vc_column_text][vc_column_text]What trade deals are there with other countries and economic unions?
UK - Ghana Interim Trade Partnership Agreement (from 05/03/2021)
[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_column_text]Invest Africa: Six Reasons to Choose Ghana
Lord Waverley and Paul Baker: The Promise, Potential and Pitfalls of Britain’s Relationship with Africa
Ghana Investment Promotion Centre: Laws of Attraction – GIPC Draws Global Attention to the Investment Opportunities in Ghana
UNOPS: Quality Infrastructure is Central to Sustainable Development
Ghana Get You: African Nation’s IT Experts are Filling the Skills Gap
Wide Experience and Many Talents Make Grant a Ghanaian Treasure
CFI.co Meets the CEO of Ghana Investment Promotion Centre: Yofi Grant
Patrick Awuah: Educating the Future Leaders of Africa
Ghana: Crisis as a Hallmark of Enduring Success
World Bank Group Commits US$ 5 Billion to Boost Electricity Generation in Six African Countries
Trade with the United Kingdom
Source: UK Office for National Statistics, October 2022.
Contains public sector information licensed under the Open Government Licence v3.0.