IFED
For Governments& ChambersFor Banks& InvestorsFor Corporates& SMEsFor Philanthropists& RoyaltyFor Start-Ups& YouthIntelligence Centre

    Ghana

    Continent
    Africa
    Capital
    Accra
    Population
    34,589,092
    Sub-Zones
    15
    General Information
    Basic details about Ghana
    Population:
    34,589,092
    Area:
    238,533 sq km
    Currency:
    cedis
    Languages:
    Asante 16, Ewe 14, Fante 11.6, Boron, Dagomba 4.4, Dangme 4.2, Dagarte, Kokomba 3.5, Akyem 3.2, Ga 3.1
    Economic Overview
    Key economic indicators for Ghana
    GDP:
    $229.639 billion
    GDP per Capita:
    $6,800
    GDP Growth:
    2.94%
    Inflation:
    38.11%
    Unemployment:
    3.08%
    Public Debt:
    71.8% of GDP
    Credit Rating:
    B- (2020)
    Political System
    Governance structure of Ghana
    Government Type:
    presidential republic
    Head of State:
    President John Dramani MAHAMA (since 7 January 2025)
    Head of Government:
    President Nana Addo Dankwa AKUFO-ADDO (since 7 January 2017)
    Judiciary:
    Supreme Court (consists of the chief justice and 13 justices)
    Administrative Divisions:
    16 regions; Ahafo, Ashanti, Bono, Bono East, Central, Eastern, Greater Accra, North East, Northern, Oti, Savannah, Upper East, Upper West, Volta, Western, Western North

    Major Political Parties

    • Not specified
    International Relations
    Global position and alliances
    UN Member:
    Yes
    EU Member:
    No
    Diplomatic Presence:
    3512 International Drive NW, Washington, DC 20008

    Major Alliances and Organizations

    AU
    Economic Sectors & Trade
    Detailed economic breakdown

    Major Economic Sectors

    Agriculture
    21.1% (2023 est.)
    Industry
    29.5% (2023 est.)
    Services
    42.5% (2023 est.)note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

    Trade Volume

    Exports:
    $25.365 billion
    Imports:
    $26.024 billion

    Major Trading Partners

    Switzerland 24
    UAE 18
    India 8
    South Africa 7
    China 7

    Economic Outlook

    Ghana has a 2.94% GDP growth rate with 38.11% inflation. The economy is characterized by a strong agriculture sector.