Country explorer: Ghana

EXPERIMENTAL
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Overview

Ghana is a stable, lower-middle-income country in Africa with a medium-sized population. Its economy has grown rapidly in recent decades, and is based on agriculture, mining and services.

The Ghanaian cocoa industry is the second-largest in the world.

Economy

Ghana has witnessed substantial economic growth and significant reductions in poverty, marked by improvements in GDP per capita, a varying but generally decreasing unemployment rate, and a struggling yet ongoing fight against inflation, positioning it both as a beacon of progress and a continuing work in progress among its lower-middle-income country peers.

Demographics

Ghana has exhibited a significant demographic transformation characterized by steady population growth, fluctuating net migration patterns, a gradually declining fertility rate, and an incremental increase in life expectancy, aligning with trends observed in many lower-middle-income countries but distinctively maintaining higher life expectancy and lower fertility rates compared to some of its regional peers like Nigeria.

Basic needs

Ghana has shown steady progress in improving access to basic needs, including clean cooking fuels, electricity, and safely managed drinking water and sanitation facilities, reflecting broader socio-economic growth and infrastructure development common among its lower-middle-income peers.

Human development

Ghana has showcased significant advancement in human development, marked by a consistent rise in the Human Development Index, a substantial reduction in child mortality, improved literacy rates, and gains in average learning-adjusted years of schooling, reflecting broad societal progress that aligns with trends observed in other lower-middle-income countries.

Environment & energy

Ghana has experienced a significant decline in per capita CO₂ emissions, including land-use change, and reductions in renewable freshwater per capita, while showing progressive trends in forest area conservation and diversification of electricity production towards renewable sources, highlighting a unique journey towards environmental sustainability compared to many of its peers.

Technology & innovation

Ghana has shown a robust increase in internet use and mobile phone subscriptions, alongside a modest growth in scientific publications, indicating a gradual but steady ascent in technological engagement and innovation, aligning with broader trends observed in lower-middle-income countries.

Culture & society

Ghana has showcased steady progress in societal well-being as evidenced by a gentle decline in gender inequality and age dependency ratio, alongside an increase in self-reported life satisfaction, distinguishing it through a resilient advancement in contrast with some of its African peers.

Governance

Ghana has demonstrated notable progress in enhancing rule of law, reducing corruption perception, and improving political civil liberties and press freedom, distinguishing itself as a beacon of governance improvements in contrast to the mixed progress observed in its regional peers and lower-middle-income countries.

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