CFI Data on Ghana


Ghana (orthographic projection)

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.



Trade agreement information for Ghana


Does Ghana belong to any economic unions or free trade areas?

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


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 bilateral trade deals are there between Ghana and other countries and economic unions?

None


Trade between Ghana and the United Kingdom

Source: UK Office for National Statistics, October 2019.

Contains public sector information licensed under the Open Government Licence v3.0.

Its population in 2018 was 29,463,643 [1]

In 2015, 41.41% of its total energy
consumption was renewable [2]

In 2018, its GDP grew by 6.26% [2]

In 2018 it had a negative Current
Account Balance of US$bn2.10 [3]

Its Expenditure on R&D (as a percentage of
GDP) in 2010 was 0.38% [2]


Data sources

1 UNCTAD

2 World Bank

3 IMF World Economic Outlook Database

4 The Economist