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Ghana

CAPITAL

Accra

GDP

$76 billion

REGION

Africa

GDP PER CAPITA, PPP

$6,750

POPULATION

33,476,000

AREA

238,533 SQ.KM

Ghana is West Africa’s most stable democracy and second-largest economy, distinguished by relative political stability and institutional development. The country has achieved significant economic growth through gold mining, oil production, and agricultural exports. Ghana’s governance record and investment climate have attracted substantial foreign direct investment and regional business activity across the continent.

The economy is anchored in mining, petroleum, agriculture, and financial services, with growing manufacturing and technology sectors. Ghana hosts Africa’s most developed stock exchange outside South
Africa and maintains relatively advanced financial infrastructure. The government has pursued economic
diversification through manufacturing promotion, renewable energy development, and technology sector
support. Tourism, targeting cultural heritage and coastal resources, represents emerging opportunities.

Ghana’s global positioning reflects its status as West Africa’s economic and institutional leader, hosting numerous multinational corporations and international organizations. The country maintains strong relationships with Western nations, regional partners, and China. Ghana’s development trajectory demonstrates that governance quality and institutional strength can support sustained economic growth even with resource wealth. Challenges include infrastructure maintenance, education quality, and
employment generation for growing youth populations. Ghana’s continued success depends on sustaining
democratic institutions and economic diversification.

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The country description included in this report was developed with the assistance of artificial intelligence.

David J. Reibstein, Ph.D.

The William S. Woodside Professor and

Professor of Marketing

Office

The Wharton School

University of Pennsylvania

3730 Walnut Street, 743 JMHH

Philadelphia, PA  19104

contact

Email: reibstein@wharton.upenn.edu
Telephone: 215-898-6643
Fax: 215-573-2129

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