Analysis by Region - Emerging Markets - Ghana
Ghana's post-pandemic economic activity steadily gathered impetus last year with annual real GDP growth accelerating as the year progressed. Consequently, we estimate that real economic growth reached 4.6% in 2021. The country's prospects for 2022 are even more encouraging, as we currently project real GDP growth to quicken to 5.2%. This forecast assumes strong export growth and robust private consumption & fixed investment. That said, our outlook beyond this year is more reserved as pressures on the fiscus are set to weigh on government spending, while consumer price pressures will hamper private spending growth.
- Ghana: Fiscal and public debt concerns weigh on outlook
- Forecast overview
- Recent developments
- Short-term outlook
- Key drivers of our short-term forecast
- Economic risk
- Economic risk evaluation
- Background
- Economic development
- Structure of the economy
- Balance of payments
- Policy and politics
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