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Analysis by Region - Emerging Markets - Ghana

Publisher Oxford Economics
Published Mar 28, 2022
Length 6 Pages
SKU # OFE17063645

Description

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.

Table of Contents

6 Pages
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

Pricing

Currency Rates
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