As per International Monetary Fund (IMF) Ghana’s
nominal gross domestic product is expected to grow at a CAGR of 15.53% from
it’s 2015 level of GHS 138.748 billion and reach GHS 381.088 billion by 2022.
Ghana, officially called the Republic of Ghana, is a
sovereign state and unitary presidential constitutional republic, located along
the Gulf of Guinea and Atlantic Ocean, in West Africa. The country is bordered
by the Ivory Coast in the west, Burkina Faso in the north, Togo in the east and
the Gulf of Guinea and Atlantic Ocean in the south.
Ghana had estimated population of 27.573 million in
the year 2016 and expected to reach 32.082 million by 2022. Which is expected
to grow at a CAGR of 2.56%.
Ghana’s real gross domestic product (GDP) was around
GHS 36.242 billions in 2016 whereas the nominal GDP was GHS 169.216 billions.
This resulted in GDP deflator 466.901. Per capita GDP was estimated at USD 1569.04
whereas purchasing power parity (PPP) based per capita GDP was estimated to be
at USD 4411.93.
In 2016, Ghana government’s revenue was GHS 28.865
billions whereas the expenditure was GHS 42.92 billions. This resulted Ghana
government’s net lending / borrowing negative at GHS 14.055 billion in 2016
indicating that enough financial resources were not made available by the
government to boost economic growth.
The current account balance for Ghana was estimated to
be negative at USD 2.784 billions for the year 2016 and is expected to decrease
at a CAGR of 1.33% and reach USD 2.615 by 2022. This negative current account
balance indicates the Ghana is net borrower to the whole world.
Scope of the
Ghana PESTEL Analysis, SWOT Analysis and Risk Analysis Market Research Reports
- These reports provide information about key macroeconomic indicators for Ghana.
- These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Ghana.
- These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Ghana.
- These reports provide risk analysis for Ghana.
For more information and to purchase Ghana PESTEL Analysis Market Research
Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/ghana-pestel-analysis-market-research-report
For more information and to purchase Ghana SWOT Analysis Market Research Report
please visit: https://www.marketresearchreports.com/market-research-reports-inc/ghana-swot-analysis-market-research-report
For more information and to purchase Ghana Risk Analysis Market Research Report
please visit: https://www.marketresearchreports.com/market-research-reports-inc/ghana-risk-analysis-market-research-report
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