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Ghana

Frontier

Africa · GSE (Ghana Stock Exchange) · GHS

S&P Rating

NR

GDP (Nominal)

$114B

Nominal USD

GDP Growth

+6.0%

Year-on-Year

Inflation

14.2%

CPI Annualised

Market Cap

$16B

Equity Market

Equity Mkt / GDP: 14%

Economy Overview

A detailed economy overview for this market is being prepared. The macro figures shown are live and current.

Ghana restructured its external debt in 2023 after becoming Africa's first default of the decade — a cautionary tale on commodity-export dependency. Recovery-phase plays exist in gold equities and sovereign debt.

Key Sectors

Gold MiningCocoaOil (Jubilee Field)Finance

Economic Profile

ClassificationFrontier
RegionAfrica
CurrencyGHS
Primary ExchangeGSE (Ghana Stock Exchange)
Listed Companies31
GDP / Capita$3,257
Population35M

Monetary & Fiscal

CB Policy Rate29%
FX Reserves$4B
Debt / GDP53%
Current Account+8.2% of GDP
S&P RatingNR
Unemployment3.0%

Data Sources:

World Bank World Development Indicators (2025)BIS policy rates · IMF World Economic OutlookILO Labour StatisticsS&P Global RatingsWorld Federation of Exchanges2024 estimates · For intelligence purposes only