Country risk report · Africa
Ghana
Political RiskMedium
Operational RiskMedium
Security RiskMedium
Summary
Ghana is a West African nation known for its democratic stability, rich natural resources, and relatively strong economic performance compared to many of its regional counterparts. It is one of the world's leading producers of cocoa and gold, and in recent years, it has expanded its oil production, contributing to economic growth. The country’s population of around 32 million people is diverse, with over 100 different ethnic groups, although the Ashanti, Fante, and Mole-Dagbani are the most prominent. Ghana has made significant strides in improving human development indicators and has positioned itself as a stable democracy, with peaceful transitions of power since the return to multi-party politics in 1992.
However, the country faces significant challenges, including rising public debt, inflation, and a reliance on external financial assistance, such as loans from the International Monetary Fund (IMF). Additionally, social issues, such as youth unemployment and rural poverty, persist despite Ghana’s overall economic growth.
- Capital
- Accra
- Population
- 32 million (2024 estimate)
- Official Language
- English
- Currency
- Ghanaian Cedi (GHS)
- Key Industries
- Agriculture (cocoa), mining (gold), oil and gas, telecommunications, and services
- GDP
- $79.26 billion (2023 estimate)
- GDP Growth
- 2.9% (2023 estimate)
Table of contents
- Overview | Ghana
- Political Risk Summary
- Political Stability
- Regulatory Risk
- Contract Enforcement
- Integrity and Corruption
- Sovereign Risk
- Operational Risk Summary
- Institutional Risk
- Infrastructure Risk
- Labour Risk
- Security Risk Summary
- Crime Risk
- Terrorism Risk
- War Risk
- Civil Unrest
- Kidnap Risk
Risk levels in the report
From the report’s summary page. The full report explains each level and lists the key concerns behind it.
- Very Low
- Low
- Medium
- High
- Very High
| Category | Risk level |
|---|---|
| Political Risk | Medium |
| Political Stability | Low |
| Regulatory Risk | Medium |
| Contract Enforcement | Medium |
| Integrity and Corruption | High |
| Sovereign Risk | High |
| Operational Risk | Medium |
| Institutional Risk | Medium |
| Infrastructure Risk | Medium |
| Labour Risk | Medium |
| Security Risk | Medium |
| Crime | Medium |
| Terrorism | Low |
| War Risk | Very Low |
| Civil Unrest | Medium |
| Kidnap Risk | Low |
Pages from the report
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