Forex Trading in Ghana

Ghana, located in West Africa, has an area of 238,540 km2. Ghana, with a population of 30,417,856 people, is ranked 47th in the population table, composed of 196 countries and has a population density of 128 inhabitants per square kilometer.

Its capital is Accra and its currency is the Cedi. Ghana is the 75th largest economy by GDP volume. Its public debt in 2018 was €35,065 million, with a debt of 63.23% of GDP. Its debt per capita is €1,186 per capita. The latest annual rate of change of the CPI published in Ghana is from November 2018 and was 9.3%.

There are a few variables that may help you learn a little more if you are traveling to Ghana or just want to know more about the standard of living of its inhabitants. The GDP per capita is a very good indicator of the standard of living and in the case of Ghana, in 2019, it was €1,967, so you find with this figure it is at the bottom of the table, in the 145th position. Its inhabitants have a very low standard of living in relation to the 196 countries in the GDP per capita ranking.

As for the Human Development Index or HDI, which is prepared by the United Nations to measure the progress of a country and ultimately shows us the standard of living of its inhabitants, it indicates that Ghanaians have a poor quality of life.

If the reason for visiting Ghana is business, it is useful to know that Ghana is ranked 114th out of 190 in the Doing Business ranking, which ranks countries according to how easy it is to do business. As for the Corruption Perception Index of the public sector in Ghana has been 43 points, thus, it is ranked 75th in the corruption perception ranking made up of 179 countries.

In the tables at the bottom of the page you can find more information about the economy and demographics of Ghana and if you want to see information about any other country you can do it from economy countries.