Ghana is a lower-middle-income West African economy known for political stability, gold and cocoa exports, and a growing services sector. After a severe crisis in 2022–2023 (high inflation, debt default, currency depreciation), the country implemented an IMF-supported program that has delivered significant macroeconomic stabilization in 2024–2025. Growth has rebounded strongly, inflation has fallen sharply, and the cedi has stabilized/appreciated notably.
Ghana performs better than many Sub-Saharan peers but still faces quality gaps in education, persistent malnutrition, and health challenges.