Fiscal Balance in Ghana

Ghana Fiscal Balance | Economic News & Forecasts

Ghana - Fiscal Balance

On the heels of a quicker GDP growth figure in Q2 amid strong performances in the services and agricultural sectors, available data for the third quarter points to sustained underlying momentum. Although economic activity moderated slightly in August, it still posted double-digit growth. Moreover, household spending was likely propped up by higher consumer confidence in the same month, while the private sector PMI remained in expansionary territory on average in July–September, revealing a continued improvement in private sector activity in the quarter. Turning to Q4, despite a relatively swift vaccination campaign and a marked drop in new Covid-19 cases, authorities yet again opted to leave restrictions unchanged on 22 October, which could be capping activity in the period.

Ghana - Fiscal Balance Data

2015   2016   2017   2018   2019  
Fiscal Balance (% of GDP)-5.3  -6.9  -5.0  -3.8  -4.5  

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Note: General government balance as % of GDP
Source: IMF

Ghana Facts

Value Change Date
Exchange Rate5.700.0 %Jan 01
Stock Market0.10.0 %Dec 31

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