Growing with debt

C3

SENSITIVE RISK for entreprise

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

The country risk assessments are your North Star metrics to make the right decision for your business and understand the risks in international trade. We have always the best solution for your needs

Swipe to view more

GDP USD66.984bn ( World ranking 74, World Bank 2019)
Population 30.417mn (Wolrd ranking 47, World Bank 2019)
Form of state Constitutional Democracy
Head of government Nana Akufo-Addo (President)
Next elections 2021, presidential and legislative
  • Established track record of good governance, with a functioning democratic system and peaceful transfer of power among political parties.
  • Natural resource base (cocoa, gold, forestry etc.) now supplemented by discovery of commercially-exploitable oil reserves – output from 2011.
  • Strong GDP growth in recent years, even with a downturn in 2014-15.
  • Market-oriented policy framework.
  • Positive relations with the IFIs.
  • Continuing twin deficits (fiscal and current account) require careful management.
  • While some safeguards are established, the ability and capacity to manage oil wealth is yet to be improved.
  • High exposure to sell-off pressures in emerging economies. There is therefore periodic risk of currency depreciation, FX reserve depletion and capital flight.
  • Debt sustainability (50% in hard currency) is a concern.
  • Although per capita incomes have improved, poverty remains pervasive in some rural areas.
  • Regional instability and uncertainties, including in Burkina Faso, Nigeria and Mali.

Trade structure by destination/origin

(% of total)

Exports Rank Imports
South Africa 13%
1
20% China
United Arab Emirates 11%
2
8% United States
Switzerland 11%
3
5% Nigeria
France 7%
4
5% Netherlands
China 7%
5
5% Côte d'Ivoire

Trade structure by product

(% of total)

Exports Rank Imports
Gold, non-monetary (excluding gold ores and concentrates) 41%
1
13% Road vehicles
Coffee, tea, cocoa, spices, and manufactures thereof 23%
2
7% Petroleum, petroleum products and related materials
Petroleum, petroleum products and related materials 14%
3
6% Specialised machinery
Vegetables and fruits 4%
4
5% Other industrial machinery and parts
Metalliferous ores and metal scrap 4%
5
5% Other transport equipment
Popular Risk Reports: Americas

Popular Risk Reports: Europe

Popular Risk Reports: Asia Pacific

Popular Risk Reports: Middle East

Popular Risk Reports: Africa