Ghana's Economy

Ghana is a low income economy:

30% of Ghana’s population is now living on UNDER £1.25 PER DAY.

46% are living on less than £2 per day

25% youth unemployment 

Strangely enough Ghana is one of the world’s top gold producers and exports:

1.       Cocoa

2.       Crude oil

3.       Natural gas

4.       Timber

5.       Electricity

6.       Diamond

7.       Bauxite

Debt

In December 2011 Ghana’s debt  was  $18 billion.

Electricity

Ghana gets its main electricity from The Akosombo Dam which was built on the Volta River in 1965 by Osagyefo Dr. Kwame Nkrumah which provides hydro-electricity for Ghana and its neighbouring countries.