AMI 21 April 2022: Ghana’s economy rebounds in 2021
Africa Markets Podcast
English - April 21, 2022 05:36 - 2 minutes - 2.16 MBNews Business Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: AMI 20 April 2022: Namibia’s inflation moves sideways
Ghana: The economy bounced-back in 2021, recording 5.4%y/y, as the services industry spurred the recovery. GDP growth rates were broadly aligned with our expectation, coming-in only 0.2 ppt lower than what we had initially anticipated. Under the services industry, “Trade; Repair of Vehicles, Household Goods”, posted a strong recovery of 5.9% in 2021 versus a contraction of 2.9%y/y in 2020.
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