Size of Ghana’s economy hits GH¢349bn

The size of Ghana’s economy now stands at GH¢349.4 billion as of the end of 2019.

This is equivalent to US$67.2 billion.

But the size of the Ghanaian economy based on non-oil GDP stood at GH¢334.6 billion (US$64.10 billion).

According to the rebasing of the economy by the Ghana Statistical Service, the size of the economy increased by about GH¢48.8 billion in 2019.

In 2018, the size of the Ghanaian economy stood at GH¢300.5 billion. This is equivalent to US$65.4 billion because of the exchange rate at the time.

However, in 2016, the size of the Ghanaian economy stood at GH¢215 billion, approximately US$54.8 billion.

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