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Home Africa

Ghana misses out on IMF Top 10 African largest economies

Prince Harry by Prince Harry
April 23, 2024
in Africa, Business
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Ghana misses out on IMF Top 10 African largest economies
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Ghana has missed out on the top ten (10) largest African economies ranking by the International Monetary Fund (IMF).

 

The Gross Domestic Product (GDP) value of countries that made the IMF’s ranking ranged between $373bn and $79bn. Ghana’s current GDP value is pegged at roughly $75bn.

 

According to the International Monetary Fund, South Africa, Egypt, Algeria, and Nigeria will remain the top four economies in Africa until 2030.

 

The Washington-based institution projects that South Africa, Africa’s most industrialised country, will become Africa’s biggest economy with a GDP of $373 billion–a position the IMF expects it to retain until 2027.

Tags: IFMSouth Africa
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