Ghana in Numbers

Ghana GH: Government Expenditure on Education: Total: % of Government Expenditure Introduction Education remains a pivotal sector for sustainable development, drawing attention from governments around the world. But how does Ghana compare with its West African neighbors in this regard? Utilizing World Bank data, this article aims to explore the trends in government expenditure on education in Ghana and how it stacks up against a West African average. Key Takeaways Ghana gener

In the age of globalization, the significance of international education has never been more pronounced. Ghana stands out in this narrative, with an exciting trend unfolding: a 58.6% leap in Ghanaian students in the U.S. over the past seven academic years. Ghana at a Glance: Total Population: 33,107,275 Population Aged 15-24: 18.6% A fifth of Ghana's population is within the 15-24 age bracket, indicating a vast reservoir of potential international students. The Journey Over t

A Historical Look at Ghana's Supreme Court Appointments since 1993 Ghana, as a democratic nation, has seen various presidents make significant decisions, one of which includes appointing Supreme Court Judges. In this article, we delve into the historical data of these appointments since 1993, focusing on the presidents involved, their political affiliations, and the gender distribution of the appointed judges. Presidential Appointments Over the Years Since 1993, Ghana has see

Analyzing 66 years of Ghana's Post-Independence Governance Ghana, a beacon of hope in West Africa, stands out for its intriguing political journey post-independence. The landscape, shaped initially by Dr. Kwame Nkrumah's CPP and later by military regimes and the rise of two major political entities, offers profound insights. This article delves deep into Ghana's governance over 66 years, exploring key takeaways and their implications for the nation's political and economic fa

The New Patriotic Party (NPP), the ruling party of Ghana, recently held its much-anticipated Super Delegates Conference across 17 centers in the country. The results are in, and Dr. Bawumia has emerged as the leading candidate . Top four candidates of NPP Super Delegates conference Bawumia's Regional Dominance Bawumia's performance across the Norther regions in Ghana is noteworthy: North East: Dominating with a whopping 100% Northern: Securing 94% of the votes Upper East: An

The regional breakdown of parliamentary seats in Ghana provides some interesting insights into the country's political landscape. The NDC in the previous 2020 elections won at least two seats in each of the 16 regions in Ghana while the NPP maintained its dominance in the Ashanti region but did not win any seat in the Oti Region. The Oti Region is one of the six newly created regions of Ghana in December 2018. The region was carved out of the northern part of the Volta Region

An analysis of the personnel costs of the Bank of Ghana (BoG) from 2012 to 2022 shows that the average annual growth rate was 23.48%. This means that the BoG's personnel costs have more than quadrupled over the past 10 years. The biggest jump in personnel costs occurred between 2015 and 2016, when they increased by 54%. The BoG's personnel costs also increased by 29% between 2021 and 2022. This was despite an increase in the number of staff by only 4. The difference in person

The Ghanaian banking sector faced a number of challenges in 2022, including a domestic debt exchange program that led to huge impairment losses for most banks. However, the sector showed resilience, with total assets increasing by an average of 18% from the previous year. The domestic debt exchange program required holders of government securities to exchange their bonds for new bonds with longer maturities and lower interest rates. This led to significant losses for banks, w

Banks in Ghana The banking sector in Ghana has been plagued by a number of collapses in recent years. In fact, since 1990, 13 banks have collapsed, and 12 of those were local banks. This represents 92% of all collapsed banks in Ghana during this period. There are a number of factors that have contributed to the high number of local bank collapses in Ghana. These include: Weaker regulatory oversight. The Ghanaian government has been criticized for its weak regulatory oversight

Ghana and the IMF Ghana has been a member of the International Monetary Fund (IMF) since 1957, and the two institutions have had a long and complicated relationship. Ghana has had a total of 18 IMF arrangements, including the current Extended Credit Facility (ECF) arrangement that was approved in May 2023. The IMF has provided Ghana with significant technical assistance in a number of areas, including public financial management, monetary and exchange rate policy, and statist