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Ghana set to overtake Ethiopia as Africa's eighth-largest economy
Original: Ghana set to overtake Ethiopia as Africa’s eighth-largest economy, leading by $1.49 billion in latest IMF projections
New IMF projections indicate Ghana is on course to overtake Ethiopia to become Africa's eighth-largest economy, with a lead of $1.49 billion. The forecast highlights Ghana's recent economic momentum, despite the country emerging from a debt crisis, and reflects shifting rankings among Africa's larger economies. The projection is drawing attention across business and policy circles on the continent.
Why now: A fresh IMF forecast shows a notable change in the ranking of Africa's largest economies.
GhanaEthiopiaInternational Monetary Fund
Evidence
- Ghana set to overtake Ethiopia as Africa’s eighth-largest economy, leading by $1.49 billion in latest IMF projections · Business Insider Africa
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