Ghana’s economy, described by the World Bank in 2019 as the world’s fastest-growing economy, has recently slowed down. Challenges include high levels of government debt, inflation, and energy costs, low agricultural productivity, and regional trade inefficiencies. Disparities also exist between the country's North and South. In the country’s Northern Region, nearly 68% of Ghanaians live on less than $1.25 a day. Stunting rates among children under five are as high as 40 percent in some districts.
On behalf of the American people, the U.S. Agency for International Development (USAID) Economic Growth program supports the Government of Ghana in creating a more diversified economy with a broad export base. The program does this by increasing agriculture-led economic growth and private sector-led investments, expanding trade, and facilitating access to markets. USAID also works to improve governance accountability, combat corruption, and expand reliable access to affordable electricity.
