Economy What is Ghana’s annual GDP growth rate? Source African Development Group: Ghana Economic Outlook Short answer What is Ghana’s annual GDP growth rate? Ghana’s real GDP growth - which accounts for inflation - slowed from 5.4% in 2021 to 3.3% in 2022 due to macroeconomic instability, global financial tightening and the spillover effects of Russia’s invasion of Ukraine. ... Back Full answer
Economy What is Africa’s unemployment rate? Source ILO: Mutually reinforcing crises have worsened the global employment divide Short answer What is Africa’s unemployment rate? The unemployment rate in 2023 is projected to be 11.2% in North Africa and 6.3% inSub-Saharan Africa. ... Back Full answer
Economy What is the unemployment rate in Ghana? Source World Bank: Unemployment, total (% of total labor force) (modeled ILO estimate) - Ghana Short answer What is the unemployment rate in Ghana? According to data from the World BankGhana's unemployment rate was 3.9% in 2022. ... Back Full answer
Economy What is Africa’s total global debt? Source World Bank: International Debt Statistics 2022 Short answer What is Africa’s total global debt? In 2022, public debt in Africa reached USD 1.8 trillion. ... Back Full answer
Economy What is Nigeria’s public debt? Source National Bureau of Statistics: Nigerian Domestic & Foreign Debt (Q2 2023) Short answer What is Nigeria’s public debt? Nigeria's public debt stock, which includes external and domestic debt, stood at N87.38 trillion ($113.42 billion) in Q2 2023, up from N49.85 trillion ($108.30 billion) in Q1 2023, indicating a quarter-on-quarter growth of 75.27%. ... Back Full answer
#YouAsked Economy What is Nigeria’s balance of trade? Source National Bureau of Statistics: Foreign Trade in Goods Statistics (Q2 2023) Short answer What is Nigeria’s balance of trade? In the second quarter of 2023, Nigeria’s total trade balance was N12,741.96 billion. Total exports amounted to t N7,015.71 billion and total imports were N5,726.25 billion. ... Back Full answer
#YouAsked Economy How much does fuel cost in Nigeria? Source National Bureau of Statistics: Premium Motor Spirit (Petrol) Price Watch (November 2023) Short answer How much does fuel cost in Nigeria? The average retail price paid by consumers for Premium Motor Spirit (petrol) in November 2022 was N202.48,a 29.81% increase compared to the value in November 2021 (N167.60). ... Back Full answer
#YouAsked Economy What is Nigeria’s GDP per capita? Source World Bank: GDP per capita (current US$) - Nigeria Short answer What is Nigeria’s GDP per capita? The country’s GDP per capita (nominal GDP divided by the mid-year population) was US$2,184 in 2022 as per World Bank estimates. ... Back Full answer
Economy How much debt does Kenya have? Source Central Bank of Kenya Weekly Bulletin - 03 November 2023 Short answer How much debt does Kenya have? Kenya’s total public debt was KSh10.52 trillion (roughly US$94.77 billion) in August 2023, according to the central bank. ... Back Full answer