Ghana has relatively weak technology in manufacturing compared to peers in Africa -ACET

Ghana lags in high-intensity technology use in manufacturing and exports compared to countries like Senegal and Tunisia, according to the Africa Center for Economic Transformation (ACET).

The low technology content in production reflects weak industrial policies and challenges in recruiting skilled workers. ACET’s report highlights that Ghana’s technology upgrading score improved from 4 in 2002 to 18.6 in 2020, though still below Africa’s top performers.

On human well-being, Ghana has seen steady progress, with GDP per capita rising from $852.4 in 1990 to $2,040 in 2022, reducing poverty from 64.2% in 1991 to 25.2% in 2016. However, income inequality remains high, increasing from 38.4 to 43.5 over time, with the top 10% holding around 32% of income.