Is Ghana a poor or rich country?

Answer 1

At the moment, it is neither. Ghana currently falls into both those categories.

To define Ghana better - it is a developing country. Not a third world (poor) or first world (rich) country.
However millions of citizens in Ghana still live below the poverty line, with very little access to fresh water, fresh food and electricity.

Ghana is certainly doing much better as a country today than it did a decade ago. A decade ago it would have been classed as a poor third world country, but the situation is improving little by little. They are neither rich nor poor. It has a long way to go yet. In 2013 their GDP was $50 billion.

Answer 2

I would humbly suggest that an informed answer to this question essentially depends on how you define poverty.

In 1988, the UN declared that:

"Fundamentally, poverty is a denial of choices and opportunities, a violation of human dignity. It means lack of basic capacity to participate effectively in society. It means not having enough to feed and clothe a family, not having a school or clinic to go to, not having the land on which to grow one's food or a job to earn one's living, not having access to credit. It means insecurity, powerlessness and exclusion of individuals, households and communities. It means susceptibility to violence, and it often implies living on marginal or fragile environments, without access to clean water or sanitation"

By those standards, Ghana is not poor.

Having lived for 11 years in Ghana, I would say that the fact that Ghana can feed the majority of its population, either from its own output or by buying imports, means that it is not poor, relatively speaking. However, Ghana does rely on foreign aid, like many developing countries.

The standard of education in Ghana is fair, I believe, and, for example, respect for the press and for freedom of political opinion is well-entrenched.

I have tried not to turn this answer into a university thesis (:-)), but I do realise that evidence-based indicators would provide more concrete evidence in trying to definitively answer this question. Hopefully, though, this answer represents a thoughtful, initial approach to the question raised.

Answer 3

In conclusion, I think that Ghana is a poor Country. It has many problems and is in need of aid and support from overseas. Even though Ghana can feed the majority of the population by its own welfare (a point which usually determines how rich or poor a country is), it does, as I said before, rely on foreign aid, like many other developing countries.

Answer 4

At the moment, it is neither. Ghana currently falls into both those categories.

To define Ghana better - it is a developing country. Not a third world (poor) or first world (rich) country.
Ghana is certainly doing much better as a country today than it did a decade ago. A decade ago it would have been classed as a poor third world country, but the situation is improving little by little. they are neither rich nor poor. In 2013 their GDP was $50 billion.

Answer 5

Ghana is a rich country