Is Ghana rich or poor

Answer 1

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.

Ghana is not rich, though. In the future, it seems possible that so long as revenues from recently-discovered offshore oilfields do actually materialise, and are distributed fairly, then those might become a significant contributor to GDP.

I 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 2

Ghana is not poor we have a great source of oil and gold but we don't give ut to good use but were are on the way so Ghana is not a poor country is just that we don't put all of our good recourse to good use