Economics

Fastest-Growing African Economy Is Even Bigger Than It Seems

  • New estimates for Ghana GDP to be released on May 23: Afram
  • Statistics agency to publish new inflation data series
Photographer: Ty Wright/Bloomberg
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Ghana plans to publish overhauled economic data that will show its gross domestic product is bigger than currently estimated.

The West African nation will remeasure economic output using 2013 prices instead of 2006 and the basket of activities used to value the economy is being expanded due to new industries that have formed since 2006, Asuo Afram, head of economic statistics at the Ghana Statistical Service, said by phone.