Ghana vs Monaco: Economic Indicators Comparison

Ghana with a GDP of $65.6B ranked the 73rd largest economy in the world, while Monaco ranked 149th with $7.2B. By GDP per capita, Ghana and Monaco ranked 142nd vs 1st, respectively.

Gross Domestic Product & Income

Stat	Ghana	Monaco
GDP	$65.6B	$7.2B
GDP growth, 1 year	5.6%	6.1%
GDP growth, 5-years average	4.5%	N/A
Population	26.9M	39k
GDP per capita	$2.2k	$186k
GDP per capita growth	3.96%	5.3%
Purchasing Power Parity conversion factor	2.13	N/A
Price level ratio of PPP conversion factor GDP to market exchange rate	0.46	N/A
GDP per capita, PPP adjusted	$6.5k	$98k
GNI, Atlas method	$63.4B	N/A
GNI per capita	$2.1k	N/A
GNI, PPP adjusted	$138.5B	N/A
GNI per capita, PPP adjusted	$4.7k	N/A

Financial system and Human development

Stat	Ghana	Monaco
Income Tax Rate	35%	N/A
Corporate Tax Rate	25%	N/A
Inflation, consumer prices	9.8%	N/A
Inflation, GDP deflator	10.2%	0.8%
Unemployment	6.7%	6.3%
Economic Freedom Index	59.4	83
Personal Freedom Index	7.64	8.7
Human Freedom Index	7.21	8.7
Property Rights Index	52.5	N/A
Judical Effectiveness Index	46.1	N/A
Business Freedom Index	58.4	N/A
Fiscal Health Index	35.6	N/A
Labor Freedom Index	59.3	N/A
Investment Freedom Index	70	N/A
Financial Freedom Index	60	N/A
Trade Freedom Index	63.8	N/A
Monetary Freedom Index	68.9	N/A
Government Spending Index	88.1	N/A
Tax Burden Index	78.4	N/A
Government Integrity Index	32.2	N/A
Corruption Perceptions Index	41	82
Life expectancy at birth, years	63.5	89.7
Suicide mortality rate, per 100,000 people	5.4	0.2
Mortality caused by road traffic injury, per 100,000 people	24.9	0
Intentional homicides, per 100,000 people	2.1	0
International tourism, number of arrivals	897k	347k

Government debt & reserves

Stat	Ghana	Monaco
Central government debt, % of GDP	59.6%	N/A
External debt stocks, % of GNI	36.3%	N/A
External debt stocks	$23.3B	N/A
Short-term debt, % of total reserves	57.7%	N/A
Total debt service, % of exports and primary income	9.4%	N/A
Adjusted net savings including particulate emission damage, % of GNI	-8.4%	N/A
Gross savings, % of GDP	21%	N/A
Gross capital formation, % of GDP	14.9%	N/A
Total reserves including gold	$6.3B	N/A
Foreign direct investment net inflows	$3B	N/A

Exports, imports and economic structure

Stat	Ghana	Monaco
Exports of goods and services, % of GDP	35.3%	N/A
Imports of goods and services, % of GDP	36.4%	N/A
Current account balance (balance of payments)	-$2B	N/A
Revenue excluding grants, % of GDP	27.2%	N/A
Grants excluding technical cooperation, BoP	$713.6M	N/A
Personal remittances received	$3.5B	N/A
Industry including construction value added, % of GDP	31.5%	13.1%
Agriculture, forestry and fishing value added, % of GDP	18.3%	N/A
Charges for the use of intellectual property, payments BoP	$700k	N/A
Charges for the use of intellectual property, receipts BoP	N/A	N/A
Expense, % of GDP	30.5%	N/A
Government Expenditure, % of GDP	20%	N/A