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Home Economics Ghana economy

Ghana Ranks 5th Best-Governed Nation in Africa, Tops West Africa [Details]

by Kwame Obsoul
April 4, 2024
in Ghana economy
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Ghana Ranks 5th Best-Governed Nation in Africa, Tops West Africa [Details]
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Ghana has emerged as a beacon of good governance in Africa, securing the prestigious 5th position on the continent and claiming the top spot in West Africa, according to a recent report by World Economics, a renowned research organization based in the United Kingdom.

The ranking, which evaluates governance across four key indices – corruption perception, rule of law, press freedom, and political rights – places Ghana among the continent’s best-governed nations. World Economics utilizes a comprehensive scale ranging from 0 to 100, with higher scores indicating better governance.

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With an impressive score of 61.7, Ghana joins the league of well-governed countries, earning a grade of B in the assessment. This achievement places Ghana ahead of its West African counterparts, including Senegal, which secured the 6th position with a grade of C and an index of 53.6.

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Leading the African chart is Mauritius, boasting a grade of B and an index score of 69.3. Following closely behind are Namibia and South Africa, with Botswana securing the 4th position. Notably, Libya, the Democratic Republic of Congo (DRC), and Chad find themselves at the bottom of the ranking, reflecting significant governance challenges.

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Globally, Ghana’s governance performance is commendable, positioning the nation at the 48th spot. This achievement surpasses several countries across various continents, underscoring Ghana’s commitment to effective governance practices.

World Economics, with over a decade of rigorous research, has established itself as a leading authority in economic analysis, providing invaluable insights for investors, financial institutions, corporations, and governments worldwide. Through its innovative databases and indices, World Economics continues to offer a unique perspective on global economic trends and governance dynamics.

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