ABSTRACT
Ghana gained its independence in 1957, and was therefore one of the first countries in Africa to do so. In some ways, the Ghanaian economy has changed substantially since that date; industry and services have increased their role, and agriculture has been reduced. Income in total, and also per capita, rose for a few years, fluctuated around the highest value attained for the next few years, and then fell, until very recently. The country’s population has grown very rapidly, from a figure of approximately 7 million inhabitants at the time of independence to over 16 million today. Government’s role in the economy has increased.
