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NewsGhana places 5th among the best-governed African countries

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Ghana places 5th among the best-governed African countries

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Ghana has been recognized as the 5th best-governed country in Africa and the top-performing nation in West Africa by World Economics, a research organization based in the United Kingdom.

The ranking is based on four key indexes: corruption perception, rule of law, press freedom, and political rights, each carrying equal weight in the assessment.

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According to World Economics’ ranking data, Mauritius secured the top spot in Africa with a grade of B and an index of 69.3.

Ghana, also graded B, secured 5th place with an index of 61.7, surpassing Senegal, which ranked 6th with a grade of C and an index of 53.6.

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Namibia ranked 2nd with a grade of B and an index of 69.1, while South Africa came 3rd with a grade of B and an index score of 65.5. Botswana followed closely in 4th place with a grade of B and an index of 65.1.

In the global rankings, Denmark, Norway, Finland, New Zealand, and Sweden secured the top five positions. Ghana ranked 48th globally, surpassing countries such as Argentina, Bulgaria, Hong Kong, Malaysia, and Brazil.

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The country also outperformed several African nations including Nigeria, Ethiopia, and Egypt, among others.

After over ten years of dedicated research, World Economics has developed a new series of databases that offer a significantly different perspective on global economic growth in over 150 countries. These databases are highly relevant and useful for investors.

For the past 30 years, World Economics and its parent company Information Sciences have been experts in creating economic data series that are integral to the financial industry.

Their services are subscribed to by nearly all major banks, financial institutions, major corporations, and governments around the world.

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