Ghana Construction & Real Estate Industry Market Report
- The Trade Adviser
- Jun 2, 2024
- 1 min read
Updated: Jun 4
The construction and real estate industry in Ghana is a vital component of the country's economy, driven by urbanization, population growth, and government initiatives to improve infrastructure. As of 2023, the construction and real estate market in Ghana is valued at approximately USD 10 billion, with an annual growth rate of 10% over the past five years (source: Ghana Statistical Service).
The sector contributes significantly to GDP, with real estate alone accounting for about 8% of the total (source: World Bank). The future growth potential is substantial, with projections indicating that the market could reach USD 15 billion by 2030, fueled by investments in housing, commercial properties, and infrastructure projects.
