Ghana Manufacturing Industry Market Report (Textiles and Electronics)
- The Trade Adviser
- Jun 2, 2024
- 1 min read
Updated: Jun 4
The manufacturing industry in Ghana, particularly in textiles and electronics, is a key driver of economic growth and industrialization. As of 2023, the manufacturing sector is valued at approximately USD 4 billion, with textiles and electronics contributing significantly to this figure (source: Ghana Statistical Service).
The sector has seen an annual growth rate of 8% over the past five years, driven by government initiatives to boost industrial production and create jobs. Ghana's GDP was USD 74.26 billion in 2022, and the manufacturing sector accounted for about 12% of the total (source: World Bank).
The future growth potential is substantial, with projections indicating that the market could reach USD 6 billion by 2030, supported by investments in modern manufacturing technologies and infrastructure.
