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Ghana : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook


$15.32 billion (2011 est.)
$10.92 billion (2010 est.)


$12.75 billion (2011 est.)
$7.96 billion (2010 est.)

Inflation rate (consumer prices)

8.7% (2011 est.)
10.7% (2010 est.)

Unemployment rate

11% (2000 est.)

GDP - per capita (PPP)

$3,100 (2011 est.)
$2,800 (2010 est.)
$2,700 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

4.7% (2010 est.)
4.1% (2009 est.)
7.3% (2008 est.)

Internet users

1.297 million (2009)

Telephones - mobile cellular

17.436 million (2009)

Population growth rate

1.787% (2012 est.)


25,241,998 (July 2012 est.)
note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality, higher death rates, lower population growth rates, and changes in the distribution of population by age and sex than would otherwise be expected

Historical background

Formed from the merger of the British colony of the Gold Coast and the Togoland trust territory, Ghana in 1957 became the first sub-Saharan country in colonial Africa to gain its independence.

Ghana endured a long series of coups before Lt.

Jerry RAWLINGS took power in 1981 and banned political parties.

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Economic overview

Ghana is well endowed with natural resources and agriculture accounts for roughly one-third of GDP and employs more than half of the workforce, mainly small landholders.

The services sector accounts for 50% of GDP.

Gold and cocoa production and individual remittances are major sources of foreign exchange.

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