Policy, Law, Economics and Politics - Deepening Democracy through Access to Information
This privately-owned website is operated and maintained by Creamer Media
We have detected that the browser you are using is no longer supported. As a result, some content may not display correctly.
We suggest that you upgrade to the latest version of any of the following browsers:
         
close notification
25 May 2012
   
 
 

In March 1957, Ghana became the first sub-Saharan country to achieve independence from a colonial power. Soon after, Ghana fell victim to corruption and mismanagement, but has since recovered, and is considered to be a well-administered country by regional standards, as well as a model for political and economic reform in Africa. The country is rich in mineral resources, and has recently discovered major offshore oil reserves. The country's official language is English.

Leader: John Evans Atta Mills
Capital city: Accra

Economic profile

Monetary unit: Cedi
GDP per capita: $2 500 (2010) (CIA)
GDP composition by sector:
Agriculture: 33.7% (2010) (CIA)
Industry: 24.7% (2010) (CIA)
Services: 41.6% (2010) (CIA)
GDP growth rate: 5.7% (2011) (World Bank)
Budget:
Government revenue, excluding grants: $5.5128-billion (2010) (CIA)
Government expenditure: $7.052-billion (2010) (CIA)
Consumer price inflation: 16,5% (2008) (World Bank)
Industries: Mining, lumbering, light manufacturing, aluminum smelting, food processing, cement, and small commercial ship-building
Exports of goods and services: $7.326-billion (2010) (CIA)
Imports of goods and services: $10.18-billion (2010) (CIA)
Export commodities: Gold, cocoa, timber, tuna, bauxite, aluminum, manganese ore, and diamonds
Import commodities: Capital equipment, petroleum, and foodstuffs
Trade balance: $-1.871-billion (2010) (CIA)
Reserves: $3.8-billion (2010) (CIA)
Total investment: 39.8% of GDP (2010) (CIA)
Market capitalisation of listed companies: 13,4% (2006) (World Bank)

Social profile

Population: 23,83-million (2011) (World Bank)
Population growth: 2.1% (2011) (Worl Bank)
Life expectancy at birth: 56.8 years (2011) (World Bank)
Adult literacy: 67% (2009) (World Bank)
School enrolment primary: 105% (2009) (World Bank)
School enrolment secondary: 57% (2009) (World Bank)
School enrolment tertiary: 9% (2009) (World Bank)
Number of people living with HIV/Aids: 260 000 (2009) (Unicef)

Edited by: Creamer Media Reporter
 
 
 
 
  Photos
 
 
 
 
 
 
 
  Map
 
 
 
 
 
 
Advertisements:
 
 
 
 
 
 
 
 
 
 
 
 
  Related social media
 
 
 
 
 
 
 
  Topics on this page
 
 
 
City
 
Continent
 
Country
 
Currency
 
USD
Industry Term
 
Person
 
 
 
 
 
 
Country Profiles
 
Country Profiles
 
Country Profiles
 
 
Country Profiles
 
Country Profiles
 
Country Profiles
 
Country Profiles
 
 
Country Profiles
 
Morocco
 
Country Profiles
 
Country Profiles
 
 
 
 
 
 
Online Publishers Association