Ghana at a glance
POVERTY and SOCIAL Ghana 2006 Population, mid-year (millions) GNI per capita (Atlas method, US$) GNI (Atlas method, US$ billions) Average annual growth, 2000-06 Population (%) Labor force (%) Most recent estimate (latest year available, 2000-06) Poverty (% of population below national poverty line) Urban population (% of total population) Life expectancy at birth (years) Infant mortality (per 1,000 live births) Child malnutrition (% of children under 5) Access to an improved water source (% of population) Literacy (% of population age 15+) Gross primary enrollment (% of school-age population) Male Female KEY ECONOMIC RATIOS and LONG-TERM TRENDS 1986 GDP (US$ billions) Gross capital formation/GDP Exports of goods and services/GDP Gross domestic savings/GDP Gross national savings/GDP Current account balance/GDP Interest payments/GDP Total debt/GDP Total debt service/exports Present value of debt/GDP Present value of debt/exports 1986-96 (average annual growth) GDP GDP per capita Exports of goods and services 4.4 1.6 9.0 5.7 9.4 16.6 5.8 4.9 -3.6 0.8 48.0 28.5 .. .. 1996-06 4.7 2.5 3.5 1996 6.9 21.2 32.1 13.2 18.1 -3.1 1.3 83.6 19.6 .. .. 2005 5.9 3.8 9.3 2005 10.7 29.0 36.1 3.4 21.4 -7.0 0.7 62.9 8.0 27.7 83.9 2006 6.2 4.2 10.3 2006 12.9 32.4 39.2 7.8 27.2 -5.1 .. .. .. .. .. 2006-10 7.1 5.4 4.5 Ghana Domestic savings
Economic ratios*
10/2/07
SubSaharan Africa 770 842 648
Lowincome 2,403 650 1,562
Development diamond*
22.5 520 11.7
Life expectancy
2.1 2.5
2.4 2.6
1.9 2.3
GNI per capita
Gross primary enrollment
.. 49 57 68 22 75 58 94 94 93
.. 36 47 96 30 56 59 92 98 86
.. 30 59 75 .. 75 61 102 108 96
Access to improved water source
Ghana
Low-income group
Trade
Capital formation
Indebtedness
Low-income group
STRUCTURE of the ECONOMY 1986 (% of GDP) Agriculture Industry Manufacturing Services Household final consumption expenditure General gov't final consumption expenditure Imports of goods and services 47.8 17.2 11.1 35.1 83.1 11.1 20.1 1986-96 (average annual growth) Agriculture Industry Manufacturing Services Household final consumption expenditure General gov't final consumption expenditure Gross capital formation Imports of goods and services 2.1 2.8 -4.7 7.5 4.0 4.7 3.9 6.8 1996 39.0 23.6 8.6 37.5 74.7 12.0 40.1 1996-06 3.4 6.6 4.0 5.3 5.5 1.0 3.2 4.4 2005 37.5 25.1 1.6 37.4 84.9 11.7 61.7 2005 4.5 9.9 .. 5.8 .. .. .. 6.7 2006 37.2 25.4 1.3 37.3 79.0 13.2 63.8 2006 5.5 8.6 .. 6.0 .. .. .. 8.9
Growth of capital and GDP (%)
40 20 0 -20 -40 01 02 03 04 05 06
GCF
GDP
Growth of exports and imports (%)
20 10 0 01 -10 -20 02 03 04 05 06
Exports
Imports
Note: 2006 data are preliminary estimates. This table was produced from the Development Economics LDB database. * The diamonds show four key indicators in the country (in bold) compared with its income-group average. If data are missing, the diamond will be incomplete.
Ghana
PRICES and GOVERNMENT FINANCE 1986 Domestic prices (% change) Consumer prices Implicit GDP deflator Government finance (% of GDP, includes current grants) Current revenue Current budget balance Overall surplus/deficit TRADE 1986 (US$ millions) Total exports (fob) Cocoa Timber Manufactures Total imports (cif) Food Fuel and energy Capital goods Export price index (2000=100) Import price index (2000=100) Terms of trade (2000=100) BALANCE of PAYMENTS 1986 (US$ millions) Exports of goods and services Imports of goods and services Resource balance Net income Net current transfers Current account balance Financing items (net) Changes in net reserves Memo: Reserves including gold (US$ millions) Conversion rate (DEC, local/US$) EXTERNAL DEBT and RESOURCE FLOWS 1986 (US$ millions) Total debt outstanding and disbursed IBRD IDA Total debt service IBRD IDA Composition of net resource flows Official grants Official creditors Private creditors Foreign direct investment (net inflows) Portfolio equity (net inflows) World Bank program Commitments Disbursements Principal repayments Net flows Interest payments Net transfers 2,747 134 446 228 18 4 133 218 78 4 0 99 169 10 159 13 146 1996 5,788 44 2,530 445 13 28 216 349 220 120 0 275 244 20 224 21 203 2005 6,739 0 4,234 285 2 46 913 308 13 107 0 210 305 17 289 32 257 2006 .. 0 810
F: 315
1996
2005
2006
Inflation (%)
40 30 20 10 0
24.6 41.7
46.6 39.8
15.1 15.0
10.9 14.6
13.6 1.7 -5.5
18.3 1.9 -11.4
27.8 9.0 -2.5
25.3 3.5 -7.6
01
02
03
04
05
06
GDP deflator
CPI
1996 1,810 552 147 137 2,523 378 284 1,212 78 132 59
2005 2,802 908 227 194 5,752 623 862 1,399 99 124 80
2006 3,685 1,002 207 323 7,264 637 868 1,553 103 124 84
Export and import levels (US$ mill.)
8,000 6,000 4,000 2,000 0 00 01 02 03 04 05 06
749 503 44 70 806 121 135 343 60 86 70
Exports
Imports
1996 2,247 2,800 -553 -144 482 -214 200 14 0 1,637.2
2005 3,475 6,160 -2,685 -187 2,117 -755 662 93 1,951 9,072.5
2006 4,569 7,733 -3,164 -93 2,600 -657 160 497 2,084 9,174.4
Current account balance to GDP (%)
5
797 968 -171 -106 73 -204 147 57 .. 89.3
0 00 01 02 03 04 05 06
-5
-10
Composition of 2005 debt (US$ mill.)
G: 587
.. 0 54 .. .. .. .. .. 9 223 34 189 20 169
E: 369
D: 817
B: 4,234 C: 417
A - IBRD B - IDA C - IMF
D - Other multilateral
E - Bilateral F - Private G - Short-term
The World Bank Group: This table was prepared by country unit staff; figures may differ from other World Bank published data.
10/2/07