Labor force | 14.549 million (2022 est.) |
---|---|
Industrial production growth rate | 0.93% (2022 est.) |
Industries | mining, lumbering, light manufacturing, aluminum smelting, food processing, cement, small commercial ship building, petroleum |
Population below poverty line | 23.4% (2016 est.) |
Taxes and other revenues | 11.34% (of GDP) (2020 est.) |
Fiscal year | |
Exchange rates | |
Currency | cedis (GHC) per US dollar - |
Exchange rates 2022 | 8.272 (2022 est.) |
Exchange rates 2021 | 5.806 (2021 est.) |
Exchange rates 2020 | 5.596 (2020 est.) |
Exchange rates 2019 | 5.217 (2019 est.) |
Exchange rates 2018 | 4.585 (2018 est.) |
Debt - external | |
Debt - external 2019 | $20.467 billion (2019 est.) |
Debt - external 2018 | $17.885 billion (2018 est.) |
Reserves of foreign exchange and gold | |
Reserves of foreign exchange and gold 2021 | $9.917 billion (2021 est.) |
Reserves of foreign exchange and gold 2020 | $7.884 billion (2020 est.) |
Reserves of foreign exchange and gold 2019 | $7.563 billion (2019 est.) |
Current account balance | |
Current account balance 2022 | -$1.517 billion (2022 est.) |
Current account balance 2021 | -$2.541 billion (2021 est.) |
Current account balance 2020 | -$2.134 billion (2020 est.) |
Public debt | |
Public debt 2017 | 71.8% of GDP (2017 est.) |
Public debt 2016 | 73.4% of GDP (2016 est.) |
Budget | |
Revenues | $9.492 billion (2018 est.) |
Expenditures | $14.062 billion (2018 est.) |
Budget surplus (+) or deficit (-) | -6% (of GDP) (2017 est.) |
Remittances | |
Remittances 2022 | 6.32% of GDP (2022 est.) |
Remittances 2021 | 5.24% of GDP (2021 est.) |
Remittances 2020 | 6.13% of GDP (2020 est.) |
Household income | |
Lowest 10% | 1.6% |
Highest 10% | 32.2% (2016 est.) |
Average household expenditures | |
On food | 39.2% of household expenditures (2021 est.) |
On alcohol and tobacco | 0.5% of household expenditures (2021 est.) |
Imports | |
Imports 2022 | $26.329 billion (2022 est.) |
Imports 2021 | $25.967 billion (2021 est.) |
Imports 2020 | $24.545 billion (2020 est.) |
Imports (partners) | China 41%, Netherlands 7%, India 5%, US 5%, Cote d'Ivoire 4% (2022) |
Comodities Imports force | refined petroleum, plastic products, garments, coated flat-rolled iron, ships (2022) |
Exports | |
Imports 2022 | $26.329 billion (2022 est.) |
Imports 2021 | $25.967 billion (2021 est.) |
Imports 2020 | $24.545 billion (2020 est.) |
Exports (partners) | UAE 24%, Switzerland 17%, US 14%, India 10%, China 10% (2022) |
Comodities Exports force | gold, crude petroleum, cocoa beans, coconuts/Brazil nuts/cashews, cocoa paste (2022) |
Real GDP (purchasing power parity) | |
Real GDP (purchasing power parity) 2022 | $183.459 billion (2022 est.) |
Real GDP (purchasing power parity) 2021 | $177.981 billion (2021 est.) |
Real GDP (purchasing power parity) 2020 | $169.382 billion (2020 est.) |
GDP (official exchange rate) | $73.766 billion (2022 est.) |
Real GDP Per capita | |
Real GDP per capita 2022 | $5,500 (2022 est.) |
Real GDP per capita 2021 | $5,400 (2021 est.) |
Real GDP per capita 2020 | $5,300 (2020 est.) |
GDP - composition, by sector of origin | |
Agriculture | 18.3% (2017 est.) |
Industry | 24.5% (2017 est.) |
Services | 57.2% (2017 est.) |
GDP - composition, by end use | |
Household consumption | 80.1% (2017 est.) |
Government consumption | 8.6% (2017 est.) |
Investment in fixed capital | 13.7% (2017 est.) |
Investment in inventories | 1.1% (2017 est.) |
Exports of goods and services | 43% (2017 est.) |
Imports of goods and services | -46.5% (2017 est.) |
Unemployment rate | |
Unemployment rate 2022 | 3.52% (2022 est.) |
Unemployment rate 2021 | 3.56% (2021 est.) |
Unemployment rate 2020 | 3.42% (2020 est.) |
Youth unemployment rate (ages 15-24) | |
Total | 9.6% (2021 est.) |
Male | 9.7% |
Female | 9.4% |
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