agriculture: 37.3% industry: 25.3% services: 37.5% (2006 est.)
Labor force:
11.29 million (2007 est.)
Labor force - by occupation:
agriculture: 56% industry: 15% services: 29% (2005 est.)
Unemployment rate:
11% (2000 est.)
Population below poverty line:
28.5% (2007 est.)
Household income or consumption by percentage share:
lowest 10%: 2.2% highest 10%: 30.1% (1999)
Distribution of family income - Gini index:
39.4 (2005–06)
Investment (gross fixed):
31.6% of GDP (2007 est.)
Budget:
revenues: $4.262 billion expenditures: $5.481 billion (2007 est.)
Fiscal year:
calendar year
Public debt:
58.5% of GDP (2007 est.)
Inflation rate (consumer prices):
10.7% (2007 est.)
Central bank discount rate:
13.5% (31 December 2007)
Commercial bank prime lending rate:
NA
Stock of money:
$2.179 billion (31 December 2006)
Stock of quasi money:
$2.174 billion (31 December 2006)
Stock of domestic credit:
$4.173 billion (31 December 2006)
Agriculture - products:
cocoa, rice, cassava (tapioca), peanuts, corn, shea nuts, bananas; timber
Industries:
mining, lumbering, light manufacturing, aluminum smelting, food processing, cement, small commercial ship building
Industrial production growth rate:
7.8% (2007 est.)
Electricity - production:
8.204 billion kWh (2006 est.)
Electricity - consumption:
6.76 billion kWh (2006 est.)
Electricity - exports:
755 million kWh (2006 est.)
Electricity - imports:
629 million kWh (2006 est.)
Electricity - production by source:
fossil fuel: 5% hydro: 95% nuclear: 0% other: 0% (2001)
Oil - production:
7,571 bbl/day (2007 est.)
Oil - consumption:
49,300 bbl/day (2006 est.)
Oil - exports:
5,709 bbl/day (2005)
Oil - imports:
45,520 bbl/day (2005)
Oil - proved reserves:
15 million bbl (1 January 2008 est.)
Natural gas - production:
0 cu m (2007 est.)
Natural gas - consumption:
0 cu m (2007 est.)
Natural gas - exports:
0 cu m (2007 est.)
Natural gas - imports:
0 cu m (2007 est.)
Natural gas - proved reserves:
22.65 billion cu m (1 January 2008 est.)
Current account balance:
-$1.549 billion (2007 est.)
Exports:
$4.162 billion f.o.b. (2007 est.)
Exports - commodities:
gold, cocoa, timber, tuna, bauxite, aluminum, manganese ore, diamonds, horticulture
Exports - partners:
Netherlands 11%, UK 9%, France 6.2%, US 5.9%, Germany 4.6%, Belgium 4.4% (2007)
Imports:
$8.053 billion f.o.b. (2007 est.)
Imports - commodities:
capital equipment, petroleum, foodstuffs
Imports - partners:
Nigeria 15.1%, China 14.9%, UK 5.2%, US 5.1% (2007)
Economic aid - recipient:
$1.316 billion in loans and grants (2007)
Reserves of foreign exchange and gold:
$2.204 billion (31 December 2007 est.)
Debt - external:
$4.891 billion (31 December 2007 est.)
Stock of direct foreign investment - at home:
$NA
Stock of direct foreign investment - abroad:
$NA
Market value of publicly traded shares:
$13.01 billion (2007)
Currency (code):
Ghana cedi (GHC)
Currency code:
GHC
Exchange rates:
cedis (GHC) per US dollar - 0.95 (2007), 9,174.8 (2006), 9,072.5 (2005), 9,004.6 (2004), 8,677.4 (2003) note: in 2007 Ghana revalued its currency with 10,000 old cedis equal to 1 new cedis
Communications
Ghana
Telephones - main lines in use:
376,500 (2007)
Telephones - mobile cellular:
7.604 million (2007)
Telephone system:
general assessment: outdated and unreliable fixed-line infrastructure heavily concentrated in Accra; competition among multiple mobile-cellular providers has spurred growth with subscribership about 35 per 100 persons and rising domestic: primarily microwave radio relay; wireless local loop has been installed international: country code - 233; landing point for the SAT-3/WASC fiber-optic submarine cable that provides connectivity to Europe and Asia; satellite earth stations - 4 Intelsat (Atlantic Ocean); microwave radio relay link to Panaftel system connects Ghana to its neighbors (2007)
Radio broadcast stations:
AM 0, FM 86, shortwave 3 (2007)
Radios:
12.5 million (2001)
Television broadcast stations:
7 (2007)
Televisions:
1.9 million (2001)
Internet country code:
.gh