Ghana | Economic Indicators

Markets Last Previous Average Unit Reference Frequency
Stock Market 2311.42 2387.20 1409.91 Index Point 2014-04-14 Daily [+]
Currency 2.75 2.69 1.57 2014-04-15 Daily [+]
GDP Last Previous Average Unit Reference Frequency
GDP 40.71 39.20 7.80 USD Billion 2012-12-31 Yearly [+]
GDP Constant Prices 7430.70 7393.70 73450.13 GHS Million 2013-08-15 Quarterly [+]
GDP Growth Rate 2.70 -4.40 2.09 Percent 2013-12-31 Quarterly [+]
GDP Annual Growth Rate 4.90 4.90 7.72 Percent 2013-12-31 Quarterly [+]
GDP per capita 724.54 686.19 428.94 USD 2012-12-31 Yearly [+]
GDP per capita PPP 1764.86 1671.46 1082.86 USD 2012-12-31 Yearly [+]
Labour Last Previous Average Unit Reference Frequency
Population 25.37 24.82 14.12 Million 2012-12-31 Yearly [+]
Job Vacancies 1577.00 1842.00 2394.81 2013-05-15 Quarterly [+]
Unemployment Rate 12.90 11.20 12.05 Percent 2005-12-31 Yearly [+]
Prices Last Previous Average Unit Reference Frequency
Consumer Price Index (CPI) 123.70 122.60 53.99 Index Points 2014-03-15 Monthly [+]
Inflation Rate 14.50 14.00 17.18 Percent 2014-03-31 Monthly [+]
Producer Prices 375.00 364.60 233.13 Index Points 2014-02-15 Monthly [+]
Money Last Previous Average Unit Reference Frequency
Foreign Exchange Reserves 5187.78 5232.03 2556.20 USD Million 2013-12-31 Monthly [+]
Interest Rate 18.00 18.00 16.56 Percent 2014-04-02 Monthly [+]
Trade Last Previous Average Unit Reference Frequency
Current Account to GDP -12.30 -12.10 -4.24 Percent 2013-12-31 Yearly [+]
Balance of Trade 1132.00 -1386.30 -618.23 USD Million 2013-11-15 Quarterly [+]
Current Account -2313.90 -1539.90 -568.51 USD Million 2013-09-30 Quarterly [+]
Capital Flows 1825.59 1545.34 726.77 USD Million 2013-08-15 Quarterly [+]
Exports 3396.70 2931.70 1746.46 USD Million 2013-11-15 Quarterly [+]
Imports 4308.90 4469.10 2396.31 USD Million 2013-08-15 Quarterly [+]
Government Last Previous Average Unit Reference Frequency
Government Debt To GDP 44.90 43.40 61.78 Percent 2012-12-31 Yearly [+]
Government Budget -10.20 -11.80 -8.39 Percent of GDP 2013-12-31 Yearly [+]
Credit Rating 32.50 Monthly [+]
Taxes Last Previous Average Unit Reference Frequency
Corporate Tax Rate 25.00 25.00 26.25 percent 2013-01-01 Yearly [+]
Personal Income Tax Rate 25.00 25.00 25.00 percent 2013-01-01 Yearly [+]
Sales Tax Rate 15.00 15.00 Percent 2014-01-01 Yearly [+]


Ghana’s Economy Advances 2.7% QoQ in Q4  
Ghana GDP growth accelerated to a quarter-on-quarter seasonally adjusted 2.7 percent in the last three months of 2013. Figures for the previous quarter were revised to show a 4.4 percent contraction, down from a 0.5 percent expansion initially reported.
Ghana GDP Expands 4.9% YoY in Q4  
Ghana's economy advanced 4.9 percent year-on-year in the fourth quarter of 2013. It is the slowest expansion since the third quarter of 2010. Considering the full year, the GDP expanded 7.1 percent.
Ghana Inflation Rate Rises to 4-Year High  
Ghana annual inflation rate increased even further to 14.5 percent in March of 2014. Consumer prices accelerated for the seventh consecutive month, recording the highest inflation rate since February of 2010.
Ghana Inflation Rate at 14% in February  
Ghanaian consumer prices kept its upward trend and rose 14 percent in February of 2014, up from 13.8 percent in January. The inflation rose for the sixth straight month, driven by higher fuel prices, mainly kerosene and transport and dairy costs.
Ghana Inflation Rate Up to 4-Year High  
In January of 2014, Ghana’s annual inflation rate accelerated to 13.8 percent from 13.5 percent in the last month of 2014. It is the highest growth rate since February of 2010.
Lower Gold Production Hurts Ghana GDP  
Ghanaian economy slowed sharply in the third quarter of 2013 and rose a meager 0.5 percent over the previous quarter, down from a 3.9 percent expansion in the previous three-month period. A sharp fall in global gold prices prompted some mines to cut production.
Ghana Q3 2013 GDP Disappoints  
In the third quarter of 2013, Ghana’s GDP growth slowed sharply to 0.3 percent year-on-year from 6.1 percent in the previous quarter, hurt by lower gold and oil production.
Ghana Inflation Rate Edges Up to 13.5% in December  
In December of 2013, Ghana annual inflation rate accelerated for the fourth straight month to 13.5 percent from 13.2 percent recorded in November. It is the highest rate in almost four years, mainly due to higher prices of water supply, electricity, transport, kerosene and gas.
Ghana Inflation Rate Slightly Up to 13.2% in November  
In November of 2013, Ghana’s inflation rate rose marginally to 13.2 percent, from 13.1 percent in October, driven by higher housing, water, electricity, gas, fuel and transport prices.
Ghana Inflation Rate Accelerates to 13.1% in October  
In October of 2013, Ghana’s annual inflation rate rose to a fresh three-year high of 13.1 percent, from 11.9 percent in September. The rise is mainly due to higher cost of non-food items like housing, gas, water, fuels, transport and clothing.


Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Angolan Inflation Rate Down To 7.32% in March  
The annual consumer prices in Angola decelerated for the second consecutive month to 7.32 percent in March of 2014, from 7.48 percent recorded in February of 2014.
Russia GDP Growth Slows Sharply in Q1  
Russian economy advanced an annual 0.8 percent in the first quarter of 2014, well below the 2 percent expansion recorded in the previous three-month period, Russia's Economy Minister Alexei Ulyukayev said addressing the parliament.
Bank of Canada Leaves Rates at 1%  
At its April 16th, 2014 meeting, Bank of Canada decided to leave the overnight lending at 1 percent, as the Bank continues to see a gradual strengthening in the fundamental drivers of growth and inflation.
US Industrial Production Slows in March  
Industrial production increased 0.7 percent in March after having advanced 1.2 percent in February. Yet, manufacturing output rose for the second straight month.
US Housing Starts Rise Below Forecasts  
Privately-owned housing starts in March were at a seasonally adjusted annual rate of 946,000. This is 2.8 percent above the revised February estimate of 920,000, but down 5.9 percent year-on-year.
China’s Economy Expands 1.4% QoQ in Q1  
In the first three months of 2014, the Chinese GDP slowed for the third straight quarter. The economy expanded 1.4 percent quarter-on-quarter, down from a revised 1.7 percent increase in the last three months of 2013.
Malaysian Inflation Rate Unchanged in March  
Malaysian annual inflation remained steady at 3.5 percent in March of 2014, after accelerating in the previous six months. A slowdown in transport prices was enough to offset higher food, housing and gas prices.
Italian Trade Surplus Widens in February  
The trade surplus increased to EUR 2.6 billion in February of 2014, from a revised EUR 0.36 billion in the previous month, as exports increased at a faster pace than imports. Compared with a year earlier, the trade surplus more than doubled from EUR 1.05 billion.

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This page includes a list of indicators for Ghana. Ghana | Economic Indicators - provides data from several countries including actual values, consensus figures, forecasts, historical time series and news. 4/17/2014