Ghana | Economic Indicators

Markets Last Previous Average Unit Reference Frequency
Stock Market 2272.40 2387.20 1414.88 Index Point 2014-04-21 Daily [+]
Currency 2.78 2.69 1.58 2014-04-22 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.


US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.
Bank of Thailand Leaves Interest Rate Unchanged  
At its April 23rd, 2014 meeting, the Monetary Policy Committee left the benchmark interest rate on hold at 2.0 percent. Policymakers expect 2014 growth to be lower than previous assessed due to prolonged political unrest.
South Africa Inflation Rate Back to 6%  
South African annual consumer prices accelerated for the fourth straight month in March of 2014 to a six-month high 6 percent. On a monthly basis, prices advanced 1.3 percent, the fastest pace in five years.
Singapore Inflation Rate Edges Up in March  
Annual consumer prices rose 1.2 percent in March of 2014, up from a 0.4 percent increase in February, mainly due to a smaller fall in car prices. Contributions from all other major categories, except accommodation, were also slightly higher.
Australia Inflation Rate Accelerates Further in Q1  
Australian annual consumer prices advanced 2.9 percent in the first three months of 2014, up from 2.7 percent in the previous quarter, but below market forecasts. The rise was driven by seasonal increases in cost of healthcare, transport and school fees, and by a large hike in tobacco duties.
Mexico Unemployment Rate Up to 4.8% in March  
Mexican unadjusted jobless rate rose to 4.8 percent in March of 2014, up from 4.65 percent in February and 4.51 percent a year earlier. Upon seasonal adjustment, the unemployment rate rose to its highest in more than one year to 5.25 percent.
Hong Kong Unemployment Rate Unchanged in March  
Hong Kong’ seasonally adjusted jobless rate remained steady at 3.1 percent for the third consecutive period in January to March of 2014, down from 3.5 percent a year earlier.
Hong Kong Inflation Rate Unchanged in March  
Hong Kong annual consumer prices rose 3.9 percent in March of 2014, the same rate recorded in February. In the first quarter of 2014, the inflation rate rose by 4.2 percent over a year earlier. The corresponding increase after netting out the effects of all Government's one-off relief measures was 3.8 percent.
China Cuts Reserve Ratio for Rural Banks  
The People's Bank of China decided to cut the reserve requirement ratio by 2 percentage points for rural commercial banks and by 0.5 percentage point for rural credit cooperatives, aiming to stimulate growth in some parts of the country. The cut will be effective from April 25th, 2014.

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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. 4/23/2014