Budgets in AfricaCountry profiles

Ghana

CABRI member since: 2009
Region: West Africa
Currency: Ghanaian Cedi (GHS)
Population: 27.1 million
Capital: Accra
Finance minister: Seth Terkper
Ministry website: www.mofep.gov.gh
Fiscal year: January - December
Regional Economic Community: ECOWAS

Key economic indicators
2011 2012 2013 2014 2015
GDP (current GHS[billions]) 59.82 75.32 93.42 113.34 133.82
GDP (%) 27.49 30.04 32.24 33.52 34.69
GDP growth (%) 14.05 9.29 7.31 3.99 3.49
GDP per capita (current GHS) 1,130.9 1,205.2 1,261.09 1,278.68 1,290.3
GDP per capita (%) 2,461.14 3,021.61 3,654.38 4,323.43 4,977.1
Inflation (CPI) (%) 7.68 7.07 11.67 15.49 17.15
General government revenue (% of GDP) 19.13 18.5 16.73 18.42 19.34
General government expenditure (% of GDP) 26.46 29.81 29.2 30.78 24.37
Budget balance (% of GDP) -7.33 -11.31 -12.47 -12.37 -5.04
Primary balance (% of GDP) -4.64 -7.78 -7.76 -6.12 1.75
General government debt (% of GDP) 42.61 49.08 56.24 69.04 73.32