Budgets in AfricaCountry profiles

Ghana

CABRI member since: 2009
Region: West Africa
Currency: Ghanaian Cedi (GHS)
Population: 27.6 million
Capital: Accra
Ministry website: www.mofep.gov.gh
Fiscal year: January - December
Regional Economic Community: ECOWAS

Key economic indicators
2012 2013 2014 2015 2016
GDP (constant 2006 GHS[billions]) 30.04 32.24 33.52 34.84 36.24
GDP (current GHS[billions]) 75.32 93.42 113.34 138.75 169.22
GDP growth (%) 9.29 7.31 3.99 3.92 4.04
GDP per capita (constant 2006 GHS) 1,205.2 1,261.09 1,278.68 1,295.63 1,314.39
GDP per capita (current GHS) 3,021.61 3,654.38 4,323.43 5,160.56 6,136.91
Inflation (CPI) (%) 7.07 11.67 15.49 17.15 17.46
General government revenue (% of GDP) 18.5 16.73 18.42 19.33 17.06
General government expenditure (% of GDP) 29.79 28.74 29.35 24.63 25.36
Budget balance (% of GDP) -11.29 -12 -10.94 -5.3 -8.31
Primary balance (% of GDP) -7.76 -7.3 -4.69 1.24 -1.94
General government debt (% of GDP) 47.94 57.21 70.16 71.5 72.42