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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 Budget Indicators Over Time
2013 2014 2015 2016 2017
GDP (constant 2006 GHS[billions]) 123.65 127.23 130 134.49 145.44
GDP (current GHS[billions]) 123.65 155.43 180.4 215.08 256.67
GDP growth (%) 7.93 2.9 2.18 3.45 8.14
GDP per capita (constant 2006 GHS) 4,669.74 4,696.3 4,692.04 4,748.21 5,025.57
GDP per capita (current GHS) 4,669.74 5,737.19 6,510.87 7,593.56 8,869.19
Inflation (CPI) (%) 11.67 15.49 17.15 17.46 12.37
General government revenue (% of GDP) 12.64 13.43 14.87 13.42 13.94
General government expenditure (% of GDP) 21.71 21.41 18.95 20.31 18
Budget balance (% of GDP) -9.07 -7.98 -4.08 -6.89 -4.06
Primary balance (% of GDP) -5.51 -3.42 0.95 -1.53 1.23
General government debt (% of GDP) 43.22 51.16 54.83 57.12 57.27

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