General Information on Ghana’s demography as quoted from the Ghana Fact Book (CIA):

Population:
21,029,853

Median age:
20,45 years

Population growth rate:
1,25% (2005 est.)

Birthrate:
23,97 births/ 1000 population ( 2005 est.)

Death rate:
10,84 death/ 1000 population (2005 est.)

Capital:
Accra

Administrative divisions:
10 regions (Ashanti, Brong Ahafo, Western, Eastern, Greater Accra, Northern, Upper East, Upper West, Central, Volta.)

Independence:
March 6 1957 (from UK)

Economic overview:
Well endowed with natural resources Ghana has roughly twice the per capita output of the poorer countries in West Africa. Even so, Ghana remains heavily dependent on international financial and technical assistance. Gold, timber, and cocoa production are major sources of foreign exchange. The domestic economy continues to revolve around subsistence agriculture, which accounts for 34% of the GDP and employs 60% of the work force, mainly small landholders. Ghana opted for debt relief under the Heavily Indebted Poor Country (HIPC) program in 2002. priorities include tighter monetary and fiscal policies, accelerated privatization, and improvement of social services. Receipts from the gold sector helped sustain GDP in 2004. Inflation should ease, but remains a major internal problem.

GDP:
Purchasing power parity - $ 48.27 billion (2004 est.)

GDP real growth rate:
5.4 % (2004 est.)

GDP per capita:
Purchasing power parity $ 2300 (2004 est.)

GDP- composition by sector:
Agriculture: 34,3%, Industry 24,2%, Services: 41,4%.

Labor force:
10,24 million (2004 est.)

Labor force by occupation:
agriculture 60%, industry 15% services 25% (1999 est.)

Unemployment Rate:
20%  (1997 est.)

Population below poverty line:
31,4% (1992 est.)

Inflation rate consumer prices:
13% (2004 est.)

Budget Revenue:
$ 2,17 billion, expenditure: $2,56 billion, incl. cap. Exp. Of NA (2004)

Agriculture:
cocoa, rice, coffee, cassava, peanuts, corn, sheanuts, bananas, timber.

Industries:
mining, lumbering, light manufacturing, aluminum smelting, food processing, cement, small commercial ship building.

Exchange Rates:
Cedi per US dollar: 9,004,6(2004), 8,677,4 (2003), 7,932,7 (2002), 7,170,8 (2001) 5,455,1 (2000)
 
 
 
 
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