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Compare Ghana (2004) - Ghana (2005)

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 Ghana (2004)Ghana (2005)
 GhanaGhana
Age structure 0-14 years: 38% (male 3,988,800; female 3,904,989)


15-64 years: 58.3% (male 6,030,151; female 6,071,725)


65 years and over: 3.7% (male 359,042; female 402,325) (2004 est.)
0-14 years: 37.1% (male 3,946,326/female 3,862,390)


15-64 years: 59.1% (male 6,203,035/female 6,235,107)


65 years and over: 3.7% (male 366,472/female 416,523) (2005 est.)
Airports 12 (2003 est.) 12 (2004 est.)
Background Formed from the merger of the British colony of the Gold Coast and the Togoland trust territory, Ghana in 1957 became the first sub-Saharan country in colonial Africa to gain its independence. A long series of coups resulted in the suspension of the constitution in 1981 and the banning of political parties. A new constitution, restoring multiparty politics, was approved in 1992. Lt. Jerry RAWLINGS, head of state since 1981, won presidential elections in 1992 and 1996, but was constitutionally prevented from running for a third term in 2000. He was succeeded by John KUFUOR, who defeated former Vice President Atta MILLS in a free and fair election. Formed from the merger of the British colony of the Gold Coast and the Togoland trust territory, Ghana in 1957 became the first sub-Saharan country in colonial Africa to gain its independence. A long series of coups resulted in the suspension of the constitution in 1981 and a ban on political parties. A new constitution, restoring multiparty politics, was approved in 1992. Lt. Jerry RAWLINGS, head of state since 1981, won presidential elections in 1992 and 1996, but was constitutionally prevented from running for a third term in 2000. John KUFUOR, who defeated former Vice President Atta MILLS in a free and fair election, succeeded him.
Birth rate 24.9 births/1,000 population (2004 est.) 23.97 births/1,000 population (2005 est.)
Budget revenues: $1.943 billion


expenditures: $2.192 billion, including capital expenditures of NA (2003 est.)
revenues: $2.17 billion


expenditures: $2.56 billion, including capital expenditures of NA (2004 est.)
Currency cedi (GHC) -
Death rate 10.67 deaths/1,000 population (2004 est.) 10.84 deaths/1,000 population (2005 est.)
Debt - external $7.398 billion (2003 est.) $7.396 billion (2004 est.)
Disputes - international Ghana must still deal with refugees and returning nationals escaping rebel fighting in Cote d'Ivoire Ghana struggles to accommodate returning nationals who worked in the cocoa plantations and escaped rebel fighting in Cote d'Ivoire
Economy - 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 35% of 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. Policy priorities include tighter monetary and fiscal policies, accelerated privatization, and improvement of social services. Receipts from the gold sector should help sustain GDP growth in 2004. Inflation should ease, but remain a major internal problem. 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 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 growth in 2004. Inflation should ease, but remain a major internal problem.
Electricity - consumption 8.835 billion kWh (2001) 6.137 billion kWh (2002)
Electricity - exports 300 million kWh (2001) 500 million kWh (2002)
Electricity - imports 950 million kWh (2001) 200 million kWh (2002)
Electricity - production 8.801 billion kWh (2001) 6.922 billion kWh (2002)
Exchange rates cedis per US dollar - NA (2003), 7,932.7 (2002), 7,170.76 (2001), 5,455.06 (2000), 2,669.3 (1999) cedis per US dollar - 9,004.6 (2004), 8,677.4 (2003), 7,932.7 (2002), 7,170.8 (2001), 5,455.1 (2000)
Exports NA (2001) NA
Exports - partners Netherlands 11.2%, UK 10.7%, France 7.7%, Germany 6.2%, Japan 5.2%, Italy 4.6%, Turkey 4.4%, US 4.3% (2003) Mexico 69.8%, Netherlands 3.7%, UK 3% (2004)
GDP purchasing power parity - $44.44 billion (2003 est.) -
GDP - composition by sector agriculture: 35.4%


industry: 25.4%


services: 39.2% (2003 est.)
agriculture: 34.3%


industry: 24.2%


services: 41.4% (2004 est.)
GDP - per capita purchasing power parity - $2,200 (2003 est.) purchasing power parity - $2,300 (2004 est.)
GDP - real growth rate 4.7% (2003 est.) 5.4% (2004 est.)
Highways total: 39,409 km


paved: 11,665 km


unpaved: 27,744 km (1999 est.)
total: 46,176 km


paved: 8,496 km


unpaved: 37,679 km (1999 est.)
Illicit drugs illicit producer of cannabis for the international drug trade; major transit hub for Southwest and Southeast Asian heroin and, to a lesser extent, South American cocaine destined for Europe and the US; widespread crime and corruption have made money laundering a problem, but the lack of a well-developed financial infrastructure limits the country's utility as a money-laundering center illicit producer of cannabis for the international drug trade; major transit hub for Southwest and Southeast Asian heroin and, to a lesser extent, South American cocaine destined for Europe and the US; widespread crime and money laundering problem, but the lack of a well-developed financial infrastructure limits the country's utility as a money-laundering center
Imports NA (2001) NA
Imports - partners Nigeria 13.2%, China 9.3%, UK 7.2%, US 6.1%, Germany 4.8%, France 4.5%, South Africa 4% (2003) Nigeria 12.6%, China 11.4%, UK 6.6%, US 6.4%, France 4.9%, Netherlands 4.2% (2004)
Industries mining, lumbering, light manufacturing, aluminum smelting, food processing mining, lumbering, light manufacturing, aluminum smelting, food processing, cement, small commercial ship building
Infant mortality rate total: 52.22 deaths/1,000 live births


male: 55.1 deaths/1,000 live births


female: 49.25 deaths/1,000 live births (2004 est.)
total: 51.43 deaths/1,000 live births


male: 54.25 deaths/1,000 live births


female: 48.53 deaths/1,000 live births (2005 est.)
Inflation rate (consumer prices) 26.7% (2003 est.) 13% (2004 est.)
Labor force 10 million (2003 est.) 10.24 million (2004 est.)
Life expectancy at birth total population: 56.27 years


male: 55.36 years


female: 57.22 years (2004 est.)
total population: 58.47 years


male: 57.7 years


female: 59.26 years (2005 est.)
Merchant marine total: 8 ships (1,000 GRT or over) 19,086 GRT/26,185 DWT


by type: petroleum tanker 3, refrigerated cargo 5


foreign-owned: Brazil 1, Saint Vincent and the Grenadines 1, Spain 1 (2004 est.)
total: 4 ships (1,000 GRT or over) 19,086 GRT/26,185 DWT


by type: petroleum tanker 1, refrigerated cargo 3


foreign-owned: 1 (Brazil 1) (2005)
Military expenditures - dollar figure $44 million (2003) $49.2 million (2004)
Military expenditures - percent of GDP 0.6% (2003) 0.6% (2004)
Military manpower - availability males age 15-49: 5,391,378 (2004 est.) -
Military manpower - fit for military service males age 15-49: 2,994,600 (2004 est.) -
Military manpower - reaching military age annually males: 244,809 (2004 est.) -
Natural resources gold, timber, industrial diamonds, bauxite, manganese, fish, rubber, hydropower gold, timber, industrial diamonds, bauxite, manganese, fish, rubber, hydropower, petroleum, silver, salt, limestone
Net migration rate -0.64 migrant(s)/1,000 population (2004 est.) -0.59 migrant(s)/1,000 population (2005 est.)
People - note there are 9,500 Liberians, 2,000 Sierra Leoneans, and 1,000 Togolese refugees residing in Ghana (2002) -
Population 20,757,032


note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality and death rates, lower population and growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2004 est.)
21,029,853


note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality and death rates, lower population and growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2005 est.)
Population growth rate 1.36% (2004 est.) 1.25% (2005 est.)
Railways total: 953 km


narrow gauge: 953 km 1.067-m gauge (2003)
total: 953 km


narrow gauge: 953 km 1.067-m gauge (2004)
Sex ratio at birth: 1.03 male(s)/female


under 15 years: 1.02 male(s)/female


15-64 years: 0.99 male(s)/female


65 years and over: 0.89 male(s)/female


total population: 1 male(s)/female (2004 est.)
at birth: 1.03 male(s)/female


under 15 years: 1.02 male(s)/female


15-64 years: 1 male(s)/female


65 years and over: 0.88 male(s)/female


total population: 1 male(s)/female (2005 est.)
Total fertility rate 3.17 children born/woman (2004 est.) 3.02 children born/woman (2005 est.)
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