Compare Ghana (2007) - Ghana (2008)

Compare Ghana (2007) z Ghana (2008)

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	Ghana (2007)	Ghana (2008)

Agriculture - products	cocoa, rice, coffee, cassava (tapioca), peanuts, corn, shea nuts, bananas; timber	cocoa, rice, cassava (tapioca), peanuts, corn, shea nuts, bananas; timber
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 Ghana's third 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 John ATTA-MILLS in a free and fair election, succeeded him.	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. Ghana endured a long series of coups before Lt. Jerry RAWLINGS took power in 1981 and banned political parties. After approving a new constitution and restoring multiparty politics in 1992, RAWLINGS won presidential elections in 1992 and 1996, but was constitutionally prevented from running for a third term in 2000. John KUFUOR succeeded him and was re-elected in 2004. Kufuor is constitutionally barred from running for a third term in upcoming Presidential elections, which are scheduled for December 2008.
Budget	revenues: $3.457 billion expenditures: $4.323 billion (2006 est.)	revenues: $4.347 billion expenditures: $5.197 billion (2007 est.)
Debt - external	$3.319 billion (2006 est.)	$3.387 billion (31 December 2007 est.)
Diplomatic representation from the US	chief of mission: Ambassador Pamela E. BRIDGEWATER embassy: Ring Road East, Osu, Accra mailing address: P. O. Box 194, Accra telephone: [233] (21) 775-347, 775-348 FAX: [233] (21) 776-008	chief of mission: Ambassador Pamela E. BRIDGEWATER embassy: 24 4th Circular Rd. Cantonments, Accra mailing address: P. O. Box 194, Accra telephone: [233] (21) 741-000 FAX: [233] (21) 741-389
Economic aid - recipient	$1.12 billion (2005)	$1.316 billion in loans and grants (2007)
Economy - overview	Well endowed with natural resources, Ghana has roughly twice the per capita output of the poorest 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 37% 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, but was included in a G-8 debt relief program decided upon at the Gleneagles Summit in July 2005. Priorities under its current $38 million Poverty Reduction and Growth Facility (PRGF) include tighter monetary and fiscal policies, accelerated privatization, and improvement of social services. Receipts from the gold sector helped sustain GDP growth in 2006 along with record high prices for Ghana's largest cocoa crop to date. Ghana received a Millennium Challenge Corporation (MCC) grant in 2006, which aims to assist in transforming Ghana's agricultural export sector.	Well endowed with natural resources, Ghana has roughly twice the per capita output of the poorest countries in West Africa. Even so, Ghana remains heavily dependent on international financial and technical assistance. Gold and cocoa production, and individual remittances, are major sources of foreign exchange. The domestic economy continues to revolve around agriculture, which accounts for about 35% of GDP and employs about 55% of the work force, mainly small landholders. Ghana opted for debt relief under the Heavily Indebted Poor Country (HIPC) program in 2002, and is also benefiting from the Multilateral Debt Relief Initiative that took effect in 2006. Thematic priorities under its current Growth and Poverty Reduction Strategy, which also provides the framework for development partner assistance, are: macroeconomic stability; private sector competitiveness; human resource development; and good governance and civic responsibility. Sound macro-economic management along with high prices for gold and cocoa helped sustain GDP growth in 2007. Ghana signed a Millennium Challenge Corporation (MCC) Compact in 2006, which aims to assist in transforming Ghana's agricultural sector.
Electricity - consumption	5.849 billion kWh (2005)	6.906 billion kWh (2007 est.)
Electricity - exports	639 million kWh (2005)	256 million kWh (2007 est.)
Electricity - imports	815 million kWh (2005)	461 million kWh (2007 est.)
Electricity - production	6.648 billion kWh (2005)	7.042 billion kWh (2007 est.)
Exchange rates	cedis per US dollar - 9,174.8 (2006), 9,072.5 (2005), 9,004.6 (2004), 8,677.4 (2003), 7,932.7 (2002)	cedis per US dollar - 0.95 (2007), 9,174.8 (2006), 9,072.5 (2005), 9,004.6 (2004), 8,677.4 (2003)
Executive branch	chief of state: President John Agyekum KUFUOR (since 7 January 2001); Vice President Alhaji Aliu MAHAMA (since 7 January 2001); note - the president is both the chief of state and head of government head of government: President John Agyekum KUFUOR (since 7 January 2001); Vice President Alhaji Aliu MAHAMA (since 7 January 2001) cabinet: Council of Ministers; president nominates members subject to approval by Parliament elections: president and vice president elected on the same ticket by popular vote for four-year terms (eligible for a second term); election last held 7 December 2004 (next to be held in December 2008) election results: John Agyekum KUFUOR reelected president in election; percent of vote - John KUFUOR 53.4%, John ATTA-MILLS 43.7%	chief of state: President John Agyekum KUFUOR (since 7 January 2001); Vice President Alhaji Aliu MAHAMA (since 7 January 2001); note - the president is both the chief of state and head of government head of government: President John Agyekum KUFUOR (since 7 January 2001); Vice President Alhaji Aliu MAHAMA (since 7 January 2001) cabinet: Council of Ministers; president nominates members subject to approval by Parliament elections: president and vice president elected on the same ticket by popular vote for four-year terms (eligible for a second term); election last held 7 December 2004 (next to be held in December 2008) election results: John Agyekum KUFUOR reelected president in election; percent of vote - John KUFUOR 52.4%, John ATTA-MILLS 44.6%
Exports	NA bbl/day	8,041 bbl/day (2004)
Exports - commodities	gold, cocoa, timber, tuna, bauxite, aluminum, manganese ore, diamonds	gold, cocoa, timber, tuna, bauxite, aluminum, manganese ore, diamonds, horticulture
GDP - real growth rate	6% (2006 est.)	6.2% (2007 est.)
Imports	NA bbl/day	45,010 bbl/day (2004)
Industrial production growth rate	3.8% (2000 est.)	7.4% (2007 est.)
Inflation rate (consumer prices)	10.9% (2006 est.)	11% (2007 est.)
International organization participation	ACP, AfDB, AU, C, ECOWAS, FAO, G-24, G-77, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, MIGA, MINURSO, MONUC, NAM, OAS (observer), OIF, ONUB, OPCW, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNIFIL, UNITAR, UNMEE, UNMIL, UNOCI, UNWTO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO	ACP, AfDB, AU, C, ECOWAS, FAO, G-24, G-77, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, MIGA, MINURSO, MONUC, NAM, OAS (observer), OIF, OPCW, UN, UNAMID, UNCTAD, UNESCO, UNHCR, UNIDO, UNIFIL, UNITAR, UNMEE, UNMIL, UNOCI, UNOMIG, UNWTO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO
Labor force	11.07 million (2006 est.)	11.29 million (2007 est.)
Labor force - by occupation	agriculture: 60% industry: 15% services: 25% (1999 est.)	agriculture: 56% industry: 15% services: 29% (2005 est.)
Pipelines	oil 13 km; refined products 316 km (2006)	oil 13 km; refined products 316 km (2007)
Political parties and leaders	Convention People's Party or CPP [Dr. Edmund DELLE]; Democratic Freedom Party or DFP [Alhaji Abudu Rahman ISSAKAH]; Every Ghanaian Living Everywhere or EGLE [Danny OFORI-ATTA]; Great Consolidated Popular Party or GCPP [Dan LARTY]; National Democratic Congress or NDC [Dr. Kwabena ADJEI]; New Patriotic Party or NPP [Peter MAC-MANU]; People's National Convention or PNC [Alhaji Amed RHAMADAN]; Reform Party [Kyeretwie OPUKU]; United Renaissance Party or URP [Charles Wayo]	Convention People's Party or CPP [Ladi NYLANDER]; Democratic Freedom Party or DFP [Alhaji Abudu Rahman ISSAKAH]; Every Ghanaian Living Everywhere or EGLE; Great Consolidated Popular Party or GCPP [Dan LARTEY]; National Democratic Congress or NDC [Dr. Kwabena ADJEI]; New Patriotic Party or NPP [Peter MAC-MANU]; People's National Convention or PNC [Alhaji Amed RAMADAN]; Reform Party [Kyeretwie OPUKU]; United Renaissance Party or URP [Charles WAYO]
Population below poverty line	31.4% (1992 est.)	28.5% (2007 est.)
Radio broadcast stations	AM 0, FM 49, shortwave 3 (2001)	AM 0, FM 86, shortwave 3 (2007)
Telephone system	general assessment: fixed-line infrastructure outdated and unreliable; competition among multiple mobile-cellular providers has spurred growth with subscribership approaching 25 per 100 persons domestic: primarily microwave radio relay; wireless local loop has been installed international: country code - 233; landing point for the SAT-3/WASC fiber-optic submarine cable that provides connectivity to Europe and Asia; satellite earth stations - 4 Intelsat (Atlantic Ocean); microwave radio relay link to Panaftel system connects Ghana to its neighbors	general assessment: fixed-line infrastructure outdated and unreliable; competition among multiple mobile-cellular providers has spurred growth with subscribership about 25 per 100 persons and rising domestic: primarily microwave radio relay; wireless local loop has been installed international: country code - 233; landing point for the SAT-3/WASC fiber-optic submarine cable that provides connectivity to Europe and Asia; satellite earth stations - 4 Intelsat (Atlantic Ocean); microwave radio relay link to Panaftel system connects Ghana to its neighbors
Television broadcast stations	10 (2001)	7 (2007)
Unemployment rate	20% (1997 est.)	11% (2000 est.)

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