Ghana

Ghana Economic Outlook

  • GDP growth for 2012 is estimated at 7.1%, driven by oil revenues, the services sector and the strong export performance of cocoa and gold. Ghana’s mediumterm growth outlook remains positive, thanks to large investments in the extractive industries, public infrastructure and commercial agriculture.
  • The successful inauguration of President John Mahama in January 2013, following the death of incumbent John Evans Atta Mills in July 2012, indicates further consolidation of democracy. The depth and maturity of the country’s democracy are being further tested by the New Patriotic Party case in the Supreme Court contesting the election results.

Contacts

Ghana field office

African Development Bank Group
No.1 Dr. Isert Road - 7th Avenue – Ridge
Accra, Ghana
Tel: (233) 302 66 28 18/(233) 302 66 28 35
Fax: (233) 302 66 28 55

Ms Akin-Olugbade, Marie-Laure, Resident Representative

Department West Africa Region

Mr. Franck Perrault, Director West Africa Region

African Development Bank Group
24ème  Etage, Immeuble  CCIA, Plateau
01 Boite Postale 1387 Abidjan 01
Côte d’Ivoire

Phone: (+225) 20 20 40 46





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Key Facts

Flag:
Capital: Accra
Area: 239,460 sq km
Total Population 2012: 25.5 Million
Urban Population 2012: 52.92%
Female Population 2012: 49.12%
GDP: US$ 37.5 Billion
GNI Per Capita 2012: US$ 1,410
Inflation Rate: 9.20%
Crude Birth Rate (per 1000): 30.59%
Human Development Index (rank / 187): 135
Human Development Index (scale 0 to 1): 0.558
Membership Date: 10/09/1964
Cumulative Approvals (1967-2012): UA 1.7 Billion

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