Introduction: Ghana Download PDF

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. Kufuor was constitutionally barred from running for a third term in the recent Presidential elections, which occured on December 7 2008.

Capital City: Accra (GMT)  
Chief of State: President John Agyekum Kufuor  
Head of Govt.: President John Agyekum Kufuor  
Currency: Cedi  
Main Cities: Kumasi, Tema, Sekondi-Takoradi  
Major Languages: Asante 14.8%, Ewe 12.7%, Fante 9.9%, Boron (Brong) 4.6%, Dagomba 4.3%, Dangme 4.3%, Dagarte (Dagaba) 3.7%, Akyem 3.4%, Ga 3.4%, Akuapem 2.9%, other 36.1% (includes English (official))  
Calling Code: 233  
Voltage: 230  
Primary Religions: Christian 68.8% (Pentecostal/Charismatic 24.1%, Protestant 18.6%, Catholic 15.1%, other 11%), Muslim 15.9%, traditional 8.5%, other 0.7%, none 6.1%  

Main Airports

Accra (ACC) (Kotoka)

U.S. Embassy

Ring Road East, near Danquah Circle, Accra
tel. 233-21-775347/8/9

Key Facts

GDP (ppp) per CAPITA
$1,500 (2008 est.)
Inflation Rate
16.5% (2008 est.)
Population
23,832,495 (July 2009 est.)
Country Risk Ratings
C
Ease of Doing Business
87/181
Global Competitiveness
102/134

Statistics

Labor force:
10.12 million (2008 est.)
Exports:
$5.245 billion (2008 est.)
Exports - partners:
Netherlands 15.3%, UK 9.1%, France 6.5%, US 5.8% (2008)
Imports:
$10.24 billion (2008 est.)
Imports - partners:
China 15.9%, Nigeria 15.8%, US 5.9%, France 4.7%, UK 4.7% (2008)
Major Industries:
mining, lumbering, light manufacturing, aluminum smelting, food processing, cement, small commercial ship building

Rankings

Corruption Perceptions Index
3.3 out of 180
 
The Corruptions Perception Index (CPI) is reported annually by Transparency International, an international civil society organization. The CPI ranks countries in terms of the degree to which corruption exists in the misuse of public power for private benefit among public officials and politicians. CPI is a composite index determined by expert assessments and opinion surveys. The highest ranked country is the country with the least amount of perceived corruption. Index units, 10=least corrupt, 0=most corrupt.

Data collected in 2006

Source: Transparency International

E-readiness Rankings
-
 
The E-readiness Ranking is reported yearly by the Economist Intelligence Unit, a research and advisory firm. The E-readiness Ranking evaluates the technological, economic, political and social assets of countries to assess the information and communications technology infrastructure, and the infrastructures benefits on the country's consumers, businesses and governments. The higher ranked countries have a better ability to leverage digital channels for communication, commerce, and government in order to further development.

Data collected in 2007

Source: EIU

Freedom of the Press
28 out of 191
 
The Freedom of the Press Survey is an annual report by The Freedom House, an organization that promotes and researches advocacy of freedom across countries. The Press Survey assesses the degree of print, broadcast, and internet freedom in every country in the world. Ratings are determined by examining three broad categories: the legal environment in which media operate (0-30 points), political influences on reporting and access to information (0-40 points), and economic pressures on content and the dissemination of news (0-30 points). The highest ranked country has the greatest degree of press freedom. Index units, 1-30: Free, 31-60: Partly Free, 61-100: Not Free.

Data collected in 2006

Source: Freedom House

Global Services Location Index
27 out of 198
 
The Global Services Location Index is published annually by A.T. Kearney, a global management consulting firm. The Global Services Location Index measures the viability of countries as a potential offshore destination for services, based on their financial attractiveness (0-4 points), people and skills availability (0-3 points), and business environment (0-3 points). The highest ranked country is the most attractive as a potential offshoring destination. Index units, 0=location does not provide offshore support, 10=location does provide offshore support.

Data collected in 2007

Source: A.T. Kearney

Index of Economic Freedom
94 out of 155
 
The Index of Economic Freedom is reported annually by the Heritage Foundation, a research and educational institute. The Index of Economic Freedom analyzes a wide range of issues including trade barriers, corruption, government expenditures, property rights, and tax rates to generate an overall ranking of economic freedom. The highest ranked country is the country with the least number of restrictions and constraints on businesses.

Data collected in 2008

Source: Heritage Foundation

Inward FDI Potential Index
113 out of 140
 
The Inward FDI Potential Index is reported every three years by the United Nations Conference on Trade and Development, an organization that promotes the integration of developing countries into the world economy. The Inward FDI Potential Index uses several economic factors that are expected to affect an economy’s attractiveness to foreign investors. The higher ranked countries are more attractive to investors. Index units, 0=low scoring country, 1=high scoring country.

Data collected in 2006

Source: United Nations Conference on Trade and Development 2006

Tax Misery & Reform Index
-
 
The Forbes Tax Misery Index is annually compiled by Forbes, an American publishing and media company. The Tax Misery Index reflects the sum of corporate income, personal income and wealth taxes plus employer social security, employee social security and VAT/sales taxes at the highest marginal rate in each locale. The highest ranked countries impose the harshest taxes while those at the bottom are the most tax friendly.

Data collected in 2007

Source: Forbes

The Globalization Index
33 out of 198
 
The Globalization Index is compiled annually by A.T. Kearney and Foreign Policy. The Globalization Index ranks the major developed and developing countries in the world by analyzing key components of global integration, such as economic, personal, technological, and political integration. The highest ranked country is the most globalized.

Data collected in 2007

Source: Foreign Policy