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

3.62/134

Country Map

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gE Network

There are 65 members in the
gE Network for this country.

Ghana : Introduction

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 reelected in 2004. John Atta Mills took over as head of state in early 2009.

Ghana: Bank of Ghana

The Central Bank of Ghana was established "to pursue sound monetary and financial policies aimed at price stability so as to create an enabling macro-economic environment for the promotion of sustainable growth." Periodic financial reports, research papers, statistics are available online.

Ghana: Ghana Investment Promotion Center

Created with the goal of attracting foreign investment to Ghana, this web site provides a wealth of information on the country and its investment climate. Sections on the site include an investment guide, information on taxes and tax exemptions, free trade zones, and company rankings.

Ghana: Ghanaweb

On Ghanaweb one can find a wealth of information on Ghana, such as current news, the composition of the government, economic and business practices and statistics, demographic information and more.

Sources:
CIA World Factbook (September 2009)
U.S. Dept. of State Country Background Notes (March 2009)