Economic Trivia

The services sector accounts for 50% of GDP.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2016): China, India, and Switzerland
Top 3 Exported Goods (2016): Precious Stones & Metals, Cocoa, and Oil & Mineral Fuels

Top Industries Source: CIA World Factbook

Mining; Lumbering; Light Manufacturing; Aluminum Smelting

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $121,107,641,525 (2016)
GDP Growth Rate (annual %) 3.577% (2016)
GDP Per Capita, PPP (current international) $4,294 (2016)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 80/194 (2016)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 17.474% (2016)
External debt stocks, total (DOD, current US$) $21,396,063,000 (2016)
Total tax rate (% of commercial profits) 33.2% (2017)
Real Interest Rate (5 year average %) -5.862% (1988)
Manufacturing, value added (% of GDP) 5.631% (2016)
Current Account Balance (BoP, current US$) ($2,809,291,858) (2015)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 13,686,776 (2017)
Employment in Agriculture (% of total employment) 44.7% (2013)
Employment in Industry (% of total employment) 14.4% (2013)
Employment in Services (% of total employment) 40.9% (2013)
Unemployment Rate 5.87% (2017)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $20,432,494,131 (2016)
Exports of goods and services (current US$) $17,391,706,552 (2016)
Total Merchandise Trade (% of GDP) 57.708% (2016)
FDI, net inflows (BoP, current US$) $3,485,300,000 (2016)
Commercial Service Exports (current US$) $6,013,912,424 (2015)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Ghana’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Sources

  1. The World Bank