Inflation rate (consumer prices):
13% (2004 est.)
Investment (gross fixed):
19.7% of GDP (2004 est.)
Budget:
revenues: $2.17 billion
expenditures: $2.56 billion, including capital expenditures of NA
(2004 est.)
Agriculture - products:
cocoa, rice, coffee, cassava (tapioca), peanuts, corn, shea nuts,
bananas; timber
Industries:
mining, lumbering, light manufacturing, aluminum smelting, food
processing, cement, small commercial ship building
Industrial production growth rate:
3.8% (2000 est.)
Electricity - production:
6.922 billion kWh (2002)
Electricity - production by source: fossil fuel: 5% hydro: 95% nuclear: 0% other: 0% (2001)
Electricity - consumption:
6.137 billion kWh (2002)
Electricity - exports:
500 million kWh (2002)
Electricity - imports:
200 million kWh (2002)
Oil - production:
7,000 bbl/day (2001 est.)
Oil - consumption:
38,000 bbl/day (2001 est.)
Oil - exports:
NA
Oil - imports:
NA
Oil - proved reserves:
8.255 million bbl (1 January 2002)
Natural gas - proved reserves:
11.89 billion cu m (1 January 2002)
Current account balance:
$83.87 million (2004 est.)
Exports:
$3.01 billion f.o.b. (2004 est.)
Exports - commodities:
gold, cocoa, timber, tuna, bauxite, aluminum, manganese ore,
diamonds
Exports - partners:
Mexico 69.8%, Netherlands 3.7%, UK 3% (2004)
Imports:
$3.699 billion f.o.b. (2004 est.)
Imports - commodities:
capital equipment, petroleum, foodstuffs
Imports - partners:
Nigeria 12.6%, China 11.4%, UK 6.6%, US 6.4%, France 4.9%,
Netherlands 4.2% (2004)
Reserves of foreign exchange and gold:
$1.267 billion (2004 est.)
Debt - external:
$7.396 billion (2004 est.)
Economic aid - recipient:
$6.9 billion (1999)
Currency (code):
cedi (GHC)
Currency code:
GHC
Exchange rates:
cedis per US dollar - 9,004.6 (2004), 8,677.4 (2003), 7,932.7
(2002), 7,170.8 (2001), 5,455.1 (2000)
Fiscal year:
calendar year
Communications Ghana
Telephones - main lines in use:
302,300 (2003)
Telephones - mobile cellular:
799,900 (2003)
Telephone system:
general assessment: poor to fair system; Internet accessible; many
rural communities not yet connected; expansion of services is
underway
domestic: primarily microwave radio relay; wireless local loop has
been installed
international: country code - 233; satellite earth stations - 4
Intelsat (Atlantic Ocean); microwave radio relay link to Panaftel
system connects Ghana to its neighbors; fiber optic submarine cable
(SAT-3/WASC) provides connectivity to Europe and Asia
Radio broadcast stations:
AM 0, FM 49, shortwave 3 (2001)
Radios:
12.5 million (2001)
Television broadcast stations:
10 (2001)
Televisions:
1.9 million (2001)
Internet country code:
.gh
Internet hosts:
407 (2004)
Internet Service Providers (ISPs):
12 (2000)
Internet users:
170,000 (2002)
Transportation Ghana
Railways: total: 953 km narrow gauge: 953 km 1.067-m gauge (2004)
Highways: total: 46,176 km paved: 8,496 km unpaved: 37,679 km (1999 est.)
Waterways:
