Ghana country

Helping Indian companies do business with Africa

	INDIA : India’s Trade with the African Region notched US$ 38.96 Billion in the year 2009-10 (DGCI&S provisional figures) constituting 8.37% share in India’s total trade. Trade with the region has grown at a CAGR of 18.10% from US$ 4.48 Billion in 1996-97.	AFRICA : 54 Countries, 1 billion people, US$ 1.01 Billion of trade. Imports worth US$ 468 billion include Mineral Fuels, Oils, Machinery, Vehicles including Boats, Ships, Aircrafts, Electronics & Electricals, Iron & Steel & Articles thereof, Cereals, Plastics, Pharmaceuticals, etc. Top 20 product groups imported by select African countries ............. [More].

Ghana

Country's Overview

Infrastructure Development

Human Resource Development

Pharmaceutical Sector

Services

Resources

Agricultural and Industrial Activities

International Trade

Foreign Direct Investment

Trade Agreements

Benchmarks

GEOGRAPHY

Ghana is located in Western Africa bordering the Gulf of Guinea, between Cote d'Ivoire and Togo. Area of 0.238 Million Sq Km and a coastline of 539 Km. Accra is the capital city while other prominent cities are Kumassi, Tema, Tamale.

Climate:Tropical, warm and comparatively dry along southeast coast, hot and humid in southwest, hot and dry in north.

Political Structure: Constitutional Democracy

The previous election was in 2009 when National Democratic Congress was brought into power

Source : Wikipedia .

POPULATION

23.83 Million (July 2009)

Ethnic group:Akan 45.3%, Mole-Dagbon 15.2%, Ewe 11.7%, Ga-Dangme 7.3%, Guan 4%, Gurma 3.6%, Grusi 2.6%, Mande-Busanga 1%, other tribes 1.4%, other 7.8% (2000 census)

Religion: 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% (2000 census).

Language: 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)) (2000 census).

GDP (PPP)

$ 34.2 Billion (est.2008)

Real growth rate is 7.3.The CAGR of GDP for 3 years (2006 – 2008) is 6.5%.The GDP growth rates for year 2006 and 2007 are 6.3% and 5.7% respectively.

Source: CIA, Wikipedia

TRADE(EXPORT & IMPORT)

Values in USD Billion
Ghana	Year 2004	Year 2005	Year 2006	Year 2007	Year 2008	Growth 2007-2008	CAGR over 5yrs
Imports	4.07	4.88	5.33	7.28	9.06	24.45	22.11
Exports	1.78	3.06	3.61	3.53	4.03	14.12	22.70
Total Trade	5.85	7.94	8.94	10.81	13.09	21.07	22.29
Total Trade as a % GDP	-	-	29.67	33.93	38.28	12.83	13.58

SOURCE: UN DATABASE

Major ports

Tema

SECTOR BREAKUP

Agriculture is 37.3%, Industry is 25.3 % and Services is 37.5%.

ECONOMY SNAPSHOTS

Revenue	USD 5.25 Billion	Expenditure	USD 7.49 Billion
Investments as a part of	GDP is 32.1%	Inflation	16.5%
Public debt as a part of	GDP is 62.3%

54 AFRICAN COUNTRIES