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Ghana

CABRI member since: 2009
Region: West Africa
Currency: Ghanaian Cedi (GHS)
Population: 27.6 million
Capital: Accra
Ministry website: www.mofep.gov.gh
Fiscal year: January - December
Regional Economic Community: ECOWAS
Key Budget Indicators Over Time
2014 2015 2016 2017 2018
GDP (constant 2006 GHS[billions]) 127.23 130 134.49 145.44 154.55
GDP (current GHS[billions]) 155.43 180.4 215.08 256.67 300.6
GDP growth (%) 2.9 2.18 3.45 8.14 6.26
GDP per capita (constant 2006 GHS) 4,696.31 4,692.04 4,748.19 5,025.56 5,229.25
GDP per capita (current GHS) 5,737.21 6,510.87 7,593.56 8,869.18 10,170.9
Inflation (CPI) (%) 15.49 17.15 17.46 12.37 9.84
General government revenue (% of GDP) 13.43 14.87 13.42 13.94 14.48
General government expenditure (% of GDP) 21.41 18.95 20.31 18 21.45
Budget balance (% of GDP) -7.98 -4.08 -6.89 -4.06 -6.97
Primary balance (% of GDP) -3.42 0.95 -1.53 1.23 -1.39
General government debt (% of GDP) 51.16 54.83 57.12 58.31 59.13
Population (millions) 27.09 27.71 28.32 28.94 29.56

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