lders. Public
sector wage increases, regional peacekeeping commitments, and the
containment of internal unrest in the underdeveloped north have
placed substantial demands on the government's budget and have led
to inflationary deficit financing, depreciation of the cedi, and
rising public discontent with Ghana's austerity program.

GDP: purchasing power parity - $25.1 billion (1995 est.)

GDP real growth rate: 5% (1995 est.)

GDP per capita: $1,400 (1995 est.)

GDP composition by sector:
agriculture: 47%
industry: 16%
services: 37% (1994 est.)

Inflation rate (consumer prices): 69% (1995 est.)

Labor force: 3.7 million
by occupation: agriculture and fishing 54.7%, industry 18.7%, sales
and clerical 15.2%, professional 3.7%, services, transportation, and
communications 7.7%

Unemployment rate: 10% (1993 est.)

Budget:
revenues: $1.05 billion
expenditures: $1.2 billion, including capital expenditures of $178
million (1993)

Industries: mining, lumbering, light manufacturing, aluminum, food
processing

Industrial production growth rate: 2.8% (1994 est.)

Electricity:
capacity: 1,180,000 kW
production: 6.1 billion kWh
consumption per capita: 323 kWh (1993)

Agriculture: cocoa, rice, coffee, cassava (tapioca), peanuts,
corn, shea nuts, bananas; timber

Illicit drugs: illicit producer of cannabis for the international
drug trade; transit hub for Southwest and Southeast Asian heroin
destined for Europe and the US

Exports: $1 billion (f.o.b., 1993 est.)
commodities: cocoa 40%, gold, timber, tuna, bauxite, aluminum,
manganese ore, and diamonds
partners: Germany , US , UK , Netherlands , Japan (1995)

Imports: $1.7 billion (f.o.b., 1993 est.)
commodities: petroleum, consumer goods, foods, intermediate goods,
capital equipment
partners: UK, US, Germany, Japan, Netherlands (1995)

External debt: $4.6 billion (December 1993 est.)

Economic aid:
recipient: ODA, $472 million (1993)

Currency: 1 new cedi (C) = 100 pesewas

Exchange rates: new cedis per US$1 - 1,246.11 (September 1995),
956.71 (1994), 649.06 (1993), 437.09 (1992), 367.83 (1991)

Fiscal year: calendar year

Transportation
--------------

Railways:
total: 953 km; note - undergoing major renovation (1995 est.)
narrow gauge: 953 km 1.067-m gauge; 32 km double track

Highways:
total: 38,145 km
paved: 7,476 km (including 21 km of expressways)
unpaved: 30,669