september-2018

48 / BUSINESS / Country at a glance
BUSINESS /49
Sources: nationsonline.org / cia.gov
Sources: nationsonline.org / cia.gov
Source: cia.gov
Source: cia.gov
Passport
Official name Republic of of Ghana
Population
27.5 million (2017 est.)
GDP
US$45.46 million (2017 est.)
Capital
Accra
Other cities
Kumasi, Tema, Sekondi-Takoradi
Currency
Cedi (GHS)
Local time
UTC +0 +0 hh
1,000 km km
Neighbouring
countries
Burkina Faso, Côte d’Ivoire, Togo
Languages English (official) Asante 16%, Ewe 14%, Fante 11.6%,
Boron (Brong) 4.9%, Dagomba 4.4%, Dangme 4.2%,
Dagarte (Dagaba) 3.9%, Kokomba 3.5%, Akyem 3.2%,
Ga Ga 3.1%, other 31.2%
Flight info
Kenya Airways operates a a daily flight to to
Kotoka International Airport, Accra
GDP - by - by sector of of origin
Agriculture
00
57.2% 24.5%
Services
66
55
44
33
22
11
3.8%
3.5%
18.3%
5.9%
’15 ’15
’16 ’16 ’17 ’17
GDP growth per per capita
compared to to the the previous
year in in Ghana
At a glance
Republic of Ghana
Have a closer look at the potential of the Republic of
Ghana. The most relevant FACTS AND FIGURES,
touristic attractions and social trends of today.
text Eline Visscher infographics Chantal van Wessel/Vizualism
Industry
Business & economy
Agriculture
accounts for for about 20 20 percent
of of Ghana’s GDP and
employs more than half of of
the the working population,
which is is mainly
small landholders.
Ghana’s economy
is is market based. Compared
to to other countries in in West
Africa, there are few policy
barriers to to trade and
investment.
Over the past
25 25 years, relatively sound
management, a a competitive
business environment
and sustained reductions
in in poverty strengthened
the economy.
New oil oil and gas
production prospects and
tighter fiscal management
are expected to to help
Ghana’s economy from
2018 onwards.
The major export products
of of Ghana are gold, oil oil
and cocoa.
Source: cia.gov
Source: cia.gov
Sources: justfunfacts.com / factsking.com Sources: www.cia.gov / wits.worldbank.org
Sources: justfunfacts.com / factsking.com Sources: www.cia.gov / wits.worldbank.org
Top five export and import partners
(2016) in in percentages
44
8.9%
China
33
55
5.2%
13.4%
22
Vietnam
UAE
14.7%
India
Other
Export
partners
Diesel-powered
trucks: 0.20
55
Other printed
matter: 0.19
44
Cement
clinkers: 0.24 33
Broken rice: 0.24
22
Automobiles: 0.56
11
11
17.6%
Switzerland
Top five product imports (2016)
x x US$ 11 million
Ghana
Trivia
Until 1957, Ghana was
called “the Gold Coast”
because of of the
gold that was
found here in in
the 15th
century by by the
Portuguese.
Ghana means
“warrior king”
in in the Soninke
language.
Other
In In Ghana, you will often see people
Import
sitting on on the top
11
partners
of of a a truck
17.3%
while it’s it’s
China
moving.
11
55
Gold:
4.6%
4.34
22
India
44
9.7%
33
5.1%
UK UK
7.7% Belgium
Exports products
US US
x x US$ 11 million
22
On On 66 March
Cocoa beans:
Coniferous
1957, Ghana was
1.89
wood:
the first nation in in
0.32
Sub-Saharan
Africa to to become
33
Petroleum oils: 1.08
independent
44
of of European
55
colonisation.
Cashew nuts: 0.99
Touristic highlights
Cape Coast Castle
Built by by European traders as as one of of the approx.
40 40 large commercial forts, Cape Coast Castle was
used to to hold slaves before they were loaded onto
Diana
ships and sold in in the Americas.
monkey
Mole National Park
is is the country’s
largest wildlife park,
with buffaloes,
elephants, hippos and
many other animals.
Located in in northwest Ghana.
Wli Waterfalls
Forest
With a a height of of 80 80 m, m,
Wli is Kakum National Park
elephant
Wli Waterfalls is the
highest waterfall in in West
The best-preserved
Africa. Hundreds of of bats
region of of virgin rain-
can be be seen flying in in the
Buffalo
forest in in the country,
sky or or clinging to to
some notable endangered
adjacent cliffs.
animal species here are:
Diana monkeys, giant
bongo antelopes and
forest elephants.
Hippo
Lake Volta
is is the world’s largest man-made lake by by surface area
(8,502 sq sq km) and the fourth largest by by water volume. The Akosombo
Bongo antelope
Dam forms the lake and provides much of of Ghana’s electricity.
Sources: factsking.com / justfunfacts.com
Sources: factsking.com / justfunfacts.com