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According to data from the Ghana Statistical Service, more than 1.3 million people aged between 15 and 35 were unemployed as of September last year. ... In December 2022, Ghana’s inflation rate ...
Price level indexes (PLIs), with the world average set at 100, are calculated by dividing the purchasing power parities (PPPs), where 1 PPP equals 1 US dollar in the US, by the market exchange rates, also equated to 1 US dollar. These ratios are then adjusted to align with the global average, which is standardized at 100.
World map by inflation rate (consumer prices), 2023, according to World Bank This is the list of countries by inflation rate. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. Inflation rate is defined as the annual percent change in consumer prices compared with the previous year's consumer prices. Inflation is a positive value ...
The GSS is a Public Service body established under the Statistical Service Law 135 in 1985 by the PNDC. The first population census in Ghana began in 1891 as efforts were made to collect and disseminate statistical information.
In August 2022, accelerating inflation and continued economic mismanagement has caused the cedi's value to drop to 10 U.S. cents (GH₵10 = US$1). [10] As of September 2022, the annual inflation rate of 37.2% as reported by the Ghana Statistical Service was the highest since 2001. [11]
The transfer rate is 1 Ghana Cedi for every 10,000 Cedis. Ghana became the largest gold-producing country in Africa after overtaking South Africa in 2019. [29] The country is also the second-largest cocoa producer (after Ivory Coast). [30] Ghana is rich in diamonds, manganese or manganese ore, bauxite, and oil. Most of its debt was cancelled in ...
After the changes in statistics, the service sector became the largest sector of Ghana's economy with a share of 51%. Agriculture , which was initially the dominant sector, accounted for 30.2% after the economic rebasing whiles the industrial sector lagged behind with a share of 18.6%. [ 3 ]
This is a list of countries by real GDP per capita growth rate. These numbers are corrected for inflation but not for purchasing power parity. [2] This list is not to be confused with gross national income per capita growth [3] or the real GDP growth.