Ghana | Country Data

 

GHANA: EXTRACTIVE DATA SNAPSHOT

  Oil Gas Gold Diamonds Aluminum
Proven Reserves 0.8-1.8 Bbbl 22.65 bcm 34.5 billon tons N/A N/A
Production 78,000 bbl/day 0 2,970,080 oz 904,089 carats/yr 814,608 tons/yr
Revenue 2.3 $ billion 0 2.6 $ billion 26.4 $ million N/A
% Total Exports 20 N/A 41 N/A N/A
% Total Government Revenue 6 N/A 1.6 N/A
Consumption 60,000 bbl/day 0 N/A N/A N/A
Net Exports (Production minus Consumption) -18,000 bbl/day 0 2,970,080 oz N/A N/A
Source: CIA, EIA (2012), EITI reports, USGS, Ghana Chamber of Mines and RWI calculations

 

GHANA: EXTRACTIVE INDUSTRIES COMPANIES

  State-owned Major Private Multi-national
Oil and Gas Ghana National Petroleum Corporation (GNPC), Ghana National Gas Corporation (GNGC) Tullow Oil (UK/IRL), Kosmos (US), Anadarko (US), Sabre Oil (US), Vanco Energy (US), LukOil (RUS), Afren4 (UK), (Amerada) Hess (US), GASOP (subsidiary of Nigerian OMEL), Lushann-Eternit (US)
Mining Ghana Minerals Commision Anglogold Ashanti, Goldfields, Ghana Star Resources, Chirano Gold Ghana Mines, Newmont Gold, Ghana Bauxite Company, Ghana Manganese Company
Source: GNPC, EITI, USGS, company websites

 

GHANA: KEY ECONOMIC AND GOVERNANCE INDICATORS

GDP ($ billion)(IMF) 31.3
GDP per capita ($)(IMF) 1,283
Population (millions)(World Bank) 25
Life Expectancy at Birth (years)(UNDP) 64.2
% Population Living on < $1.25/day(UNDP) 30
United Nations Human Development Value
(UNDP)
0.541
Gini Index Value
(UNDP)
42.8
Annual Population Growth Rate (%)
(UNDP)
1.9
TI Corruption Perceptions Index(out of 179 countries) 69
Key World Bank Governance Indicators(percentile, 0 to 100)* World Bank Governance Matters 2010
Voice and Accountability 63
Government Effectiveness 55.5
Regulatory Quality 54.1
Rule of Law 54
Control of Corruption 60.3
Political Stability 47.6
External Debt (% GDP)
(IMF)
27.2
Energy Depletion (% GNI)(World Bank) 0.0
Mineral Depletion (% GNI)
(World Bank)
4.8
* Percentile rank indicates the percentage of countries worldwide that rank below Ghana. Higher values indicate better governance.