Appendix IV. Baseline Line Data For Monitoring Policy Reforms

Indicator

Units

1995

1996

1997(e)

GDP

Million US$

6,342

6,891

GDP per capita

US$

356

365

GDP Growth Rate

%

4.5

5.2

5.1

Total Exports

US$ mil.

1,431

1,571

1,481

Total Imports

US$ mil.

1,688

1,937

1,753

Balance of Payments

US$ mil.

 257

 366

 272

Traditional Exports (cocoa)

US$ mil

389

509

440

Forestry (timber exports)

US$ mil.

191

141

130

Nontraditional Exports (total)

US$ mil

156.7

276.2

Nontraditional Exports (crops)

US$ mil

28

50

Agricultural Production: Change

%

4.2

4.0

Agricultural Proportion of GDP

%

41.5

40.6

Agricultural Proportion of Foreign Exch.

%

442.5

46.3

Agricultural Contribution to Tax Revenue

%

13.8

16.1

Agricultural Share of Budget Expends.

%

1.63

1.44

Industrial Share of GDP

%

14.5

14.2

Industrial Growth Rate

%

3.3

4.2

Service share of GDP

%

46.9

40.6

Service Sector's Growth Rate

%

4.9

6.3

Tourism

Unemployment

%

22

20

Wages, Minimum Wage

cedis

1,200

1,700

2,000

Sources: Various, but mostly from: Agricultural Situation: Ghana (Attache Query Detail, FAS,

USDA, Sept. 1997)

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