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What is Ghana GDP?

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Anonymous

15y ago
Updated: 8/18/2019

100,000

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15y ago

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What was the GDP of Ghana from 2003 to 2008?

The GDP of Ghana from 2003 to 2008 was 31.13billion.


What is the GDP of Ghana in 2008?

Ghana's GDP in 2008 was 28.53 billion in U.S. dollars.


Which country is richer Ghana or Kenya?

According to GDP, Ghana is.


Ghana's most recent GDP total and per capita?

Information about Ghana GDP (purchasing power parity): $31.13 billion (2007 est.) GDP-per capita (PP) $1


What is the GDP of Ghana?

about 300,000,000 which is more than usaul for an african country


What is GDP of Ghana?

about 300,000,000 which is more than usaul for an african country


How much money does Ghana have?

Ghana's total debt at the end of June 2009 was USD$7,798.3 million. That is 53.6% of GDP. GDP is gross domestic product, a basic measure of an economy's economic performance by production of goods and services.


Has Ghana got a low GDP?

Yes. It's higher than much of Africa but remains that of a developing country.


Why is Nigeria one ahead of Ghana?

Because it is. Nigeria is a very rich country (well in most parts anyway) Nigeria GDP is growing more than Ghana. Nigeria has the highest GDP in West Africa. Nigeria is one of the highest growing economy in the world. A statement about Nigeria Nigeria's GDP is by far the largest in West Africa, and the second largest in Africa. Nigeria has the largest defence budget in West Africa, and the 3th largest in Africa. Nigeria is also a regional power. Nigeria is classified as an emerging market, and is rapidly approaching middle income status. Ghana on the other hand is still classified as a third world country. Ghana also depend on foreign aid. Ghana have better democracy than Nigeria and less corruption. Other than that, Ghana economy haven't done much. In 2002, Ghana economy was better than Nigeria but in 2008, Nigeria economy surpassed Ghana in a high percentage (Now Ghana economy is below Nigeria again). And Nigeria distributes oil all over the world.


How do you calculate nominal GDP at market price?

Nominal GDP is GDP evaluated at current market prices. Therefore , nominal GDP wil include of the changes in market prices that have occurred during the current year due to inflation or deflation. Nominal GDP= GDP deflator.real GDP/100 Real GDP is GDP evaluate at the market price of some base year. GDP deflator --- Using the statistics on real GDP and nominal GDP, one can calculate an implecit index of the price level for the year. This index is called GDP deflator. GDP deflator = nominal GDP/real GDP .100 The GDP deflator can be viewed as a conversion factor that transform real GDP into nominal GDP. Note that in the base year, real GDP is by definition equal to nominal GDP so that the GDP deflator in the base year equal to 100.


What is the top ten poorest countries in Southeast Asia GDP?

TOP ELEVEN COUNTRIES IN SOUTH EAST ASIA BY GDP(GROSS DOMESTIC PRODUCT ) East Timor (GDP 499 ) Laos (GDP 5,260 ) Cambodia (GDP 11,182 ) Myanmar (GDP 27,182 ) Vietnam (GDP 89,829 ) Philippine (GDP 168,580 ) Hong kong (GDP 215,559 ) Malaysia (GDP 222,219 ) Thailand (GDP 273,248) Taiwan (GDP 392,552 ) Indonesia (GDP 511,765)


How do you calculate deflation rate?

Real GDP is the GDP during your chosen base year, and nominal GDP is the GDP of the year on which you are focusing. The GDP deflator from 1990 to now (2013) is: GDP (2013)/ GDP (1990) * 100%