Prepared by Luisa Zanforlin.
In Côte d’Ivoire, for example, its closest neighbor, the share of agriculture in value added is close to half that in Ghana, while manufacturing represents a much larger share of output.
The drought also highlighted some structural problems with the tariff-setting system of public utilities: in spite of the increases in January 1998, electricity in Ghana was among the cheapest in the region, and the Volta River Authority, the region’s main producer, was accumulating losses. However, since 1998, the government has been implementing an extended program of tariff increases to bring prices more in line with regional averages and to restore economic viability to the electricity company.
Comparable cross-country statistics are compiled in the World Bank’s Global Finance Indicators database and calculated with respect to GNP.
Total exports to Europe account for about 60 percent of total exports.
See Chapter II on nontraditional exports.
World Bank and IMF data; in constant 1975 cedis.
A long series for agricultural production was not available; thus this study used cereal production in metric tons as an index for agricultural production (Figure 5). The simple correlation between cereal production and agricultural production was about 70 percent in the period 1980–94.
Issues available were 1971–72, 1981–82, 1985–92, 1997.