OF GH
ST 95
.1
A
AN
BAN
STATISTICAL BULLETIN
BANK OF GHANA
STATISTICAL BULLETIN
September 2015
STATISTICAL BULLETIN
page 1
STATISTICAL BULLETIN
pagepage
1 1
TABLE OF CONTENTS
Selected Economic Indicators 5
Charts 6
Statistical Tables: 11
Monetary Indicators
1.
Monetary Survey 11
2.
Assets of the Bank of Ghana 12
3.
Liabilities of the Bank of Ghana 13
4.
Assets of Deposit Money Banks 14
5.
Liabilities of Deposit Money Banks 15
6.
Sectoral Distribution of Outstanding Credit by Deposit Money Banks
16
7.
Reserve Requirements of Deposit Money Banks 17
8.
Bank Clearing and Debits 18
9.
Consolidated Assets and Liabilities of Rural/Community Banks
19
Interest Rates
10.
Interest Rates Ranges 20
11.
Money Market & DMBs Rates 21
Government Fiscal Operations
12.
Central Government Budget (Revenue) 22
13.
Central Government Budget (Expenditure) 23
14.
Central Government Fiscal Position (Financing) 24
15.
Fiscal Position Narrow Coverage 25
16.
Outstanding Stock of Selected Financial Assets 26
17.
Holders and Structure of Domestic Debt 27
External Sector Indicators
18.
International Reserves of Bank of Ghana 28
19.
Balance of Payments 29
20.
Merchandise Trade Flows 30
21.
Crude Oil and Petroleum Products Imports 31
22.
Ghana: Value, Volume and Unit Price of Exports
32
23.
Commodity Prices 33
24.
Ghana: Direction of Trade 34
25.
Foreign Exchange Rates (Interbank & Forex Bureaux Markets)
35
26.
Ghana: Public & Publicly Guaranteed External Debt
36
Real Sector Indicators
27.
Ghana: Retail Prices of Major Petroleum Products
37
28.
National Consumer Price Index and Inflation Rates
38
29.
Gross Domestic Product at 2006 Constant Prices
39
30.
Gross Domestic Product at Current Prices 40
2014
2015*
-
10.92
36.78
31.90
27.19
28.24
36.18
40.65
46.91
10.85
15.90
1,005.92
Export 1,224.58
956.83
2.8
1,011.45
3.9
5,679.20
24.95
33.56
35.37
47.50
10.55
16.50
987.48
4.0
5,833.18
26.12
33.93
46.89
47.12
13.26
16.90
1,079.80
4.1
5,896.15
29.56
34.44
47.47
48.40
13.41
17.00
1,087.35
3.8
5,461.01
33.05
36.77
30.20
42.59
13.77
17.00
1,049.16
3.3
4,910.72
30.99
32.72
28.25
35.35
14.69
16.40
972.69
3.1
4,674.47
29.01
33.04
25.58
36.52
14.70
16.50
16.80
16.90
867.75
3.3
4,965.40
25.53
31.40
24.03
36.39
15.60
1,009.76
3.2
4,834.92
26.49
33.11
23.08
33.16
15.99
831.16
2.9
4,521.05
24.30
33.16
21.28
30.20
16.16
16.60
862.62
2.9
4,539.70
23.74
35.50
22.43
33.26
16.03
17.10
461.32
2.73
13.94
5.10
16.10
3.05
57.01
9.80
21.00
3.05
60.90
* = provisional
** = Quarterly Series
n.a = Data not available
1,288.39
0.06
1.95
31.37
0.13
3.93
35.14
843.83 -3,304.76
0.27
8.52
31.74
196.31
0.18
5.09
36.55
0.22
6.81
33.40
981.56 1,484.72
0.21
6.38
36.48
548.06
0.55
15.45
34.87
468.44
0.16
4.78
35.74
-590.54
0.27
9.17
35.70
21.85
n.a
n.a
0.13
5.15
16.00
3.05
58.70
1,194.68
1,959.90
n.a
n.a
-158.49
5.70
16.40
3.05
49.72
1,186.56
2,004.00
574.30
-548.40
-217.18
3.95
8.30
19.90
3.39
62.36
1,233.41
1,973.00
n.a
n.a
-127.85
7.10
18.90
3.39
79.40
1,254.23
1,961.00
n.a
n.a
-121.26
n.a
6.30
17.90
3.29
88.07
1,205.28
1,946.77
645.36
-820.68
-152.53
n.a
6.46
17.89
3.36
98.56
1,178.97
1,885.20
n.a
n.a
-108.86
30.85
11.74
23.02
3.36
103.48
1,227.21
1,980.43
n.a
n.a
-410.51
13.31
24.20
3.36
108.21
1,237.68
2,026.59
420.92
-864.34
-167.73
Stock 11,876.42 11,927.76 11,885.36 12,678.62 12,974.60 12,948.51 12,968.19 13,451.17 13,785.16 13,772.95
24.60
111.97
1,311.62 1,295.54
1,932.09 2,017.62
n.a
n.a
-203.64
n.a
n.a
-88.09
59.63
-897.92
Trade Balance
7.00
17.70
3.47
63.75
1,182.90
2,130.00
600.00
-422.55
-184.65
1.70
11.30
36.50
134.77 1,249.21
n.a
n.a
n.a
n.a 13,552.65
5.80
16.20
3.33
65.62
1,202.31
2,060.90
n.a
n.a
-233.21
Import 1,164.95 1,094.01 1,160.47 1,179.18 1,397.99 1,188.66 1,239.89 1,170.42 1,100.54 1,084.93 1,168.25 1,064.37 1,047.26
2.9
4,324.85 4,188.04
29.59
35.18
39.40
49.31
10.09
15.30
3.0
45.83
15.00
Headline Inflation(%)
Indicators Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
S
ELECTED ECONOMIC INDICATORS
STATISTICAL BULLETIN
STATISTICAL BULLETIN
CHARTS
INFLATION
Headline inflation rose from 16.6 per cent at the end of March 2015 to 17.1 per cent at the end of June
2015. The rise in the headline inflation rate in the second quarter of 2015 mainly reflected increase in
non-food inflation. The non-food inflation increased by 0.5 percentage points to 23.6 per cent in June
2015 from 23.1 per cent in March 2015. Food inflation increased by 0.2 percentage points from 7.2 per
cent in March 2015 to 7.4 per cent in June 2015. The sub-components that contributed significantly
to the rise in non-food inflation during the review quarter were education, furnishing, recreation &
culture and clothing & footwear.
30.0
Food and Non-food Inflation rates: (% ) Mar 2015 & Jun 2015
25.0
20.00
Per cenrt
Per cent
20.0
15.0
10.0
5.0
15.00
10.00
5.00
0.0
0.00
Composite
Percent
Combined
18.0
17.5
17.0
16.5
16.0
15.5
15.0
14.5
14.0
13.5
13.0
12.5
12.0
11.5
11.0
10.5
10.0
9.5
9.0
8.5
8.0
7.5
7.0
Food
Food
Non-Food
Mar-15
Non-Food
Jun-15
Communications
13.8
Education
22.9
16.3
24.6
19.2
20.1
20.1
Health
24.8
26.2
25.5
25.8
Transport
23.5
23.1
20.9
22.4
Core Inflation
Headline Inflation
Jun-15
23.3
19.8
18.4
10
15
Mar-15
20
24.3
25
30
STATISTICAL BULLETIN
MONETARY DEVELOPMENTS
Annual growth rate of broad money supply including foreign currency deposits (M2+) moderated on
year-to-date basis during the second quarter of 2015. M2+ grew by 34.9 per cent at the end of June 2015
from a growth rate of 36.8 per cent at the end of December 2014 but exceeded the 31.9 per cent and
31.4 per cent growth rates recorded as at end-June 2014 and end-March 2015 respectively. The growth
in M2+ was mainly driven by 52.9 per cent rise in Net Foreign Assets (NFA) and a 33.4 per cent growth
in Net Domestic Assets (NDA) of the banking system during the review quarter. At the end of June
2015, M2+ totalled GH41,466.5 million (31.2% of GDP).
45,000.0
50
40,000.0
40
35,000.0
GH' Millions
30,000.0
25,000.0
20,000.0
15,000.0
30
20
10
10,000.0
16,000.0
14,000.0
14,000.0
12,000.0
12,000.0
10,000.0
GH'Millions
GH' Millions
10,000.0
8,000.0
6,000.0
8,000.0
6,000.0
4,000.0
4,000.0
2,000.0
2,000.0
Demand Deposits
Reserves of Banks
Jun-15
Apr-15
May-15
Mar-15
Jan-15
Feb-15
Dec-14
Oct-14
Nov-14
Sep-14
Jul-14
Aug-14
Jun-14
Apr-14
May-14
Mar-14
Jan-14
Feb-14
Dec-13
Oct-13
Nov-13
Sep-13
Jul-13
Aug-13
Jun-13
5,000.0
STATISTICAL BULLETIN
30.0
25.0
25.0
20.0
20.0
15.0
Percent
Percent
30.0
10.0
15.0
10.0
5.0
5.0
0.0
Policy Rate
30,000.0
35.0
1-Year
DMBs Rates
30.0
25,000.0
25.0
Percent
GH' Million
20,000.0
15,000.0
10,000.0
20.0
15.0
10.0
5,000.0
5.0
0.0
Public
Private
Govt.(Net)
STATISTICAL BULLETIN
FISCAL DEVELOPMENTS
Fiscal developments in the second quarter of 2015 resulted in an overall deficit (including divestiture
proceeds and discrepancy) of GH1,453.04 million (1.1% of GDP) compared with the target of
GH2,314.91 million (1.7% of GDP) and a deficit of GH2,514.61 million (2.2% of GDP) recorded
in the preceding quarter. Total revenue and grants recorded in the review quarter amounted to
GH7,552.58 million (5.7% of GDP) compared with a target of GH7,174.7 milllion (5.4% of GDP)
and the outturn of GH7,422.6 milllion (5.6% of GDP) recorded in the first quarter of 2015. Total
expenditure and net lending during the period April to June 2015 amounted to GH9,076.4 million
(6.8% of GDP) compared with a target of GH8,686.5 milllion (6.5% of GDP) and the outturn
of GH8,461.6 milllion (6.4% of GDP) recorded in the first quarter of 2015. The deficit together
with a net outflow of GH48.6 milllion and repayment of GH852.01 milllion to other domestic
creditors was financed from domestic sources to the tune of GH1,348.0 million and a drawdown
of GH205.7 milllion from the Stabilisation Fund.
The stock of domestic debt at the end of June 2015 was GH36,542.7 million, equivalent to 27.4 per
cent of GDP.
12,000.0
10,000.0
1.5
8,000.0
1.0
0.5
4,000.0
0.0
2,000.0
0.0
-0.5
-2,000.0
-1.0
-4,000.0
8.00
33.00
7.00
31.00
6.00
29.00
5.00
27.00
4.00
25.00
2015 Q2
2015 Q1
2014 Q4
2014 Q3
2014 Q2
2014 Q1
2013 Q4
2013 Q3
2013 Q2
2013 Q1
2012 Q4
2012 Q3
2015Q2
Q4
2015Q1
Q3
Q2
Q4
Q2
2014 Q1
2012 Q1
Q3
Q4
Q3
2013 Q1
Q2
Q4
2012 Q1
Q3
Q2
Q4
2011 Q1
Q3
Q2
Q4
2010 Q1
Q3
Q2
Q4
2009 Q1
Q3
2008 Q2
-2.0
2012 Q2
-1.5
-6,000.0
23.00
3.00
21.00
2.00
19.00
1.00
17.00
Compensation of employees/GDP
Q2
2015Q1
Q4
Q3
Q2
2014Q1
Q4
Q3
Q2
Q4
2013Q1
Q3
Q2
Q4
2012Q1
Q3
Q2
2011Q1
Q4
Q3
15.00
Q2
Q2
2015Q1
Q4
Q3
Q2
2014Q1
Q4
Q3
Q2
2013Q1
Q4
Q3
Q2
2012Q1
2010Q1
GH' Million
6,000.0
STATISTICAL BULLETIN
10
8.0000
International Reserves
7,000.0
5,000.0
6.0000
4,000.0
5.0000
Ghana Cedis
US$ Millions
7.0000
6,000.0
3,000.0
2,000.0
4.0000
3.0000
1,000.0
2.0000
1.0000
Net Reserves
US Dollar
Pound Sterling
EURO
41.0
5,000.0
36.0
4,000.0
Per cent
2,000.0
1,000.0
31.0
26.0
0.0
-1,000.0
21.0
Q2
Q2
Q4
2015Q1
Q3
Q2
Q4
2014Q1
Q3
Q2
Q4
2013Q1
Q3
Q2
2012Q1
Q3
Q4
Q2
2011Q1
Q3
Q4
Q2
Q4
Trade Balance
2015Q1
Q3
Q2
Q4
2014Q1
Q3
Q2
Q4
2013Q1
Q3
Q2
Q3
Q4
2012Q1
Merchandise Imports
16.0
2010Q1
Merchandise Exports
Q2
2011Q1
Q3
Q4
Q2
-2,000.0
2010Q1
US$ Millions
3,000.0
8,396.05
8,098.73
0.17
* Provisional
0.21
9,976.68
Reserve Money
Memorandum Items
-1,078.72
7,360.39
-342.08
9,475.30
-660.07
10,059.01
313.51
8,677.78
313.51
8,677.78
713.69
7,588.81
293.89
7,049.04
193.01
6,574.19
543.62
5,595.28
1,340.24
4,819.67
-10,823.17
22,724.42
-140.95
15,646.29
-10,815.92
23,303.21
-150.25
16,395.11
-11,293.24
23,930.86
2,689.41
15,822.48
-12,503.89
24,174.97
3,360.16
15,956.00
-12,749.17
24,486.33
3,040.45
16,647.95
-10,672.95
24,180.02
5,913.82
20,258.52
-10,680.75
24,180.02
5,913.82
20,258.52
-10,600.39
25,364.07
3,732.36
18,339.59
-9,227.33
26,994.24
5,858.57
19,136.53
-9,341.40
27,656.87
4,653.11
19,082.89
-8,202.07
28,283.62
3,821.61
18,043.88
-8,202.07
29,881.65
3,665.05
17,639.25
8,246.11
8,412.30
9,417.67
5,425.32
8,777.40
8,529.05
8,751.39
5,585.81
9,049.98
8,382.47
9,084.06
5,535.85
8,955.40
8,992.12
9,525.18
5,927.43
8,585.47
9,450.70
10,439.74
6,267.70
9,313.00
10,272.56
10,361.29
6,896.22
9,313.00
10,272.56
10,353.48
6,896.22
10,073.34
10,609.92
10,526.36
6,463.78
10,868.38
10,602.63
10,340.99
6,575.80
11,435.47
10,854.40
10,622.36
6,600.22
12,141.23
10,954.34
10,836.58
6,510.56
13,634.42
10,576.52
10,900.53
6,537.18
0.17
0.21
10,408.11
0.18
0.21
10,431.97
0.17
0.21
10,619.49
0.18
0.22
11,596.63
0.18
0.22
12,309.24
0.19
0.23
11,784.64
0.19
0.23
11,784.64
0.17
0.21
11,500.29
0.17
0.21
11,286.20
0.17
0.20
11,367.97
0.16
0.19
12,045.85
0.16
0.19
11,320.67
30,737.84 31,501.40 31,643.65 32,052.35 33,400.13 34,743.60 36,843.07 36,835.27 37,673.40 38,387.80 39,512.45 40,442.72 41,648.64
8,966.94
Demand deposits
Total Liabilities
5,276.12
-820.92
3,431.92
30,737.84 31,501.40 31,643.65 32,052.35 33,400.13 34,743.60 36,843.07 36,835.27 37,673.40 38,387.80 39,512.45 40,442.72 41,648.64
-10,076.25
Total Assets
22,112.14
355.62
14,792.70
Govt. Deposits
130.98
3,681.93
26,472.97 27,688.50 29,032.65 25,770.68 24,266.91 25,344.65 27,851.78 27,843.97 29,370.91 31,044.87 32,745.25 34,303.82 35,653.79
42.46
DMBs
Claims on Govt
2015*
4,264.87 3,812.91 2,611.00 6,281.67 9,133.22 9,398.95 8,991.29 8,991.29 8,302.50 7,342.93 6,767.20 6,138.90 6,159.91
4,222.41
2014
Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
BOG
Classification
TABLES
STATISTICAL BULLETIN
11
Revaluation Stock
29,925.18
Total Assets
* Provisional
6,612.48
259.39
3,549.91
Other Assets
Claims on DMBs
7,482.83
104.42
Total
797.85
6,580.57
12,020.56
Treasury Bills
Claims on Government
Total
76.91
9,019.22
Foreign Securities
Others
1,376.77
986.58
SDR Holding
561.08
96,733.74
73,303.87
241.38
3,819.42
7,938.20
604.28
758.70
6,575.21
11,430.88
76.86
8,687.01
1,119.36
986.58
561.08
32,082.66
6,535.86
487.27
3,927.74
9,105.34
1,553.00
855.40
6,696.93
12,026.44
79.55
9,301.52
1,003.01
975.03
667.33
38,284.44
8,764.78
534.35
3,941.86
8,913.53
1,561.89
717.47
6,634.17
16,129.91
80.39
9,863.92
4,352.95
1,069.26
763.39
39,030.11
9,022.39
305.45
3,949.35
8,775.80
1,561.55
736.55
6,477.70
16,977.12
80.04
11,357.09
3,719.50
1,057.53
762.96
38,638.70
8,492.10
407.22
4,001.91
8,559.46
1,561.26
550.67
6,447.54
17,178.00
77.23
11,667.58
3,630.61
1,039.63
762.96
39,776.13
8,907.15
331.66
3,983.36
10,911.77
1,560.66
297.20
9,053.90
15,642.20
77.17
10,653.76
3,125.36
1,030.14
755.77
39,776.13
8,907.15
331.66
3,983.36
10,911.77
1,560.66
297.20
9,053.90
15,642.20
77.17
10,653.76
3,125.36
1,030.14
755.77
36,742.90
8,697.41
467.46
3,803.56
9,529.60
292.90
229.40
9,007.30
14,244.87
77.67
10,541.04
1,786.00
1,019.59
820.57
39,248.24
8,322.52
1,383.41
3,802.38
9,308.24
299.53
1.12
9,007.60
16,431.68
77.93
11,387.94
3,002.93
1,077.90
884.98
37,131.01
7,111.54
278.83
3,906.45
9,261.47
301.88
1.96
8,957.63
16,572.73
78.48
12,013.87
2,469.62
1,101.67
909.09
34,357.58
4,886.34
384.63
3,864.48
9,267.93
309.01
1.66
8,957.25
15,954.21
78.70
12,258.64
1,534.85
1,137.90
944.11
34,733.15
2,728.54
1,801.27
3,833.57
9,032.76
97.36
2.16
8,933.23
17,337.02
79.68
13,307.42
1,713.12
1,214.80
1,021.99
Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Gold
Foreign Assets
Asset Classification
2014 2015*
12
STATISTICAL BULLETIN
68.29
Public Institutions
2,217.48
11,485.68
29,925.18
Other Liabilities
Total Liabilities
* Provisional
7,798.15
Foreign Liabilities
2,547.95
3,653.89
Commercial Banks
5,875.91
-1,174.23
Total
2014
2015*
96,733.74
78,367.77
2,217.42
7,748.95
2,324.88
392.07
3,589.03
-1,656.22
6,074.72
32,082.66
12,864.99
2,158.23
8,594.52
2,237.84
75.32
3,712.38
-1,549.87
6,227.08
38,284.44
15,869.12
2,158.18
8,769.52
5,323.98
139.17
3,927.89
1,256.92
6,163.64
39,030.11
16,763.14
2,158.13
7,501.82
6,062.79
124.20
4,523.17
1,415.41
6,544.23
38,638.70
16,110.01
2,158.09
7,118.99
6,377.41
869.68
4,466.50
1,041.24
6,874.19
39,776.13
15,201.90
2,218.11
6,964.42
7,649.50
351.89
3,273.53
4,024.09
7,742.21
39,776.13
15,201.90
2,218.11
6,964.42
7,649.50
351.89
3,273.53
4,024.09
7,742.21
36,742.90
13,115.60
4,164.50
6,656.06
5,724.62
118.80
3,699.18
1,906.64
7,082.11
39,248.24
7,770.65
7,270.08
9,382.64
7,536.53
159.09
3,328.47
4,048.98
7,288.33
37,131.01
7,574.39
6,070.48
9,998.54
6,220.31
304.87
3,178.85
2,736.60
7,267.29
34,357.58
4,471.62
6,070.53
10,358.93
6,220.87
241.25
3,914.33
2,065.29
7,235.63
34,733.15
7,254.38
2,482.12
12,517.35
5,214.07
153.04
3,315.73
1,745.31
7,265.23
Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Government
Deposits
Currency In Circulation
Classification
STATISTICAL BULLETIN
13
5,088.08
4,041.62
Total
Foreign Assets
599.80
4,488.28
682.00
TOR Bonds
43,718.67
Total Assets
* Provisional
5,166.96
Other Assets
19,544.48
2,567.65
Total
2,512.20
55.46
Other Bills
7,309.87
1,814.66
Treasury Bills
Total
4,813.21
Government Stocks
Claims on Government
2015*
44,080.50
4,395.67
20,355.20
2,369.22
2,255.91
113.32
7,708.10
682.00
2,041.93
4,984.17
3,877.45
5,374.86
4,725.46
649.40
46,638.77
5,934.32
20,366.77
2,936.44
2,842.70
93.74
7,289.77
682.00
2,234.94
4,372.83
4,730.64
5,380.83
4,739.56
641.27
47,583.09
6,708.88
20,823.22
3,107.64
2,985.23
122.40
6,908.94
682.00
2,330.67
3,896.28
4,916.10
5,118.31
4,490.52
627.79
48,618.69
7,132.42
21,021.59
3,153.38
2,996.50
156.88
7,180.20
682.00
2,797.88
3,700.32
4,840.16
5,290.94
4,674.14
616.80
49,542.86
6,619.08
21,371.46
3,114.87
3,023.23
91.63
8,088.48
682.00
3,273.31
4,133.18
4,491.09
5,857.88
5,251.38
606.49
49,821.05
5,978.97
21,042.70
3,137.32
3,059.15
78.17
9,346.75
682.00
4,829.03
3,835.72
4,737.76
5,577.54
4,731.55
845.99
49,821.05
5,978.97
21,042.70
3,137.32
3,059.15
78.17
9,346.75
682.00
4,829.03
3,835.72
4,737.76
5,577.54
4,731.55
845.99
52,071.88
6,932.80
21,921.63
3,442.44
3,289.18
153.26
8,809.99
682.00
5,486.28
2,641.71
5,216.67
5,748.34
5,130.01
618.33
54,453.98
6,007.89
23,327.89
3,666.35
3,558.13
108.22
9,828.29
682.00
6,230.74
2,915.54
5,190.90
6,432.67
5,720.14
712.53
54,294.95
5,376.70
23,974.16
3,682.71
3,572.81
109.89
9,821.43
682.00
6,187.58
2,951.84
5,217.61
6,222.36
5,555.29
667.07
3,836.49
3,748.06
88.44
8,606.49
682.00
5,352.55
2,571.94
6,350.10
6,370.76
5,642.71
728.05
7,084.23
55,314.65 58,293.23
6,341.67
24,659.58 26,045.16
3,624.05
3,513.96
110.09
8,775.95
682.00
5,326.09
2,767.86
5,334.31
6,579.10
5,854.04
725.06
Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Cash in Till
Cash Reserves
Classification 2014*
14
STATISTICAL BULLETIN
8,098.73
3,982.05
4,082.47
Savings Deposits
Time Deposits
6,667.45
OTHER LIABILITIES
* Provisional
4,124.52
4,110.95
8,777.40
7,731.46
6,771.22
6,406.38
309.48
3,746.47
1,515.27
869.77
278.22
3.10
588.45
7,074.84
6,722.96
324.45
5,551.56
1,399.61
821.00
289.89
3.68
527.43
6,225.15
TOTAL LIABILITIES
282.23
3,999.16
821.34
Total
FOREIGN LIABILITIES
328.08
Time Deposits
1,529.85
3.47
Savings Deposits
GOVERNMENT DEPOSITS
489.80
Demand Deposits
4,034.46
4,096.53
8,246.11
8,084.81
8,030.24
Total
2015*
47,583.09
6,933.41
6,935.01
298.85
5,994.82
1,432.49
793.60
290.01
3.54
500.04
25,194.91
4,050.83
4,038.08
9,049.98
8,056.01
48,618.69
7,149.34
7,111.30
287.56
5,182.24
1,944.75
1,346.76
376.94
2.36
967.45
25,596.75
4,282.00
4,330.81
8,955.40
8,028.53
49,542.86
7,277.70
7,311.88
295.55
5,151.15
1,999.21
1,201.84
481.62
1.40
718.81
26,305.52
4,800.98
4,166.70
8,585.47
8,752.38
5,316.50
4,406.70
9,313.00
8,881.08
6,561.44
7,526.48
241.21
4,424.25
1,889.73
1,260.67
546.63
2.74
711.30
49,821.05 49,821.05
6,561.44
7,526.48
241.21
4,424.25
1,889.73
1,260.67
546.63
2.74
711.30
27,917.28 27,917.28
5,316.50
4,406.70
9,313.00
8,881.08
5,326.55
4,655.67
10,868.38
8,852.66
5,360.37
4,821.95
11,435.47
9,037.74
9,158.04
5,581.75
4,794.31
4,998.92
5,055.13
12,141.23 13,634.42
8,984.18
7,728.48
8,211.82
664.49
4,897.00
1,809.59
1,439.34
618.79
1.62
818.93
6,933.27
8,169.63
260.56
5,024.60
1,916.51
1,334.85
669.93
2.14
662.78
7,372.90
8,013.12
371.31
4,790.69
1,756.32
1,508.84
577.29
0.99
930.57
8,524.79
7,972.88
676.35
5,009.86
1,919.74
1,343.11
521.03
1.43
820.65
6,969.40
8,038.22
244.93
4,502.99
1,825.72
1,098.46
357.84
1.46
739.17
5,543.16
4,707.47
10,073.34
9,068.18
Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Demand Deposits
Classification 2014
STATISTICAL BULLETIN
15
1,585.53
22,120.59
Others 1,602.99
* Provisional
22,164.45
5,193.78
Services 5,022.73
Total 22,056.68
3,140.80
43.85
3,527.36
55.20
2,135.84
Cocoa Marketing
1,795.60
1,065.87
Construction 1,032.25
585.72
2,089.47
Manufacturing 2,366.38
591.04
176.65
205.97
823.97
823.83
2014
2015*
23,168.66
40.82
23,127.84
1,972.48
5,131.36
3,328.76
3,737.97
2,283.79
1,934.65
566.93
1,063.54
2,045.61
204.90
857.86
2,042.57
5,557.52
3,348.58
3,656.55
2,198.50
1,990.08
746.24
1,089.11
2,327.11
211.95
826.75
23.14
23,808.45 24,018.09
39.45
23,769.01 23,994.96
1,841.93
5,326.42
3,275.43
3,877.62
2,246.57
1,911.96
676.28
1,189.14
2,366.03
191.15
866.47
2,198.02
5,363.13
2,919.25
3,449.02
2,335.30
2,280.75
659.42
1,485.51
2,149.92
237.02
947.14
77.37
24,394.69 24,101.85
79.26
24,315.43 24,024.48
2,188.15
5,812.21
3,120.27
3,466.57
2,226.80
1,999.92
760.27
1,082.29
2,622.33
215.66
820.95
24,166.55
78.42
24,088.13
2,110.18
5,518.34
3,671.02
3,200.53
2,221.55
2,305.79
665.38
1,120.46
2,266.99
196.36
811.55
25,210.81
83.98
25,126.83
2,113.18
5,804.75
3,965.87
3,294.43
2,216.36
2,303.56
644.70
1,167.06
2,534.82
212.24
869.87
26,886.02
80.62
26,805.40
2,209.29
5,732.25
4,335.78
3,777.03
2,573.09
2,525.49
702.93
1,241.10
2,674.39
136.51
897.54
27,546.98
76.95
27,470.03
2,260.84
6,073.71
4,566.95
3,689.17
2,616.29
2,673.92
709.00
1,231.93
2,564.11
204.50
879.60
28,173.54
71.60
28,101.94
2,210.45
6,380.90
4,642.49
3,833.23
2,735.92
2,651.50
645.11
1,260.57
2,599.54
232.37
909.87
27,391.46
51.52
27,339.94
2,376.81
6,120.42
4,070.54
4,157.75
2,682.43
1,794.69
633.48
1,259.97
3,121.07
173.82
948.96
Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Sectors
Table 6. Sectoral Distribution of Outstanding Credit by Deposit Money Banks: (Million of Ghana Cedis)
16
STATISTICAL BULLETIN
672.3
3,585.6
Foreign
Total
25,960.2
Total
3,923.5
783.5
3,140.0
11.5
27,287.8
8,479.5
18,808.2
*Provisional
Primary Reserve Minimum Ratio Requirement is 10 per cent as at November 2014
11.2
8,164.5
Foreign
17,795.7
Domestic
Deposits
2,913.3
11.3
27,662.1
8,846.9
18,815.2
3,975.6
859.8
3,115.8
11.1
27,508.3
9,610.0
17,898.3
4,007.0
962.8
3,044.2
11.4
28,375.9
9,659.6
18,716.3
4,216.1
973.3
3,242.8
11.1
29,501.8
9,561.5
19,940.3
4,246.3
962.1
3,284.2
10.3
30,055.5
9,844.0
20,211.5
4,033.3
937.1
3,096.2
10.3
31,798.2
10,145.6
21,652.6
4,232.7
948.3
3,284.4
10.2
31,220.4
9,942.7
21,277.7
4,103.4
916.8
3,186.6
10.2
32,301.1
10,733.8
21,567.3
4,209.3
901.1
3,308.1
10.1
33,871.8
12,043.9
21,827.8
4,495.9
1,066.9
3,429.1
10.3
34,565.6
12,449.9
22,115.7
4,655.6
1,097.7
3,557.9
10.3
34,598.6
13,356.5
21,242.1
4,782.2
1,234.1
3,548.1
Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Domestic
Primary Reserve
Liquidity Reserves
Classification
2014
2015*
STATISTICAL BULLETIN
17
STATISTICAL BULLETIN
18
End of Period
Number of
Total Effects Cleared
Average Effects Cleared
Working Days
Per Day
Number
Amt (GH'000)
N
umber Amt (GH'000)
2011
2012
2013
2014
2015*
Jun
Jul
Aug
Sep
Oct
Nov
Dec
22
20
23
21
20
22
19
559,769
511,851
524,848
574,944
575,515
575,216
582,066
4,267,670.0
4,183,113.0
4,183,023.7
4,592,538.9
5,369,816.7
5,002,317.3
5,959,063.6
25,444
25,593
22,819
27,378
28,776
26,146
30,635
193,985.0
209,155.6
181,870.6
218,692.3
268,490.8
227,378.1
313,634.9
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
21
21
21
19
21
21
21
23
16
23
22
21
581,355
535,715
552,798
499,116
579,601
546,076
570,559
529,840
530,102
649,224
567,089
522,028
5,806,496.8 27,684
5,048,638.3 25,510
5,094,772.6 26,324
4,913,515.2 26,269
5,240,355.0 27,600
5,709,357.6 26,004
5,874,732.1 27,169
5,489,378.9 23,037
5,171,491.0 33,131
6,610,043.5
28,227
7,095,788.7
25,777
6,726,047.1
24,858
276,499.8
240,411.3
242,608.2
258,606.1
249,540.7
271,874.2
279,749.1
238,668.6
323,218.2
287,393.2
322,535.8
320,288.0
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
22
20
19
20
21
20
22
22
21
23
21
19
584,536
530,816
529,016
556,753
567,410
524,953
565,556
513,625
508,920
627,281
552,979
562,891
6,615,040.4
5,354,781.6
5,521,695.9
6,280,721.8
6,054,339.2
5,658,621.1
6,497,937.2
5,805,618.5
5,599,047.7
8,019,276.0
7,616,515.9
7,777,575.0
26,570
26,541
27,843
27,838
27,020
26,248
25,707
23,347
24,234
27,273
26,332
29,626
300,683.7
267,739.1
290,615.6
314,036.1
288,301.9
282,931.1
295,360.8
263,891.8
266,621.3
348,664.2
362,691.2
409,346.1
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
22
20
20
20
21
21
21
21
22
23
20
20
610,465
571,929
591,885
598,208
618,190
596,519
628,402
567,285
608,977
685,975
579,591
664,847
8,504,360.0
7,558,940.0
8,033,770.0
8,899,950.0
8,880,750.0
9,547,700.0
10,700,820.0
15,386,790.0
9,972,160.0
10,686,140.0
10,494,270.0
12,930,950.0
27,748
28,596
29,594
29,910
29,438
28,406
29,924
27,014
27,681
29,825
28,980
33,242
386,561.8
377,947.0
401,688.5
444,997.5
422,892.9
454,652.4
509,562.9
732,704.3
453,280.0
464,614.8
524,713.5
646,547.5
Jan
Feb
Mar
22
20
20
577,412
562,418
618,111
10,531,390.9 26,246
9,542,144.4 28,121
10,160,958.1 30,906
478,699.6
477,107.2
508,047.9
Apr
May
Jun
* Provisional
20
19
22
576,348
584,222
609,310
10,196,792.6 28,817
9,973,060.6 30,749
11,194,401.4 27,696
509,839.6
524,897.9
508,836.4
384.70
507.64
200.06
Other Assets
141.00
Other Liabilities
*Provisional
2014 2015*
206.36
555.09
380.22
196.24
208.96
611.55
372.66
186.85
211.84
648.52
461.20
202.47
258.17
637.96
502.96
204.47
304.62
674.06
485.93
234.07
298.76
683.46
449.02
216.55
330.20
716.98
533.23
269.12
339.26
715.63
558.57
251.10
347.85
736.25
564.36
246.48
345.58
778.12
546.01
269.85
357.78
794.31
652.20
317.19
382.74
796.86
683.77
286.31
408.62
823.80
712.94
317.64
147.61
160.39
1,029.90
150.86
175.85
1,053.31
149.81
188.65
1,185.57
142.52
231.64
1,229.41
196.60
229.35
1,272.25
199.71
237.33
1,210.34
233.02
246.65
1,369.86
206.80
255.46
1,402.28
216.64
266.53
1,411.37
213.42
277.38
1,448.35
209.83
286.29
1,625.36
145.80
225.50
1,636.60
221.76
304.97
1,735.87
132 133 134 134 134 137 140 140 140 140 140 140 139 140
1,280.58 1,337.90 1,380.01 1,524.03 1,603.57 1,697.66 1,647.78 1,849.53 1,864.55 1,894.95 1,939.56 2,121.48 2,149.70 2,263.01
147.70
Shareholders Funds
Total Liabilities
991.88
Total Deposits
Liabilities
2013
1,280.58 1,337.90 1,380.01 1,524.03 1,603.57 1,697.66 1,647.78 1,849.53 1,864.55 1,894.95 1,939.56 2,121.48 2,149.70 2,263.01
188.18
Total Assets
2012
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
Assets
Table 9. Consolidated Assets and Liabilities of Rural/Community Banks: (Millions of Ghana Cedis)
STATISTICAL BULLETIN
19
* Provisional
18.00-36.89
18.00-36.89
18.00-36.89
18.00-36.89
18.00-36.89
18.00-36.89
18.61-34.25
18.61-34.25
18.61-34.25
18.61-34.25
18.61-34.25
18.61-34.25
18.61-34.25
18.61-34.25
18.61-34.25
18.61-34.25
18.61-34.25
18.61-34.25
0.00-18.00
2.00-24.00
4.00-25.50
2.00-22.50
4.50-22.50
7.80-22.50
5.00-20.50
2.00-15.00
2.00-12.50
0.00-7.00
0.00-10.00
24.14
24.03
25.56
24.03
27.31
22.50
23.00
25.40
19.04
18.00
11.71
11.76
25.08
25.58
24.49
25.45
22.37
26.82
21.00
21.00-36.96
21.00-36.96
21.00-36.96
21.00-36.96
21.00-36.96
21.00-36.96
0.00-18.00
2.00-25.70
2.00-25.50
2.00-22.50
4.50-22.50
7.80-22.50
5.00-20.50
1.00-15.00
3.00-12.50
0.00-7.00
0.00-10.00
23.94
24.25
25.81
23.33
26.41
22.50
23.00
25.40
19.04
18.00
11.71
11.76
24.32
24.78
24.40
25.35
22.37
26.82
21.00
22.90
24.28
25.85
23.33
26.42
22.50
23.00
25.40
19.04
18.00
20.83
21.00
23.83
24.27
23.94
24.86
22.37
26.82
21.00
21.00-36.96
21.00-36.96
21.00-36.96
21.00-36.96
21.00-36.96
21.00-36.96
0.00-18.00
2.00-25.70
2.00-25.50
2.00-22.50
4.50-22.50
7.80-22.50
5.00-18.00
1.00-15.00
3.00-18.00
21.00-36.96
21.00-36.96
21.00-36.96
21.00-36.96
21.00-36.96
21.00-36.96
0.00-18.00
2.00-25.70
2.00-25.50
2.00-22.50
7.80-20.00
7.80-20.00
5.00-18.00
1.00-16.00
3.00-18.00
0.00-7.00 0.00-6.5.00
0.00-9.50
0.00-9.50
23.45
24.27
25.83
23.33
26.41
22.50
23.00
25.40
19.04
18.00
11.71
11.76
23.90
24.35
23.98
24.89
22.37
26.82
21.00
0.00-7.00
0.00-10.00
23.20
23.63
25.12
22.86
25.81
22.50
23.00
25.40
19.04
18.00
20.83
21.00
23.83
24.27
23.94
24.86
22.37
26.82
21.00
21.00-36.96
21.00-36.96
21.00-36.96
21.00-36.96
21.00-36.96
21.00-36.96
21.00-36.96
21.00-36.96
21.00-36.96
21.00-36.96
21.00-36.96
21.00-36.96
0.00-18.00 0.00-18.50
2.00-24.00 2.00-22.00
2.00-25.50 2.00-24.75
2.00-22.50 2.00-24.00
7.80-20.00 16.00-20.00
7.80-20.00 16.00-20.00
5.00-18.00 5.00-18.00
1.00-16.00 1.00-16.00
2.00-18.00 2.00-18.00
0.00-6.50
0.00-9.50
23.01
23.93
25.45
23.06
26.07
22.50
23.00
25.40
19.04
18.00
20.83
21.00
23.83
24.27
23.94
24.86
22.37
26.82
21.00
21.00-36.96
21.00-36.96
21.00-36.96
21.00-36.96
21.00-36.96
21.00-36.96
0.00-20.00
2.00-24.00
2.00-26.00
7.40-24.00
7.80-20.00
7.80-20.00
5.00-18.00
1.00-16.00
2.00-18.00
0.00-7.00
0.00-10.00
23.61
23.66
25.15
22.92
22.92
22.50
23.00
25.40
19.04
18.00
21.33
21.50
23.83
24.27
23.94
24.86
22.37
26.82
22.00
19.00-36.96
19.00-36.96
19.00-36.96
19.00-36.96
19.00-36.96
19.00-36.96
0.00-20.00
2.00-24.00
2.00-26.00
7.40-24.00
7.80-20.00
7.80-20.00
5.00-20.00
1.50-16.00
2.00-18.00
0.00-7.00
24.12
23.73
25.23
22.89
25.85
22.50
23.00
25.40
19.04
18.00
21.82
22.00
23.83
24.27
23.94
24.86
22.37
26.82
22.00
15.33-28.86 17.42-29.00 17.42-38.84 19.50-31.83 20.50-31.83 20.50-31.83 21.00-33.85 21.00-33.85 21.00-33.85 19.52-38.30 19.52-38.30 16.70-38.30 16.13-38.30
18.61-37.08
18.61-37.08
18.61-37.08
18.61-37.08
18.61-37.08
18.61-37.08
0.00-18.00
2.00-24.00
4.00-25.50
2.00-24.00
4.50-22.50
7.80-22.50
5.00-20.50
2.00-16.00
2.00-12.50
0.00-7.00
0.00-10.00
24.34
24.20
25.75
23.33
26.41
22.50
23.00
25.40
19.04
18.00
11.71
11.76
25.28
25.78
24.50
25.46
23.00
27.73
19.00
18.61-37.08
18.61-37.08
18.61-37.08
18.61-37.08
18.61-37.08
18.61-37.08
0.00-18.00
2.00-24.00
4.00-25.50
2.00-24.00
4.50-22.50
7.80-22.50
5.00-20.50
2.00-16.00
2.00-25.02
0.00-7.00
0.00-10.00
24.29
23.94
25.46
23.32
26.40
22.50
23.00
25.40
19.04
18.00
11.71
11.76
24.79
25.27
24.50
25.46
23.00
27.73
19.00
18.61-37.08
18.61-37.08
18.61-37.08
18.61-37.08
18.61-37.08
18.61-37.08
4.50-20.70
6.50-24.70
7.00-25.50
4.50-22.50
4.50-22.50
7.80-20.00
7.80-11.50
2.00-16.00
1.00-25.02
0.00-7.00
0.00-10.00
24.14
23.55
25.02
23.33
26.41
22.50
23.00
25.40
19.04
18.00
11.71
11.76
25.02
25.51
24.88
25.87
23.00
27.73
19.00
B: Lending Rates.(%)
i. Agriculture, Forestry & Fishing
ii. Export Trade
iii. Manufacturing
iv. Mining & Quarrying
v. Construction
vi. Others
0.00-19.10
6.00-24.00
7.00-24.00
4.25-24.00
4.50-23.50
5.00-20.00
7.50-18.00
2.00-16.00
2.00-24.09
24.08
0.00-15.00
3.00-22.00
2.00-22.50
2.00-20.45
4.50-16.00
4.50-15.00
7.50-18.0
2.50-15.00
3.00-12.50
24.06
INTER-BANK MARKET
a. Inter-bank weighted average
23.50
24.97
23.28
26.35
22.50
23.00
24.44
19.04
18.00
0.00-7.00
0.00-12.15
22.72
24.09
19.23
21.28
22.50
23.00
24.44
19.04
18.00
11.71
11.76
24.32
24.79
23.45
24.33
23.00
27.73
19.00
1.00-6.50
0.00-9.50
11.71
11.76
22.90
23.31
22.56
23.37
18.60
21.58
2. COMMERCIAL BANKS
A. Borrowing Rates. (%)
i. Demand Deposits
ii. Savings Deposits 1.50-9.50
iii. Time Deposits
1 month
3 months
6 months
12 months
24 months
36 months
iv. Certificates of Deposit
v. Call Money
vi. Any other
18.00
Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
2014* 2015
20
STATISTICAL BULLETIN
* Provisional
26.43
26.43
28.98
28.98
28.98
28.98 28.98 28.98 28.98
26.43 26.43 28.98 28.98 28.98 28.98 28.98 28.98
28.98
26.43 26.43 28.98 28.98 28.98 28.98 28.98 28.98
28.98
26.43 26.43 28.98 28.98 28.98 28.98 28.98 28.98
28.98
26.43 26.43 28.98 28.98 28.98 28.98 28.98 28.98
28.98
26.43 26.43 28.98 28.98 28.98 28.98 28.98 28.98
28.98
26.43 26.43 28.98 28.98 28.98 28.98 28.98 28.98
28.98
24.89 25.00 24.59 25.06 25.41 25.47 25.68 26.08 25.41 26.24 26.28 26.17
26.25
27.75
27.45
27.75 27.45
27.75 27.45
27.75 27.45
27.75 27.45
27.75 27.45
27.75 27.45
27.75
27.75
27.75
27.75
27.75
27.75
27.75
27.85
27.85
27.85
27.85
27.85
27.85
27.85
12.50 13.00 14.00 13.00 13.00 13.00 13.85 13.85 13.85 13.00 13.50 13.00
13.00
11.75 13.75 14.75 14.75 14.75 14.75 13.75 13.75 13.75 13.75 14.25 14.00
14.00
12.35 11.23 13.38 13.00 13.00 12.25 12.25 12.25 12.25 12.25 15.75 15.70
15.70
10.25 12.25 12.25 13.50 13.50 13.50 13.50 13.50 13.90 13.90 18.00 13.90
13.90
12.75 12.75 8.25 12.75 12.75 12.75 12.75 11.50 11.50 11.50 11.50 11.50
12.50
8.75 9.00 9.00 9.00 9.00 8.50 8.00 8.00 8.50 8.50 8.50 8.50
8.75
7.75
7.75
7.75
7.75
7.25
7.25
7.75
10.50
10.50
10.00 10.00 10.00 10.00
3.75 4.00 3.50 3.50 3.50 3.50 3.50 3.50 3.25 3.25 3.50 3.50
3.50
5.50 6.75 5.00 5.00 5.00 5.00 5.00 5.00 4.75 4.75 4.75 5.00
5.00
24.06 24.08 24.14 24.29 24.34 24.14 23.94 23.45 22.90 23.01 23.20 23.61
24.12
24.20
24.03
24.25
24.27
24.28
23.93 23.63 23.66 23.73
25.75
25.56
25.81
25.83
25.85
25.45 25.12 25.15 25.23
23.33 24.03 23.33 23.33 23.33 23.06 22.86 22.92
22.89
26.41
27.31
26.41
26.41
26.42
26.07 25.81 22.92 25.85
22.50 22.50 22.50 22.50 22.50 22.50 22.50 22.50
22.50
23.00
23.00
23.00
23.00
23.00
23.00 23.00 23.00 23.00
25.40
25.40
25.40
25.40
25.40
25.40 25.40 25.40 25.40
19.04
19.04
19.04
19.04
19.04
19.04 19.04 19.04 19.04
18.00
18.00
18.00
18.00
18.00
18.00 18.00 18.00 18.00
18.00 18.00 18.00 19.00 19.00 21.00 21.00 21.00 21.00 21.00 21.00 22.00
22.00
23.55
23.94
25.02
25.46
23.33 23.32
26.41
26.40
22.50 22.50
23.00
23.00
25.40
25.40
19.04
19.04
18.00
18.00
23.50
24.97
23.28
26.35
22.50
23.00
24.44
19.04
18.00
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
22.72
24.09
19.23
21.28
22.50
23.00
24.44
19.04
18.00
Jun
2014 2015*
STATISTICAL BULLETIN
21
TAX REVENUE
4,238.36 1,523.81 4,394.07 1,508.61 4,756.33 2,378.06 5,841.00 1,757.00 1,798.23 2,020.84 5,576.07 1,970.64 1,813.50 2,043.67 5,827.81
TAXES ON INCOME & PROPERTY
2,017.12
630.25
1,930.88
616.86
2,146.06 1,162.10 2,392.51
586.10
625.60
731.84 1,943.54
803.75
653.45
740.09 2,197.30
Personal
695.89 196.58 733.00 189.70 702.75 301.11 868.15 220.49 256.72 212.14 689.36 312.17 309.44 222.25 843.87
Self employed
53.22 11.86 51.44 11.57 49.43 18.62 65.28 29.01 17.35 14.48 60.83 27.26 23.12 16.64 67.03
Companies
658.32 360.70 706.81 354.30 667.89 637.49
1,000.63 202.38 250.26 378.11 830.75 267.59 217.71 412.87 898.16
Company taxes on oil
257.75
0.00
132.26
0.00
346.76
59.87
59.87
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Others
351.94 61.12 307.37 61.30 379.23 145.00 398.57 134.22 101.28 127.11 362.61 196.73 103.19 88.33 388.24
o/w Mineral Royalties
133.23
15.96
115.60
21.08
133.76
8.74
134.46
113.26
11.41
12.77
137.44
104.94
12.57
23.47
140.97
NFSL
33.75
29.77
45.14
31.93
36.60
42.35
46.43
4.76
9.51
38.96
53.23
7.58
1.31
30.91
39.80
Airport tax
11.46
3.31
28.96
0.00
2.52
12.13
12.13
0.00
18.22
12.72
30.94
18.54
12.11
21.43
52.08
TAXES ON DOMESTIC GOODS AND SERVICES 1,396.24 540.11 1,558.97 551.01 1,597.06 741.23
1,882.02 739.03 655.19 808.51
2,202.73 753.78 773.75 858.56
2,386.09
Excises
178.78 66.99 189.99 63.51 174.28 95.99 221.26 217.72 168.76 212.09 598.57 207.32 182.95 198.19 588.47
Excise Duty
37.19
10.54
33.66
11.37
30.76
17.54
45.20
17.47
15.23
15.82
48.52
14.17
16.07
17.55
47.78
Petroleum tax
141.59
56.44
156.33
52.14
143.52
78.46
176.06
200.25
153.53
196.27
550.05
193.16
166.88
180.65
540.69
o/w Debt recovery levy
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
VAT
994.63 387.60 1,130.03 402.71 1,173.28 527.89
1,373.71 437.01 406.36 486.34
1,329.71 451.99 495.17 544.49
1,491.64
Domestic
387.31
143.38
464.51
162.14
471.81
233.31
591.45
164.71
176.87
186.73
528.31
183.07
206.14
218.39
607.61
External
607.32
244.22
665.52
240.57
701.47
294.58
782.25
272.30
229.49
299.62
801.41
268.91
289.03
326.09
884.03
National Health Insurance Levy (NHIL)
171.12 64.69 186.90 67.48 196.33 84.81 227.37 70.77 66.56 79.53 216.86 73.28 80.87 88.46
242.61
Customs Collection
106.56
40.79
109.48
40.46
117.70
45.92
129.01
43.32
37.08
48.41
128.81
42.76
46.51
52.06
141.34
Domestic Collection
64.55
23.90
77.42
27.02
78.64
38.89
98.36
27.45
29.48
31.12
88.05
30.51
34.36
36.40
101.27
Communication Service Tax
51.71 20.84 52.04 17.32 53.17 32.53 59.68 13.53 13.51 30.55 57.59 21.19 14.75 27.42 63.37
TAXES ON INTERNATIONAL TRADE
824.99
353.44
904.22
340.74
1,013.22
474.73 1,566.48
431.87
517.44
480.49 1,429.80
413.11
386.29
445.02 1,244.43
Imports
624.62 242.86 644.75 235.98 690.14 332.62 813.16 233.23 254.94 270.01 758.18 246.92 278.32 293.56 818.80
Import duty
624.62
242.86
644.75
235.98
690.14
332.62
813.16
233.23
254.94
270.01
758.18
246.92
278.32
293.56
818.80
Exports
0.00 0.00 0.00 0.00 0.00 0.00
318.55 80.58 0.00 0.00 80.58 0.00 0.00 0.00 0.00
Cocoa
0.00
0.00
0.00
0.00
0.00
0.00
318.55
80.58
0.00
0.00
80.58
0.00
0.00
0.00
0.00
Import Exemptions
200.38 110.58 259.46 104.76 323.07 142.11 434.77 118.06 262.50 210.48 591.04 166.19 107.97 151.46 425.62
SOCIAL CONTRIBUTIONS
60.87 23.78 51.80 12.37 58.20 13.53 47.33 0.00 0.00 26.90 26.90 5.27 22.74 58.96 86.97
SSNIT Contribution to NHIL
60.87
23.78
51.80
12.37
58.20
13.53
47.33
0.00
0.00
26.90
26.90
5.27
22.74
58.96
86.97
NON-TAX REVENUE
1,252.33 241.76 896.27 245.37 1,270.84 374.88
1,063.93 193.31 370.66 983.74
1,547.71 381.50 393.77 239.32
1,014.59
Retention
711.99 192.55 582.01 214.59 639.44 165.39 563.85 159.24 201.32 204.12 564.68 192.44 186.56 192.55 571.54
Lodgement
540.35 49.21 314.26 30.78 631.40 209.50 500.07 34.07 169.34 779.62 983.03 189.06 207.21 46.77 443.05
Fees & Charges
67.83
26.67
64.12
30.78
90.55
42.63
107.34
34.07
30.30
38.62
102.99
38.96
55.91
46.77
141.64
Dividend/Interest & profits from Oil
372.56
0.00
211.41
0.00
458.54
166.35
392.20
0.00
136.10
140.82
276.92
138.08
147.35
0.00
285.42
Dividend/Interest & profits (Others)
99.91
22.54
38.50
0.00
79.42
0.00
0.00
0.00
0.00
600.10
600.10
12.02
3.94
0.00
15.96
DOMESTIC REVENUE
5,551.56 1,789.35 5,342.13 1,766.35 6,085.37 2,766.47 6,952.26 1,950.31 2,168.89 3,031.48 7,150.68 2,357.41 2,230.01 2,341.95 6,929.38
GRANTS
143.96 59.49 231.29 185.88 367.39 27.97 71.50 24.38 103.25 144.28 271.92 20.77 71.40
531.04
623.21
Project grants
141.73
59.49
231.29
185.88
342.79
27.97
71.50
24.38
103.25
144.28
271.92
20.77
71.40
83.03
175.20
Programme grants
2.23
0.00
0.00
0.00
24.60
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
448.01
448.01
HIPC Assistance (multilaterals)
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Multilateral Debt Relief Initiative (MDRI)
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
TOTAL REVENUE & GRANTS
5,695.52 1,848.85 5,573.42 1,952.24 6,452.76 2,794.45 7,023.76 1,974.69 2,272.15 3,175.77 7,422.60 2,378.18 2,301.41 2,872.99 7,552.58
2014*
2015*
Q1 Jun Q2 Sep Q3
Dec Q4 Jan Feb
Mar Q1 Apr
May Jun Q2
Table 12. Central Government Budget (Revenue) [Broad Budget Coverage]: (Millions of Ghana Cedis)
22
STATISTICAL BULLETIN
204.53
161.62
42.91
0.00
35.12
Pensions
Gratuities
Social Security
261.14
0.00
0.00
0.00
38.53
0.00
10.66
47.14
57.80
757.62
148.99
0.00
9.90
47.28
57.19
842.81
825.18
58.57
83.06
10.73
48.71
142.50
246.09
83.06
31.29
143.13
257.49
2,425.62
915.17
212.64
199.88
19.51
59.48
278.87
212.62
0.00
9.69
63.97
73.67
898.13
789.23
315.49
186.27
18.68
70.19
275.13
740.75
386.15
47.88
193.65
627.67
2,602.52
42.69
367.34
183.60
1,656.92
27.54
469.02
279.31
1,346.15
32.12
1,178.38
245.86
1,969.57
457.67
182.84
581.47
158.34
65.68
535.93
406.87
1,575.07
538.45
244.83
43.85
477.90
55.10
492.41
343.78
1,508.77
0.00
0.00
0.00
0.00
0.00
0.00
0.00
473.72
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
192.55
0.00
0.41
20.13
0.00
72.80
72.76
582.01
0.00
1.25
59.15
0.00
230.35
0.00
214.59
0.00
0.38
18.56
0.00
71.50
172.20
639.44
0.00
1.14
55.18
0.00
239.96
65.69
165.39
220.31
0.40
19.11
176.01
117.54
133.44
563.85
330.31
1.24
60.09
328.75
330.62
0.00
159.24
0.00
0.54
26.30
0.00
51.00
48.63
201.32
0.00
0.39
18.77
0.00
86.20
78.26
204.12
0.00
0.48
23.18
42.26
63.20
126.89
564.68
0.00
1.41
68.25
42.26
200.40
52.00
61.62
192.44
375.86
0.39
17.47
166.00
54.68
186.56
0.00
0.45
21.55
0.00
261.90
0.00
192.55
0.00
0.41
20.13
68.24
133.40
116.30
571.54
375.86
1.25
59.15
234.24
447.30
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
110.58
0.00
259.46
0.00
104.76
0.00
323.07
0.00
142.11
0.00
434.77
0.00
118.06
0.00
262.50
0.00
210.48
0.00
591.04
0.00
166.19
0.00
107.97
0.00
151.46
0.00
425.62
0.00
896.12
Loan recoveries
Foreign financed
474.88
0.00
0.00
1,300.37
0.00
0.00
0.00
601.44
0.00
0.00
0.00
103.97
103.97
1,449.63
0.00
0.00
0.00
328.47
328.47
316.30
0.00
0.00
0.00
415.97
415.97
1,184.35
0.00
0.00
0.00
531.41
531.41
1,052.88
0.00
0.00
0.00
0.00
0.00
484.83
0.00
0.00
0.00
0.00
0.00
400.90
0.00
0.00
0.00
16.88
16.88
1,938.61
0.00
0.00
0.00
16.89
16.89
309.08
0.00
0.00
0.00
39.90
39.90
174.31
0.00
0.00
0.00
116.69
116.69
281.00
0.00
0.00
0.00
100.59
100.59
764.39
0.00
0.00
0.00
257.19
257.19
6,031.89 2,393.48 7,678.09 2,538.06 8,228.57 4,341.81 10,023.65 2,902.49 2,891.43 2,667.64 8,461.56 3,570.92 2,630.28 2,875.15
9,076.35
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00
0.00
New loans
0.00
326.13
326.13
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00
0.00
Net lending
109.00
109.00
79.21
Assets
79.21
Domestic financed
975.32 583.87
1,626.50 705.40
1,778.10 732.27 1,715.76
1,052.88 484.83 417.78
1,955.49 348.98 291.00 381.59
1,021.58
0.00
200.38
1,033.77
40.03
231.20
120.79
392.02
2,483.58
200.38 110.58 259.46 104.76 323.07 142.11 434.77 118.06 262.50 210.48 591.04 166.19 107.97 151.46
425.62
Other Expenditure
520.96
0.00
17.94
49.36
67.29
904.23
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00
138.96
1.27
711.99
50.56
Road Fund
0.00
146.27
Social Benefits
376.49
0.00
40.28
147.37
187.64
2,356.17
0.00
74.28
0.00
17.37
48.07
65.45
786.57
1,138.32
External (Due)
Subsidies
331.25
0.00
51.97
182.08
234.05
2,440.78
1,399.46 410.04
1,840.52 496.56
1,625.45
1,210.50 2,215.43 640.51 739.81 601.61
1,981.94 783.28 521.76 547.51
1,852.54
Domestic
Interest Payments
86.86
0.00
25.59
86.30
111.89
804.34
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00
2,168.04
2,372.57 916.24
2,674.83 852.01
2,543.81 971.52 2,875.61 815.43 899.99 967.68
2,683.10
1,194.04 971.79
1,064.36
3,230.20
Social Contributions
2015*
Compensation of Employees
2014*
Table 13. Central Government Budget (Expenditure) [Broad Budget Coverage]: (Millions of Ghana Cedis)
STATISTICAL BULLETIN
23
2014*
2015*
Table 14. Central Government Fiscal Position (Financing): (Millions of Ghana Cedis)
24
STATISTICAL BULLETIN
* Provisional
TOTAL RECEIPTS
3,993.89 1,509.70 4,488.30 1,821.14 4,773.61 2,248.34 5,567.05 1,525.04 1,916.25 2,917.71 6,359.01 2,058.73 2,727.21 2,111.38 6,897.31
CUSTOMS (CEPS)
1,425.71
566.81
1,512.10
548.68
1,602.21
703.24
1,821.88
703.06
612.02
783.83
2,098.91
754.64
809.60
613.78
2,178.02
DOMESTIC TAX DIRECT (IRS)
1,615.62
630.25
1,717.06
618.14
1,623.20
1,038.05
2,181.31
586.10
573.09
677.51
1,836.69
596.60
740.09
704.94
2,041.63
DOMESTIC TAX INDIRECT (VAT)
480.23
212.68
544.08
195.85
592.49
368.41
763.77
121.24
198.84
250.16
570.23
321.40
237.42
303.47
862.29
OIL REVENUE (ABFA)
0.00
26.96
560.41
0.00
285.84
82.48
326.86
0.00
143.10
115.09
258.19
153.46
0.00
137.21
290.68
COCOA
0.00 0.00 0.00 0.00 0.00 0.00
318.55 80.58 0.00 0.00 80.58 0.00 0.00 0.00 0.00
GRANTS
2.23 0.00 0.00 0.00 24.60 0.00 0.00 0.00 0.00 0.00 0.00 0.00
448.01
284.97
732.98
NON-TAX RECEIPTS
167.79
49.21
102.85
30.78
171.73
42.63
107.34
34.07
30.30
638.72
703.09
55.91
46.77
52.78
155.47
NHIL
60.87 23.78 51.80 12.37 58.20 13.53 47.33 0.00 0.00 26.90 26.90 0.00 58.96 14.22 73.18
OTHER RECEIPTS
241.45 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TAX EXEMPTIONS
0.00
0.00
0.00
415.33
415.33
0.00
0.00
0.00
358.90
425.51
784.41
176.70
382.26
0.00
558.96
TOTAL PAYMENTS
6,019.25 1,828.85 6,127.64 1,568.24 6,504.88 3,604.71 8,099.50 2,031.15 2,338.57 2,054.52 6,424.24 1,835.14 2,669.06 3,011.75 7,515.95
INTEREST (DOMESTIC)
1,110.92
346.01
1,611.78
458.45
1,316.50
1,157.42
1,920.66
447.63 573.21 518.85 1,539.69 470.52 468.73 738.45 1,677.70
INTEREST (EXTERNAL)
261.14
43.36
186.39
27.54
279.31
39.82
248.63
182.84
158.34
65.68
406.87
43.85
55.10
259.20
358.15
OTHERS
4,647.19 1,439.49 4,329.47 1,082.26 4,909.08 2,407.47 5,930.21 1,400.67 1,607.02 1,469.99 4,477.68 1,320.77 2,145.23 2,014.11 5,480.10
SUMMARY
RECEIPTS
3,993.89 1,509.70 4,488.30 1,821.14 4,773.61 2,248.34 5,567.05 1,525.04 1,916.25 2,917.71 6,359.01 2,058.73 2,727.21 2,111.38 6,897.31
PAYMENTS
6,019.25 1,828.85 6,127.64 1,568.24 6,504.88 3,604.71 8,099.50 2,031.15 2,338.57 2,054.52 6,424.24 1,835.14 2,669.06 3,011.75 7,515.95
SURPLUS/DEFICIT (-)
-2,025.37 -319.15 -1,639.34 252.90 -1,731.28 -1,356.37 -2,532.46 -506.10 -422.31 863.19 -65.23 223.58 58.15 -900.38 -618.64
FINANCING
2,025.37 319.15 1,639.34 -252.90 1,731.28 1,356.37 2,532.46 506.10 422.31 -863.19 65.23
-223.58 -58.15 900.38 618.64
DOMESTIC (NET)
2,168.33 460.10 1,599.86 -3,304.76 -1,172.54 1,484.72 2,662.59 548.06 468.44 -590.54 425.97 21.85 134.77 1,249.21 1,405.83
BANKING
2,341.39
236.32
768.90 -3,412.29 -1,303.94
684.26
1,241.52
374.25
318.18 -1,320.93
-628.51
-207.52
-248.06
1,278.73
823.15
BANK OF GHANA
2,721.41
-159.50
629.56 -2,998.60 -1,000.51
-630.56
-768.97
423.22
312.05 -2,363.68 -1,628.42
677.76
84.81
1,246.10
2,008.68
DEPOSIT MONEY BANKS
-380.03
395.82
139.34
-413.69
-303.43
1,314.82
2,010.49
-48.97
6.12
1,042.75
999.91
-885.28
-332.88
32.63 -1,185.53
NON-BANK
-173.05 223.78 830.97 107.53 131.40 800.46
1,421.07 173.81 150.27 730.39
1,054.48 229.37 382.84 -29.52 582.68
NON-RESIDENTS
-595.70
0.00
230.68
274.93
407.40
-96.13
7.97
-81.22
70.90
162.13
151.80
151.36
33.67
-141.69
43.34
FOREIGN (NET)
-142.97 -140.95 -455.09 3,051.86 2,903.81 -128.35 -496.37 -41.96 -46.13 -272.65 -360.74 -245.43 -192.92 -348.83 -787.19
INFLOWS
0.00 0.00 0.00
3,161.19
3,161.19 0.00 0.00
463.75 0.00 0.00
463.75 0.00 0.00 0.00 0.00
EXCEPTIONAL FINANCING
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
LOAN REPAYMENT
-142.97
-140.95
-455.09
-109.33
-257.38
-128.35
-496.37
-505.71
-46.13
-272.65
-824.50
-245.43
-192.92
-348.83
-787.19
SAVINGS(+)/DISSAVINGS(-) FROM GGILBS -142.97 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Other Domestic Financing
0.00 0.00 0.00 0.00 0.00 0.00
366.24 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
MEMORANDUM ITEMS
GDP AT CURRENT PRICES (NON-OIL)
104,818.00 104,818.00 104,818.00 104,818.00 104,818.00 104,818.00 104,818.00 123,098.63 123,098.63 123,098.63 123,098.63 123,098.63 123,098.63 123,098.63 123,098.63
GDP AT CURRENT PRICES (OIL)
112,611.00 112,611.00 112,611.00 112,611.00 112,611.00 112,611.00 112,611.00 133,344.08 133,344.08 133,344.08 133,344.08 133,344.08 133,344.08 133,344.08 133,344.08
DOMESTIC PRIM. BALANCE
-655.53 70.22 188.76 738.89 -160.08 -159.14 -363.17 124.37 309.24
1,447.72
1,881.33 737.96 129.87 -187.70 680.13
(In Percent of GDP)
-0.582
0.062
0.168
0.656
-0.142
-0.141
-0.322
0.093
0.232
1.086
1.411
0.006
0.001
-0.001
0.510
BUDGET BALANCE
-2,025.37 -319.15 -1,609.41 252.90 -1,731.28 -1,356.37 -2,532.46 -506.10 -422.31 863.19 -65.23 223.58 58.15 -900.38 -618.64
(In Percent of GDP)
-1.799
-0.283
-1.429
0.225
-1.537
-1.204
-2.249
-0.380
-0.317
0.647
-0.049
0.002
0.000
-0.007
-0.464
Domestic Revenue
3,991.65 1,509.70 4,488.30 1,821.14 4,749.00 2,248.34 5,567.05 1,525.04 1,916.25 2,917.71 6,359.01 2,058.73 2,275.10 1,826.41 6,160.23
Domestic Expenditure
4,647.19 1,439.49 4,329.47 1,082.26 4,909.08 2,407.47 5,930.21 1,400.67 1,607.02 1,469.99 4,477.68 1,320.77 2,145.23 2,014.11 5,480.10
Net Domestic Financing
2,168.33 460.10 1,599.86 -3,304.76 -1,172.54 1,484.72 2,662.59 548.06 468.44 -590.54 425.97 21.85 134.77 1,249.21 1,405.83
Net Changes in Road Arrears
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Changes in Non-Road Arrears
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
2014 2015*
Table 15. Fiscal Position - Narrow Coverage: (Millions of Ghana Cedis)
STATISTICAL BULLETIN
25
Non-Bank Sector
4,748.49
4,855.75
691.95
601.30
Non-Bank Sector
1,069.30
Non-Bank Sector
172.93
94.45
Non-Bank Sector
0.00
Non-Bank Sector
682.00
7,759.63
Non-Bank Sector
* Provisional
7,368.89
15,128.53
SUMMARY
29.95
368.41
Non-Bank Sector
398.36
Government stocks
6,201.62
2,934.39
9,136.01
5,998.45
2,548.25
8,546.70
6,250.67
2,221.20
8,471.86
6,500.76
2,142.77
8,643.54
748.68
801.27
837.19
996.55
1,013.19
1,440.59
1,132.97
1,687.99
1,290.62
2,391.53
1,413.79
3,079.52
1,498.24
2,921.16
1,510.74
3,040.56
1,568.82
4,019.18
1,795.38
3,986.21
1,796.31
3,739.96
1,904.88
3,849.23
597.06
1,109.17
571.71
1,037.08
532.01
941.66
483.89
903.75
480.75
885.80
440.44
812.80
437.83
762.80
437.20
763.06
435.70
760.31
450.25
765.51
462.54
768.71
469.44
770.09
1,068.66
2,195.03
1,020.49
2,026.05
1,011.54
1,802.05
1,006.29
1,670.05
994.34
1,701.05
982.00
1,613.22
970.84
1,270.20
969.74
985.20
954.11
1,241.84
961.01
1,233.34
949.08
1,223.34
950.69
1,068.34
178.56
979.62
202.75
820.45
226.77
671.20
219.12
614.74
218.84
694.52
218.84
533.26
219.16
467.88
299.30
561.17
304.43
562.21
306.63
581.35
290.25
420.77
293.53
417.02
95.63
485.87
102.73
274.77
107.62
266.88
114.41
247.09
109.28
568.02
114.24
253.65
101.70
260.09
95.88
271.92
102.17
299.16
90.58
319.62
101.08
303.02
106.43
264.47
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
7,709.87
7,807.72
15,517.59
368.41
29.95
398.36
682.00
7,693.67
7,438.58
15,132.25
368.41
29.95
398.36
682.00
7,847.28
7,220.46
15,067.74
368.41
29.95
398.36
682.00
8,358.63
7,372.77
15,731.40
368.41
29.95
398.36
682.00
8,353.50
8,410.55
16,764.05
368.41
29.95
398.36
682.00
9,744.74
9,381.68
19,126.41
1,282.74
0.03
1,282.77
682.00
9,961.59
9,291.78
19,253.37
1,282.74
0.03
1,282.77
682.00
10,085.27
9,429.45
19,514.72
1,282.74
0.03
1,282.77
682.00
682.00
1,074.55
0.03
1,074.58
682.00
1,074.55
0.03
1,074.58
682.00
1,074.55
0.03
1,074.58
10,747.41 10,586.27
10,601.29 10,206.89
10,823.40
9,460.10
11,193.86
9,300.37
1,282.74
0.03
1,282.77
682.00
682.00 682.00 682.00 682.00 682.00 682.00 682.00 682.00 682.00 682.00 682.00 682.00 682.00
0.00
5,585.55
3,029.63
8,615.17
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
629.55
TOR Bond
5,552.79
2,825.92
8,378.70
724.00 581.50 377.50 374.50 361.50 677.30 367.89 361.79 367.79 401.33 410.20 404.10 370.90
764.89
Non-Bank Sector
5,406.93
2,292.96
7,699.89
937.82 1,158.18
1,023.20 897.97 833.86 913.35 752.09 687.04 860.48 866.64 887.98 711.03 710.56
2,256.61
5,000.56
1,348.40
6,348.95
3,325.91 3,263.69 3,046.54 2,813.59 2,676.34 2,695.39 2,595.22 2,241.04 1,954.95 2,195.94 2,194.34 2,172.42 2,019.03
947.67
5,147.95
1,422.79
6,570.74
1,548.97 1,706.24 1,608.79 1,473.67 1,387.64 1,366.55 1,253.24 1,200.63 1,200.26 1,196.01 1,215.76 1,231.25 1,239.53
515.04
4,695.36
1,278.51
5,973.87
1,206.98 1,549.95 1,833.74 2,453.78 2,820.97 3,682.15 4,493.31 4,419.39 4,551.31 5,588.00 5,781.59 5,536.27 5,754.11
Non-Bank Sector
4,693.12
1,469.00
6,162.12
Medium-Term Assets
1,429.17
1,448.73
6,177.66
6,304.48
6,304.48 6,177.66 6,162.12 5,973.87 6,570.74 6,348.95 7,699.89 8,378.70 8,615.17 9,136.01 8,546.70 8,471.86 8,643.54
Short-Term Assets
2014
2015*
Jun
Jul Aug Sep Oct Nov Dec Jan Feb Mar April May Jun
Table 16. Outstanding Stock of Selected Financial Assets: (Millions of Ghana Cedis)
26
STATISTICAL BULLETIN
Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
2014
2015*
* Provisional
9,904.01 10,148.60 10,418.90 10,563.58 11,462.21 11,883.17 13,686.12 14,242.00 14,611.03 15,921.24 15,546.24 15,241.24 15,639.57
6,454.44 6,380.98 6,563.99 6,375.77
6,993.23 6,574.11
7,939.42 8,621.83 8,858.30 9,136.96 8,548.60 8,473.43 8,645.58
1,900.41 2,061.22 2,246.02 2,714.06
3,081.27 3,942.45
4,493.37 4,419.50 4,552.43 5,588.23 5,781.79 5,536.47 5,754.38
1,549.16 1,706.40 1,608.89 1,473.75
1,387.70 1,366.61
1,253.33 1,200.67 1,200.30 1,196.05 1,215.85 1,231.34 1,239.62
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
12,708.96 12,583.84 12,761.69 12,582.60 12,204.39 12,223.36 13,045.86 12,425.22 12,289.46 12,732.58 12,576.16 12,522.16 12,344.75
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
3,523.64 3,398.53 3,176.37 2,997.28
2,819.07 2,838.04
2,746.21 2,380.47 2,059.38 2,300.67 2,249.06 2,227.11 2,049.71
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
4,861.35 4,861.35 5,261.37 5,261.37
5,061.37 5,061.37
5,061.37 4,909.00 5,159.33 5,159.33 5,262.70 5,230.64 5,230.64
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
367.49
367.49
367.49
367.49
367.49
367.49
1,281.81 1,281.81 1,281.81 1,281.81 1,073.63 1,073.63 1,073.63
202.53
202.53
202.53
202.53
202.53
202.53
202.53
100.00
35.00
35.00
35.00
35.00
35.00
2,790.20 2,790.20 2,790.20 2,790.20
2,790.20 2,790.20
2,790.20 2,790.20 2,790.20 2,992.03 2,992.03 2,992.03 2,992.03
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201.72
201.72
201.72
201.72
201.72
201.72
201.72
201.72
201.72
201.72
201.72
201.72
201.72
80.02
80.02
80.02
80.02
80.02
80.02
80.02
80.02
80.02
80.02
80.02
80.02
80.02
682.00 682.00 682.00 682.00 682.00 682.00 682.00 682.00 682.00 682.00 682.00 682.00 682.00
National Pension Regulatory Authority (NPRA) Stocks 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
F. Long-Term Instruments
7,888.87 7,888.87 7,888.87 7,888.87 7,888.87 7,888.87 7,888.87 7,888.87 7,888.87 7,888.87 7,888.87 7,888.87 7,888.87
Long-Term Government Stocks
7,417.37 7,417.37 7,417.37 7,417.37
7,417.37 7,417.37
7,417.37 7,417.37 7,417.37 7,417.37 7,417.37 7,417.37 7,417.37
Telekom Malasia Stock
109.46
109.46
109.46
109.46
109.46
109.46
109.46
109.46
109.46
109.46
109.46
109.46
109.46
Revaluation Stock
361.06 361.06 361.06 361.06 361.06 361.06 361.06 361.06 361.06 361.06 361.06 361.06 361.06
Other Government Stocks
0.98
0.98
0.98
0.98
0.98
0.98
0.98
0.98
0.98
0.98
0.98
0.98
0.98
TOTAL(D+E+F)
30,501.84 30,621.31 31,069.47 31,035.06 31,555.47 31,995.40 34,620.86 34,556.09 34,789.37 36,542.70 36,011.27 35,652.27 35,873.20
A. Banking system
Bank of Ghana
Deposit Money Banks (DMBs)
B. Non-Bank Sector
SSNIT
Insurance Companies
NPRA
Other Holders
C. Foreign sector (Non-Residents)
TOTAL(A+B+C)
STRUCTURE
D. Short-Term Instruments
91-Day Treasury Bill
182-Day Treasury Bill
1-Year Treasury Note
Short-Term Advance
E. Medium-Term Instruments
2-Year Floating Treasury Note
2-Year Fixed Treasury Note
3-Year GGILBS
3-Year Floating Treasury Note
3-Year Fixed Treasury Note
3-Year Stock (SBG)
3-Year Stock (SSNIT)
3-Year Floating Treasury Note (SADA-UBA)
5-Year GOG Bond
5-Year Golden Jubilee Bond
7-Year GOG Bond
GOG Petroleum Finance Bond
TOR Bonds
HOLDERS
Table 17. Holders and Structure of Domestic Debt: (Millions of Ghana Cedis)
STATISTICAL BULLETIN
27
1,504.14
Others
J.
* Revised
**Provisional Data
L.
SDR Allocation
I.
443.21
575.88
2.15
1,266.41
511.23
0.47
606.24
IMF:
2,110.38
Short-Term
G.
515.53
575.87
2.13
1,210.76
505.82
0.46
1,475.71
599.84
2,075.55
3,792.59
66.68
67.09
66.68
2,556.48
325.21
285.08
3,166.77
4,324.85
3,233.45
1,666.63
1,229.62
3,888.49
2015**
592.07
575.87
2.06
1,376.29
489.74
0.45
1,442.07
577.07
2,019.14
3,885.62
65.42
65.42
2,330.39
311.18
313.11
2,954.68
4,188.04
3,020.10
1,510.96
1,088.70
595.35
575.97
2.23
1,856.69
526.33
0.49
1,569.06
646.91
2,215.97
4,599.48
64.14
64.14
3,770.42
334.43
338.89
4,443.74
5,679.20
4,507.88
2,803.24
2,343.28
482.15
575.97
2.20
1,855.63
527.03
0.48
1,177.10
643.01
1,820.11
4,203.25
63.26
63.26
4,041.97
330.94
338.89
4,711.80
5,833.18
4,775.06
3,467.18
3,005.61
482.35
575.98
2.16
1,896.10
518.15
0.50
1,066.16
643.01
1,709.17
4,123.92
62.29
62.29
4,111.30
325.34
338.89
4,775.53
5,896.15
4,837.82
3,641.84
3,188.14
535.56
575.98
2.14
1,635.79
512.68
0.50
1,020.94
643.01
1,663.95
3,812.92
61.52
61.52
3,629.74
321.91
336.30
4,287.95
5,461.01
4,349.47
3,199.48
2,750.46
535.72
575.97
2.07
1,602.37
498.58
0.49
885.83
622.05
1,507.88
3,609.32
59.83
59.83
3,110.52
292.38
336.30
3,739.20
4,910.72
3,799.03
2,806.80
2,370.12
536.28
575.99
2.11
1,188.01
500.44
0.50
792.71
622.04
1,414.75
3,103.70
60.96
60.96
2,871.49
293.45
336.30
3,501.24
4,674.47
3,562.20
2,661.98
2,224.61
286.20
336.30
284.65
336.30
280.72
336.30
66.46
66.46
65.76
65.76
67.64
67.64
767.75
766.42
756.35
537.15
500.98
2.03
1,035.97
490.55
0.49
483.46
500.99
2.12
995.68
494.37
0.49
484.04
501.00
2.09
951.74
491.74
0.60
484.14
832.34
2.16
869.32
497.77
0.58
658.63
63.99
63.99
287.65
336.30
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
67.09
Foreign Liabilities
Investment in GIB
Long-Term Assets
F.
E.
2,787.47
328.68
Holdings of SDRs
Others
287.06
Gold
3,403.21
3,470.30
D. Short-Term Assets
C.
1,868.24
4,489.39
B.
1,426.25
Jun
A.
2014*
28
STATISTICAL BULLETIN
-978.82
Debit
640.30
-966.12
103.20
-378.36
0.00
132.20
0.00
Holdings of SDR
132.20
-132.20
Overall Balance
132.20
-90.67
Other investments
501.39
Direct investments
19.63
549.72
Capital Transfers
545.55
0.00
0.00
0.00
545.55
545.55
-545.55
340.97
-764.80
904.91
27.86
167.97
16.04
7.51
1,070.74
541.11
Official (net)
* Revised
**Provisional Data
*** Gas imports from Q1 2011
-43.82
-892.22
-3,622.84
429.41
Private (net)
2,468.09
3,885.07
165.76
4,965.71
2,267.29
13,751.92
-3,848.32
558.07
953.73
30.85
1,162.87
877.92
3,583.45
-215.20
630.14
1,069.91
50.22
1,065.26
688.98
3,504.50
-36.85
-957.44
524.64
902.09
51.48
1,141.18
354.79
2,974.20
-459.47
-864.34
592.96
799.25
52.50
1,018.75
691.18
3,154.64
-671.89
2,305.82
3,724.98
185.05
4,388.06
2,612.88
13,216.79
-1,383.41
-820.68 -3,694.47
586.33
445.13
47.80
817.73
992.62
2,889.60
-466.29
-548.40
613.58
651.11
50.05
835.72
553.49
2,703.95
-575.93
-422.55
-797.70
-739.29
-3,578.68
-221.24
-940.11
-3,588.61
-1,855.72
-3,550.45
-14,049.79
-836.81
-986.31
-2,812.34
-920.59
-823.45
-2,717.91
-404.87
-892.75
-2,540.92
-148.79
-991.45
-2,835.08
-2,311.06
-3,693.95
-10,906.25
72.11
-461.81
-2,894.08
273.81
-580.59
-2,699.30
700.06
-1,493.61
619.02
-968.41
2,454.04
-4,897.81
364.69
-1,225.67
413.11
-1,256.33
640.52
-1,166.84
626.45
-998.05
2,044.77
-4,646.90
1,290.74
-1,406.96
1,598.18
-1,826.13
50.00
-513.28
45.00
-403.10
284.53
-1,635.92
30.87
-501.50
32.00
-548.19
21.06
-329.10
26.82
-449.37
110.76
-1,828.15
79.80
-465.75
165.57
-361.46
991.96
0.00
0.00
0.00
991.96
991.96
-991.96
-360.93
502.30
899.80
150.88
1,552.98
0.00
459.13
-503.79
0.00
0.00
0.00
-503.79
-503.79
503.79
-719.42
1,553.69
871.90
150.88
2,576.47
56.74
429.50
1,165.92
0.00
0.00
0.00
1,165.92
1,165.92
-1,165.92
-830.05
1,792.58
3,226.33
349.25
5,368.16
80.29
1,859.15
894.90
0.00
0.00
0.00
894.90
894.90
-894.90
-342.29
-488.10
987.50
0.00
499.40
1.00
493.80
522.40
0.00
0.00
0.00
522.40
522.40
-522.40
342.44
-736.89
829.49
0.00
92.60
0.00
438.83
-935.00
0.00
0.00
0.00
-935.00
-935.00
935.00
338.64
839.45
621.25
0.00
1,460.70
8.57
420.92
-397.08
0.00
0.00
0.00
-397.08
-397.08
397.08
-482.34
781.35
918.75
0.00
1,700.10
0.00
645.36
85.22
0.00
0.00
0.00
85.22
85.22
-85.22
-143.55
395.81
3,356.99
0.00
3,752.80
9.57
1,998.90
849.40
0.00
0.00
0.00
849.40
849.40
-849.40
-69.27
-773.20
467.50
73.97
-231.73
0.00
574.30
757.80
0.00
0.00
0.00
757.80
757.80
-757.80
-72.62
-1,092.61
815.87
14.10
-262.63
97.66
600.00
436.92 557.15 459.13 486.24 1,939.44 494.80 438.83 429.49 645.36 2,008.47 574.30 697.66
86.33
-341.19
Credit
Transfers (net)
647.94
907.80
41.81
1,256.84
542.32
3,396.71
-1,132.02
-254.86 -275.16 -463.28 -358.10 -1,351.39 -470.62 -516.19 -308.04 -422.55 -1,717.40 -385.96 -195.88
494.66
-1,469.66
Debit
Income (net)
617.00
972.04
42.06
1,010.98
289.58
2,931.67
-1,386.31
-975.00 -325.82 -793.55 -349.39 -2,443.76 -860.98 -843.23 -526.32 -371.60 -2,602.13 -116.23 -227.96
Credit
Services (net)
-792.94
-3,259.66
Non-oil
660.80
896.55
42.53
1,235.83
668.67
3,504.39
-1,010.67
-4,238.48 -4,515.06 -4,317.97 -4,528.73 -17,600.24 -3,798.65 -3,541.35 -3,433.67 -3,826.53 -14,600.20 -3,355.89 -3,279.88
542.35
Other Exports
Imports (f.o.b)
1,108.68
39.36
1,462.05
Crude Oil
Gold
766.71
3,919.15
Exports (f.o.b)
-319.33
A. Current Account
2013
2014*
2015**
Q1 Q2 Q3 Q4
Annual
Q1 Q2 Q3 Q4
Annual Q1 Q2
STATISTICAL BULLETIN
29
257.9
238.2
797.9
179.1
109.7
74.9
363.6
851.8
2,540.9
971.3
2,835.1
10,906.3
1,019.6
966.3
908.2
2,894.1
972.0
861.0
866.3
2,699.3
* Revised
**Provisional Data
-215.2 59.6 -36.9 -167.7 -459.5 -152.5 -671.9 -1,383.4 -121.3 -127.8 -217.2 -466.3 -158.5 -233.2 -184.6 -576.3
2,717.9
Trade Balance
908.6
986.3 256.3 823.5 327.4 892.7 268.6 991.5 3,694.0 150.8 134.2 176.7 461.8 196.2 203.4 180.9 580.6
2,812.3
Non-Oil
3,798.7 1,165.0 3,541.4 1,179.2 3,433.7 1,239.9 3,826.5 14,600.2 1,170.4 1,100.5 1,084.9 3,355.9 1,168.2 1,064.4 1,047.3 3,279.9
301.8
2,079.7
732.3 275.2 813.2 261.1 700.6 255.7 593.0 2,839.0 239.4 265.5 276.1 781.1 264.3 288.9 250.2 803.4
691.2
Other Exports /1
298.4
953.7 434.0
1,069.9 289.0 902.1 167.7 799.2 3,725.0 146.0 150.5 148.7 445.1 242.2 181.1 227.9 651.1
178.9
Crude oil
44.8
30.9 16.8 50.2 18.4 51.5 19.3 52.5 185.0 14.8 15.3 17.7 47.8 17.4 15.3 17.0 49.6
506.0
Timber Products
152.3
1,162.9 346.2
1,065.3 398.2
1,141.2 346.3 1,018.8 4,388.1 347.2 283.5 187.1 817.7 306.8 236.2 292.7 835.7
703.7
3,583.4 1,224.6 3,504.5 1,011.5 2,974.2 1,087.4 3,154.6 13,216.8 1,049.2 972.7 867.7 2,889.6 1,009.8 831.2 862.6 2,703.5
Gold
Cocoa Beans
2014* 2015**
30
STATISTICAL BULLETIN
176,001 406,058 74,697 369,497 113,390 391,168 187,696 747,280 1,914,003 141,666 75,316 111,717 328,698 179,853 193,291 165,781
538,925
18,506 65,437 18,543 55,190 20,061 56,650 22,917 60,287 237,563 20,762 17,797 13,484 52,044 13,782 19,472 13,135 46,389
LPG (MT)
1,471,483 4,971,392 2,041,079 5,792,250 1,797,959 5,397,336 1,834,598 6,380,025 22,541,002 1,626,880 1,430,117 1,669,979 4,726,976 1,732,725 1,442,176 1,228,384
4,403,285
33.88 137.43 82.32 170.66 47.00 137.79 27.57 79.33 525.21 23.86 27.15 17.94 68.95 21.26 10.41 22.68
54.35
* Revised
**Provisional Data
Source: Tema Oil Refinery and Volta River Authority
Total
Source: Tema Oil Refinery, National Petroleum Authority and Volta River Authority
Gas (MMBTu)
- - - - - - - - - - - - - - - - -
102,202 391,839 74,884 228,270 160,525 322,090 128,693 319,446 1,261,645 71,208 102,975 124,119 298,302 101,201 92,216 88,706
282,123
Premium (MT)
288,069 1,173,165 706,185 1,470,666 450,000 1,254,498 349,722 974,275 4,872,603 450,408 500,190 327,169
1,277,767 314,669 149,996 332,968
797,633
Source: Tema Oil Refinery, National Petroleum Authority and Volta River Authority
in million US$
2014* 2015**
Mar Q1 Jun Q2
Sep Q3 Dec Q4
Annual Jan Feb Mar Q1
Apr
May Jun Q2
Crude Oil 33.88 137.43 82.32 170.66 47.00 137.79 27.57 79.33 525.21 23.86 27.15 17.94 68.96 21.26 10.41 22.68 54.35
Premium 99.95 374.09 75.50 227.89 153.33 320.94 88.34 254.52 1,177.44 37.20 51.81 74.22 163.23 60.77 60.71 60.87
182.35
Gas Oil 162.20 373.41 67.66 333.59 96.86 343.93 124.86 568.73 1,619.66 67.78 35.80 63.08 166.66 92.54 110.89 96.23 299.66
LPG 15.41 59.09 13.60 42.22 14.92 44.26 12.31 35.11 180.68 6.48 6.41 6.26 19.15 5.88 8.16 5.21 19.25
Aviation Fuel - - - - - - - - - - - - - - - - Gas (West Africa) 12.51 42.29 17.24 49.09 15.31 45.82 15.52 53.77 190.98 15.50 13.07 15.24 43.81 15.81 13.23 13.04 42.08
Total 323.96 944.02 239.08 823.45 327.41 892.75 268.60 991.46 3,693.96 150.82 134.24 176.74 418.00 196.25 203.41 184.99 597.69
STATISTICAL BULLETIN
31
STATISTICAL BULLETIN
32
2013*
2014*
2015**
Q1 Q2 Q3 Q4
Annual Q1 Q2 Q3 Q4
Annual Q1 Q2
Gold
Value
1,462.05
900,356
868,956
1,623.86
763,836
1,141.18
1,018.75
4,388.07
817.73
835.72
826,720
890,629
847,270
3,466,361
666,761
698,016
1,281.32
1,202.39
5,061.84
1,226.41
1,197.28
178.86
460.29
1,848.85
797.87
363.62
986,913 3,520,061
901,741
Cocoa Beans
Value
620.94
495.98
125.20
369.94
1,612.06
703.74
253,983
196,180
50,341
153,908
654,412
294,070
2,444.80
505.96
2,619.66
2,787.52
10,269.05
2,934.96
3,078.27
175.94
230.89
764.03
194.75
189.87
55,738.65
Cocoa products
Value
Volume (metric tons)
Unit Value (US dollars per ton)
145.78
49,510
2,944.39
172.70
164.37
172.38
655.23
174.18
183.02
52,725
49,304
54,147
205,686
56,557
54,661 50,356.05
3,493.87
3,856.84
13,778.72
3,452.23
3,406.49
902.09
799.25
3,724.96
445.13
651.11
Volume (barrels)
Unit value (US dollars per barrel)
1,108.68
896.55
972.04
907.80
3,885.07
953.70 1,069.93
9,941,523 8,812,157 8,827,903 8,466,707 36,048,290 8,751,112 9,719,545 8,800,583 10,711,741 37,982,981 8,712,647 10,537,719
111.52
101.74
110.11
107.22
430.59
108.98
110.08
102.50
74.61
50.22
51.48
396.18
51.09
61.79
39.36
42.53
42.06
41.81
165.76
30.85
52.50
185.05
47.80
50.05
64,166
73,198
69,239
68,464
275,067
54,911
349,292
80,419
91,755
613.39
581.08
607.50
610.65
2,412.62
561.87
566.60
2,139.19
594.35
545.43
Value
6.98
21.44
13.15
11.83
53.40
14.31
8.97
8.53
15.32
47.14
20.75
11.99
3,255
9,638
6,302
6,302
25,497
7,567
6,613
3,900.00
6,048.00
24,128.00
8,283.74
9,152.27
2,187.92
2,532.97
7,969.08
2,504.64
1,310.41
504.75
505.97
Aluminium
2,144.36
Residual oil
Value
27.87
32.59
33.31
408,803
478,910
495,492
68.18
68.04
67.23
39.92
21.42
30.19
22.20
9.06
82.86
15.42
13.99
447,603
330,961
133,447
1,234,242
227,134
211,471
67.44
67.07
67.91
268.88
67.88
66.14
67.48
133.69
270.93
66.46
Manganese
Value
12.00
11.08
12.09
13.82
48.99
15.85
12.29
13.73
13.88
55.74
12.49
13.28
120.04
112.34
141.82
148.13
522.33
130.92
112.68
125.86
127.04
496.50
133.01
141.06
0.10
0.10
0.09
0.09
0.38
0.12
0.11
0.11
0.11
0.45
0.09
0.09
12.00
11.08
12.09
13.82
48.99
15.85
12.29
13.73
13.88
55.74
12.49
13.28
120.04
112.34
141.82
148.13
522.33
130.92
112.68
125.86
127.04
496.50
133.01
141.06
0.10
0.10
0.09
0.09
0.38
0.12
0.11
0.11
0.11
0.45
0.09
0.09
Value
1.25
1.46
1.49
1.56
5.76
3.32
2.80
1.74
1.24
9.10
1.00
1.83
Volume (carats)
24,245
28,494
32,427
37,457
122,623
48,067.27
51.71
51.31
45.88
41.54
190.44
Diamond
43.67
45.28
41.05
176.87
36.36
38.03
9.85
9.28
6.39
36.26
8.24
10.32
906,433
206,001
257,963
Bauxite
Value
6.75
4.83
12.41
8.57
32.56
10.74
172,066
120,712
310,325
214,310
817,413
268,597
39.21
40.00
40.00
40.00
159.21
40.00
40.01
40.00
40.00
160.01
40.00
40.00
487.49
589.41
544.55
572.23
2,193.68
492.44
566.04
469.17
547.07
2,074.72
528.43
562.17
STATISTICAL BULLETIN
33
Q1
Q2
Q3
Q4
Annual
Q1
Q2
Q3
Q4
Annual
Q1
Q2
Q1
2015*
Q2
Q3
Q4
Annual
Q1
Q2
Q3
Q4 Annual
2013 2014
Q1
Q2
2015*
1.1
3.7
0.1
7.0
2.5
1.5
5.2
Germany
Italy
Japan
Netherlands
United Kingdom
United States
Others
0.8
4.2
4.3
1.3
6.2
1.1
2.8
3.2
5.0
6.6
0.7
6.2 15.5
0.8
6.1 10.6
3.7
1.0
2.2
7.3
0.3
4.9
1.2
5.3
4.0
2.5
2.8
6.8
0.6
7.6
1.0
7.8
8.3
1.4
2.2
7.5
0.3
7.3
1.8
5.1
9.4
1.6
3.2
4.9
0.8
4.0
0.6
5.0
5.1
2.7
1.9
4.9
0.5
3.2
0.7
7.3
7.6
1.4
3.2
6.5
0.9
6.4
2.3
7.4
Source: IMF- Direction of Trade Statistics, (various issues) & Bank of Ghana estimates
* Provisional
7.6 17.3 27.2 17.1 17.0 16.6 16.4 16.8 15.1 14.9 19.2 15.8 16.2 15.0 15.3
1.8 2.8 3.2 8.0 9.0 6.9 7.0 7.8 5.7 8.0 6.3 7.1 6.8 9.7 7.9
2.6 1.9 1.5 3.8 3.3 4.5 3.8 3.8 3.7 3.8 3.3 3.3 3.5 2.7 4.0
5.9 8.7 5.9 11.9 10.7 10.6 10.0 10.8 11.6 12.0 11.8 12.4 11.9 6.5 6.9
0.6 1.0 0.7 1.4 0.9 0.9 1.2 1.1 0.9 1.2 0.9 1.1 1.0 0.8 1.3
5.2 6.6 0.9 2.0 2.2 2.5 2.4 2.3 2.8 2.9 1.2 1.3 2.1 1.2 1.9
1.4 1.8 1.0 2.7 2.8 3.3 2.6 2.8 2.4 2.9 3.1 3.0 2.8 2.3 2.4
6.2 2.4 5.6 1.6 1.8 2.3 2.0 1.9 2.3 1.6 2.0 1.6 1.9 1.3 1.8
9.2
France
Trade
Partners
2013 2014
Exports
Imports
34
STATISTICAL BULLETIN
STATISTICAL BULLETIN
35
Table 25. Foreign Exchange Rates (GH per Currency): End Period
Interbank Market
2011
2012
2013
2014
2015
EURO
Japanese Yen
Swiss Franc
EURO
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
1.5013
1.4937
1.5021
1.4972
1.5018
1.5064
1.5055
1.5104
1.5224
1.5326
1.5412
1.5505
2.3571
2.4197
2.4338
2.4874
2.4401
2.4166
2.4528
2.4757
2.4308
2.5020
2.5078
2.4946
2.0402
2.0643
2.1625
2.2180
2.1506
2.1523
2.1547
2.1829
2.1266
2.1949
2.1851
2.1076
0.0180
0.0185
0.0183
0.0186
0.0185
0.0188
0.0194
0.0197
0.0200
0.0198
0.2010
0.0205
1.5695
1.6263
1.6584
1.7438
1.7703
1.8082
1.8817
1.8604
1.7005
1.7890
1.6987
1.6838
1.5052
1.5141
1.5277
1.5286
1.5195
1.5173
1.5146
1.5235
1.5789
1.6030
1.6355
1.6596
2.3491
2.3482
2.4341
2.4387
2.4396
2.4341
2.4309
2.4505
2.4691
2.4223
2.5323
2.5473
2.0073
2.0209
2.1128
2.1319
2.1291
2.1400
2.1241
2.1387
2.1469
2.2112
2.1900
2.1591
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
1.6475
1.6735
1.6888
1.7030
1.8103
1.8735
1.8843
1.8907
1.8887
1.8789
1.8772
1.8800
2.6233
2.6764
2.2600
2.3372
2.3938
2.3919
2.3833
3.0450
3.0411
3.0313
2.9989
3.0574
2.1781
2.2736
2.3025
2.3916
2.3814
2.4121
2.3756
2.4191
2.4501
2.4265
2.4467
2.4769
0.0218
0.0207
0.0211
0.0224
0.0238
0.0239
0.0246
0.0245
0.0246
0.0236
0.0229
0.0219
1.8196
1.8568
1.9192
1.9805
1.9277
1.9914
1.9665
2.0052
2.0312
2.0159
2.0387
2.0585
1.6957
1.7003
1.7666
1.8600
1.9323
1.9491
2.0435
2.0318
1.9900
1.9437
1.9309
1.9628
2.6509
2.6778
2.7882
2.9632
3.0168
3.0327
3.1446
3.1705
3.1773
3.0546
3.0555
3.1060
2.2077
2.2419
2.3423
2.4473
2.4468
2.4473
2.4714
2.4914
2.5423
2.5127
2.4691
2.5550
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
1.8840
1.8864
1.9010
1.9126
1.9408
1.9469
1.9494
1.9559
1.9608
2.0291
2.0822
2.2000
3.0237
2.9065
2.9229
3.0208
2.9780
3.0919
3.1089
3.2290
3.3958
3.3890
3.5196
3.6715
2.5646
2.5108
2.4760
2.5235
2.5691
2.6506
2.7228
2.8452
2.8829
2.9688
2.9715
3.0982
0.0209
0.0207
0.0205
0.0201
0.0195
0.0202
0.0203
0.0203
0.0203
0.0206
0.0204
0.0206
2.0853
2.0560
2.0336
2.1002
2.0660
2.1007
2.1431
2.1430
2.2091
2.2595
2.2971
2.4383
1.9358
1.9389
1.9443
1.9689
2.0014
2.0877
2.1114
2.1277
2.1637
2.2044
2.3136
2.3457
3.0777
2.9728
2.9241
3.0205
3.0350
3.1841
3.1932
3.2514
3.4109
3.4986
3.6896
3.7641
2.5627
2.5755
2.5491
2.5800
2.5996
2.7209
2.7414
2.7918
2.8755
2.9955
3.0959
3.1664
Jan
Feb
Mar
April
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2.3975
2.5232
2.6800
2.7939
2.8920
3.0016
3.0337
3.1333
3.1973
3.1955
3.1955
3.2001
3.9160
4.2197
4.4478
4.7251
4.8375
5.1080
5.1297
5.1949
5.1942
5.1175
5.0341
4.9791
3.2469
3.4676
3.6479
3.8509
3.9393
4.0934
4.0583
4.1278
4.0566
4.0303
3.9933
3.8959
0.0234
0.0247
0.0261
0.0272
0.0285
0.0296
0.0295
0.0302
0.0293
0.0296
0.0471
0.0269
2.6518
2.8415
3.0219
3.1622
3.2279
3.3684
3.3354
3.4239
3.3625
3.3430
3.3211
3.2400
2.4505
2.5727
2.6796
2.8666
3.0346
3.1955
3.6868
3.7941
3.1864
3.2028
3.2378
3.2418
4.0005
4.2459
4.3946
4.7628
5.0455
5.3346
6.1541
6.2714
5.1473
5.1028
5.0382
4.9850
3.2982
3.4932
3.6586
3.8932
4.0973
4.2932
4.8732
4.9937
4.0500
4.1450
4.0382
3.9682
Jan
Feb
Mar
Apr
May
Jun
3.2401
3.4745
3.7472
3.8493
3.9976
4.3274
4.8986
5.3560
5.5483
5.9483
6.1048
6.8208
3.6705
3.9001
4.0582
4.2917
4.3609
4.8424
0.0275
0.0292
0.0312
0.0324
0.0322
0.0354
3.5210
3.6430
3.8697
4.1039
4.2255
4.6697
3.3846
3.4887
3.7682
3.8364
4.0414
4.3741
5.0359
5.3082
5.4973
5.7537
6.1623
6.5241
3.8323
3.9418
4.0400
4.1332
4.4141
4.6023
358.79
870.91
864.52
Non-Paris Club
Other Concessional
704.79
687.80
686.18
686.56
678.08
674.23
611.09
611.09
605.12
567.65
576.01
917.97
885.54
337.32
537.21
1,030.38
893.46
317.82
547.65
1,123.28
1,036.38
339.26
609.46
329.17
545.66
1,475.17 1,427.66
985.91 1,008.61
329.88
548.85
1,271.02
1,072.33
297.79
611.35
1,334.77
1,099.76
487.08
643.01
1,310.40
1,135.85
463.61
647.38
1,376.68
1,209.36
449.34
708.55
458.43
682.00
449.91
609.16
426.59
632.65
457.62
668.99
* Provisional Estimate
International Capital Market 750.00 750.00 750.00 750.00 750.00 750.00 1,530.51 1,530.51 1,530.51 1,530.51 2,530.51 2,530.51 2,530.51 2,530.51
Of which:
473.75
1,364.94 1,387.93 1,394.85 1,708.40 1,751.15 1,768.08 3,182.84 3,339.19 3,418.01 3,566.52 4,474.77 4,959.14 4,944.95 4,789.01
559.38
Commercial Creditors
452.73
2,653.60 2,678.04 2,789.31 3,108.38 3,339.81 3,311.30 3,252.49 3,564.62 3,557.24 3,743.93 3,660.08 4,191.66 4,040.86 4,027.99
Paris Club
Of which:
Bilateral Creditors
IMF
480.21
3,802.72 3,638.37 3,659.00 4,336.81 4,140.50 4,263.61 4,339.01 4,557.92 4,513.63 4,566.08 4,543.77 4,900.73 4,787.14 4,735.65
Multilateral Creditors
Of which:
7,821.26 7,704.34 7,843.16 9,153.59 9,231.46 9,342.99 10,774.34 11,461.73 11,488.88 11,876.42 12,678.62 14,051.53 13,772.95 13,552.65
2012
2013
2014
2015*
Stock As At End
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
Table 26. Ghana: Public and Publicly Guaranteed External Debt: (Millions of US Dollars)
36
STATISTICAL BULLETIN
STATISTICAL BULLETIN
37
Effective Date
May 1, 2011
May 16, 2011
June 1, 2011
June 16, 2011
July 1, 2011
July 16, 2011
August 1, 2011
August 16, 2011
September 1, 2011
September 16, 2011
October 1, 2011
October 16, 2011
November 1, 2011
November 16, 2011
December 1, 2011
December 16, 2011
December 29, 2011
January 16, 2012
February 1, 2012
February 11, 2012
March 1, 2012
March 16, 2012
April 1, 2012
April 16, 2012
May 1, 2012
May 16, 2012
June 1, 2012
June 16, 2012
July 1, 2012
July 16, 2012
October 16, 2014
October 21, 2014
November 1, 2014
November 16, 2014
November 20, 2014
December 1, 2014
December 16, 2014
January 1, 2015
January 16, 2015
February 1, 2015
February 16, 2015
March 1, 2015
March 16, 2015
April 1, 2015
April 9, 2015
April 16, 2015
May 1, 2015
May 16, 2015
June 1, 2015
June 16, 2015
1.5207
1.5207
1.5207
1.5207
1.5207
1.5207
1.5207
1.5207
1.5207
1.5207
1.5207
1.5207
1.5207
1.5207
1.5207
1.5207
1.7548
1.7548
1.7548
1.7080
1.7080
1.7080
1.7080
1.7080
1.7080
1.7080
1.7080
1.7080
1.7080
1.7080
3.3600
3.2900
3.2900
3.2900
3.3900
3.3900
3.3900
3.0500
3.0500
3.0500
3.0500
3.0500
3.0500
3.0500
3.0500
3.0500
3.0500
3.3300
3.3300
3.4700
0.9100
0.9100
0.9100
0.9100
0.9100
0.9100
0.9100
0.9100
0.9100
0.9100
0.9100
0.9100
0.9100
0.9100
0.9100
0.9100
0.9100
0.9100
0.9100
0.9100
0.9100
0.9100
0.9100
0.9100
0.9100
0.9100
0.9100
0.9100
0.9100
0.9100
3.2300
3.1600
3.1600
3.1600
3.2500
3.2500
3.2500
2.8500
2.8500
2.8500
2.8500
2.9200
2.9200
2.9200
2.9200
2.9200
2.9200
3.1900
3.1900
3.3200
1.5346
1.5346
1.5346
1.5346
1.5346
1.5346
1.5346
1.5346
1.5346
1.5346
1.5346
1.5346
1.5346
1.5346
1.5346
1.5346
1.7709
1.7709
1.7709
1.7236
1.7236
1.7236
1.7236
1.7236
1.7236
1.7236
1.7236
1.7236
1.7236
1.7236
3.2700
3.2000
3.2000
3.2000
3.3000
3.3000
3.3000
2.9700
2.9700
2.9700
2.9700
2.9700
2.9700
2.9700
2.9700
2.9700
2.9700
3.2400
3.2400
3.3700
0.8393
0.8393
0.8393
0.8393
0.8393
0.8393
0.8393
0.8393
0.8393
0.8393
0.8393
0.8393
0.8393
0.8393
0.8393
0.8393
0.8393
0.8393
0.8393
0.8393
0.8393
0.8393
0.8393
0.8393
0.8393
0.8393
0.8393
0.8393
0.8393
0.8393
1.5700
1.5700
1.5700
1.5700
1.5700
1.5700
1.5700
1.4100
1.4100
1.4100
1.4100
1.4100
1.4100
1.4100
1.4100
1.4100
1.4100
1.4100
1.4100
1.4100
LPG
(GH/kl.)
1.0476
1.0476
1.0476
1.0476
1.0476
1.0476
1.0476
1.0476
1.0476
1.0476
1.0476
1.0476
1.0476
1.0476
1.0476
1.0476
1.3619
1.3619
1.3619
1.2990
1.2990
1.2990
1.2990
1.2990
1.2990
1.2990
1.2990
1.2990
1.2990
1.2990
3.3200
3.2500
3.2500
3.2500
2.9400
2.9400
2.9400
2.6400
2.6000
2.6000
2.6000
2.6400
2.6400
2.6400
2.6400
2.6400
2.6400
2.8800
2.8800
3.0000
Premix
Fuel
0.5427
0.5427
0.5427
0.5427
0.5427
0.5427
0.5427
0.5427
0.5427
0.5427
0.5427
0.5427
0.5427
0.5427
0.5427
0.5427
0.5427
0.5427
0.5427
0.5427
0.5427
0.5427
0.5427
0.5427
0.5427
0.5427
0.5427
0.5427
0.5427
0.5427
1.5700
1.5700
1.5700
1.5700
1.5700
1.5700
1.5700
1.2869
1.4100
1.4100
1.4100
1.4346
1.4100
1.4100
1.4100
1.4100
1.4100
1.5025
1.4100
1.4508
134.00
174.00
128.40
125.80
143.20
110.40
126.80
115.30
121.50
133.80
Health
Transport
Communications
Education
15.30
1.60
134.30
121.60
115.30
126.90
110.70
160.00
125.80
128.60
183.50
134.30
127.70
15.90
-0.20
135.10
121.50
115.50
127.50
110.80
160.00
127.20
129.70
183.80
135.40
127.90
115.60
16.50
-0.20
135.30
124.20
115.50
127.80
111.00
164.30
128.40
132.50
186.30
137.70
129.30
112.20
16.90
2.70
134.20
129.10
122.50
133.60
115.70
168.80
140.70
138.20
194.90
144.60
134.20
112.20
17.00
0.90
142.40
130.40
122.50
141.50
115.70
168.80
134.20
139.90
195.60
146.30
136.20
113.20
17.00
1.00
142.40
130.40
128.30
143.40
115.70
170.10
136.90
143.00
195.90
150.30
138.60
114.10
16.40
3.40
145.69
133.29
136.43
147.30
117.44
171.14
137.28
146.39
196.97
156.51
142.20
120.53
16.50
1.20
147.87
135.30
139.16
150.77
118.52
173.55
139.49
149.46
198.59
160.93
144.15
121.13
16.60
1.00
150.85
138.55
139.47
150.96
119.77
175.16
142.97
150.52
201.71
161.10
147.13
122.08
16.80
1.80
157.00
142.50
140.02
151.90
121.32
175.92
144.77
154.49
209.16
161.84
148.93
123.90
16.90
1.00
157.64
144.65
140.72
153.77
121.73
177.07
145.48
156.35
210.59
164.24
150.00
125.29
17.10
1.80
159.49
145.55
143.66
156.59
123.64
179.67
147.00
158.44
217.10
166.53
153.22
127.11
6.00 6.00 6.00 6.00 6.00 6.00 6.00 7.00 7.00 7.00 7.00 7.00
7.00
15.00
Year-on-Year
1.60
COMBINED
127.60
117.10
129.00 131.00 130.70 130.50 133.90 135.10 136.40 141.15 142.81 144.30 146.93 148.39
151.02
Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
118.40
Overall Index
2014
2015
Table 28. National Consumer Price Index and Inflation Rates. Monthly Changes by COICOP group
(2012 Average = 100): New Base
38
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39
Table 29. Gross Domestic Product at 2006 Constant Prices: (Millions of Ghana Cedis)
Rate
Rate
Rate
2010
AGRICULTURE
2011
2012 (%)
2013 (%)
Rate
Y-O-Y
Rate
Y-O-Y
6,453.0 6,507.1 6,656.9 2.3 7,034.9 5.7 7,356.4 4.6 1,189.2 3.6 1,172.8 -0.1
0.8 5,204.4
5.9 5,498.6 5.7 702.0 1.8 697.9
-5.6
Crops
4,703.0
4,877.6
4,915.4
of which Cocoa
535.0
771.4
698.5
Livestock
526.0
552.3
581.2
5.2 611.9
5.3 644.2
5.3 163.4
16.5 146.3
13.4
757.0
650.7
694.9
6.8 726.8
4.6 749.6
3.1 196.1 0.2 197.6
6.1
Fishing
467.0
426.5
465.4
9.1 491.8
5.7 464.0
-5.7 127.7 4.7 130.9
9.5
INDUSTRY
-9.5 717.0
2.6 747.8
4.3
na
na
na
na
5,053.0 7,157.1 7,947.5 11.0 8,475.5 6.6 8,551.4 0.9 2,152.3 3.4 2,607.1 15.3
690.0
2,115.5
65.0
1,372.1
Manufacturing
1,984.0
2,320.9
2,366.3
Electricity
170.0
168.9
259.0
267.0
272.9
Construction
1,949.0
2,284.7
SERVICES
na
na
na
na
2.0 2,354.6
-0.5 2,344.5
-0.4 539.8
-0.4 584.4
-1.6
2.2 268.6
-1.6 265.8
-1.0 78.7
16.0 78.1
10.6
11,714.0 12,812.9 14,360.8 12.1 15,798.1 10.0 16,680.1 5.6 4,035.6 4.7 4,527.5 5.3
1,573.0
1,745.8
988.0
1,023.3
1,082.0
5.7 1,347.8
24.6 1,331.9
-1.2 310.9
-7.6 309.1
-10.9
3,014.0
3,345.9
3,653.4
9.2 3,635.0
-0.5 3,668.0 0.9 800.1
-6.7 888.4
-11.3
777.0
909.0
Financial Intermediation
791.0
799.4
1,076.0
1,227.1
1,249.0
1,341.4
1,397.2
4.2 1,514.4
8.4 1,500.1
-0.9 380.9 6.9 435.6
20.5
Education
963.0
999.8
1,066.8
6.7 1,140.0
6.9 1,221.1 7.1 309.8 4.9 325.4
6.3
347.0
364.2
936.0
1,057.0
4.2 1,503.0
36.5 1,367.8
-9.0 365.0 4.6 352.6
-9.8
22,424.0
25,573.4
27,949.9
1,677.0
1,912.6
2,090.3
24,101.0
27,486.0
30,040.3
na
na
na
na
4.0
na
na
na
na
9.3 2,240.1
7.2 2,324.2 3.8
na
na
na
na
7,703.6
4.3
8,214.4
3.9
9.3
9.3
29,993.8
32,233.8
7.3 31,194.2
7.3 33,518.4
4.0
STATISTICAL BULLETIN
40
Table 30. Gross Domestic Product at Current Prices: (Millions of Ghana Cedis)
2010
2011
2012
2013
2014*
2015Q1**
2015Q2**
AGRICULTURE
12,910.0 14,154.8 16,668.2 20,232.0 23,640.4 4,041.6 3,372.5
Crops 9,422.0
10,649.9
12,524.6
15,741.6
18,144.3
2,624.3
1,983.5
1,995.7
1,868.5
1,981.3
2,409.0
na
na
873.0
1,003.8
1,162.0
1,222.9
1,375.1
331.4
285.4
1,549.2
1,879.6
2,018.7
2,841.9
708.7
715.2
Fishing 1,001.0
951.9
1,102.0
1,248.7
1,279.1
377.2
388.4
Livestock
INDUSTRY
8,294.0 14,274.4 20,438.0 25,112.8 30,547.0 8,103.2 9,472.3
Mining and Quarrying 1,013.0
4,689.9
6,960.5
8,503.1
8,639.9
1,355.4
1,635.6
178.0
3,746.3
5,648.9
7,441.4
7,792.9
na
na
Manufacturing 2,941.0
3,842.5
4,263.3
4,800.4
6,122.1
1,436.4
1,699.1
Electricity
266.0
279.7
332.4
393.4
443.0
90.5
91.2
368.0
467.4
511.3
568.2
576.0
151.2
150.2
Construction 3,706.0
4,994.9
8,370.4
10,847.7
14,766.0
5,069.6
5,896.2
SERVICES
22,184.0 27,422.7 35,837.3 44,963.8 53,371.7 14,777.4 19,116.0
Trade; Repair of Vehicles, Household Goods 2,701.0
3,282.3
4,059.9
5,221.9
6,445.3
1,802.2
1,814.1
3,007.4
3,517.4
5,256.2
5,387.0
1,426.5
1,586.8
5,996.9
8,040.7
10,149.0
12,566.5
3,707.9
3,798.9
831.0
988.9
1,590.2
1,571.5
2,441.0
578.9
557.8
2,465.9
3,451.8
5,884.8
7,858.6
2,396.1
5,950.3
2,590.6
3,501.7
3,485.0
3,893.6
1,250.9
1,475.1
3,896.8
4,951.9
5,305.3
5,861.9
1,419.4
1,655.6
Education 1,877.0
2,306.6
3,101.1
3,247.7
3,883.0
985.2
1,032.2
674.0
728.5
921.4
955.8
1,089.8
280.2
337.0
2,158.7
2,701.2
3,886.5
3,945.0
930.1
908.2
54,394.2
70,626.7
87,389.7
103,206.3
25,654.0
28,695.3
5,422.1
4,688.7
6,026.2
9,404.3
3,307.2
3,305.0
59,816.3
75,315.4
93,415.9
112,610.6
28,961.1
32,000.3
* Finalized
** 2012 Revised
*** FISIM is a negetive term
Source: Ghana Statistical Service
STATISTICAL BULLETIN