Quote of President Kufuor
?We are already currently at around 600 United States dollars per capita income and this is confirmed by the World Bank. Unfortunately our statistical department till recently has not been able to confirm that we are beyond $ 470 that has been sort of taunted around for so long. But we are sure and aware that we are beyond the 600 bracket and this is confirmed by the IMF. The ministry of finance on its recent calculation is also confirming this?Ghana: World Development Indicators database, World Bank, 15 July 2005
GNP per Capita (US$) = Gross National Income(Atlas method, US$)Year | 1967 | 1997 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 |
GNP per capita | 800 | 370 | 390 | 350 | 290 | 270 | 320 | 380 | - |
GDP per capita
Gross domestic product divided by mid year population.GDP: The sum of value added by all resident producers in the economy plus any product taxes (less subsidies) not included in the valuation output. It is calculated without making deductions for depreciation of fabricated capital assets or for depletion and degradation of natural resources.
Year | 1975 | 1980 | 1985 | 1990 | 1995 | 2000 | 2002 |
GDP per capita (PPP-dollar) | 720 | 960 | 1 030 | 1 330 | 1 620 | 1 970 | 2 130 |
GNI (previously known as GNP) - Gross National Income per capita (PPP$)
PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates.Year | 1975 | 1980 | 1985 | 1990 | 1995 | 2000 | 2002 |
GNI- Gross National Income per capita (PPP$) (Current PPP$) | 710 | 960 | 1 010 | 1 300 | 1 590 | 1 910 | 2 080 |
Gross national income (GNI) Formerly gross national product or GNP. (GNI) is made up of GDP plus the net income earned from investments abroad (minus similar payments made to non-residents who contribute to the domestic economy).
GNI at purchasing power parity (PPP) is the GNI converted into a rate of exchange that allows a standard comparison of price levels between countries. One PPP dollar has the same purchasing power in the domestic economy that the U.S. dollar has over U.S. economy.