Publication |
2013.
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Summary/Abstract |
ON 5 NOVEMBER 2010, GHANA STATISTICAL SERVICES announced that it was revising the GDP estimates upwards by over 60 percent, suggesting that in previous GDP estimates economic activities worth about US$13 billion had been missed. After the revision a range of new activities were accounted for, and as a result Ghana was suddenly upgraded from a low-income country to a lower-middle-income country. In the fall of 2011 Nigeria also announced a forthcoming upward revision of its GDP. Without presenting the public with any facts or figures, nor a date for the revision, it was announced by the director of the Nigerian Bureau of Statistics that Nigeria soon would join Ghana in escaping poverty according to official statistics.
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