s/n | Variable data | Description | Period | Source |
1 | GDP | The data is published annual I have adjusted it for monthly periods | 1998-2017 | Ghana Statistical Service |
2 | Interest rate | data are presented as the same as from source | 1998-2017 | Bank of Ghana |
3 | inflation rate | data are presented as the same as from the source | 1998-2017 | Ghana Statistical Service |
4 | exchange rate | data are presented as the same as from the source | 1998-2017 | Bank of Ghana, Ghana Ministry of finance |
5 | international oil price | adjusted | 1998-2017 | World Bank |
6 | FDI | data is in the percentage of Ghana’s GDP | 1998-2017 | Ghana Investment and promotion cancel |
7 | Trade Openness | this is calculated as (Export + Import)/GPD | 1998-2017 | World Bank |