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2008 Indicator Analysis  |  2007  |  2006  |  2005  |  2004

Data Year


Report Published Indicator Analysis


Gold, Bauxite, Manganese
Current EITI Status

Report Quality Analysis

Report Compiled by   BOAS and Associates

EITI report   Download PDF


Company Payments


Government Receipts


GDP, 2008 BILLION $ source


Total Government Revenue (% of GDP)


Reported EI Revenue
(% of Total Revenue)


CommodityEITI Production VolumesUnitsIndep. Source Production VolumesUnitsPrice from EITI ReportPer UnitIndep. Reference PricePer UnitTotal Company PaymentsTotal Gov't ReceiptsNotes
kgs80,503kgs 1
$/kg30,829.44$/kg 1$85,581,042$85,932,223
mts737,693mts 1
$/mt34.17$/mt 2$447,375$445,892
mts1,090,000mts 1
$/mt12.15$/mt 1$3,955,052$3,955,052
2 USGS est.
   EITI report failed to provide this commodity-specific data.

Report Quality Indicators

1. Regularity

a) score0.71 
b) total reports / implementing years5/7 

2. Timeliness

Lag between fiscal year of data and publication year.2 

3. Materiality

Report clearly defines a materiality threshold.Yes The large mining companies responsible for 99% of royalty payments are required to report.

4. Data Reliability

Report contains audited data from:  
a) companiesYes  
b) governmentYes The Validation report advises that government data is audited.

5. Coverage

Revenue data includes the following revenue streams:  
a) royaltiesYes  
b) taxesYes 
c) surface, rental or license feesYes 
d) bonusesNo  
e) state-owned enterprise (SOE) paymentsN/A Ghana had no SOE in 2008.
f) Report covers all extractive sector companies.Yes Includes all companies required to report per materiality clause (11 of 27 total).
g) Report states the price of any product received or sold by government.No  
h) Report states the quantity of resources produced.No  

6. Discrepancies

Report contains:  
a) information on the cause of revenue discrepancies.Yes  
b) reconciled data following the correction of discrepancies.No  

7. SOE Revenue Flow

SOE Revenue Flow data is clearly explained in the report.N/A  

8. Disaggregation

Report provides financial data on individual:  
a) companiesYes  
b) revenue streamsYes  
c) projectsNo  
d) commoditiesYes Commodity totals are clear thanks to the level of company detail provided.

9. Comprehensibility

Report contains:  
a) a summary with key findings and revenue totalsYes 
b) clear indication of what currencies and units of measurement are used Yes 
c) written explanation of key findings and recommendationsYes  
d) a clear definition of termsNo Definitions in the report are vague.

10. Accessibility

Report is available:  
a) in at least one official languageYes  
b) on a government websiteYes 

Related Indicators

Revenue Watch Index, 201032.3 
Corruption Perception Index, 2010 62/178 
Open Budget Survey, 201054 

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