In 2019, the individual living wage in Ghana amounted to 900 Ghana cedis (GHS) (approximately 154.78 U.S. dollars) per month, which was an increase of 40 GHS (around 6.87 U.S. dollars) compared to the previous year. Overall, the individual monthly living wage in the country grew from 880 GHS (roughly 151.12 U.S. dollars) in 2015 to 900 GHS in 2018.

As of 2023 people in Ghana employed in the field of executive management and change received the highest average salary of 70,000 U.S. dollars per year. Engineering and financial service professionals followed, with 52,000 and 33,000 U.S. dollars of annual earnings, respectively. According to the source, the lowest salary was received by individuals working in the area of logistics, operations and purchasing, as this amounted to 6,500 U.S. dollars per year.

In 2022, the base pay in Ghana amounted to 11.34 Ghanaian cedis (GHS) (approximately 0.92 U.S. dollars), registering an increase of 0.74 GHS (around 0.06 U.S. dollars) compared to 2021. Overall, contrary to the period between 2010 and 2013 which recorded a daily base pay higher than the daily minimum wage in Ghana, the period from 2014 to 2022 registered a base salary lower than the minimum wage.

Minimum Wages in Ghana increased to 19.97 GHS/Day in 2025 from 18.15 GHS/Day in 2024. This dataset includes a chart with historical data for Ghana Daily Minimum Wage.

Key information about Ghana Monthly Earnings

• Ghana Monthly Earnings stood at 242 USD in Dec 2015, compared with the previous figure of 250 USD in Dec 2013
• Ghana Monthly Earnings data is updated yearly, available from Dec 2013 to Dec 2015, with an average number of 246 USD
• The data reached the an all-time high of 250 USD in Dec 2013 and a record low of 242 USD in Dec 2015

• In the latest reports, Ghana Population reached 31 million people in Dec 2020
• Unemployment Rate of Ghana increased to 4 % in Dec 2023
• The country's Labour Force Participation Rate dropped to 69 % in Dec 2023

Ghana GH: Survey Mean Consumption or Income per Capita: Bottom 40% of Population: Annualized Average Growth Rate data was reported at -0.200 % in 2016. Ghana GH: Survey Mean Consumption or Income per Capita: Bottom 40% of Population: Annualized Average Growth Rate data is updated yearly, averaging -0.200 % from Dec 2016 (Median) to 2016, with 1 observations. Ghana GH: Survey Mean Consumption or Income per Capita: Bottom 40% of Population: Annualized Average Growth Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ghana – Table GH.World Bank.WDI: Poverty. The growth rate in the welfare aggregate of the bottom 40% is computed as the annualized average growth rate in per capita real consumption or income of the bottom 40% of the population in the income distribution in a country from household surveys over a roughly 5-year period. Mean per capita real consumption or income is measured at 2011 Purchasing Power Parity (PPP) using the PovcalNet (http://iresearch.worldbank.org/PovcalNet). For some countries means are not reported due to grouped and/or confidential data. The annualized growth rate is computed as (Mean in final year/Mean in initial year)^(1/(Final year - Initial year)) - 1. The reference year is the year in which the underlying household survey data was collected. In cases for which the data collection period bridged two calendar years, the first year in which data were collected is reported. The initial year refers to the nearest survey collected 5 years before the most recent survey available, only surveys collected between 3 and 7 years before the most recent survey are considered. The final year refers to the most recent survey available between 2011 and 2015. Growth rates for Iraq are based on survey means of 2005 PPP$. The coverage and quality of the 2011 PPP price data for Iraq and most other North African and Middle Eastern countries were hindered by the exceptional period of instability they faced at the time of the 2011 exercise of the International Comparison Program. See PovcalNet for detailed explanations.; ; World Bank, Global Database of Shared Prosperity (GDSP) circa 2010-2015 (http://www.worldbank.org/en/topic/poverty/brief/global-database-of-shared-prosperity).; ; The comparability of welfare aggregates (consumption or income) for the chosen years T0 and T1 is assessed for every country. If comparability across the two surveys is a major concern for a country, the selection criteria are re-applied to select the next best survey year(s). Annualized growth rates are calculated between the survey years, using a compound growth formula. The survey years defining the period for which growth rates are calculated and the type of welfare aggregate used to calculate the growth rates are noted in the footnotes.

The gross national income (GNI) per capita in Ghana reached 2,350 U.S. dollars in 2022, increasing by 50 U.S. dollars from the preceding year. The value has followed an increasing trend since 2017, when the per capita income stood at 1,880 U.S. dollars.

Ghana Avg Monthly Earnings: Other Occupations data was reported at 1,162.500 GHS in 2015. This records a decrease from the previous number of 3,294.810 GHS for 2013. Ghana Avg Monthly Earnings: Other Occupations data is updated yearly, averaging 2,228.655 GHS from Dec 2013 (Median) to 2015, with 2 observations. The data reached an all-time high of 3,294.810 GHS in 2013 and a record low of 1,162.500 GHS in 2015. Ghana Avg Monthly Earnings: Other Occupations data remains active status in CEIC and is reported by Ghana Statistical Service. The data is categorized under Global Database’s Ghana – Table GH.G009: Average Monthly Earnings.

Ghana GH: Proportion of People Living Below 50 Percent Of Median Income: % data was reported at 20.600 % in 2016. This records an increase from the previous number of 18.000 % for 2012. Ghana GH: Proportion of People Living Below 50 Percent Of Median Income: % data is updated yearly, averaging 16.300 % from Dec 1987 (Median) to 2016, with 7 observations. The data reached an all-time high of 20.600 % in 2016 and a record low of 13.000 % in 1988. Ghana GH: Proportion of People Living Below 50 Percent Of Median Income: % data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ghana – Table GH.World Bank.WDI: Social: Poverty and Inequality. The percentage of people in the population who live in households whose per capita income or consumption is below half of the median income or consumption per capita. The median is measured at 2017 Purchasing Power Parity (PPP) using the Poverty and Inequality Platform (http://www.pip.worldbank.org). For some countries, medians are not reported due to grouped and/or confidential data. The reference year is the year in which the underlying household survey data was collected. In cases for which the data collection period bridged two calendar years, the first year in which data were collected is reported.;World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org.;;The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than 2000 household surveys across 169 countries. See the Poverty and Inequality Platform (PIP) for details (www.pip.worldbank.org).

As of 2022, the daily minimum wage in Ghana stood at 13.53 Ghanaian cedis (GHS) (approximately 1.1 U.S. dollars), representing an increase of one cedi (around 0.08 U.S. dollars) from the previous year. The minimum wage in the country progressively increased from 2010 onwards. Moreover, in 2022, the base pay in Ghana increased along with the minimum wage. Overall, the 2003 Labor Act mandates the Ghana National Tripartite Committee to determine the national daily minimum wage.

As of 2024, Morocco had the highest average monthly salaries in Africa. Employees in the country earned around 2,030 U.S. dollars per month. South Africa and Tunisia followed, with average monthly salaries amounting to 2,026 U.S. dollars and 1,348 U.S. dollars, respectively.

Ghana Avg Monthly Earnings: Craft and Related Trades Workers data was reported at 1,071.770 GHS in 2015. This records an increase from the previous number of 485.520 GHS for 2013. Ghana Avg Monthly Earnings: Craft and Related Trades Workers data is updated yearly, averaging 778.645 GHS from Dec 2013 (Median) to 2015, with 2 observations. The data reached an all-time high of 1,071.770 GHS in 2015 and a record low of 485.520 GHS in 2013. Ghana Avg Monthly Earnings: Craft and Related Trades Workers data remains active status in CEIC and is reported by Ghana Statistical Service. The data is categorized under Global Database’s Ghana – Table GH.G009: Average Monthly Earnings.

Ghana GH: GDP: Growth: Adjusted Net National Income per Capita data was reported at -2.632 % in 2016. This records a decrease from the previous number of 7.043 % for 2015. Ghana GH: GDP: Growth: Adjusted Net National Income per Capita data is updated yearly, averaging 3.234 % from Dec 2007 (Median) to 2016, with 10 observations. The data reached an all-time high of 8.885 % in 2013 and a record low of -10.736 % in 2014. Ghana GH: GDP: Growth: Adjusted Net National Income per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ghana – Table GH.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).; Weighted average;

As of the second quarter of 2023, the government of Ghana expenditure on public sector wages reached a total of 21.2 billion Ghanaian cedis, roughly 1.78 billion U.S. dollars. In 2022, the nation spent around 32.96 billion GHS - some 2.76 billion U.S. dollars - on employee wages and salaries.

Ghana GH: Deposit Takers: Gross Income: Interest Income: Income: Gross data was reported at 15,493.074 GHS mn in 2017. This records an increase from the previous number of 13,539.523 GHS mn for 2016. Ghana GH: Deposit Takers: Gross Income: Interest Income: Income: Gross data is updated yearly, averaging 4,321.040 GHS mn from Dec 2008 (Median) to 2017, with 10 observations. The data reached an all-time high of 15,493.074 GHS mn in 2017 and a record low of 1,252.302 GHS mn in 2008. Ghana GH: Deposit Takers: Gross Income: Interest Income: Income: Gross data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Ghana – Table GH.IMF.FSI: Sectoral Financial Statement: Income and Expense: Annual.

At the lower-middle-income level, the poverty rate in Ghana was forecast at 26.8 percent in 2021, meaning this share of the population lived up on 3.20 U.S. dollars per day. Considering the upper-middle-income level, at 5.50 U.S. dollars per day, the poverty rate was forecast at 51.7 percent. The values changed slightly compared to the previous years in analysis. This means that the rate of poverty in Ghana was not expected to experience drastic changes in the years following 2019. The coronavirus (COVID-19) pandemic and its impact on economic activities could be attributed to the unimproved poverty levels registered in the country.

In 2023, Total Petroleum Ghana registered revenue amounting to just over six billion Ghanaian cedis (GHS) (around 3.9 billion U.S. dollars) at the company level. In the full year 2022, the value reached 5.67 billion Ghanaian cedis (GHS). These represented a rise compared to the other years observed. Total Ghana is one of the leading marketing companies in petroleum products in Ghana, besides Ghana Oil Company Limited (GOIL).

In the second quarter of 2023, government of Ghana revenue from oil amounted to around 5.95 billion Ghanaian cedis (GHS), roughly 498 million U.S. dollars. In the full year 2022, approximately 12 billion GHS of oil revenue, some one billion U.S. dollars, was registered. Overall, Ghana had a crude oil production capacity of more than 173 thousand barrels per day as of May 2023.

In 2023, Ghana Oil Company Limited (GOIL) registered revenue amounting to around 12.3 billion Ghanaian cedis (GHS) (around 796.4 million U.S. dollars) at the company level. This represented a significant increase in income compared to the years preceding 2022. GOIL is one of the main marketing companies in petroleum products in Ghana.

Ghana Employment: 15 Years and Above: Urban: Male data was reported at 2,957,789.000 Person in Sep 2023. This records a decrease from the previous number of 3,000,602.000 Person for Jun 2023. Ghana Employment: 15 Years and Above: Urban: Male data is updated quarterly, averaging 2,820,395.000 Person from Mar 2022 (Median) to Sep 2023, with 7 observations. The data reached an all-time high of 3,000,602.000 Person in Jun 2023 and a record low of 2,631,997.000 Person in Jun 2022. Ghana Employment: 15 Years and Above: Urban: Male data remains active status in CEIC and is reported by Ghana Statistical Service. The data is categorized under Global Database’s Ghana – Table GH.G007: Employment: Annual Household Income and Expenditure Survey.