Unemployment Rate in Ghana decreased to 3 percent in 2024 from 3.10 percent in 2023. This dataset provides - Ghana Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment, total (% of total labor force) (modeled ILO estimate) in Ghana was reported at 3.007 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ghana - Unemployment, total - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Unemployment, youth male (% of male labor force ages 15-24) (modeled ILO estimate) in Ghana was reported at 5.505 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ghana - Unemployment, youth male (% of male labor force ages 15-24) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

The total unemployed population in Ghana was estimated to reach some 592,000 in 2024, slightly increasing from the preceding year, when around 582,000 people were not in any form of employment. In 2015, the peak of unemployment was observed in the country. Overall, the rate of unemployment has been following a downward trend.

Ghana Google Search Trends: Economic Measures: Unemployment data was reported at 25.000 Score in 14 May 2025. This records an increase from the previous number of 22.000 Score for 13 May 2025. Ghana Google Search Trends: Economic Measures: Unemployment data is updated daily, averaging 0.000 Score from Dec 2021 (Median) to 14 May 2025, with 1261 observations. The data reached an all-time high of 100.000 Score in 04 Jun 2024 and a record low of 0.000 Score in 02 May 2025. Ghana Google Search Trends: Economic Measures: Unemployment data remains active status in CEIC and is reported by Google Trends. The data is categorized under Global Database’s Ghana – Table GH.Google.GT: Google Search Trends: by Categories.

In 2024, the youth unemployment rate in Ghana remained nearly unchanged at around 5.41 percent. Still, 2024 marked the fourth consecutive decline of the youth unemployment rate. The youth unemployment rate refers to the share of the economically active population aged 15 to 24 currently without work but in search of employment. The youth unemployment rate does not include economically inactive persons such as the long-term unemployed or full-time students.Find more statistics on other topics about Ghana with key insights such as labor participation rate among the total population aged between 15 and 64, labor force participation rate for males, and employment level in services as a share of total employment.

Unemployment, male (% of male labor force) (modeled ILO estimate) in Ghana was reported at 2.684 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ghana - Unemployment, male - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Ghana Google Search Trends: Government Measures: Unemployment Benefits data was reported at 0.000 Score in 15 May 2025. This stayed constant from the previous number of 0.000 Score for 14 May 2025. Ghana Google Search Trends: Government Measures: Unemployment Benefits data is updated daily, averaging 0.000 Score from Dec 2021 (Median) to 15 May 2025, with 1262 observations. The data reached an all-time high of 67.000 Score in 07 Jun 2022 and a record low of 0.000 Score in 15 May 2025. Ghana Google Search Trends: Government Measures: Unemployment Benefits data remains active status in CEIC and is reported by Google Trends. The data is categorized under Global Database’s Ghana – Table GH.Google.GT: Google Search Trends: by Categories.

In 2020, the unemployment rate in Ghana was at approximately 3.01 percent of the total labor force. The unemployment rate is the percentage of a country's labor force that are without jobs but are available to work and actively seeking employment. Ghana’s unemployment rate is above the worldwide unemployment rate, and compared to other Sub-Saharan African countries and other regions, Ghana has a relatively average rate of unemployment. Ghana’s population Due to the nature of its economy and its population size of over 30 million people, Ghana’s estimated GDP per capita amounts to just over 2,200 U.S. dollars in 2018 and forecast to rise continually over the next few years. Almost half of the country’s population works in the services sector, and around 33 percent work in agriculture. The population is relatively young, with only around 3 percent of the total population aged 65 years or older. Ghana’s hopeful future One of the most important economic centers of its region, Ghana’s GDP is at over 65 billion U.S. dollars, and it is projected to grow to over 97 billion U.S. dollars by 2024. Ghana is a country with several valuable natural resources, including gold, petroleum, cocoa, and natural gas. The country’s economy is particularly focused on manufacturing and exporting digital technology goods, and industrial materials. Ghana utilizes these exports domestically as well; its mixed economy is increasingly digital based. A regional leader, it has the goal of being the first African nation to become a developed country in the next decade. There are several positive indications encouraging this possibility, such as that GDP has grown each year, albeit at inconsistent rates.

South Africa is expected to register the highest unemployment rate in Africa in 2024, with around ** percent of the country's labor force being unemployed. Djibouti and Eswatini followed, with unemployment reaching roughly ** percent and ** percent, respectively. On the other hand, the lowest unemployment rates in Africa were in Niger and Burundi. The continent’s average stood at roughly ***** percent in the same year. Large shares of youth among the unemployed Due to several educational, socio-demographic, and economic factors, the young population is more likely to face unemployment in most regions of the world. In 2024, the youth unemployment rate in Africa was projected at around ** percent. The situation was particularly critical in certain countries. In 2022, Djibouti recorded a youth unemployment rate of almost ** percent, the highest rate on the continent. South Africa followed, with around ** percent of the young labor force being unemployed. Wide disparities in female unemployment Women are another demographic group often facing high unemployment. In Africa, the female unemployment rate stood at roughly ***** percent in 2023, compared to *** percent among men. The average female unemployment on the continent was not particularly high. However, there were significant disparities among African countries. Djibouti and South Africa topped the ranking once again in 2022, with female unemployment rates of around ** percent and ** percent, respectively. In contrast, Niger, Burundi, and Chad were far below Africa’s average, as only roughly *** percent or lower of the women in the labor force were unemployed.

Unemployment, female (% of female labor force) (modeled ILO estimate) in Ghana was reported at 3.341 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ghana - Unemployment, female - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

As of 2023, nearly ************* people in Ghana lived in extreme poverty, with the poverty threshold at **** U.S. dollars a day. This stood as a decrease from the previous year, when over ************* people lived in the said state of poverty. The headcount was expected to keep the declining trend by 2025, when around *********** Ghanaians might live on a maximum of **** U.S. dollars per day.

Unemployment, youth female (% of female labor force ages 15-24) (modeled ILO estimate) in Ghana was reported at 5.318 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ghana - Unemployment, youth female (% of female labor force ages 15-24) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

In 2021, the inflation rate in Ghana amounted to about 9.98 percent compared to the previous year. Ghana’s inflation peaked at almost 17.5 percent in 2016 and is predicted to decrease to 8 percent by 2030. Steady is best for inflationAccording to economists, a steady inflation rate between two and three percent is desirable to achieve a stable economy in a country. Inflation is the increase in the price level of consumer goods and services over a certain time period. A high inflation rate is often caused by excessive money supply and can turn into hyperinflation, i.e. if inflation occurs too quickly and rapidly, it can devalue currency and cause a recession and even economic collapse. This scenario is currently taking place in Venezuela , for example. The opposite of inflation, the decrease in the price level of goods and services below zero percent, is called deflation. While hyperinflation devalues money, deflation usually increases its value. Both events can damage an economy severely. Is Ghana’s economy at risk?Ghana’s economy is considered quite stable and fast-growing, and is rich in oil, diamonds, and gold. After struggling in the years around 2015 due to increased government spending and plummeting oil prices, it is now on an upswing again. This is also reflected in the decreasing inflation rate, and other key indicators like unemployment and rapid GDP growth support this theory. However, Ghana’s government debt is still struggling with the consequences of the 2015 crisis and forecast to keep skyrocketing during the next few years.

Employment in industry (% of total employment) (modeled ILO estimate) in Ghana was reported at 17.71 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ghana - Employment in industry (% of total employment) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

ghana - Youth Unemployment Rate for Ghana was 5.41% in January of 2024, according to the United States Federal Reserve. Historically, ghana - Youth Unemployment Rate for Ghana reached a record high of 6.12 in January of 2021 and a record low of 5.41 in January of 2024. Trading Economics provides the current actual value, an historical data chart and related indicators for ghana - Youth Unemployment Rate for Ghana - last updated from the United States Federal Reserve on July of 2025.

Employment to population ratio, 15+, total (%) (modeled ILO estimate) in Ghana was reported at 61.14 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ghana - Employment to population ratio, 15+, total - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Employment to population ratio, ages 15-24, total (%) (modeled ILO estimate) in Ghana was reported at 35.6 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ghana - Employment to population ratio, ages 15-24, total - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Employment in services (% of total employment) (modeled ILO estimate) in Ghana was reported at 46.92 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ghana - Employment in services (% of total employment) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Employers, male (% of male employment) (modeled ILO estimate) in Ghana was reported at 3.6051 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ghana - Employers; male (% of employment) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.