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.

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 250 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

CEIC converts Monthly Earnings into USD. Ghana Statistical Service provides Monthly Earnings in local currency. The Bank of Ghana average market exchange rate is used for currency conversions.


Further information about Ghana Monthly Earnings

• In the latest reports, Ghana Population reached 31 million people in Dec 2020
• Unemployment Rate of Ghana dropped to 3 % in Dec 2024
• The country's Labour Force Participation Rate dropped to 63 % in Dec 2024

As of 2022, the daily minimum wage in Ghana stood at ***** Ghanaian cedis (GHS) (approximately *** U.S. dollars), representing an increase of one cedi (around **** 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 2023 people in Ghana employed in the field of executive management and change received the highest average salary of ****** U.S. dollars per year. Engineering and financial service professionals followed, with ****** and ****** 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 ***** U.S. dollars per year.