As of the fourth quarter of 2023, the Ashanti region had the largest number of authorized and operating FM stations in Ghana, at 111 stations and 88 stations, respectively. Additionally, the Western and Greater Accra regions registered higher FM stations in operation, compared to other regions. Overall, Ghana had nearly 750 authorized FM stations in the said period, comprising public, community, campus and commercial ones.

In September 2023, prices of food and non-food fell the most in the Upper East region of Ghana, reaching an inflation rate of minus 0.5 percent. On the other hand, as of the same date, the highest monthly inflation rate was registered in the Greater Accra region with 3.2 percent, followed by the Eastern region at 3.1 percent. Overall, three regions recorded an inflation rate above the national average.

In September 2023, at the regional level, the Eastern region of Ghana had the highest Consumer Price Index (CPI) with regard to food and non-alcoholic beverages, at 252.3 points. As of the same year, the Upper East region registered the lowest CPI (177.4 points) compared to other regions of the country.

As of September 2023, the year-on-year inflation rate for food and non-food in Ghana was highest in the Eastern region, which registered 49.9 percent. As of the same date, the Ashanti region recorded the lowest yearly rate in prices of goods and services in the country at 31.2 percent.

In the second quarter of 2023, Ghana imported most of its merchandise from the Far East, covering 33.6 percent of the total imports. The European Union (EU) followed, at 23 percent. Within the quarters observed, the Far East and the European Union (EU) led Ghana's merchandise import regions.

China in the import lead

Ghana is one of the African countries mainly importing from China, after Nigeria, South Africa, and Egypt. The East Asian country was Ghana’s leading import trade partner in 2019, accounting for 24 percent of the country’s imports. In 2020, Ghana’s imports from China reached more than 6.7 billion U.S. dollars, representing an increase of around 37 percent compared to the preceding year. Specifically, food products imported from China amounted to approximately 207 million U.S. dollars.

Ghanaians import motor vehicles

Goods imported into Ghana reached a total of 13.6 billion U.S. dollars in 2021. Manufactured goods registered the highest import value compared to other commodities such as agricultural products, fuels, and mining products. For instance, imports of motor cars and transport vehicles used to transport persons and goods amounted to about 1.3 billion U.S. dollars in 2019, representing the leading imported product in the country.

As of 202, the Greater Accra region recorded the highest level of petroleum product consumption in Ghana, nearly 1.45 million metric tons. The Ashanti and Western regions followed, with around 753,000 and 701,000 metric tons of consumed petroleum products, respectively. On the other hand, Upper West achieved the lowest level of consumption, at 50,900 metric tons. The petroleum products considered include automotive gas oil, Aviation Turbine Kerosene, premix, kerosene, naphtha, heavy fuel oil, and residual fuel oil. Overall, in 2023, Ghana registered petroleum receipts of approximately 466.9 million U.S. dollars.

In 2020, the unemployment rate in Ghana was at approximately 3.06 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.

Between 1991 and 2023, the average monthly rainfall in Ghana reached its highest at nearly 178 millimeters, in September. On the other hand, the lowest levels of precipitation were in January, at 9.32 millimeters. Moreover, within the period of April and October, the most elevated levels of rain were registered. Overall, average monthly temperatures were higher between February and May.