Ghana Unemployment Rate
1991 - 2020 | Yearly | % | CEIC Data
Ghana Unemployment Rate increased to 4.51 % in Dec 2020, from the previously reported number of 4.33 % in Dec 2019. Ghana Unemployment Rate is updated yearly, available from Dec 1991 to Dec 2020, with an average rate of 5.72 %. The data reached an all-time high of 10.36 % in Dec 2000 and a record low of 4.16 % in Dec 2018. The data is reported by reported by CEIC Data.
In the latest reports, Ghana Population reached 31.07 million people in Dec 2020. Monthly Earnings of Ghana stood at 242.01 USD in Dec 2015. The country's Labour Force Participation Rate dropped to 67.68 % in Dec 2020.
View Ghana's Unemployment Rate from 1991 to 2020 in the chart:
What was Ghana's Unemployment Rate in 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 4.51 2020 | 4.33 2019 | 4.16 2018 | 10.36 2000 | % | yearly | 1991 - 2020 |
Unemployment Rate by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 11.60 Sep 2020 | quarterly | Mar 2012 - Sep 2020 |
| Algeria (%) | 11.70 Sep 2017 | quarterly | Jun 2014 - Sep 2017 |
| Argentina (%) | 13.10 Jun 2020 | quarterly | Dec 2002 - Jun 2020 |
| Armenia (%) | 18.10 Sep 2020 | quarterly | Mar 2008 - Sep 2020 |
| Australia (%) | 7.00 Oct 2020 | monthly | Feb 1978 - Oct 2020 |
| Austria (%) | 5.52 Sep 2020 | monthly | Jan 1993 - Sep 2020 |
| Azerbaijan (%) | 6.94 Sep 2020 | quarterly | Mar 2008 - Sep 2020 |
| Bahrain (%) | 4.30 2016 | yearly | 1991 - 2016 |
| Bangladesh (%) | 5.30 2020 | yearly | 1991 - 2020 |
| Belarus (%) | 0.20 Dec 2020 | monthly | Oct 2004 - Dec 2020 |
| Belgium (%) | 5.20 Sep 2020 | monthly | Jan 1983 - Sep 2020 |
| Bolivia (%) | 3.40 2017 | yearly | 1999 - 2017 |
| Bosnia and Herzegovina (%) | 15.70 2019 | yearly | 2006 - 2019 |
| Botswana (%) | 18.72 2020 | yearly | 1991 - 2020 |
| Brazil (%) | 14.10 Nov 2020 | monthly | Mar 2012 - Nov 2020 |
| Brunei (%) | 8.37 2020 | yearly | 1991 - 2020 |
| Bulgaria (%) | 5.20 Dec 2020 | quarterly | Mar 2000 - Dec 2020 |
| Cambodia (%) | 0.10 2017 | yearly | 2007 - 2017 |
| Canada (%) | 8.90 Oct 2020 | monthly | Jan 1976 - Oct 2020 |
| Chile (%) | 11.60 Oct 2020 | monthly | Mar 2009 - Oct 2020 |
| China (%) | 4.24 Dec 2020 | quarterly | Dec 1999 - Dec 2020 |
| Colombia (%) | 15.77 Sep 2020 | monthly | Jan 2001 - Sep 2020 |
| Croatia (%) | 7.50 Sep 2020 | quarterly | Mar 2000 - Sep 2020 |
| Cyprus (%) | 8.00 Sep 2020 | monthly | Jan 2000 - Sep 2020 |
| Czech Republic (%) | 2.79 Sep 2020 | monthly | Jan 1993 - Sep 2020 |
| Denmark (%) | 5.80 Oct 2020 | monthly | Jan 2007 - Oct 2020 |
| Ecuador (%) | 6.64 Sep 2020 | quarterly | Dec 2013 - Sep 2020 |
| Egypt (%) | 7.20 Dec 2020 | quarterly | Mar 2003 - Dec 2020 |
| Estonia (%) | 7.70 Sep 2020 | quarterly | Mar 1989 - Sep 2020 |
| European Union (%) | 6.20 Jan 2020 | monthly | Jan 2000 - Jan 2020 |
| Finland (%) | 8.20 Dec 2020 | monthly | Jan 1988 - Dec 2020 |
| France (%) | 8.00 Dec 2020 | quarterly | Mar 1975 - Dec 2020 |
| Georgia (%) | 11.57 2019 | yearly | 1991 - 2019 |
| Germany (%) | 4.50 Sep 2020 | monthly | Jan 1991 - Sep 2020 |
| Ghana (%) | 4.51 2020 | yearly | 1991 - 2020 |
| Greece (%) | 16.80 Aug 2020 | monthly | Apr 1998 - Aug 2020 |
| Hong Kong SAR, China (%) | 6.40 Oct 2020 | monthly | Oct 1981 - Oct 2020 |
| Hungary (%) | 4.30 Oct 2020 | monthly | Jan 2000 - Oct 2020 |
| Iceland (%) | 5.60 Sep 2020 | monthly | Jan 2003 - Sep 2020 |
| India (%) | 7.11 2020 | yearly | 1991 - 2020 |
| Indonesia (%) | 7.07 2020 | yearly | 1984 - 2020 |
| Iran (%) | 10.60 Mar 2020 | quarterly | Jun 2001 - Mar 2020 |
| Ireland (%) | 7.30 Oct 2020 | monthly | Jan 1998 - Oct 2020 |
| Israel (%) | 4.71 Oct 2020 | monthly | Jan 2012 - Oct 2020 |
| Italy (%) | 8.99 Dec 2020 | monthly | Jan 1983 - Dec 2020 |
| Ivory Coast (%) | 3.50 2020 | yearly | 1991 - 2020 |
| Japan (%) | 3.00 Sep 2020 | monthly | Jan 1953 - Sep 2020 |
| Jordan (%) | 23.00 May 2020 | quarterly | Feb 2000 - May 2020 |
| Kazakhstan (%) | 5.00 Jul 2020 | monthly | Jan 2001 - Jul 2020 |
| Kenya (%) | 2.98 2020 | yearly | 1991 - 2020 |
| South Korea (%) | 5.40 Jan 2021 | monthly | Jun 1999 - Jan 2021 |
| Kosovo (%) | 29.10 Mar 2020 | quarterly | Mar 2016 - Mar 2020 |
| Kuwait (%) | 2.09 2018 | yearly | 1999 - 2018 |
| Kyrgyzstan (%) | 5.50 2019 | yearly | 1992 - 2019 |
| Laos (%) | 0.95 2020 | yearly | 1991 - 2020 |
| Latvia (%) | 8.00 Oct 2020 | monthly | Jan 1998 - Oct 2020 |
| Lebanon (%) | 11.35 2018 | yearly | 2004 - 2018 |
| Lithuania (%) | 10.40 Oct 2020 | monthly | Jan 1998 - Oct 2020 |
| Luxembourg (%) | 6.28 Oct 2020 | monthly | Jan 1995 - Oct 2020 |
| Macau SAR, China (%) | 2.70 Dec 2020 | monthly | Sep 1996 - Dec 2020 |
| North Macedonia (%) | 16.50 Sep 2020 | quarterly | Mar 2004 - Sep 2020 |
| Malawi (%) | 6.60 2013 | yearly | 2005 - 2013 |
| Malaysia (%) | 5.40 May 2020 | monthly | Jan 2016 - May 2020 |
| Malta (%) | 4.60 Sep 2020 | quarterly | Dec 2000 - Sep 2020 |
| Mauritius (%) | 7.10 Mar 2020 | quarterly | Mar 2004 - Mar 2020 |
| Mexico (%) | 3.26 Mar 2020 | monthly | Jan 2005 - Mar 2020 |
| Moldova (%) | 4.22 Jun 2020 | quarterly | Mar 1999 - Jun 2020 |
| Mongolia (%) | 7.57 Dec 2020 | quarterly | Sep 2006 - Dec 2020 |
| Montenegro (%) | 19.00 Sep 2020 | quarterly | Mar 2008 - Sep 2020 |
| Morocco (%) | 12.20 Dec 2020 | quarterly | Mar 1999 - Dec 2020 |
| Mozambique (%) | 3.24 2020 | yearly | 1991 - 2020 |
| Myanmar (%) | 1.79 2020 | yearly | 1991 - 2020 |
| Nepal (%) | 4.44 2020 | yearly | 1991 - 2020 |
| Netherlands (%) | 3.80 Mar 2020 | monthly | Jan 2003 - Mar 2020 |
| New Zealand (%) | 4.90 Dec 2020 | quarterly | Mar 1986 - Dec 2020 |
| Nigeria (%) | 27.11 Jun 2020 | quarterly | Mar 2012 - Jun 2020 |
| Norway (%) | 5.20 Sep 2020 | monthly | Jan 1989 - Sep 2020 |
| Oman (%) | 2.80 Oct 2020 | monthly | Mar 2018 - Oct 2020 |
| Pakistan (%) | 5.79 2018 | yearly | 1980 - 2018 |
| Palestinian Territory (%) | 23.40 Dec 2020 | quarterly | Mar 1998 - Dec 2020 |
| Panama (%) | 7.10 2019 | yearly | 2003 - 2019 |
| Paraguay (%) | 8.16 Sep 2020 | quarterly | Mar 2017 - Sep 2020 |
| Peru (%) | 16.43 Oct 2020 | monthly | Mar 2001 - Oct 2020 |
| Philippines (%) | 10.00 Jul 2020 | quarterly | Jul 1982 - Jul 2020 |
| Poland (%) | 6.10 Oct 2020 | monthly | Jan 1990 - Oct 2020 |
| Portugal (%) | 7.50 Oct 2020 | monthly | Feb 1998 - Oct 2020 |
| Qatar (%) | 0.10 2019 | yearly | 1997 - 2019 |
| Romania (%) | 4.90 Dec 2020 | monthly | Jan 1997 - Dec 2020 |
| Russia (%) | 6.35 Sep 2020 | monthly | Jan 1994 - Sep 2020 |
| Saudi Arabia (%) | 8.98 Jun 2020 | quarterly | Mar 2012 - Jun 2020 |
| Serbia (%) | 9.00 Sep 2020 | quarterly | Mar 2014 - Sep 2020 |
| Singapore (%) | 3.60 Sep 2020 | quarterly | Mar 1987 - Sep 2020 |
| Slovakia (%) | 7.35 Oct 2020 | monthly | Jan 2006 - Oct 2020 |
| Slovenia (%) | 5.10 Sep 2020 | quarterly | Jun 1997 - Sep 2020 |
| South Africa (%) | 32.50 Dec 2020 | quarterly | Mar 2008 - Dec 2020 |
| Spain (%) | 16.13 Dec 2020 | quarterly | Sep 1976 - Dec 2020 |
| Sri Lanka (%) | 5.80 Sep 2020 | quarterly | Jun 2012 - Sep 2020 |
| Sudan (%) | 20.30 2010 | yearly | 1993 - 2010 |
| Sweden (%) | 8.91 Oct 2020 | monthly | Jan 1983 - Oct 2020 |
| Switzerland (%) | 5.01 Dec 2020 | monthly | Jan 1991 - Dec 2020 |
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Includes 118 key indicators for Ghana, curated by CEIC analysts. Instant access to full history data in excel.
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -7.1 Jun 2020 | quarterly | Dec 2008 - Jun 2020 |
| Consolidated Fiscal Balance (USD mn) | -1,074.460 Jun 2020 | monthly | Jan 2008 - Jun 2020 |
| Tax Revenue (USD mn) | 458.822 Jun 2020 | monthly | Jan 2008 - Jun 2020 |
| Tax Revenue: % of GDP (%) | 10.4 Jun 2020 | quarterly | Mar 2008 - Jun 2020 |
| Government Debt: % of GDP (%) | 63.0 2019 | yearly | 2006 - 2019 |
| Forecast: Government Expenditure (GHS bn) | 144.387 2025 | yearly | 1980 - 2025 |
| Forecast: Government Net Debt (GHS bn) | 494.568 2025 | yearly | 1990 - 2025 |
| Forecast: Government Revenue (GHS bn) | 100.805 2025 | yearly | 1982 - 2025 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.075 2025 | yearly | 1980 - 2025 |
| Trade Balance (USD mn) | 123.4 Oct 2020 | monthly | Mar 2005 - Oct 2020 |
| Total Exports (USD mn) | 1,211.8 Oct 2020 | monthly | Mar 2005 - Oct 2020 |
| Total Exports Growth (%) | -4.5 Oct 2020 | monthly | Mar 2006 - Oct 2020 |
| Aluminum: Exports (USD th) | 102,008.620 2019 | yearly | 1995 - 2019 |
| Exports: Medicament (USD th) | 6,384.437 2019 | yearly | 1995 - 2019 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 115.617 2019 | yearly | 1995 - 2019 |
| Total Imports (USD mn) | 972.3 Sep 2020 | monthly | Mar 2005 - Sep 2020 |
| Total Imports Growth (%) | -5.9 Sep 2020 | monthly | Mar 2006 - Sep 2020 |
| Imports: Medicament (USD th) | 265,353.408 2019 | yearly | 1995 - 2019 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 76,555.916 2019 | yearly | 1995 - 2019 |
| Total Exports to USA (USD mn) | 90.887 Oct 2020 | monthly | Feb 1985 - Oct 2020 |
| Total Imports from USA (USD mn) | 68.851 Aug 2020 | monthly | Jun 1995 - Aug 2020 |
| Total Exports to China (USD mn) | 317.589 Oct 2020 | monthly | May 1995 - Oct 2020 |
| Total Imports from China (USD mn) | 155.029 Oct 2020 | monthly | Jun 1986 - Oct 2020 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 2.8 Dec 2019 | quarterly | Mar 2011 - Dec 2019 |
| Current Account Balance (USD mn) | -709.3 Sep 2020 | quarterly | Mar 2005 - Sep 2020 |
| Current Account Balance: % of GDP (%) | -4.2 Jun 2020 | quarterly | Mar 2006 - Jun 2020 |
| Foreign Direct Investment (USD mn) | 838.4 Dec 2019 | quarterly | Mar 2011 - Dec 2019 |
| Foreign Direct Investment: % of GDP (%) | 4.8 Dec 2019 | quarterly | Mar 2011 - Dec 2019 |
| Foreign Portfolio Investment (USD mn) | -26.500 Dec 2019 | quarterly | Mar 2011 - Dec 2019 |
| Foreign Portfolio Investment: % of GDP (%) | -0.2 Dec 2019 | quarterly | Mar 2011 - Dec 2019 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 18.1 2010 | yearly | 1975 - 2010 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -26.500 Dec 2019 | quarterly | Mar 2011 - Dec 2019 |
| External Debt (USD mn) | 24,298.4 Oct 2020 | monthly | Jan 2012 - Oct 2020 |
| External Debt: % of GDP (%) | 30.4 2019 | yearly | 1999 - 2019 |
| Net International Investment Position (USD mn) | -27,311.841 2019 | yearly | 2006 - 2019 |
| Forecast: Current Account Balance (USD bn) | -1.930 2025 | yearly | 1980 - 2025 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 14.8 Dec 2020 | monthly | Dec 2005 - Dec 2020 |
| Non-Performing Loans (USD mn) | 1,269.750 Sep 2020 | quarterly | Mar 2008 - Sep 2020 |
| Money Supply M1 (USD mn) | 9,247.979 Sep 2020 | quarterly | Mar 1990 - Sep 2020 |
| Money Supply M2 (USD mn) | 14,931.148 Sep 2020 | quarterly | Mar 1990 - Sep 2020 |
| M2 Growth (%) | 30.7 Sep 2020 | quarterly | Mar 1991 - Sep 2020 |
| Foreign Exchange Reserves (USD mn) | 7,381.5 Oct 2020 | monthly | Jan 1965 - Oct 2020 |
| Foreign Exchange Reserves: % of GDP (%) | 10.851 Sep 2020 | quarterly | Dec 2006 - Sep 2020 |
| Foreign Exchange Reserves: Months of Import (NA) | 6.8 Oct 2020 | monthly | Mar 2005 - Oct 2020 |
| Gold Reserves (Metric Ton) | 1,000.000 2020 | yearly | 2008 - 2020 |
| Total Deposits (USD mn) | 17,216.412 Oct 2020 | monthly | Dec 2004 - Oct 2020 |
| Total Deposits Growth (%) | 26.9 Oct 2020 | monthly | Dec 2005 - Oct 2020 |
| Domestic Credit (USD mn) | 20,114.6 Jul 2020 | monthly | Jan 1967 - Jul 2020 |
| Domestic Credit Growth (%) | 43.9 Jul 2020 | monthly | Jan 1968 - Jul 2020 |
| Total Loans (USD mn) | 8,051.537 Sep 2020 | monthly | Dec 2011 - Sep 2020 |
| Total Loans Growth (%) | 14.39 Sep 2020 | monthly | Dec 2012 - Sep 2020 |
| Private Debt: % of Nominal GDP (%) | 10.50 Jun 2020 | quarterly | Dec 2013 - Jun 2020 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (%) | 4.7 Dec 2020 | monthly | Dec 2013 - Dec 2020 |
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