Ghana Unemployment Rate

1991 - 2020 | Yearly | % | CEIC Data

Buy this data Includes Ghana Demographic and Labour Market: series Instant access to full history data in excel

Ghana's Unemployment Rate increased to 4.51 % in Dec 2020, from the previously reported number of 4.33 % in Dec 2019. Ghana's 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's 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.

What was Ghana's Unemployment Rate in 2020?

Last Previous Min Max Unit Frequency Range

4.51

% 2020 yearly 1991 - 2020

4.33

% 2019 yearly 1991 - 2020

4.16

2018

10.36

2000

%

yearly

1991 - 2020

Updated on 16 Sep 2020

Unemployment Rate by Country Comparison

Buy this table Includes Unemployment Rate for ALL Countries/Regions: countries Instant access to full history data in excel
All Countries/Regions
Asia and Oceania
Europe and Central Asia
Middle East and Africa
North and South America
Country/Region Last Frequency Range
Albania (%)

11.90

Jun 2020

quarterly

Mar 2012 - Jun 2020

Algeria (%)

11.70

Sep 2017

quarterly

Jun 2014 - Sep 2017

Argentina (%)

13.10

Jun 2020

quarterly

Dec 2002 - Jun 2020

Armenia (%)

17.50

Jun 2020

quarterly

Mar 2008 - Jun 2020

Australia (%)

6.94

Sep 2020

monthly

Feb 1978 - Sep 2020

Austria (%)

5.52

Sep 2020

monthly

Jan 1993 - Sep 2020

Azerbaijan (%)

6.46

Jun 2020

quarterly

Mar 2008 - Jun 2020

Bahrain (%)

4.30

2016

yearly

1991 - 2016

Bangladesh (%)

4.15

2020

yearly

1991 - 2020

Belarus (%)

0.20

Oct 2020

monthly

Oct 2004 - Oct 2020

Belgium (%)

5.10

Aug 2020

monthly

Jan 1983 - Aug 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 (%)

14.40

Aug 2020

monthly

Mar 2012 - Aug 2020

Brunei (%)

9.04

2020

yearly

1991 - 2020

Bulgaria (%)

4.80

Sep 2020

quarterly

Mar 2000 - Sep 2020

Cambodia (%)

0.10

2017

yearly

2007 - 2017

Canada (%)

9.00

Sep 2020

monthly

Jan 1976 - Sep 2020

Chile (%)

12.30

Sep 2020

monthly

Mar 2009 - Sep 2020

China (%)

4.19

Sep 2020

quarterly

Dec 1999 - Sep 2020

Colombia (%)

15.77

Sep 2020

monthly

Jan 2001 - Sep 2020

Croatia (%)

6.40

Jun 2020

quarterly

Mar 2000 - Jun 2020

Cyprus (%)

7.40

Aug 2020

monthly

Jan 2000 - Aug 2020

Czech Republic (%)

2.75

Aug 2020

monthly

Jan 1993 - Aug 2020

Denmark (%)

6.10

Aug 2020

monthly

Jan 2007 - Aug 2020

Ecuador (%)

6.64

Sep 2020

quarterly

Dec 2013 - Sep 2020

Egypt (%)

7.30

Sep 2020

quarterly

Mar 2003 - Sep 2020

Estonia (%)

7.10

Jun 2020

quarterly

Mar 1989 - Jun 2020

European Union (%)

6.20

Jan 2020

monthly

Jan 2000 - Jan 2020

Finland (%)

8.30

Oct 2020

monthly

Jan 1988 - Oct 2020

France (%)

9.00

Sep 2020

quarterly

Mar 1975 - Sep 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

Sep 2020

monthly

Oct 1981 - Sep 2020

Hungary (%)

4.60

Aug 2020

monthly

Jan 2000 - Aug 2020

Iceland (%)

5.60

Sep 2020

monthly

Jan 2003 - Sep 2020

India (%)

5.40

2020

yearly

1991 - 2020

Indonesia (%)

5.28

2019

yearly

1984 - 2019

Iran (%)

10.60

Mar 2020

quarterly

Jun 2001 - Mar 2020

Ireland (%)

5.40

Sep 2020

monthly

Jan 1998 - Sep 2020

Israel (%)

4.69

Sep 2020

monthly

Jan 2012 - Sep 2020

Italy (%)

9.61

Sep 2020

monthly

Jan 1983 - Sep 2020

Ivory Coast (%)

3.42

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 (%)

2.65

2020

yearly

1991 - 2020

South Korea (%)

4.20

Oct 2020

monthly

Jun 1999 - Oct 2020

Kosovo (%)

29.10

Mar 2020

quarterly

Mar 2016 - Mar 2020

Kuwait (%)

2.09

2018

yearly

1999 - 2018

Kyrgyzstan (%)

6.20

2018

yearly

1992 - 2018

Laos (%)

0.60

2020

yearly

1991 - 2020

Latvia (%)

8.40

Sep 2020

monthly

Jan 1998 - Sep 2020

Lebanon (%)

11.35

2018

yearly

2004 - 2018

Lithuania (%)

9.80

Sep 2020

monthly

Jan 1998 - Sep 2020

Luxembourg (%)

6.35

Sep 2020

monthly

Jan 1995 - Sep 2020

Macau SAR, China (%)

2.90

Sep 2020

monthly

Sep 1996 - Sep 2020

North Macedonia (%)

16.70

Jun 2020

quarterly

Mar 2004 - Jun 2020

Malawi (%)

6.60

2013

yearly

2005 - 2013

Malaysia (%)

5.40

May 2020

monthly

Jan 2016 - May 2020

Malta (%)

4.40

Jun 2020

quarterly

Dec 2000 - Jun 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 (%)

7.30

Sep 2020

quarterly

Sep 2006 - Sep 2020

Montenegro (%)

15.20

Jun 2020

quarterly

Mar 2008 - Jun 2020

Morocco (%)

12.70

Sep 2020

quarterly

Mar 1999 - Sep 2020

Mozambique (%)

3.24

2020

yearly

1991 - 2020

Myanmar (%)

1.71

2020

yearly

1991 - 2020

Nepal (%)

1.47

2020

yearly

1991 - 2020

Netherlands (%)

3.80

Mar 2020

monthly

Jan 2003 - Mar 2020

New Zealand (%)

5.30

Sep 2020

quarterly

Mar 1986 - Sep 2020

Nigeria (%)

27.11

Jun 2020

quarterly

Mar 2012 - Jun 2020

Norway (%)

5.30

Aug 2020

monthly

Jan 1989 - Aug 2020

Oman (%)

2.90

Sep 2020

monthly

Mar 2018 - Sep 2020

Pakistan (%)

5.79

2018

yearly

1980 - 2018

Palestinian Territory (%)

28.50

Sep 2020

quarterly

Mar 1998 - Sep 2020

Panama (%)

7.10

2019

yearly

2003 - 2019

Paraguay (%)

7.58

Jun 2020

quarterly

Mar 2017 - Jun 2020

Peru (%)

16.53

Sep 2020

monthly

Mar 2001 - Sep 2020

Philippines (%)

10.00

Jul 2020

quarterly

Jul 1982 - Jul 2020

Poland (%)

6.10

Sep 2020

monthly

Jan 1990 - Sep 2020

Portugal (%)

7.70

Sep 2020

monthly

Feb 1998 - Sep 2020

Qatar (%)

0.10

2018

yearly

1997 - 2018

Romania (%)

5.20

Sep 2020

monthly

Jan 1997 - Sep 2020

Russia (%)

6.17

Jun 2020

monthly

Jan 1994 - Jun 2020

Saudi Arabia (%)

8.98

Jun 2020

quarterly

Mar 2012 - Jun 2020

Serbia (%)

7.30

Jun 2020

quarterly

Mar 2014 - Jun 2020

Singapore (%)

3.60

Sep 2020

quarterly

Mar 1987 - Sep 2020

Slovakia (%)

7.43

Sep 2020

monthly

Jan 2006 - Sep 2020

Slovenia (%)

5.20

Jun 2020

quarterly

Jun 1997 - Jun 2020

South Africa (%)

30.80

Sep 2020

quarterly

Mar 2008 - Sep 2020

Spain (%)

16.26

Sep 2020

quarterly

Sep 1976 - Sep 2020

Sri Lanka (%)

5.40

Jun 2020

quarterly

Jun 2012 - Jun 2020

Sudan (%)

20.30

2010

yearly

1993 - 2010

Sweden (%)

9.16

Sep 2020

monthly

Jan 1983 - Sep 2020

Switzerland (%)

5.31

Sep 2020

monthly

Jan 1991 - Sep 2020

Syria (%)

14.90

2011

yearly

2000 - 2011

Taiwan (%)

3.77

Oct 2020

monthly

Apr 1993 - Oct 2020

Tajikistan (%)

2.30

Apr 2018

monthly

Jan 2000 - Apr 2018

Thailand (%)

2.10

Oct 2020

monthly

Jan 2001 - Oct 2020

Tunisia (%)

16.20

Sep 2020

quarterly

Jun 2011 - Sep 2020

Turkey (%)

13.20

Aug 2020

monthly

Jan 2005 - Aug 2020

Ukraine (%)

9.80

Jun 2020

quarterly

Mar 1999 - Jun 2020

United Arab Emirates (%)

2.23

2019

yearly

1995 - 2019

United Kingdom (%)

4.76

Aug 2020

monthly

Feb 1971 - Aug 2020

United States (%)

6.90

Oct 2020

monthly

Jan 1948 - Oct 2020

Uruguay (%)

11.00

Sep 2020

monthly

Jan 2006 - Sep 2020

Uzbekistan (%)

9.30

2018

yearly

2000 - 2018

Venezuela (%)

6.35

Dec 2018

monthly

Jan 1999 - Dec 2018

Vietnam (%)

2.50

Sep 2020

quarterly

Mar 2011 - Sep 2020

Yemen (%)

13.50

2014

yearly

1994 - 2014

Zambia (%)

11.41

2020

yearly

1991 - 2020

Ghana Key Series

Buy this table Includes All Indicators: series Instant access to full history data in excel
All Indicators
National Accounts
Production
Government and Public Finance
Demographic and Labour Market
Domestic Trade and Household Survey
Inflation
Foreign Trade
Balance of Payments
Monetary
Banking Statistics
Interest and Foreign Exchange Rates
Energy
Tourism
Business and Economic Survey
Financial Market
Transport and Telecommunications
National Accounts Last Frequency Range
Nominal GDP (USD mn)

15,342.5

Jun 2020

quarterly

Mar 2006 - Jun 2020

Real GDP Growth (%)

-0.8

Jun 2020

quarterly

Jun 2006 - Jun 2020

Nominal GDP Growth (%)

1.715

Jun 2020

quarterly

Mar 2007 - Jun 2020

GDP per Capita (USD)

2,212.100

2019

yearly

1960 - 2019

GDP Deflator Growth (%)

5.1

Jun 2020

quarterly

Mar 2007 - Jun 2020

Private Consumption Expenditure (USD mn)

46,240.885

2019

yearly

2006 - 2019

Private Consumption: % of GDP (%)

69.0

2019

yearly

2006 - 2019

Public Consumption Expenditure (USD mn)

5,948.684

2019

yearly

2006 - 2019

Public Consumption: % of GDP (%)

8.9

2019

yearly

2006 - 2019

Investment: % of GDP (%)

26.4

2019

yearly

2006 - 2019

Gross Fixed Capital Formation (USD mn)

13,118.878

2019

yearly

2006 - 2019

Gross National Product (GNP) (USD mn)

65,527.307

2019

yearly

1960 - 2019

Gross Savings Rate (%)

22.1

2019

yearly

2006 - 2019

Forecast: GDP PPP Per Capita (PPP Intl $)

7,108.089

2025

yearly

1980 - 2025

Forecast: Nominal GDP Per Capita (USD)

2,720.440

2025

yearly

1980 - 2025

Forecast: Real GDP Growth (%)

4.452

2025

yearly

1980 - 2025

Total Trade of Goods & Services: % of Nominal GDP (%)

71.378

2019

yearly

1955 - 2019

Production Last Frequency Range
Minerals Production (Metric Ton)

12,581,932.000

2018

yearly

2009 - 2018

Gold Production (kg)

130,000.000

2019

yearly

1990 - 2019

Silver Production (Metric Ton)

2.000

2016

yearly

1990 - 2016

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 (%)

10.7

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

Demographic and Labour Market Last Frequency Range
Population (Person mn)

31.1

2020

yearly

1950 - 2020

Labour Force Participation Rate (%)

67.7

2020

yearly

1990 - 2020

Employed Persons (Person)

9,270,939.000

2015

yearly

2013 - 2015

Unemployment Rate (%)

4.51

2020

yearly

1991 - 2020

Monthly Earnings (USD)

242

2015

yearly

2013 - 2015

Labour Productivity Growth (%)

4.15

2019

yearly

1992 - 2019

Forecast: Population (Person mn)

34.605

2025

yearly

1980 - 2025

Forecast: Employment (Person mn)

0.000

yearly

-

Forecast: Unemployment Rate (%)

0.000

yearly

-

Domestic Trade and Household Survey Last Frequency Range
Motor Vehicles Sales (Unit)

5,700

2019

yearly

2005 - 2019

Motor Vehicles Sales Growth (%)

-19.4

2019

yearly

2006 - 2019

Motor Vehicle Sales: Commercial Cars (Unit)

2,306.000

Dec 2019

semiannually

Dec 2005 - Dec 2019

Motor Vehicle Sales: Passenger Cars (Unit)

3,394.000

Dec 2019

semiannually

Dec 2005 - Dec 2019

Consumer Confidence Growth (%)

6.6

Oct 2020

monthly

Oct 2013 - Oct 2020

Household Expenditure per Capita (USD)

1,161.488

2018

yearly

2006 - 2018

Inflation Last Frequency Range
Consumer Price Index CPI Growth (%)

10.4

Sep 2020

monthly

Mar 1964 - Sep 2020

CPI: Food and Non Alcoholic Beverage Change (%)

6.845

Jun 2019

quarterly

Dec 1998 - Jun 2019

Producer Price Index Growth (%)

9.5

Sep 2020

monthly

Oct 2007 - Sep 2020

Forecast: Consumer Price Index Growth (%)

6.000

2025

yearly

1980 - 2025

Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%)

1.075

2025

yearly

1980 - 2025

Trade Balance (USD mn)

147.4

Jul 2020

monthly

Mar 2005 - Jul 2020

Total Exports (USD mn)

1,048.3

Jul 2020

monthly

Mar 2005 - Jul 2020

Total Exports Growth (%)

-20.2

Jul 2020

monthly

Mar 2006 - Jul 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)

3,356.0

Jun 2020

quarterly

Jun 2005 - Jun 2020

Total Imports Growth (%)

-31.9

Jul 2020

monthly

Mar 2006 - Jul 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)

124.155

Jul 2020

monthly

Feb 1985 - Jul 2020

Total Imports from USA (USD mn)

68.851

Aug 2020

monthly

Jun 1995 - Aug 2020

Total Exports to China (USD mn)

377.118

Jul 2020

monthly

May 1995 - Jul 2020

Total Imports from China (USD mn)

165.230

Jul 2020

monthly

Jun 1986 - Jul 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)

-663.0

Jun 2020

quarterly

Mar 2005 - Jun 2020

Current Account Balance: % of GDP (%)

-4.3

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)

24,287.2

Jul 2020

monthly

Jan 2012 - Jul 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 (%)

15.7

Jun 2020

quarterly

Dec 2005 - Jun 2020

Non-Performing Loans (USD mn)

1,162.626

Dec 2019

quarterly

Mar 2008 - Dec 2019

Money Supply M2 (USD mn)

13,767.034

Jun 2020

quarterly

Mar 1990 - Jun 2020

M2 Growth (%)

22.1

Jun 2020

quarterly

Mar 1991 - Jun 2020

Foreign Exchange Reserves (USD mn)

7,223.6

Aug 2020

monthly

Jan 1965 - Aug 2020

Foreign Exchange Reserves: % of GDP (%)

12.021

Jun 2020

quarterly

Dec 2006 - Jun 2020

Foreign Exchange Reserves: Months of Import (NA)

8.4

Jul 2020

monthly

Mar 2005 - Jul 2020

Total Deposits (USD mn)

15,641.269

Jul 2020

monthly

Dec 2004 - Jul 2020

Total Deposits Growth (%)

20.5

Jul 2020

monthly

Dec 2005 - Jul 2020

Domestic Credit (USD mn)

20,135.1

Jul 2020

monthly

Jan 1967 - Jul 2020

Domestic Credit Growth (%)

43.9

Jul 2020

monthly

Jan 1968 - Jul 2020

Total Loans (USD mn)

7,795.137

Jul 2020

monthly

Dec 2011 - Jul 2020

Total Loans Growth (%)

-2.37

Jul 2020

monthly

Dec 2012 - Jul 2020

Private Debt: % of Nominal GDP (%)

10.58

Jun 2020

quarterly

Dec 2013 - Jun 2020

Banking Statistics Last Frequency Range
Liquid Assets Ratio (%)

59.3

Dec 2019

quarterly

Mar 2008 - Dec 2019

Capital Adequacy Ratio (%)

20.9

Aug 2020

monthly

Dec 2005 - Aug 2020

Interest and Foreign Exchange Rates Last Frequency Range
Exchange Rate against USD (GHS/USD)

5.697

Sep 2020

monthly

Jan 1957 - Sep 2020

Policy Rate (% pa)

14.50

Sep 2020

monthly

Nov 2002 - Sep 2020

Short Term Interest Rate (% pa)

14.02

Aug 2020

monthly

Aug 1996 - Aug 2020

Energy Last Frequency Range
Electricity Production (GWh)

18,189

2019

yearly

1971 - 2019

Tourism Last Frequency Range
Tourism Revenue Growth (%)

8.4

2018

yearly

1996 - 2018

Business and Economic Survey Last Frequency Range
Business Confidence Growth (%)

-5.2

Oct 2020

monthly

Dec 2013 - Oct 2020

Financial Market Last Frequency Range
Equity Market Index (31Dec2010=1000)

1,837.3

Oct 2020

monthly

Jan 2011 - Oct 2020

Market Capitalization: % of GDP (%)

16.3

2019

yearly

2008 - 2019

Market Capitalization (USD mn)

9,330.974

Sep 2020

monthly

Oct 2008 - Sep 2020

Transport and Telecommunications Last Frequency Range
Motor Vehicle Registered (Unit th)

890.000

2015

yearly

2005 - 2015

Container Port Throughput (TEU)

1,100,205.000

2019

yearly

2008 - 2019

Liner Shipping Connectivity Index (2004=100)

18.500

2018

yearly

2004 - 2018

Number of Subscriber Fixed Line (Unit)

288,531.000

2019

yearly

1965 - 2019

Number of Subscriber Mobile (Person)

40,857,077.000

2019

yearly

1960 - 2019

Teledensity: Fixed Line (Number)

0.949

2019

yearly

1965 - 2019

Teledensity: Mobile (Number)

134.319

2019

yearly

1960 - 2019

Exports: ICT Goods (USD th)

43,815.755

2018

yearly

2000 - 2018

Exports: Telecommunication Equipment (USD th)

5,298.688

2019

yearly

1995 - 2019

Exports: Television (USD th)

197.495

2019

yearly

1995 - 2019

Imports: ICT Goods (USD th)

284,113.583

2018

yearly

2000 - 2018

Imports: Telecommunication Equipment (USD th)

179,716.189

2019

yearly

1995 - 2019

Imports: Television (USD th)

46,311.525

2019

yearly

1995 - 2019

Unlimited access tailored to your data needs
Flexible monthly access to CEIC data