Ghana has recorded a significant trade surplus of GH₵44.7 billion in 2024, as total exports soared to GH₵294.9 billion, surpassing imports, which stood at GH₵250.2 billion, according to the latest Ghana Statistical Service (GSS) Trade Report. The 2024 Annual Trade Report and the Quarter Four (Q4) Trade Newsletter, launched in Accra yesterday, highlighted Ghana’s strengthening […]
Tag: GSS
Ghana’s economy expands by 7.2% in Q3 of 2024
Ghana’s economy grew by 7.2 % in the third quarter of 2024, provisional figures released by the Ghana Statistical Service has revealed. Compared to the second quarter of 2024, the economy grew by 6.9%. The Services sector continues to be the largest of the Ghanaian economy with a share of 42.9% of Gross Domestic Product […]
‘I don’t know where they got their data from’ – Agric Minister questions Statistical Service food price report
Food and Agriculture Minister Bryan Acheampong has expressed scepticism about recent data released by the Ghana Statistical Service (GSS) on food prices and inflation, questioning the sources of their information. Speaking on PM Express Business Edition on Joy News, he said his Ministry’s own tracking of food prices paints a different picture than what has been reported. […]
Economy posts 3rd consecutive trade surplus
The economy continued its positive recovery in the second quarter of 2024, recording a trade surplus for the third consecutive quarter. This marks a turnaround from the deficit experienced in the same period last year. The Government Statistician, Professor Samuel Annim, presenting a report on Trade Statistics for the second quarter of the year in […]
Export value of cocoa beans dropped by 26% in the second quarter of 2024
Recent data from the Ghana Statistical Service indicates a significant drop in the export value of cocoa beans for the second quarter (Q1) of 2024. The export value fell from GH₵ 1.57 billion in the second quarter (Q2) of 2023 to GH₵ 1.15 billion in the second quarter (Q2) of 2024, marking a 26% decrease. This decline is part […]
Ghana’s economy grew by 2.9% in 2023
The Ghana Statistical Service revealed on Wednesday that Ghana’s economy experienced a 2.9% growth in 2023, marking a decline from the 3.8% growth seen in 2022. Highlighting the specifics, the Statistical Service noted that the final quarter of 2023 showcased the highest real GDP growth rate at 3.8%, mirroring the growth rate observed in the […]
40% of Ghana’s population under 15 years
Forty per cent of Ghana’s population are under 15 years,the 2022 Ghana Demographic and Health Survey (GDHS) report of the Ghana Statistical Service (GSS) has revealed. This means Ghana has a youthful population and an indication for the country to provide services, including education and health, that would address their needs, it explained. This was […]
19% of Ghanaian women support husbands disciplining their wives for burning food while cooking
More Ghanaian women than men believe there is nothing wrong with domestic violence in relation to men beating their wives. This is according to the 2022 Ghana Demographic and Health Survey conducted by the Ghana Statistical Service (GSS). It indicates that 19 per cent of women (compared to 16 per cent of men) believe a […]
Condom use among polyamorous persons low — Health Survey
Condom use among people with multiple sexual partners in the country is low, the 2022 Ghana Demographic and Health Survey (GDHS) has revealed. The survey indicated that men, aged between 15 and 24 who had two or more sexual partners among those surveyed, were 24.7 per cent of those surveyed, while women within the same […]
Inflation to fall to 22.4% in January 2024 – Report
Inflation is expected to decline to 22.4% in January 2024 from 23.4% in December 2023, IC Research has predicted in its latest report. According to the research firm, improved foreign exchange outturn in late December 2023 into early January 2024 would sustain the lid on price pressures. “Our forecast shows a modest decline in the […]
Inflation declines for the fifth consecutive month in Ghana
The Government Statistician, Professor Samuel Kobina Annim, presented the latest Consumer Price Inflation (CPI) data today in Accra, revealing a notable slowdown in the inflation rate by 3.2 percentage points. Inflation decreased to 23.2 per cent in December 2023, down from 26.4 per cent in November 2023. The year-on-year inflation drop marks the fifth consecutive […]
Ghana records third consecutive month of inflation drop to a 14-month low
Inflation in Ghana has witnessed a significant decline for the third consecutive month, reaching a 14-month low of 35.2% in October. This marks a substantial reduction from the figures of 38.1% in September and 40.1% in August, according to data released by the Ghana Statistical Service. Government Statistician, Samuel Kobina Annim, announced on Tuesday in […]