Ghana in Numbers

After weeks of a strengthening Cedi and falling global oil prices, the "price reduction" we all hoped for has finally arrived. This morning, both GOIL and Star Oil made official announcements of major cuts at the pumps. GOIL Prices Today:  Petrol · ₵10.99  | Diesel · ₵11.96 Star Oil Prices Today:  Petrol · ₵10.56  | Diesel · ₵11.56 We at Finex Insights  looked back at the data from the past year, comparing the pump prices of Star Oil and GOIL. The infographic below illustrate

Introduction Cryptocurrency use in Ghana has grown steadily over the past decade, driven by mobile money adoption, cross-border payments, inflation concerns, and a digitally savvy youth population. Until recently, however, crypto activity operated largely in a regulatory grey zone. That is changing. Crypto in Ghana. What the new law means for you. In December 2025, Ghana passed the Virtual Asset Service Providers (VASPs) Bill , marking a major shift from informal usage to str

Ghana’s Constitutional Review Committee (CRC) has submitted a landmark set of proposals aimed at strengthening governance, accountability, democracy, and institutional independence. These recommendations, presented to the President, could significantly reshape how power is exercised and checked under the 1992 Constitution. This article explains the top 10 CRC recommendations we have sampled from the submitted report: Ghana's Constitution Review: Top 10 Recommendations 1. Exte

If you look at the Ghanaian economy from a distance, you see a bustling hive of activity. But when you zoom in on the numbers, a fascinating and slightly worrying paradox emerges. Data from the 2024 Integrated Business Establishment Survey (IBES) Volume 2  released by the Ghana Statistical Service, and the data tells a story. As illustrated in our latest infographic below, Micro and Small businesses are carrying the weight of the nation's workforce , yet they are barely scrat

Kpandai’s electoral history mirrors a broader political shift seen across parts of Ghana: the gradual erosion of dominant-party strongholds and the rise of competitive swing constituencies. From 2000 to 2024, voting data from the Electoral Commission of Ghana reveals how margins tightened, candidates evolved, and voter behavior shifted. The Battle for Kpandai 2000–2004: The Era of Dominance In the early years of the Fourth Republic, Kpandai was firmly in the grip of the NDC.

A Data Tribute to Ghana’s Enduring Music Legend Ghana has lost one of its greatest musical voices. Charles Kwadwo Fosu, known to generations as Daddy Lumba , passed away in July 2025 , bringing to a close a career that shaped the sound, language, and emotional texture of Ghanaian music for over three decades. This tribute tells his story the way Finex Insights does best, through numbers, milestones, and cultural impact . Life of Daddy Lumba (Charles Kwadwo Fosu) in Numbers A

Imagine paying for a full-sized pizza but opening the box to find only half a pizza inside. You’d feel cheated, right? According to a major World Bank report, available here , this is essentially what is happening with education in Ghana. The data reveals a shocking statistic: while a Ghanaian child is expected to spend 12.1 years  in school, they only walk away with 6 years' worth of actual learning . Economists call this "Learning-Adjusted Years of Schooling" (LAYS) . In si

Based on the latest PwC Ghana Banking Survey 2025 , the total deposit pool in Ghana's banking sector has surged to GHC266.73 billion . This represents a massive 32.2% increase from 2023. PwC 's survey is based on 20 participating banks out of the 23 licensed banks in Ghana . While the rankings, topped by EBG (14.3%)  and GCB (13.0%) , are grabbing headlines, a simple list doesn't tell the whole story. We've analyzed the data to find the three biggest insights you need to kn

The Ghana Health Service recently released data details the number of doctors posted by region versus the actual number that reported for duty. This gives a snapshot of where our newly qualified doctors are accepting to go and more importantly, where they are refusing to go. Below is a visualization of that data as of November 28, 2025, powered by Finex Insights. The Ghana Health Service posted a total of 463 medical officers  to various regions across the country. As the dea

As we stand on the threshold of December 2025, businesses across Ghana are gearing up for the busiest weeks of the year. While we cannot predict the future with 100% certainty, we can look to the immediate past for the most reliable roadmap we have: the 2024 Tourism Report . The data from last year provides a clear "Visitor Blueprint" :a profile of who came, how long they stayed, and what they spent. By analyzing the 2024 traveler, businesses can make intelligent, data-backed

According to the Ghana Voluntary National Review (VNR) 2025, every year, Ghana creates around 1.1 million tons of plastic waste . As seen in our infographic, only 5% of this waste is collected for recycling .  It is important to note that this 5% represents only the collection rate , meaning even this small fraction is not guaranteed to be successfully processed  into new products. This means the actual recycling rate might be lower. So, why is the potential for recycling cap

A 2024 report from the Ghana Statistical Service (GSS) reveals a central paradox at the heart of Ghana's economy. Informal Sector:  Employs 80%  of the workforce, yet produces only 27%  of the country's GDP. Formal Sector:  Employs only 20%  of the workforce, yet produces a staggering 73%  of the GDP. This is the core challenge: the vast majority of working Ghanaians are busy, but this effort is not translating into national wealth. The report itself notes that this imbalance

The 2026 Budget Statement, themed "Resetting for Growth, Jobs, and Economic Transformation," has been laid before Parliament. To understand the government's core priorities for the year, the clearest story is told by following the money. An analysis of the 2026 allocations reveals a dual focus: a massive, continued investment in human capital (Education and Health) and a significant new injection of funds into national security and physical infrastructure. The "Big 5": What A

Between 2022 and 2023, Ghana experienced one of its sharpest inflationary surges in recent years. Despite significant pay increases for public sector workers of up to 30% in 2023, inflation soared above 38%, effectively erasing real income gains. This analysis compares public sector salary increments against annual inflation trends to show how workers’ purchasing power has evolved over the last decade. Comparing Salary Increments of Public Sector Workers with Annual Inflation

Ghana’s religious landscape has undergone one of Africa’s most dramatic transformations. From less than 1% Christian in the mid-18th century to over 70% by 2021, the country’s faith story is intertwined with education, colonial history, and local adaptation. Tracing the Rise of Christianity in Ghana 1. The Early Years (Pre-1800): Seeds of Missionary Work Arrival of European missionaries (Danish, Basel, Wesleyan). Initial conversion challenges among coastal communities. Christ

Introduction: The Bank of Ghana (BoG) has quietly executed one of Africa’s most ambitious reserve diversification strategies. Between May 2023 and October 2025 , the central bank’s gold holdings surged from 8.78 tonnes to 38.04 tonnes , marking a 333% increase  in just 29 months. Bank of Ghana Gold Reserves Background: In response to global currency volatility and Ghana’s own foreign-exchange pressures, the BoG launched a gold purchase programme under the Domestic Gold Purcha

Ghana’s inflation rate has cooled to 8% in October 2025 , the lowest level since early 2021, according to the Ghana Statistical Service. It marks the tenth straight month of decline , capping a dramatic reversal from the 23.8% recorded in December 2024. But beyond the numbers lies a more meaningful story for households: prices aren’t necessarily dropping. They’ve just stopped climbing so fast.  After years of unpredictable jumps, this stability feels like the first real relie

The fight against illegal small-scale mining (galamsey) in Ghana is not just an environmental and economic battle; it is increasingly a frontline security risk. Data compiled from news outlets between 2017 and 2025 reveals a stark and worrying trend: those tasked with enforcing anti-galamsey laws and the journalists reporting on them are facing violent attacks. With a total of 16 recorded attacks  occurred during this period, the visualized data, clearly identifies the Ashant

On November 1, 2025, a team from the National Anti-Illegal Mining Operations (NAIMOS) was conducting a reconnaissance mission in a remote forest reserve at Hwidiem , Ahafo Region where they intercepted an excavator actively destroying farmland. After making several arrests, the team found their exit route blocked by an angry mob that had been mobilized from a nearby community. The crowd demanded the immediate release of the suspects, vandalized the taskforce's vehicle, and p

A recent parliamentary attendance report has revealed that several Members of Parliament (MPs) absented themselves from sittings without official permission, with some missing more than ten out of forty-three sittings held between January and March 2025. Absentee Report of Members of Parliament While absenteeism has long been a concern, this latest report highlights a more structural challenge; the increasing number of parliamentarians who double as Government Ministers , and