Wages and salaries in Ghana

Ghana: Wages and salaries was 7.38 billion current LCU in 2010. ◆ Volatile

Latest (2010)
7.38 billion current LCU
Change on year
up 18.2%
World rank
41st
of 51 countries
All-time high
7.38 billion current LCU
in 2010
All-time low
528,200 current LCU
in 1979
Years of data
32
1979–2010

Wages and salaries in Ghana, 1979–2010

02.0B4.0B6.0B8.0B1979199420101979: 528.2k current LCU1980: 1.5M current LCU1981: 2.6M current LCU1982: 3.6M current LCU1983: 4.9M current LCU1984: 6.3M current LCU1985: 8.2M current LCU1986: 10.6M current LCU1987: 17.1M current LCU1988: 22.8M current LCU1989: 29.7M current LCU1990: 43.1M current LCU1991: 61.3M current LCU1992: 75.1M current LCU1993: 95.7M current LCU1994: 116.1M current LCU1995: 142.3M current LCU1996: 231.7M current LCU1997: 414.2M current LCU1998: 556.7M current LCU1999: 698.8M current LCU2000: 824.3M current LCU2001: 1.1B current LCU2002: 1.4B current LCU2003: 2.0B current LCU2004: 2.5B current LCU2005: 3.2B current LCU2006: 3.9B current LCU2007: 4.4B current LCU2008: 5.3B current LCU2009: 6.2B current LCU2010: 7.4B current LCU

Source: World Bank country economists. Measured in current LCU.

Analysis

In 2010, wages and salaries in Ghana stood at 7.38 billion current LCU. That is the highest value across all 32 years on record.

That represents a change of up 18.2% on the previous year and up 795.2% over ten years.

Over the whole period, wages and salaries in Ghana peaked at 7.38 billion current LCU in 2010 and was at its lowest, 528,200 current LCU, in 1979.

That places Ghana 41st out of 51 countries with data for 2010, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Wages and salaries in Ghana, year by year

Annual values for Wages and salaries (current LCU) in Ghana, 1979 to 2010.
Year current LCU Change
1979 528,200 current LCU
1980 1.45 million current LCU +175.0%
1981 2.62 million current LCU +80.3%
1982 3.59 million current LCU +37.1%
1983 4.95 million current LCU +37.7%
1984 6.29 million current LCU +27.1%
1985 8.23 million current LCU +30.8%
1986 10.56 million current LCU +28.3%
1987 17.11 million current LCU +62.1%
1988 22.76 million current LCU +33.0%
1989 29.71 million current LCU +30.5%
1990 43.10 million current LCU +45.1%
1991 61.26 million current LCU +42.1%
1992 75.06 million current LCU +22.5%
1993 95.68 million current LCU +27.5%
1994 116.10 million current LCU +21.3%
1995 142.30 million current LCU +22.6%
1996 231.71 million current LCU +62.8%
1997 414.16 million current LCU +78.7%
1998 556.70 million current LCU +34.4%
1999 698.80 million current LCU +25.5%
2000 824.35 million current LCU +18.0%
2001 1.14 billion current LCU +37.9%
2002 1.42 billion current LCU +24.8%
2003 1.99 billion current LCU +40.1%
2004 2.48 billion current LCU +24.7%
2005 3.18 billion current LCU +28.4%
2006 3.91 billion current LCU +22.9%
2007 4.39 billion current LCU +12.4%
2008 5.25 billion current LCU +19.5%
2009 6.24 billion current LCU +18.9%
2010 7.38 billion current LCU +18.2%

Ghana compared with similar countries

  • Ghana's 7.38 billion current LCU is below the median for lower middle income countries, which is 142.24 billion current LCU, 5% of the median. (24 countries reporting)
  • Ghana's 7.38 billion current LCU is below the median for Sub-Saharan Africa, which is 82.80 billion current LCU, 9% of the median. (46 countries reporting)

Biggest year-on-year movements

Years where Wages and salaries in Ghana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1980 +175.0% 528,200 current LCU 1.45 million current LCU

Averages by decade

DecadeAverage LowestHighest Years
1970s 528,200 current LCU 528,200 current LCU 528,200 current LCU 1
1980s 10.73 million current LCU 1.45 million current LCU 29.71 million current LCU 10
1990s 243.49 million current LCU 43.10 million current LCU 698.80 million current LCU 10
2000s 3.08 billion current LCU 824.35 million current LCU 6.24 billion current LCU 10
2010s 7.38 billion current LCU 7.38 billion current LCU 7.38 billion current LCU 1

Countries ranked near Ghana

  1. 38 Botswana 12.88 billion current LCU compare
  2. 39 Namibia 11.00 billion current LCU compare
  3. 40 Tunisia 7.46 billion current LCU compare
  4. 42 Sudan 6.84 billion current LCU compare
  5. 43 Liberia 5.20 billion current LCU compare
  6. 44 Eswatini 4.07 billion current LCU compare

See the full ranking of 51 places →

More science & technology data for Ghana

All data for Ghana →

Frequently asked questions

What is wages and salaries in Ghana?
Wages and salaries in Ghana was 7.38 billion current LCU in 2010, according to World Bank country economists.
What is the highest wages and salaries recorded in Ghana?
The highest recorded value was 7.38 billion current LCU in 2010.
What is the lowest wages and salaries recorded in Ghana?
The lowest recorded value was 528,200 current LCU in 1979.
How does Ghana rank for wages and salaries?
Ghana ranks 41st out of 51 countries with data for 2010.
Is wages and salaries rising or falling in Ghana?
Over the last ten years it is up 795.2%. The long-run trend across the full record is volatile.
Where does this Ghana data come from?
The figures come from World Bank country economists, published as part of Wages and salaries (current LCU). Statizoid updates them automatically from the source API.

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Wages and salaries in Ghana. Statizoid, drawing on World Bank country economists. Retrieved 24 September 2026, from https://science-tech.statizoid.com/stat/wages-and-salaries-current-lcu/ghana/

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About this data

Indicator
Wages and salaries (current LCU)
Unit
current LCU
Source
World Bank country economists
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
51 places, 1,362 data points, 1966–2011
Last refreshed

Wages and salaries consist of all payments in cash, but not in kind, to employees in return for services rendered, before deduction of withholding taxes and employees contributions to social security and pension funds. Data are shown for central government only. Data are in current local currency.