Ghana had 2,644,363 registered businesses as of 2024 - GSS Report
As of 2024, Ghana had a total of 2,644,363 registered businesses, according to the Ghana Statistical Service (GSS) report. The report detailed the findings from the first Integrated Business Establishment Survey (IBES I), which categorized businesses into three types - those operating in fixed structures, open-space establishments, and mobile businesses.
The number of businesses nearly tripled from 638,235 in 2014, while the number of people employed in them only doubled, from 3.38 million to 6.90 million. Micro businesses, with one to five employees, made up 90% of the establishments. Formal businesses, representing only 7.7% of the total, were less common among those established between 2015 and 2023.
Most micro, open-space, and mobile businesses were owned and operated by women. The economy saw nominal GDP reach approximately GH¢1.4 trillion in 2025, with per capita income increasing from GH¢4,710 in 2013 to GH¢42,502 in 2025. Services constituted 45.9% of the country's economic output, and Ghana exported GH¢148.3 billion more goods than it imported.
Informal cross-border trade with Togo, Burkina Faso, and Côte d'Ivoire amounted to GH¢38.4 billion in the year to September 2025, accounting for about 6 cedis in every 100 of all trade. The government's investment in agriculture remained low, spending only 0.2% of the economy on the sector in 2024. Dr. Cassiel Ato Forson, the Minister of Finance, emphasized the importance of transparency, openness, and evidence-based decision-making in governance.
He also highlighted the role of Ghana in Numbers as a trusted source of official statistics, which will continue to guide the nation's policies and development.
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