{
  "id": 17072594,
  "title": "Only 7.7% of Ghana’s 2.64 million businesses are formal – GSS report",
  "url": "https://urgent.news/2026/10/29/only-7-7-of-ghanas-2-64-million-businesses-are-formal-gss-report",
  "topic": "world",
  "section": "World",
  "published": "2026-10-29T14:33:20.000Z",
  "source": {
    "name": "Adom Online",
    "slug": "adom-online",
    "url": "https://www.adomonline.com/only-7-7-of-ghanas-2-64-million-businesses-are-formal-gss-report/"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Ghana Statistical Service (GSS) has reported that only 7.7% of Ghana's 2.64 million businesses are formal, with the remaining 92% operating informally. This finding comes from the GSS's maiden edition of Ghana in Numbers 2025, which was launched in Accra. According to Government Statistician Dr Alhassan Iddrisu, the number of businesses nearly tripled between 2014 and 2024, while the number of people employed doubled. Despite the unemployment rate falling from 14.6% in 2023 to 12.8% in 2025, more than 70% of jobs are still informal. The report also highlights that nearly one-third of jobseekers aged 15 to 24 cannot find work, with over 60% of them being young women. Dr Iddrisu emphasized that the decisions made in the next 10 years regarding schooling, skills, and jobs will determine whether Ghana's growing youth population becomes a benefit or a burden.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}