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";s:4:"text";s:12826:"Indicators in this PPI are based on data from Ghana’s 2016/17 Living Standards Survey (GLSS7). POVERTY TREND (BY INTERNATIONAL STANDARDS): PEOPLE LIVING ON LESS THAN INTERNATIONAL POVERTY LINE, PEOPLE LIVING BELOW NATIONAL POVERTY LINE. Though Ghana poverty rate fluctuated substantially in recent years, it tended to decrease through 1987 - 2016 period ending at 13 % in 2016. While the number of poor declined by 2.5 million between 1992 and 2006 in the south, the figure increased by 900,000 in the north. According to UNICEF, the Ghana poverty rate fell from 56.5% to 24.2% between 1992 and 2013. GNI per capita, Atlas method (current US$) $2,130 2018 $2,220 2019. A review of this basket reveals that there is no drastic change in the consumption pattern, and therefore the basket was maintained for the current survey. National poverty rate is the percentage of the population living below the national poverty line. This report therefore examines the pattern of poverty in Ghana since 2005 based on the 2012/13 basket. Find Out, Online tool for visualization and analysis. Survey to track impacts of COVID-19 on households and jobs in Ghana; Mobility analysis First Report; 2020 Population and Housing Census Recruitment Notice; Consumer Price Index and Inflation, New series; Potential reasons behind 2019 Q2 GDP growth; DISCLAIMER 2020 Population and Housing; Trend Analysis of GDHS; GMHS 2017 Report Launch In the last two decades, poverty in Ghana has drastically reduced due to an increase in economic factors, despite poverty still dominating more rural areas where there is not enough access to food and other basic necessities. The incidence of poverty exceeds 40 per cent in the area, except for Cape Verde (31.8 per cent) and Ghana (38.6 per cent). We-Fi WeTour Women in Tourism Enterprise Survey 2019. It notes, however, that the rate of population growth witnessed over the last two decades is unlikely to continue in the coming decades, thus presenting unique opportunities for countries to make significant impact on poverty reduction. Much of this progress, Dr Kodjo Mensah-Abrampah, said, was between the periods of 1992 to 2005, where the rate of […] Poverty and Inequality in Nigeria 2019 : Executive Summary: 3: 9: 41: ... Nigerian Gross Domestic Product Report (Expenditure and Income Approach) (Q3, Q4 2018 & Q1 2019) 2: 6: 7: Growth Rate, Contribution to GDP. Country Indicators. Data are compiled from official government sources or are computed by World Bank staff using national ( i.e. Just under one-quarter of Ghana’s population was below the poverty line in 2013. country–specific ) poverty lines. The latest version of the PPI for Ghana was created in May 2019 by Innovations for Poverty Action (IPA). 2006, poverty rates in the Upper West reached 84 percent, in the Upper East, 64 percent, and in Northern 42 percent. The poverty rate dropped by 25% between 1992 to 2005. The Bank of Ghana kept its monetary policy rate at an eight-year low of 14.5% during its January 2021 meeting, saying that risks to the outlook for inflation were broadly balanced. new poverty lines and a new set of items to be included in the welfare measurement. The Director-General of the National Development Planning Commission (NDPC), Mr. Kodjo Mensah-Abrampah, has said Ghana’s poverty reduction strategy made strides as the country’s poverty rate dropped to 23 percent in the last 27 years.Much of this progress was between 1992 to 2005, where the rate of poverty dropped to 25 percent. GDP growth (annual %) 6.3% 2018 6.5% 2019 . Ghana has a huge gap between rural and urban households, which almost doubled since the 1990s. Notes: The bank said that although inflation had been on a steady decline in the early months of the fourth quarter of 2020, it rose to 10.4% outside its target range of 8%, plus or minus 2 percentage points. Poverty headcount ratio at $1.90 a day (2011 PPP) (% of population) ... 29.8 2018 30.4 2019. There was also improvement on non-monetary indicators of poverty. Ghana is adopting a data-driven approach to fighting poverty It’s part of a broader development trend in West Africa. Economic growth slowed to an estimated 5.5 percent in 2013, but has positive prospects in the long-term . Nevertheless, by the end of this year, this rate will increase to over 3,000 people per day, resulting in a 1 million-person reduction in total African poverty in 2020. northern Ghana. This site uses cookies to optimize functionality and give you the best possible experience. © 2021 The World Bank Group, All Rights Reserved. Non-oil growth is expected to accelerate to 6% as the government’s new policies in the agriculture sector and the promotion of agribusiness begin to take effect. To learn more about cookies, click here. Highlights. Unemployment Rate in Ghana averaged 6.58 percent from 1991 until 2018, reaching an all time high of 10.40 percent in 2000 and a record low of 4.60 percent in 1991. Here are seven facts about poverty in Ghana. NOTE: The information regarding Population below poverty line (%) on this page is re-published from the CIA World Factbook 2019. No claims are made regarding the accuracy of Population below poverty line (%) information contained here. In 2012, Ghana’s poverty rate was less than half the African average of 43%. By Louise Twining-Ward (World Bank - Finance, Competitiveness and Innovation Global Practice, Markets & Technology Unit) Submitted on: 19 Nov, 2019. Poverty remains endemic in the northern regions of the country, with the poverty rate standing at 70.4 percent and 87.9 percent for Upper East and Upper West respectively in 2006. DISTRIBUTION OF INCOME OR CONSUMPTION BY QUINTILE : Sign Up for Email The Director General of the National Development Planning Commission (NDPC), has said Ghana’s poverty reduction strategy has made some strides as the country’s poverty rate dropped to 23 per cent in the last 27 years. Newsletters. For every 1,000 babies born in Ghana, nearly 50 will die by the age of five; only a few decades ago, the child mortality rate was more than double this1. Extreme poverty declined even more, dropping from 37.6% in 1991 to 9.6% in 2013. In fact, Ghana is the first country in Sub-Saharan Africa to achieve the Millenium Development Goal 1, which is the target of halving extreme poverty. However, the government did not do much between 2005 to 2017 to reduce poverty. Ghana has recently become a middle income country. Ghana poverty rate for 2012 was 59.80%, a 16.9% decline from 2005. International Poverty Line has a value of US$1.90 PPP National estimates are based on population-weighted subgroup estimates from household surveys. Lower Middle Income Class Poverty Line has a value of US$3.20 PPP Upper Middle Income Class Poverty Line has a value of US$5.50 PPP. If you continue to navigate this website beyond this page, cookies will be placed on your browser. While a 25 percent poverty rate may appear very high, it is significantly lower than the 43 percent poverty rate average in Africa. Significant progress has been made in poverty reduction. According to the Ghana Growth and Poverty Reduction Strategy (GPRS) 2006-2009 report, low productivity and poorly functioning markets for agricultural outputs are among the main causes of rural poverty, The country did not do much to reduce poverty … Poverty headcount ratio at national poverty lines (% of population) - Ghana World Bank, Global Poverty Working Group. Between the years 1991 and 2012, the poverty rate in Ghana has been cut by more than half, from 52 … The current population of Ghana in 2021 is 31,732,129, a 2.12% increase from 2020.; The population of Ghana in 2020 was 31,072,940, a 2.15% increase from 2019.; The population of Ghana in 2019 was 30,417,856, a 2.19% increase from 2018. The Northern region has the third highest poverty headcount in Ghana. Unemployment Rate in Ghana increased to 6.70 percent in 2018 from 6.60 percent in 2017. Ghana: Nutrition Profile Background Ghana is a mature and stable democracy, ranked in the lower-middle income status. World Bank, Global Poverty Working Group. Top 10 Facts about Poverty in Ghana. License: All the material produced by Our World in Data, including interactive visualizations and code, are completely open access under the Creative Commons BY license.You have the permission to use, distribute, and reproduce these in any medium, provided the source and authors are credited. The wealthiest decile now consume 6.8 times the amount than the poorest 10%, up from 6.4 times in 2006. 1 Ghana reduced poverty from 52 percent to 28 percent over the past decade 2 This page provides - Ghana Unemployment Rate - actual values, historical data, forecast, chart, statistics, … Poverty gap at $3.20 a day (2011 PPP) (%), Poverty headcount ratio at $1.90 a day (2011 PPP) (% of population), Multidimensional poverty headcount ratio (% of total population), Multidimensional poverty headcount ratio, male (% of male population), Multidimensional poverty index, children (population ages 0-17) (scale 0-1), Poverty headcount ratio at $5.50 a day (2011 PPP) (% of population), Multidimensional poverty headcount ratio, household (% of total households), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. country–specific ) poverty lines. Organizations that have been using the 2012 Ghana PPI may switch to using this 2016 Ghana PPI and compare estimates from the two versions, on average for national poverty … By Sigal Samuel May 30, 2019, 8:50am EDT Malaria Indicator Survey 2019. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Outlook: Economic growth is projected to increase to 7.6% in 2019. The percentage of people living in poverty in Ghana has been cut in half since 1992. In 2016, poverty rate at national poverty line for Ghana was 23.4 %. Ghana poverty rate for 2016 was 56.30%, a 3.5% decline from 2012. Ghana. Poverty headcount ratio at $1.90 a day (2011 PPP) (% of population), Multidimensional poverty, Headcount ratio (% of population), Shared Prosperity: Annualized growth in real per capita mean consumption or income (%), circa 2011 – 2017, Median income growth: Annualized growth in real per capita median income or consumption expenditure (%), circa 2011 – 2017, GNI per capita, Atlas method (current US$). The incidence of poverty is highest in East Gonja (84.2%), followed by Bole (79.4%) and Kpandai (76.9%) districts. Data are compiled from official government sources or are computed by World Bank staff using national ( i.e. Ghana’s rapid growth accelerated poverty reduction, cutting the poverty rate from 52.6% to 21.4% between 1991 and2012. In the last 27 years Ghana’s poverty rate has dropped by 23%. United Nations projections are also included through the year 2100. Very few children suffer from no deprivation (2.5 per cent) or one deprivation (8.3 per cent). As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions. Approximately three-in-four children (73.4 per cent) in Ghana are identified as multi-dimensionally poor, facing at least three deprivations at the same time. The Director-General of the National Development Planning Commission (NDPC), has said Ghana’s poverty reduction strategy has made some strides as Poverty rate drops to 23% in the last 27 years - NDPC boss - The Independent Ghana By Ghana Statistical Service (GSS) Submitted on: 05 Aug, 2020. Chart and table of Ghana population from 1950 to 2021. The new millennium took a toll, however, going from a 1.8% decrease in poverty per year in the 1990s to 1.1% since 2006. Ghana has two slightly different poverty lines over the years, one which applies to three rounds of the 1992, 1998 and 2006 GLSS, and a second which applies to the 2006 and 2013 GLSS. SHARED PROSPERITY AND MEDIAN INCOME GROWTH: The decomposition is not displayed either because the change in poverty between the spell is too small or the lack of availability of at least two household surveys. The Ghana cedi cumulatively depreciated by 8.2% in the year to July 18, 2019. Poverty rate at national poverty line of Ghana fell gradually from 31.9 % in 2005 to 23.4 % in 2016. The Poverty and Inequality analysis reveals that although Ghana celebrates being a Lower Middle Income Country, the gap between the poorest 10% and the richest 10% of the population has been on the rise and has increased since 2006. Ghana - Poverty headcount ratio at $1.9 PPP a day 13.0 (%) in 2016 In 2016, poverty rate for Ghana was 13 %. 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