Unemployment Rate Evolution in Ghana from 1991 to 2022

Ghana experienced rising unemployment in the 1990s, peaking at 10.5% in 2000 due to economic restructuring. By 2006, job creation efforts lowered the rate to 4.9%, with a significant dip to 2.2% in 2013, reflecting positive impacts of economic reforms. Fluctuations followed, with the rate stabilizing at 3.1% in 2022. Ghana’s economy remains vulnerable to global commodity prices, particularly in mining and agriculture, highlighting the importance of diversifying to maintain job stability.