Number of people living in extreme poverty in Ghana 2016-2026

As of 2024, some 6.9 million people in Ghana lived in extreme poverty, with the poverty threshold at 2.15 U.S. dollars per day. This stood as an increase from the previous year when roughly 6.8 million people lived in the said state of poverty. In 2026, around 6.7 million Ghanaians are expected to live on a maximum of 2.15 U.S. dollars daily.

Poverty in the country is segregated

Indeed, poverty figures do not considerably vary when considering men and women apart. In 2024, around 3.5 million men lived in extreme poverty in Ghana, while the count reached roughly 3.3 million for women. On the other hand, in distinguishing the state of extreme poverty among rural and urban dwellers, the difference is striking, even when based on the previously set poverty line of 1.90 U.S. dollars per day. Overall, 1.1 percent of the world's population in extreme poverty lived in Ghana as of 2024.

Ghana's Private Wealth Position in Africa

Ghana is one of the African countries with the highest private wealth concentration, ranking 6th after Kenya as of 2021. That year, the country's total private wealth amounted to 59 billion U.S. dollars, corresponding to around 1,900 U.S. dollars per capita. Between 2011 and 2021, the total wealth held by individuals in Ghana increased, representing a higher growth in comparison to other African countries save five. Overall, the nation ranks 9th in Africa in terms of countries with high net-worth individuals.