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Ghana

#95 globallyAfrica

Average salary: $3,500/year Β· Currency: GHS β‚΅

Mean Annual Salary

$3,500

gross USD

Median Annual Salary

$2,500

gross USD

GDP per Capita

$2,351

current USD

PPP Factor

Γ—0.27

vs USD base

Tax Breakdown at Median Salary

Estimated
Gross Income$2,500
Income Tax$244
Social Security$94
Health Insurance$38

Take-Home (Net) Annual

$2,125

Effective Tax Rate

15.0%

* Based on median salary of $2,500. Estimated combined rate. Consult a tax professional for accurate calculations.

πŸ‡¬πŸ‡­ Ghana Economic Overview

Currency

GHS (β‚΅)

Region

Africa

Population

33.0M

Gini Coefficient

0.430

Cost of Living Index

27 (US=100)

Tax Data Available

Estimated

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Salary vs Global Benchmarks

Global Mean$18,000
Africa Mean$3,609
Ghana Mean$3,500

Global Ranking

#95

out of 117 countries

by average salary

About Salaries in Ghana

The average annual salary in Ghana is approximately $3,500 (gross, in USD), with a median of $2,500. The country ranks #95 out of 117 countries by average salary.

At the median salary, workers in Ghana take home approximately $2,125 after taxes β€” an effective tax rate of 15.0%. The purchasing power parity factor of Γ—0.27 means that in real terms, living costs are lower than in the United States.

Ghana is located in the Africa region. Income inequality, measured by the Gini coefficient, is 0.430 (high inequality).