Ghana Records GH¢7.4b in Informal Cross-Border Trade
Ghana recorded GH¢7.4 billion worth of informal cross-border trade (ICBT) during the final quarter of 2024, representing about 4.3 per cent of total trade, according to the Ghana Statistical Service (GSS).
The findings highlighted the immense contribution of unrecorded trade to the economy and underscored the importance of integrating informal traders into mainstream economic planning.
The data was compiled from 321 border points across 10 regions, forming part of Ghana’s first-ever comprehensive assessment of informal cross-border trade.
- The survey measured both imports and exports of goods and services not captured in official trade records.
- These activities contribute to economic livelihoods, food supply, and regional integration.
Author's summary: Ghana's informal cross-border trade hits GH¢7.4b.
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