GHANA

This report provides updated estimates of family living expenses and livingwage for the peri-urban Lower Volta Region of Ghana, where bananas are produced for export. The update for June 2023 takes into account inflation and changes in payroll deductions since the original Anker living wage study carried out in February 2017 (Smith, Anker & Anker, 2017).

This estimate has been revised to reflect the actual inflation rate in the country during 2022. The 2022 update previously published was calculated with the IMF projected inflation for the year. This report provides updated estimates of family living expenses and living wage for the peri-urban Lower Volta Region of Ghana, where bananas are produced for export. The update for 2022 takes into account inflation and changes in payroll deductions since the original Anker living wage study carried out in February 2017 (Smith, Anker & Anker, 2017).

This report updates the living wage and living expenses for the banana producing Lower Volta area in Ghana. The net living wage and living expenses are updated to the study month of the most recent calendar year – February 2019 – to take into account the amount of inflation since the original February 2017 living wage study. Without accounting for inflation, the net living wage estimated in 2017 would not be sufficient for workers to have a basic but decent standard of living in 2019 because the purchasing power of the living wage would have decreased compared to what it was in 2017. Similarly, living expenses for a reference family are also updated to February 2019 to account for inflation. The gross living wage is updated to February 2019 by taking into consideration mandatory deductions from pay on the updated living wage. This is done using February 2019 laws.