Key Market Indicators
Ghana's vehicle registration is projected to decline over the next five years, with figures expected to drop to approximately 4,600 units by 2028, down from about 5,400 units in 2023. This represents an annual decrease of 2.5%, according to recent data. The trend reflects a continuing decline in Ghana's vehicle market, which has seen an average yearly drop of 5.2% since 2010. In the global ranking for 2023, Ghana stood at number 103, with Senegal just ahead, registering roughly 5,400 units. On the global stage, Canada, China, and Austria secured the second, third, and fourth spots in vehicle registration numbers, respectively.
