Key Market Indicators
Ghana's mobile subscriber base is projected to decline over the next five years, with subscriptions expected to drop from approximately 39.8 million in 2023 to around 37.8 million by 2028. This represents a compound annual growth rate (CAGR) decrease of 0.8% year on year. Historical data shows that since 1997, demand for mobile subscriptions in Ghana has been gradually decreasing at an annual rate of 0.6%. In the global ranking for 2023, Ghana was placed at number 39, with Peru surpassing it with roughly 39.8 million subscriptions. Leading the global rankings were India, the United States, and Indonesia, occupying the second, third, and fourth positions respectively.
