In 2023, international tourist expenditures for passenger transport items in Ghana stood at $1,269.6 million. Between 2013 and 2023, there was notable volatility with a significant dip in 2020 (-20.06%) largely attributable to the COVID-19 pandemic. The year-on-year variations over the last two years show a positive growth of 15.34% in 2022 and 11.91% in 2023. The average annual variation (CAGR) over the last five years is 7.63%. Forecasts suggest a steady growth trend with a five-year CAGR of 4.56%, leading to a 24.98% increase by 2028, reaching $1,695.3 million.
Future trends to watch for include:
- The impact of global travel policies and economic conditions on tourism inflows.
- Developments in Ghana’s infrastructure and transport services.
- Shifts in traveler preferences and emerging markets.
