Ghana Digital Remittance Market (2025-2031) Outlook | Forecast, Trends, Growth, Industry, Revenue, Companies, Share, Analysis, Size & Value

Market Forecast By Type (Inward Digital Remittance, Outward Digital Remittance), By Channel (Banks, Money Transfer Operators, Online Platforms, Others), By End-use (Migrant Labor Workforce, Personal, Small Businesses, Others) And Competitive Landscape
Product Code: ETC420772 Publication Date: Oct 2022 Updated Date: Apr 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Shubham Padhi No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Ghana Digital Remittance Market Size Growth Rate


The Ghana Digital Remittance Market is likely to experience consistent growth rate gains over the period 2025 to 2029. The growth rate starts at 4.34% in 2025 and reaches 11.45% by 2029.

Ghana Digital Remittance Market Size Growth Rate

Digital Remittance Market: Ghana vs Top 5 Major Economies in 2027 (Africa)


The Digital Remittance market in Ghana is projected to grow at a growing growth rate of 5.70% by 2027, highlighting the country's increasing focus on advanced technologies within the Africa region, where Egypt holds the dominant position, followed closely by South Africa, Ethiopia, Algeria and Nigeria, shaping overall regional demand.

Digital Remittance Market: Ghana vs Top 5 Major Economies in 2027 (Africa)

Ghana Digital Remittance Market Overview

Digital remittance platforms facilitate fast, secure, and low-cost transfer of money internationally and domestically using digital channels such as mobile wallets, online banking, and remittance apps. In Ghana, the digital remittance market is growing as diaspora communities, migrants, and businesses rely on digital solutions for sending and receiving funds, driving financial inclusion and economic development.

Drivers of the market

The increasing adoption of digital remittance platforms and mobile payment solutions for cross-border money transfers, international payments, and financial inclusion initiatives in Ghana is driving the growth of the digital remittance market. Digital remittance services offer convenience, speed, and cost-effectiveness compared to traditional remittance channels, driving financial access and empowerment for unbanked and underbanked populations.

Challenges of the market

Challenges in the digital remittance market in Ghana include regulatory compliance and anti-money laundering (AML) regulations affecting cross-border money transfers and payment processing. Moreover, addressing network connectivity and access barriers in rural areas may pose challenges for digital remittance service providers in reaching underserved populations.

Government Policy of the market

In response to the growing importance of digital remittances in Ghana economy, the government has implemented policies to promote the use of digital channels for cross-border money transfers. These policies include streamlining regulatory processes to encourage competition and innovation in the digital remittance market, investing in digital payment infrastructure, and collaborating with international partners to improve the efficiency and security of digital remittance transactions.

Key Highlights of the Report:

  • Ghana Digital Remittance Market Outlook
  • Market Size of Ghana Digital Remittance Market, 2024
  • Forecast of Ghana Digital Remittance Market, 2031
  • Historical Data and Forecast of Ghana Digital Remittance Revenues & Volume for the Period 2021-2031
  • Ghana Digital Remittance Market Trend Evolution
  • Ghana Digital Remittance Market Drivers and Challenges
  • Ghana Digital Remittance Price Trends
  • Ghana Digital Remittance Porter's Five Forces
  • Ghana Digital Remittance Industry Life Cycle
  • Historical Data and Forecast of Ghana Digital Remittance Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Ghana Digital Remittance Market Revenues & Volume By Inward Digital Remittance for the Period 2021-2031
  • Historical Data and Forecast of Ghana Digital Remittance Market Revenues & Volume By Outward Digital Remittance for the Period 2021-2031
  • Historical Data and Forecast of Ghana Digital Remittance Market Revenues & Volume By Channel for the Period 2021-2031
  • Historical Data and Forecast of Ghana Digital Remittance Market Revenues & Volume By Banks for the Period 2021-2031
  • Historical Data and Forecast of Ghana Digital Remittance Market Revenues & Volume By Money Transfer Operators for the Period 2021-2031
  • Historical Data and Forecast of Ghana Digital Remittance Market Revenues & Volume By Online Platforms for the Period 2021-2031
  • Historical Data and Forecast of Ghana Digital Remittance Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Ghana Digital Remittance Market Revenues & Volume By End-use for the Period 2021-2031
  • Historical Data and Forecast of Ghana Digital Remittance Market Revenues & Volume By Migrant Labor Workforce for the Period 2021-2031
  • Historical Data and Forecast of Ghana Digital Remittance Market Revenues & Volume By Personal for the Period 2021-2031
  • Historical Data and Forecast of Ghana Digital Remittance Market Revenues & Volume By Small Businesses for the Period 2021-2031
  • Historical Data and Forecast of Ghana Digital Remittance Market Revenues & Volume By Others for the Period 2021-2031
  • Ghana Digital Remittance Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Channel
  • Market Opportunity Assessment By End-use
  • Ghana Digital Remittance Top Companies Market Share
  • Ghana Digital Remittance Competitive Benchmarking By Technical and Operational Parameters
  • Ghana Digital Remittance Company Profiles
  • Ghana Digital Remittance Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Ghana Digital Remittance Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Ghana Digital Remittance Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Ghana Digital Remittance Market Overview

3.1 Ghana Country Macro Economic Indicators

3.2 Ghana Digital Remittance Market Revenues & Volume, 2021 & 2031F

3.3 Ghana Digital Remittance Market - Industry Life Cycle

3.4 Ghana Digital Remittance Market - Porter's Five Forces

3.5 Ghana Digital Remittance Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Ghana Digital Remittance Market Revenues & Volume Share, By Channel, 2021 & 2031F

3.7 Ghana Digital Remittance Market Revenues & Volume Share, By End-use, 2021 & 2031F

4 Ghana Digital Remittance Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Ghana Digital Remittance Market Trends

6 Ghana Digital Remittance Market, By Types

6.1 Ghana Digital Remittance Market, By Type

6.1.1 Overview and Analysis

6.1.2 Ghana Digital Remittance Market Revenues & Volume, By Type, 2021-2031F

6.1.3 Ghana Digital Remittance Market Revenues & Volume, By Inward Digital Remittance, 2021-2031F

6.1.4 Ghana Digital Remittance Market Revenues & Volume, By Outward Digital Remittance, 2021-2031F

6.2 Ghana Digital Remittance Market, By Channel

6.2.1 Overview and Analysis

6.2.2 Ghana Digital Remittance Market Revenues & Volume, By Banks, 2021-2031F

6.2.3 Ghana Digital Remittance Market Revenues & Volume, By Money Transfer Operators, 2021-2031F

6.2.4 Ghana Digital Remittance Market Revenues & Volume, By Online Platforms, 2021-2031F

6.2.5 Ghana Digital Remittance Market Revenues & Volume, By Others, 2021-2031F

6.3 Ghana Digital Remittance Market, By End-use

6.3.1 Overview and Analysis

6.3.2 Ghana Digital Remittance Market Revenues & Volume, By Migrant Labor Workforce, 2021-2031F

6.3.3 Ghana Digital Remittance Market Revenues & Volume, By Personal, 2021-2031F

6.3.4 Ghana Digital Remittance Market Revenues & Volume, By Small Businesses, 2021-2031F

6.3.5 Ghana Digital Remittance Market Revenues & Volume, By Others, 2021-2031F

7 Ghana Digital Remittance Market Import-Export Trade Statistics

7.1 Ghana Digital Remittance Market Export to Major Countries

7.2 Ghana Digital Remittance Market Imports from Major Countries

8 Ghana Digital Remittance Market Key Performance Indicators

9 Ghana Digital Remittance Market - Opportunity Assessment

9.1 Ghana Digital Remittance Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Ghana Digital Remittance Market Opportunity Assessment, By Channel, 2021 & 2031F

9.3 Ghana Digital Remittance Market Opportunity Assessment, By End-use, 2021 & 2031F

10 Ghana Digital Remittance Market - Competitive Landscape

10.1 Ghana Digital Remittance Market Revenue Share, By Companies, 2024

10.2 Ghana Digital Remittance Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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