Ghana COVID-19 Business Tracker Survey Wave 2 Report

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Ghana COVID-19 Business Tracker Survey Wave 2 Report

November 12, 2020

The shock caused by the COVID-19 pandemic has had considerable impacts on Ghanaian firms. Collaborating with the United Nations Development Programme (UNDP) and the World Bank, the Ghana Statistical Service’s Business Tracker Survey aims at providing critical information to help the Government of Ghana, development partners and other organizations monitor the effects of the pandemic on businesses. The second round (a panel survey) was conducted between August 15 - September 10, 2020, following up on the first round conducted between May 26 - June 17, 2020. A total of 3,658 firms were interviewed as part of the second-round survey. 

The findings reveal Ghanaian businesses have witnessed some improvements in terms of recovering, as many firms have fully re-opened, following the lifting of the country’s partial lockdown. However, the results show that firms continue to report declines in sales, difficulties in sourcing inputs, and challenges in finding financial resources to cover revenue shortfalls. Download the brief report here