World Bank projects 4.3 percent growth rate for Ghana in 2025
The World Bank, in its October 2025 Africa Pulse Report, has revised Ghana’s 2025 economic growth forecast upward from an earlier projection of 3.9 percent to 4.3 percent.
The revised forecast remains slightly below the government’s 4.4 percent growth target set in its 2025 budget. According to the Bank, the adjustment signals renewed confidence in Ghana’s growth recovery.
Ghana’s economy expanded by 6.3% in the second quarter of 2025, driven largely by the services sector, which grew by 9.9% and contributed the most to GDP.
World Bank flags gaps in Ghana’s job market
The World Bank projects growth to strengthen further to 4.6% in 2026 and 4.8% in 2027, reflecting a positive medium-term outlook.
Across the continent, Sub-Saharan Africa’s economy is expected to grow by 3.8% in 2025, up from 3.5% in 2024. The Bank attributed the rebound to easing inflationary pressures and a modest recovery in investment, despite persistent global headwinds.
It noted that the number of African countries with double-digit inflation has dropped sharply, from 23 in October 2022 to 10 in July 2025, highlighting progress in price stabilization.
However, the report cautioned that downside risks remain, including trade policy uncertainty, weak investor sentiment, and shrinking access to external finance and aid.
Read the full report below:
SP/MA
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