Search

Ghana’s Economic Outlook: Modest Growth in 2024 with Stronger Rebound Expected

  • Ghana’s economy projected to grow by 2.9% in 2024, with acceleration to 4.4% in 2025
  • Election-related spending and fiscal reforms to influence short-term growth

 

Accra, Ghana – Ghana’s economy is expected to grow by 2.9 percent in 2024, but a strong rebound is anticipated in the following years, according to the latest Global Economic Prospects report from the World Bank released Wednesday. The report forecasts Ghana’s GDP growth accelerating to 4.4 percent in 2025 and 4.9 percent in 2026.

Recent Business

Woman selling fruit in Tanzanian Market. Photo by David Cashbaugh @ Unsplash
Benin inflation falls to 0.9% as food prices ease despite utility pressures
Read More »
Rwanda motorists Photo @ Pixabay
Rwanda inflation surges to 8.9%, raising cost-of-living pressures
Read More »
A happy cocoa farmer. Photo @ Pixabay
Is Ghana’s cocoa financing model finally broken?
Read More »

Recent Politics

Herdsmen in Ethiopia. Photo by Hanna Grace @ Unsplash
Ethiopia accuses Eritrea of territorial occupation, demands troop withdrawal
Read More »
Kenya youth protest @ Unsplash
Kenya church attack on ex–deputy president exposes security rifts
Read More »
Ghana ex-vice president Mahamudu Bawumia to lead opposition NPP in 2028 polls. Photo: Bawumia/Facebook page
Ghana opposition NPP re-elects Bawumia as flagbearer ahead of 2028 polls
Read More »

Latest Posts

Latest news insights