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

Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash.
Nigeria slashes savings bond rates as liquidity rises and inflation eases
Read More »
Underground gold mine. Photo @ Pixabay
Tanzania gold exports surge 37% to $4.7bn as global prices boost earnings
Read More »
Airport. Photo by Rocker Sta @ Unsplash
African airlines outpace global rivals with double-digit growth in 2026
Read More »

Recent Politics

Edwin Sifuna, Kenya's ODM secretary-general. Photo: Edwin W Sifuna/Facebook
Is Edwin Sifuna Kenya’s new Raila Odinga?
Read More »
A cheerful Kenyan citizen at a public celebration. Photo: @ William Ruto/Facebook
Why is Kenya on full campaign mode one year to 2027 elections?
Read More »
Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Why are Nigerians protesting electoral reforms ahead of 2027 polls?
Read More »

Latest Posts

Latest news insights