Search

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

Subscriber only Subscriber only
  • 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.

You need an active subscription to continue reading this article.

Recent Business

Roundabout in Yaounde, Cameroon @ Pexels
Cameroon seeks $1.7 billion in fresh borrowing to cover fiscal gap
Read More »
Ecobank building @ Pexels
Is Ecobank’s AI bet paying off as Nedbank exits and Nkontchou doubles down?
Read More »
Palm oil stall by roadside. Photo by Chris Wade @ Pexels
Nigeria’s Presco wins approval for $172mn palm oil acquisitions in West Africa
Read More »

Recent Politics

Photo by Omotayo Tajudeen © Unsplash /Nigeria
Nigeria arrests Al-Qaeda-linked rebels disrupting food supply
Read More »
Kenya youth protest @ Unsplash
Kenya’s Gachagua cuts short U.S. trip as political feud with Ruto heats up
Read More »
Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Is U.S.-Kenya tension over Sudan rebel links really about China?
Read More »

Latest Posts

Latest news insights