By: Akua Oteng Amponsah
The World Bank has upgraded Ghana’s economic growth forecast for 2025 to 4.3%, up from its previous estimate of 3.9%.
This revision reflects renewed confidence in the country’s economic recovery.
According to the World Bank’s Africa’s Pulse Report, Ghana’s economy grew by 6.3% in the second quarter of 2025, driven primarily by the services sector.
The World Bank projects Ghana’s growth to reach 4.6% in 2026 and 4.8% in 2027. For Sub-Saharan Africa, the bank forecasts a growth rate of 3.8% in 2025, up from 3.5% in 2024.
This growth is attributed to easing inflation and a modest increase in investment.
The World Bank expects Ghana’s inflation to end 2025 at 15.4%, which contrasts with the official rate of 9.4% in September 2025.
However, the bank is optimistic that inflation will continue to ease, dropping to 9.4% in 2026. The Bank of Ghana also anticipates inflation to remain within the single-digit range by year-end.
Despite the positive outlook, the World Bank cautioned that risks remain, including trade policy uncertainty and weak investor sentiment.
“The number of African countries with double-digit inflation has dropped sharplyfrom 23 in October 2022 to 10 in July 2025—reflecting progress in price stabilization,” the report noted.
