Business, National

World Bank Boosts Ghana’s 2025 Growth Forecast to 4.3%

Published on October 8, 2025
By Agnes Oteng

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.

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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.

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