Ghana's economy grows by 6% in 2025, fastest in seven years – World Bank

Ghana’s economic recovery is showing strong signs of improvement, but the country still faces major challenges in translating growth into better living conditions, the World Bank has said.

The World Bank Division Director for Ghana, Liberia and Sierra Leone, Robert R. Taliercio, said Ghana’s economy grew by 6% in 2025, the fastest annual growth since 2019.

Speaking at the launch of the World Bank’s Tenth Ghana Economic Update in Accra on Wednesday, August 26, 2026, he said the positive trend had continued into 2026, with the economy growing by 6.4% in the first quarter.

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“The economy grew by 6% in 2025, the fastest pace since 2019, before accelerating further to 6.4% in the first quarter of 2026,” he stated.

He said the performance reflected progress in restoring macroeconomic stability after years of economic difficulties.

However, Taliercio cautioned that the strong growth figures did not mean Ghana’s economic recovery was complete.

According to him, persistent poverty, weak job creation and infrastructure constraints continue to limit the impact of economic growth on households.

He called for reforms to create more jobs, boost productivity and improve living conditions.

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The World Bank also urged Ghana to maintain fiscal discipline, strengthen domestic revenue mobilisation and address structural challenges to sustain the country’s growth momentum over the medium term.

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