Ghana’s economy to grow by 4.0% in 2025 – IMF

Ghana’s economy is expected to grow by 4.0% in 2025. This is below the government’s target of 4.4%. The International Monetary Fund (IMF) provided this forecast in its latest report.

In 2026, Ghana's growth is projected to rise to 4.8%. Across Sub-Saharan Africa, economic growth will slow to 3.8% in 2025. This is down from 4.0% in 2024, reflecting regional challenges.

The IMF attributes the slowdown to global trade tensions and tighter financial conditions. Softer commodity prices and weaker external demand are also significant factors. Limited access to financing affects commodity-dependent economies and those tied closely to the U.S.

The report warns that global uncertainty may worsen investor sentiment. Potential trade disruptions or monetary tightening could raise borrowing costs across the region. For Ghana, these projections highlight ongoing challenges for policymakers.

They must maintain macroeconomic stability and rebuild growth momentum after years of shocks and fiscal strain.