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Ghana’s economy to expand by 4.4% in 2025, lower than anticipated 5.5% in 2024 – Fitch Solutions

Ghana’s economy will expand by 4.4% in 2025, lower than the anticipated 5.5% Gross Domestic Product growth in 2024.

According to Fitch Solutions, although this represents a deceleration compared to 2024, it will remain above the 3.6% it forecast for Sub-Saharan Africa in 2025.

This 4.4% GDP growth will keep Ghana a regional outperformer.

The UK-based firm added that private consumption will remain the engine of growth next year.

“We expect inflation to trend down through 2025, averaging 16.0%, the lowest annual rate since 2021. Easing price pressures will bolster the purchasing power of households, boost consumer confidence, and incentivize private consumption”, it mentioned.

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