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.