Ghana economy grows 6% in 2025, fastest pace since 2019 – World Bank
Ghana’s economy grew by 6% in 2025, its fastest annual expansion since 2019, before accelerating further in early 2026. But the World Bank says persistent poverty, weak job creation and infrastructure constraints threaten to limit the benefits of the recovery.
Ghana’s economy grew by 6% in 2025, its fastest annual growth rate since 2019, the World Bank says.
The economy expanded further in the first quarter of 2026, recording 6.4% growth, according to Robert R. Taliercio, the World Bank Division Director for Ghana, Liberia and Sierra Leone.
Mr Taliercio was speaking in Accra on Wednesday, 26 August, at the launch of the World Bank’s Tenth Ghana Economic Update.
“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 said.
The figures point to a stronger economic recovery after years of significant economic difficulties.
Mr Taliercio said the growth performance reflected progress in restoring macroeconomic stability.
But he warned that the headline growth figures should not be mistaken for a complete economic recovery.
Ghana’s recovery remains “structurally incomplete”, he said, with persistent poverty, weak job creation and infrastructure constraints continuing to weigh on the economy.
The warning highlights a key challenge for Ghana: ensuring that stronger economic growth translates into better living standards for households.
A rising growth rate indicates that economic activity is expanding, but it does not by itself show how evenly the benefits are being distributed or whether
enough jobs and incomes are being created.
For Ghanaian households, the impact of the recovery will therefore depend not only on the pace of economic expansion but also on whether it improves employment opportunities and household incomes.
Mr Taliercio's comments suggest that, despite the improved growth performance, Ghana still faces significant structural challenges that could undermine the sustainability of the recovery.
The World Bank's assessment also puts greater emphasis on the quality of growth, rather than growth figures alone.
The latest performance comes as Ghana continues efforts to restore economic
stability following the challenges of recent years.
However, according to the World Bank, persistent poverty, limited job creation and gaps in infrastructure remain barriers to ensuring that economic recovery produces broader improvements in living standards.