Politics

Ghana set to cross $100 billion GDP milestone by 2025 – Finance Ministry

The Ministry of Finance has hinted that Ghana’s Gross Domestic Product (GDP) could surpass $100 billion for the first time in its history.

At the Deloitte Economic Dialogue on the 2026 Budget, the Coordinating Director (Technical) and Director of the Real Sector Division at the Ministry, Samuel Arkhurst, said current indicators point to unprecedented growth.

“For the very first time by the end of 2025, Ghana will be in a pole position to hit $100 billion for the first time in our history,” he stated, referencing gains following the recent economic rebasing.

He added that Ghana’s per capita income is also expected to climb. According to him, the figure could reach $3,000 next year, positioning the country firmly in the upper band of the lower-middle-income category.

The dialogue, themed “Charting Ghana’s Economic Path: Policies, Progress, and Opportunities,” brought together economic actors to assess the nation’s trajectory.

Offering an independent outlook, Deloitte’s Country Managing Partner, Daniel Kwadwo Owusu, said the economy has shown “impressive optimism and resilience” after the Domestic Debt Exchange Programme.

He expressed confidence that the stability emerging from the programme would boost business sentiment and investment from 2026 onward.

The projections, while ambitious, depend heavily on maintaining fiscal discipline and advancing structural reforms aimed at sustaining growth momentum.

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