Ghana's public debt decreased by 16.5%
According to the African Development Bank, Ghana's economy remained resilient in 2025, with GDP growing by 5.8% compared to 5.6% in 2024. The growth was supported by the service sector and steady private consumption.
Inflation decreased to 14.6% from 22.9%, the budget deficit decreased to 2.4% of GDP from 6.3%, and the national debt decreased to 45.3% of GDP from 61.8%. The current account balance also improved, rising from 2% to 4.4% of GDP, and exports relative to imports increased to 5.8%.
Ghana's economic growth is projected to slow to 5% in 2026 and 5.4% in 2027. Inflation is expected to fall to 9% in 2026 and 7.2% in 2027, while the budget deficit is projected to fall to 2.6% and 2.2% of GDP, respectively.
AFRICAN DEVELOPMENT BANK
