Ghana’s Inflation Outlook: World Bank Projects 17.2% for 2025

In its latest Africa Pulse Report (April 2025), the World Bank forecasts Ghana’s inflation rate at 17.2% for 2025—slightly higher than the IMF programme target of 15%, but signaling a notable downward trend.

Looking ahead, inflation is expected to drop sharply to 9.4% in 2026, and further to 8.0% by 2027, reflecting growing macroeconomic stability and regional trends.

🔎 Ghana remains one of 14 African countries still experiencing double-digit inflation, alongside nations such as Nigeria, Angola, and Zimbabwe. However, this number is projected to fall significantly by 2027 as inflation across the region continues to converge toward target levels.

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While this outlook is encouraging, the World Bank warns that risks remain, especially from potential global trade restrictions that could reignite price pressures.

📉 Across Sub-Saharan Africa, 70% of countries recorded a slowdown in inflation in 2024, largely due to:

  • Easing supply chain pressures
  • Contractionary fiscal and monetary policy
  • Improved currency stability

At Bizexcel Partners, we are closely monitoring these trends to help our clients navigate the shifting economic landscape. Businesses and individuals alike must stay agile—inflation management, cost control, and strategic planning are more critical than ever.

Need help understanding how these projections impact your business or financial goals? Get in touch with our team of experts for tailored financial advice and accounting solutions.

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