The Coordinating Director (Technical) and Director, Real Sector Division at the Ministry of Finance, Samuel Arkhurst, has revealed an optimistic projection that Ghana’s Gross Domestic Product (GDP) in monetary terms is set to hit $100 billion by the end of 2025, a historic first for the nation.
Speaking at the Deloitte Economic Dialogue on the 2026 budget in Accra, Arkhurst highlighted that positive economic indicators are driving this remarkable potential growth from the current GDP of approximately $49 billion, following the economic rebasing.
“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,” Arkhurst announced.
The anticipated economic surge is also expected to propel Ghana’s individual prosperity. Arkhurst stated that the country’s per capita income is likely to reach $3,000 for the first time, a figure he believes will solidify Ghana’s position in the higher segment of the lower middle-income category, moving it significantly away from the median.
The Deloitte Economic Dialogue, held under the theme, “Charting Ghana’s Economic Path: Policies, Progress, and Opportunities,” served as a platform to discuss the key drivers of this projected success.
Offering an assessment of the current financial climate, the Country Managing Partner at Deloitte, Daniel Kwadwo Owusu, expressed confidence in the country’s economic outlook.
Owusu noted that the economy has displayed impressive optimism and resilience following the challenging Domestic Debt Exchange Programme (DDEP). He stated that this demonstrable stability is expected to translate into greater business confidence and increased investment starting from next year.
The projections signal a renewed drive toward economic self-sufficiency and a stronger position for Ghana on the global stage, contingent upon the continued successful implementation of fiscal and structural policies.
Source: 3news.com
