Ghana is projected to reach a gross domestic product of about one hundred billion dollars by the end of the year in monetary terms, driven by positive economic indicators.
This is according to the Director of the Real Sector Policy Division at the Ministry of Finance, Samuel Akhurst.
The country’s Gross Domestic Product in monetary terms currently stands at about 49 billion dollars following the economic rebasing.
Speaking at the Deloitte Economic Dialogue in Accra, Samuel Akhurst hinted that the country will end the year with a higher per capita income and GDP level that could push Ghana further into the higher segment of the lower middle-income category.
“Having growth as a key important dynamic is extremely important now. In addition to this, I will mention something to you which I’m not sure anybody has observed,” he said.
About 10 years ago, in dollar terms, our gross domestic growth was around 49 billion U.S. dollars.
Today, one of the key things about the economic performance in 2025 is that things are pointing in the direction that Ghana, for the very first time by the end of 2025, which will be calculated by next year in April, will be in a pole position to hit $100 billion for the first time in our history.
At the same time, it’s possible our per capita income will hit about $3000 also for the very first time.
Inching up away from the median into the higher level of the lower middle-income bracket,” he disclosed.
Presenting its verdict on the budget, the Country Managing Partner at Deloitte, Daniel Owusu, said the economy has shown optimism and resilience after the domestic debt exchange programme.
He believes that businesses will have more confidence to invest in the economy from next year.
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