While reading the 2026 Mid- Year Budget Review in Parliament, the Finance Minister of the Republic, Hon. Cassiel Ato Forson said that Ghana’s recent economic gains have pushed Ghana up the ladder of economic growth saying the country is eight in Africa.
The Minister said the gains are are real with Ghana’s GDP growing significantly from 6.0% in 2025 to 6.4% in the first half of 2026.
“Real GDP grew by 6.0 percent in 2025, the fastest pace of economic expansion since 2019. Instructively, non-oil GDP grew by 7.6 percent in 2025, the highest rate in fourteen years, demonstrating that Ghana’s recovery extends well beyond favourable commodity prices” he said.
He said that the country’s per capita income has increased by more than US$850 with the economy exceeding US$100 billion.
“Mr. Speaker, for the first time in our nation’s history, the size of Ghana’s economy exceeded US$100 billion in 2025, firmly establishing Ghana as a major emerging economy. Ghana’s per capita income increased by more than US$850 in just one year, rising from US$2,527 in 2024 to US$3,385 at the end of 2025,” he said.