95% of Ghanaians Say Macroeconomic Performance Met Expectations in First Half of 2025 – PwC Survey

An overwhelming 95% of Ghanaians believe the country’s macroeconomic performance in the first half of 2025 met or exceeded their expectations, according to a new online survey conducted by professional services firm PwC.

The survey revealed growing optimism about Ghana’s economic trajectory, with 68% of respondents confident that the 2025 real GDP growth target of 4.0% will be achieved or surpassed.

However, the report noted a lingering disconnect between macro-level improvements and household realities. Approximately 45% of respondents indicated that the recent drop in inflation has yet to reflect in their daily lives.

Nonetheless, optimism remains strong, as 62% believe the targeted end-period inflation will be achieved or exceeded. The Bank of Ghana is aiming for an end-of-year inflation of 12%, while the Government targets approximately 11%.

“While many Ghanaians do not feel the benefits, two-thirds believe the performance will hold or be even better in the second half of the year,” the PwC report noted.

On tax policy, 60% of respondents described the tax environment in the first half of 2025 as supportive, though requiring improvement. However, 25% said their experience with tax administration remained unsatisfactory.

The findings underscore a cautiously optimistic outlook among Ghanaians, with stakeholders urging policymakers to ensure that macroeconomic gains translate into improved household welfare in the coming months.

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