Ghana inflation fell to about 3.4% in 2026, near a 30-year low, as record rate cuts and a gold boom drove the Accra stock market up roughly 73%.
Ghana's inflation fell to 3.4% from 23.8% (end-2024) on record gold output; stock market surged 73% as rate cuts restored confidence. Stabilized macros and renewed appetite signal capital toward frontier tech infrastructure; fiscal discipline enables regional buildout.
Ghana · Markets
Key Facts
—A dramatic turnaround: Headline inflation fell to about 3.4% by May 2026, down from 23.8% at the end of 2024, among the lowest readings in nearly three decades.
—Rates follow prices down: The Bank of Ghana has cut its policy rate to about 14%, from peaks above 30% in 2023, with further easing expected.
—A market on fire: The Ghana Stock Exchange Composite Index has climbed roughly 73% in 2026, crossing 15,000 points for the first time.
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