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Ghana's Gold Boom: A New Formula for Economic Growth

Ghana has seen a significant increase in gold export earnings, with a record 6 million ounces produced in 2025. The country's gold trade has been formalized, leading to a doubling of export earnings. Ghana's focus on controlling the gold trade has paid off, but the country's dependence on gold raises concerns about its economic resilience.

At a glance

  • Ghana's gold export earnings nearly doubled in 2025, reaching $20.2 billion.
  • The country's gold production reached a record 6 million ounces in 2025.
  • Ghana's formalization of the gold trade has led to increased export earnings.
  • The country's dependence on gold raises concerns about its economic resilience.
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