The Bank of Ghana has disclosed that its international reserves could exceed $13 billion by the end of 2025.

According to the central bank, the projection is based on data as of mid-December 2025 and is expected to boost investor and donor confidence.

The Bank of Ghana stated that, as of the end of October 2025, Ghana’s international reserves stood at $11.4 billion, up from $7.4 billion in October 2024, according to its November Economic and Financial Data.

“Tentative data from the Bank of Ghana (BoG) as of mid-December 2025 suggest that international reserves could exceed US$13 billion by the end of 2025, contributing to rising confidence in the economy,” the BoG said in a statement issued on December 25, 2025.

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The 2025 development indicates that the Bank of Ghana added about $4 billion to its international reserves this year, marking another record achievement in the country’s reserves build-up.

In 2025, the central bank auctioned approximately $10 billion to meet obligations to Independent Power Producers (IPPs), bondholders, dividend payments, and other essential commitments.

Read BoG's full statement below:



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