Fitch Solutions is projecting that Ghana’s economic growth in 2026 will remain strong, despite a slowdown in economic activity in the third quarter of 2025.

The firm notes that domestic demand is expected to remain relatively robust in the first two quarters of 2026, supported by easing inflation and interest rates.

“We project economic momentum in Ghana to remain robust, with real GDP growth edging up from 5.8% in 2025 to 5.9% in 2026,” Fitch stated.

Fitch revises Ghana's growth projection to 4.9%

Fixed investment is also expected to remain a key driver of growth in 2026. According to the firm, the Bank of Ghana’s easing cycle will feed through to the real economy and support a recovery in private-sector borrowing after three years of weakness.

Investment activity is also expected to benefit from the anticipated implementation of the Public–Private Partnership Act and the Corporate Insolvency and Restructuring Act, which should strengthen the regulatory environment.

Fitch further noted that public-sector capital expenditure is set to rebound after a notably weak 2025. The firm forecast fixed investment to grow by 10.0% in 2026, contributing 1.5 percentage points to headline economic growth.

SP/MA

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