Fitch Solutions expects Ghana’s growth to hold around 5.% in 2026
UK-based research firm Fitch Solutions has revised Ghana’s growth projection for 2025 from 4.2% to 4.9%.
This reflects improved macroeconomic stability, supported by a decline in inflationary pressures and the current appreciation of the cedi.
In its September 2025 monthly report, Fitch noted that Ghana’s economy remained steady despite headwinds from fiscal consolidation and high interest rates.
Fitch expects growth to hold at around 5% in 2026, backed by lower inflation, monetary easing, and increased public expenditure.
The stronger outlook follows a robust first-quarter performance, with GDP expanding by 5.3% year-on-year, driven largely by improved agricultural output.
Fitch Solutions revises Ghana’s GDP growth forecast from 4.2% to 4.9%
Data from the Ghana Statistical Service (GSS) shows growth moderated to 4.5% in July 2025, compared to 8.3% during the same period last year.
Agriculture remained the top performer, expanding by 8.0%, a sharp rebound from 2.4% in July 2024.
The report also projects inflation to decline to 8.0% by the end of 2025, down from 11.5% in August, marking the lowest rate in four years.
SP/MA
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