Economy to expand marginally to 5.9% in 2026 – Fitch Solutions

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Fitch Solutions expects Ghana’s annual Gross Domestic Product (GDP) to edge up from 5.8% in 2025 to 5.9% in 2026.

This means the economy will expand marginally next year.

According to the UK-based firm, this will be as a result of easing price pressures lifting private consumption, tempered by fiscal consolidation, slow credit pass-through and a firmer cedi.

In its November 2025 Sub-Saharan Africa Outlook, the UK-based firm said there will be robust growth in the coming year.

“We expect annual GDP to edge up from 5.8% this year to 5.9% in 2026 as easing price pressures lift private consumption, tempered by fiscal consolidation, slow credit pass-through and a firmer cedi”.

The second quarter growth came in at a solid 6.3% year-on-year, driven by household consumption and fixed investment, supported by a sharp drop in inflation.

This was up from a revised 5.7% in the same period in 2024, with strong growth in the services sector.

The services sector, encompassing finance, insurance, trade, and education, surged by 9.9% in the quarter compared to 2% a year earlier.

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