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World Bank Revises Ghana’s 2026 Growth Forecast Upward to 4.8%

June 29, 2026
World Bank Revises Ghana’s 2026 Growth Forecast Upward to 4.8%

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The World Bank has revised Ghana’s Gross Domestic Product (GDP) growth forecast for 2026 upward by 0.2 percentage points to 4.8%, according to its June 2026 Global Economic Prospects report.

Despite the upward revision, the projected growth represents a slowdown from the 6.0% recorded in 2025, reflecting a transition from post-crisis recovery to a more sustainable medium-term growth trajectory.

Ghana’s projected growth rate for 2026 is expected to outperform the Sub-Saharan African average of 4.0%.

The Bretton Woods institution also upgraded Ghana’s 2027 growth forecast to 4.9%, up from the 4.8% projected in its January 2026 outlook, while forecasting GDP growth of 5.0% in 2028.

The World Bank noted that economic growth across Sub-Saharan Africa is expected to ease to 4.0% in 2026 before improving to an average of 4.4% in 2027 and 2028.

“The growth forecast for 2026 has been revised down by 0.3 percentage point since January [2026], with the negative impact of the conflict in the Middle East expected to outweigh existing growth drivers—including structural reforms and recent trade agreements that support investment and exports”.

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