World Bank increases Ghana's growth rate for 2026 to 4.8%
The World Bank increased Ghana's Gross Domestic Product (GDP) growth by 0.2 percentage points to 4.8% for 2026, as revealed in its June 2026 Global Economic Prospects. This 2026 growth rate will be higher than the Sub-Saharan Africa average of 4.0%. The Bretton Woods institution is also increasing its 2027 growth rate for Ghana to 4.9% from the January 2026 forecast of 4.8%, and 5.0% GDP growth in 2028.
The slowdown from the 6.0% growth rate in 2025 echoes a shift from post-crisis recovery to a more sustainable medium-term growth path. Growth in Sub-Saharan Africa (SSA) is forecast to edge down to 4.0% in 2026 and then recover to 4.4% on average in 2027-28. 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. Real per capita GDP growth in SSA is projected to remain at 1.6% in 2026, before firming to an average of 2% per year in 2027-28. This pace is still insufficient to deliver substantial reductions in extreme poverty. Job creation in SSA is also expected to lag behind its growing labor force, projected to be the world's fastest-growing by 2030 (World Bank 2025b).
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The World Bank has updated its economic outlook for Ghana, revising the country's projected GDP growth rates for the coming years. This adjustment
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