The World Bank has slightly raised its forecast for Ghana’s economic growth in 2026, projecting that the economy will expand by 4.8%, according to its June 2026 Global Economic Prospects report.

The new projection is 0.2 percentage points higher than the Bank’s January 2026 forecast, reflecting growing confidence in Ghana’s economic outlook despite ongoing global uncertainties.

Although the revised forecast is encouraging, it is lower than the estimated 6.0% growth recorded in 2025. The World Bank said the moderation reflects Ghana’s transition from a strong post-crisis recovery to a more stable and sustainable medium-term growth path.

Even with the slower pace, Ghana is expected to outperform the Sub-Saharan African average, where economic growth is forecast at 4.0% in 2026.

Looking further ahead, the World Bank also revised Ghana’s 2027 growth forecast upward to 4.9%, compared with its earlier estimate of 4.8%. The economy is then expected to expand by 5.0% in 2028.

Across Sub-Saharan Africa, the World Bank expects economic growth to ease slightly to 4.0% in 2026 before recovering to an average of 4.4% in 2027 and 2028.

The report noted that the regional forecast for 2026 has been lowered by 0.3 percentage points since January. It attributed the downgrade mainly to the negative economic impact of the conflict in the Middle East, which is expected to outweigh the benefits of structural reforms and recent trade agreements aimed at boosting investment and exports.

According to the World Bank, its outlook assumes that geopolitical tensions will ease in the near future and that security conditions across the region will improve.

The report also projected that real per capita GDP growth in Sub-Saharan Africa will remain at 1.6% in 2026 before rising to an average of 2.0% annually in 2027 and 2028.

However, the Bank warned that this pace of growth will not be enough to significantly reduce extreme poverty across the region.

It also expects job creation to fall short of the rapidly expanding labour force, with Sub-Saharan Africa projected to have the fastest-growing workforce in the world by 2030.

Overall, the World Bank’s latest projections suggest that while Ghana’s economy is expected to maintain steady growth over the next few years, broader regional challenges and global geopolitical risks remain key factors that could influence future economic performance.