The economy is poised for steady growth in 2026, with Deloitte projecting a 5.7 percent expansion, building on the country’s recent recovery from years of economic instability.

The global auditing and consulting firm attributes the outlook to improvements in production, easing inflationary pressures, and a strengthening national currency.

The economic rebound follows a strong performance in 2025, where real GDP growth reached 6.3 percent in the second quarter.

Key contributors included the fishing sector, which grew by 16.4 percent, followed by information and communication technology (13.1 percent), and finance and insurance services (9.3 percent).

These gains reflect targeted government policies to diversify the economy and promote sectors beyond traditional commodities.

Looking ahead, Deloitte highlights the role of exports in sustaining growth. Expansion of the Bibiani Gold Mine in the Western Region is expected to boost gold production, while government initiatives such as the 24-Hour Economy Programme and the Accelerated Export Development Programme are intended to stimulate trade and investment.

These initiatives form part of broader efforts to position Ghana as a competitive economy in West Africa.

Despite these positive indicators, Deloitte cautions that risks remain. Fluctuations in cocoa production due to climate change, outbreaks of the swollen shoot disease affecting cocoa farms, smuggling activities, and global commodity price volatility could hinder progress.

Historically, the cocoa sector has been highly susceptible to weather shocks, making it a critical factor in agricultural exports and rural livelihoods.

On the monetary front, Ghana has achieved a notable return to single-digit inflation, with rates easing to 6.3 percent in November 2025 and 5.4 percent in December.

This marks a significant shift from nearly four years of double-digit inflation and is largely attributed to a stronger cedi, declining non-food prices, and reduced supply-side pressures.

The cedi appreciated by over 40 percent in the first nine months of 2025, averaging around GH¢13 to the US dollar. Analysts credit the currency’s recovery to higher gold export receipts, strategic interventions by the Bank of Ghana, debt restructuring, and initiatives by the Ghana Gold Board.

Deloitte emphasizes the importance of continued fiscal discipline and strategic public investment.

The firm recommends that the government sustain capital spending within its fiscal consolidation framework while strengthening public-private partnerships.

Such measures, Deloitte notes, are crucial for building economic resilience and maintaining the momentum of the recovery.