Fitch lifts Ghana’s 2026 current account surplus forecast to 7.8%

<p>Fitch Solutions has sharply upgraded its forecast for Ghana’s 2026 current account surplus to 7.8% of GDP, citing a stronger-than-expected trade performance during the first half of the year.</p> <p>The research arm of Fitch Ratings said Ghana posted a US$4.3 billion merchandise trade surplus in the first half of 2026, significantly above the US$700 million average recorded during the first halves of the previous decade.</p> <p>The strong showing was largely supported by robust gold exports and increased crude oil shipments.</p> <p>The performance exceeded Fitch Solutions’ earlier expectations and prompted the firm to revise its previous 5.2% of GDP forecast upwards.</p> <p>“As such, we have revised up our 2026 current account surplus forecast to 7.8% of GDP, from 5.2% previously,” the firm said.</p> <p>Fitch Solutions, however, expects the surplus to narrow in 2027, although it projects Ghana will retain a sizeable positive balance.</p> <p><em>Source: MyJoyOnline</em></p>