Fitch Solutions has raised its forecast for Ghana’s 2026 current account surplus to 7.8% of GDP, from an earlier projection of 5.2%, following a stronger-than-expected trade performance in the first half of the year.
The research arm of global ratings agency Fitch Ratings says Ghana recorded a US$4.3 billion merchandise trade surplus in H1 2026, well above the US$700 million average for the first halves of 2016 to 2025.
According to Fitch Solutions, the strong performance was driven by robust gold exports and rising crude oil shipments, which significantly strengthened Ghana’s external position during the period.
The firm says the trade surplus came in above its expectations, prompting the upward revision to its full-year current account forecast.
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