Ghana’s construction ‘Gross Value Added’ to slow down in 2027, 2028 – Fitch Solutions

Fitch forecasted Sub-Saharan Africa’s (SSA) construction Gross Value Added (GVA) will grow in real terms by 4.3% in 2026, down from previous forecasts of 4.6% as of April 2026 and of 5.4% as of December 2025, amid the effects of the US-Iran conflict.

This will see growth decelerate after the industry expanded by 4.5% in 2025, though it will mark the continuation of an uptick from average annual real growth of -0.6% between 2020 and 2024.