Ghana’s economy grew 6.0 percent year on year in the second quarter of 2026, down from 6.6 percent in the corresponding quarter in 2025, according to data released by the Ghana Statistical Service (GSS) on Wednesday.
Excluding petroleum production, gross domestic product (GDP) grew by 5.4 percent, compared to a growth rate of 8.5 percent in the same quarter of the previous year.
Addressing a press briefing in Accra, the capital, Government Statistician Alhassan Iddrisu said the services sector, with a share of 45.9 percent in GDP, remains the largest sector of the Ghanaian economy in Q2 2026.
“The services sector recorded the highest real GDP growth with a year-on-year growth rate of 8.0 percent,” Iddrisu said.
According to him, the industry sector, with a 23.5 percent share in the economy recorded the second-highest growth rate at 4.3 percent, whilst the agriculture sector, with a 13.3 percent share in the overall economy, grew at a rate of 3.9 percent.
The government statistician highlighted that four out of every ten sectors of new growth in the second quarter of this year came from a single sub-sector, which is information and communication technology (ICT). He urged the country to focus on sectors driving the current momentum.
In terms of focus, he urged, “Let’s prioritize the sectors creating the momentum right now. And I’m talking about ICT, transport, manufacturing, crops, and productive services. We also need to address the areas where difficulties exist. I am talking about responding rapidly where activity contracted.”
In July, the International Monetary Fund (IMF) approved the disbursement of 371 million U.S. dollars to Ghana as the last tranche of the country’s 3-billion-dollar loan to support the country’s reforms.
The IMF said, after completing its sixth and final review of the West African country’s performance under the last reform, the program was broadly satisfactory, with stronger fiscal performance, higher foreign reserves, and progress in restructuring public debt.