Ghana’s Economy Expands by 6.4% in First Quarter of 2026

Ghana’s economy recorded a growth rate of 6.4% in the first quarter of 2026, driven largely by strong performance in the services and industrial sectors, according to data released by the Ghana Statistical Service.

The latest growth rate marks an improvement over the revised 6.2% recorded during the same period in 2025, indicating continued resilience in the country’s economic recovery efforts.

Government Statistician Dr. Alhassan Iddrisu said the figures reflect an economy that is expanding while experiencing greater price stability. The services sector remained a major contributor to growth, supported by activities in information and communication technology, transport, trade, and other service-related industries.

The industrial sector also played a significant role, with mining and quarrying emerging as key growth drivers. Agriculture continued to provide livelihoods for millions of Ghanaians and remained important for food security. The positive economic performance comes as Ghana continues to recover from one of its most challenging economic periods in recent decades.

Recent improvements in inflation and macroeconomic stability have contributed to growing confidence in the economy, creating a more favourable environment for businesses and investment.

Source: MyJoyOnline