Ghana’s economy has sustained its strong growth momentum into the second quarter of 2026 according to the latest figures by the Ghana Statistical Service (GSS).
The data shows growth remains resilient despite a slight slowdown compared to last year.
Ghana’s economy grew by 6.0% in the second quarter of 2026, bringing growth for the first half of the year to 6.2%. The second quarter growth represents a slight moderation from the 6.1% recorded in the same period in 2025.
According to the data, Non-oil GDP also remained strong, growing by 5.4% in the second quarter, while non-oil growth for the first half of 2026 stood at 5.9%.
The data indicates that economic expansion continues to be driven largely by the services sector, particularly information and communications technology (ICT), alongside oil and gas production and investment.
The services sector remained the main driver of growth in the quarter, expanding by 8.0% and accounting for 57.6% of overall GDP growth during the period.
ICT was the strongest-performing activity within the sector, recording growth of 30.9% and contributing 41.5% of total GDP growth in the quarter, underscoring the growing importance of digital-related activities to overall economic expansion.
The industrial sector expanded by 4.3% in the second quarter, supported partly by a strong rebound in oil and gas production which grew by 21.4% during the period.
However, the broader industrial sector grew at a more moderate pace compared with services, indicating that the expansion was not evenly spread across all productive activities.
Agriculture continued to record relatively slower growth, with the sector growing by 3.9% in the second quarter, making it one of the weaker-performing broad sectors.
The performance was weighed down by a sharp contraction in fishing activity, which declined by 24.7% during the period.
On the demand side, investment recorded a significant increase of 53.0% in the second quarter, while domestic demand grew by 11.2%.
On a quarter-on-quarter basis, seasonally adjusted real GDP increased by 1.4%, indicating that economic activity continued to expand during the period.
The latest figures point to continued resilience in Ghana’s economy, despite the performance remaining concentrated in particular sectors.
The strong contribution from services, ICT, oil and investment has supported overall growth, while agriculture and parts of industry have recorded more modest expansion.
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