Ghana: Growth Reaches 6% in the Second Quarter 2026

The pace remains strong, although it is lower than the 6.6% recorded in the second quarter 2025. In the first quarter 2026, the gross domestic product had increased by 6.4%, according to the Ghana Statistical Service.

The information, communication, and technology sector accounted for 41.5% of the total growth for the quarter. Government statistician Alhassan Iddrisu noted that this sector has posted double-digit growth every quarter for the past three years.

In detail, services grew by 8.0% and contributed 57.6% to overall growth. Industry advanced by 4.3%, while agriculture increased by 3.9%, indicating uneven expansion across the main branches of the economy.

Oil and gas production rose by 21.4% over the period, contributing to industrial recovery. Conversely, fishing activity contracted by 24.7%, according to data presented by the Ghana Statistical Service.

For the entire first half of 2026, growth reached 6.2%. Non-oil GDP grew by 5.4% in the second quarter and by 5.9% over the first six months of the year.

The slowdown in inflation accompanies this expansion: consumer price increases stood at 5.0% year-on-year in August, down from 54.1% in December 2022, at the peak of the debt crisis. In July, the International Monetary Fund completed the final review of the 3 billion dollar support program granted to Ghana.