Ghana’s economy recorded stronger growth in the first quarter of 2026, with Gross Domestic Product (GDP) expanding by 6.4 percent, according to the latest figures released by the Ghana Statistical Service.
The growth rate represents an improvement over the 6.2 percent recorded during the same period in 2025, signaling continued resilience in economic activity despite prevailing global and domestic economic challenges.
The latest data points to broad-based growth across key sectors of the economy, supported by strong performances in services, industry and non-oil economic activities.
Services Sector Leads Economic Expansion
Speaking on the figures, Government Statistician Dr. Alhassan Iddrisu said the services sector remained the largest contributor to economic growth during the period.
According to him, the sector expanded by 7.1 percent, driven largely by information and communication, transport and storage, and trade activities.
The information and communication sub-sector recorded the highest growth rate of 25.2 percent, making it the fastest-growing segment of the economy during the quarter.
Transport and storage grew by 13 percent, while trade activities recorded growth of 7 percent.
Industrial Sector Records Strong Recovery
The industrial sector also posted significant gains, growing by 6.9 percent compared to 4.1 percent during the first quarter of 2025.
The improvement was supported by strong performances in mining and quarrying, which expanded by 10.7 percent, as well as a recovery in the oil and gas sector, which recorded growth of 7 percent.
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The figures suggest continued momentum within Ghana’s productive sectors despite ongoing economic pressures.
Non-Oil Economy Remains Strong
Dr. Iddrisu further disclosed that non-oil GDP expanded by 6.3 percent during the first quarter of 2026.
The performance indicates that economic growth was supported by a wide range of sectors beyond petroleum production, reflecting broader economic resilience.
Economists often view non-oil growth as an important indicator of the overall health and sustainability of an economy.
Positive Outlook
The Government Statistician said the latest figures demonstrate the resilience of Ghana’s economy and the positive contributions of key sectors to national output.
He noted that continued growth across services, industry and other productive sectors provides a positive outlook for the economy in the months ahead.
The Ghana Statistical Service believes sustained investment, business activity and policy implementation will be crucial to maintaining growth momentum, creating jobs and supporting long-term economic development.
The latest GDP figures provide fresh evidence that Ghana’s economy continues to expand, with key sectors contributing to improved economic performance in the first quarter of 2026.
