Q2 2026 GDP growth hits 6.0% as services, ICT drive expansion

In the second quarter of 2026, Ghana's economy expanded by 6.0%, showcasing steady momentum despite uneven growth across various sectors. Dr. Alhassan Iddrisu, the Government Statistician, reported that this growth figure was modestly lower than the 6.6% achieved in the same quarter the previous year, while the first-half GDP growth reached 6.2%.

The non-oil segment continued to demonstrate robustness, soaring by 5.4% in Q2 and 5.9% throughout the first half of 2026, underscoring the economy's underlying strength. Services played the leading role in economic expansion, witnessing an impressive growth of 8.0% and constituting 57.6% of the total GDP growth. The information and communications technology (ICT) sector, in particular, outperformed with a remarkable 30.9% increase, emerging as the primary catalyst for this surge.

Industry saw a moderate growth of 4.3%, bolstered by a 2.4% rise in oil and gas production. Agriculture also expanded by 3.9%, although it still grapples with persistent challenges. The fishing industry, too, expanded by 2.4%, yet it too continues to confront difficulties. Investment emerged as a significant boost, surging by 53.0% in Q2, with domestic demand increasing by 11.2%.

Quarter-over-quarter GDP growth was recorded at 1.4%, indicating sustained positive momentum. Collectively, these figures paint a picture of a resilient economy, though growth remains heavily weighted towards services, ICT, oil, and investment, rather than being evenly distributed across all sectors.