Ghana’s economy grows by 7.4% in July 2026
Data published by the Ghana Statistical Service (GSS) shows that the country recorded a year-on-year economic growth of 7.4 percent in July 2026 compared to the same period last year. This was contained in the latest Monthly Indicator of Economic Growth (MIEG) released by the GSS. Sector by sector, the data shows that Agriculture increased […]
According to data released by the Ghana Statistical Service (GSS), Ghana's economy expanded by 7.4 percent year-on-year in July 2026, representing a significant increase from the same period in the previous year. The Monthly Indicator of Economic Growth (MIEG), published by the GSS, detailed this development. Breaking down the growth by sector, the Agriculture sector expanded by 3.7 percent, driven by the crops and livestock sub-sectors.
The Industry sector saw a 5.4 percent increase, largely due to growth in the mining and quarrying sub-sector. The Services sector experienced the most substantial growth, with a 12.2 percent increase, primarily fueled by the Information & Communication sub-sector. The GSS noted that the services sector was the primary contributor to the 7.4 percent growth in July 2026, accounting for 63.8 percent of the overall increase.
The Industry sector contributed 20.5 percent, while Agriculture contributed 14.1 percent. Adding to the growth was a 1.6 percent contribution from Net Indirect taxes.
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