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Ghana’s Economy Expands as Services Drive Growth

Ghana’s economy expanded at a faster pace in the first quarter of 2026, with GDP growth rising to 6.4% year-on-year, up from a revised 6.2% recorded in 2025. According to the government statistician, the figures reflect an economy that is expanding while experiencing improved price stability. He attributed the expansion to growth in the services and industrial sectors, although agriculture remained a vital source of livelihood and food security. The services sector includes information and communication technology, transport, and trade, while mining and quarrying anchor industrial output. The latest data suggests that Ghana’s recovery efforts are gaining traction after years of economic turbulence.

CNBC Africa

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