Ghana's economy grew by 6.0% in the second quarter of 2026, bringing total economic growth for the first half of the year to 6.2%, according to the Ghana Statistical Service (GSS).

The latest quarterly growth rate represents a slight slowdown from the 6.1% recorded in the second quarter of 2025.

The data also show that growth remained strong outside the oil sector, with non-oil GDP expanding by 5.4% in the second quarter and recording growth of 5.9% for the first half of 2026.

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Oil and gas activity increased by 21.4% during the quarter, providing a major boost to industrial output.

The services sector was the main driver of the expansion during the period, with information and communications technology (ICT) recording particularly strong growth.

The services sector grew by 8.0% and accounted for 57.6% of overall GDP growth in the second quarter.

ICT was the best-performing activity within the services sector, expanding by 30.9% and contributing 41.5% of total GDP growth during the period.

The strong performance highlights the growing contribution of digital and technology-related activities to Ghana’s economy.

The industrial sector, meanwhile, grew by 4.3%, supported by a strong rebound in oil and gas production.

Agriculture recorded more modest growth of 3.9%, making it one of the weaker-performing sectors during the period.

The sector was affected by a sharp 24.7% contraction in fishing activity.

Investment also recorded significant growth, increasing by 53.0% during the second quarter.

Domestic demand similarly expanded by 11.2%, while seasonally adjusted real GDP increased by 1.4% quarter-on-quarter.

The figures point to continued resilience in Ghana’s economy, although growth has not been evenly distributed across all sectors.

Services, ICT, oil and gas, and investment remain key sources of expansion, while agriculture continues to record relatively slower growth.

With the economy growing by 6.2% in the first half of 2026 and non-oil GDP expanding by 5.9%, sustaining the momentum will depend on efforts to broaden growth across productive sectors and ensure that economic expansion translates into more jobs, higher incomes and improved living standards.

ANAS/MA

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