Ghana’s Economy Grows 4.7% in April as Services Continue to Lead – GSS

The Ghana Statistical Service (GSS) has reported that Ghana’s economy expanded by 4.7 percent in April 2026, according to the latest Monthly Indicator of Economic Growth (MIEG).

The report showed that the MIEG index increased to 113.3 in April 2026 from 108.2 recorded in the same month last year, indicating that overall economic activity remained higher than a year earlier, although growth slowed from the 7.4 percent recorded in April 2025.

The GSS explained that the MIEG serves as a monthly measure of economic performance by tracking activity across the agriculture, industry and services sectors. It provides an early indication of the direction of Ghana’s quarterly Gross Domestic Product (GDP).

Sectoral data showed that agriculture grew by 1.7 percent, rebounding from a 6.9 percent contraction in April 2025, largely driven by improved performance in crops and livestock.

The industry sector expanded by 4.0 percent, up from 1.1 percent a year earlier, supported mainly by stronger mining activities.

Meanwhile, the services sector recorded 6.0 percent growth, slower than the 15.1 percent registered in April 2025, but remained the largest contributor to economic expansion, led by the information and communication sub-sector.

According to the GSS, the services sector accounted for nearly 62 percent of the overall economic growth in April, while industry contributed about 30 percent, agriculture nearly 5 percent, with net taxes making up the remainder.

The Statistical Service noted that the April figures represent the first of three monthly estimates for the second quarter of 2026. The May estimate is expected in August, while the June estimate and the official second-quarter GDP figures will be released in September.

It added that the April data remain provisional and will be revised as additional information becomes available under its standard three-stage revision policy.

Despite the moderation in growth, the GSS said the economy continues to record broad-based expansion, with agriculture recovering, industry strengthening and services remaining the main driver of economic activity.