Ghana’s economy expanded by 4.7% in April 2026, according to the latest Monthly Indicator of Economic Growth (MIEG) released by the Ghana Statistical Service (GSS).
Although the economy continued to grow, the pace slowed compared to the 7.4% recorded in April 2025, suggesting that economic activity expanded at a more moderate rate.
The provisional data showed the MIEG index rose to 113.3 in April 2026 from 108.2 in the same month last year, reflecting continued growth across the economy despite the slower year-on-year performance.
According to the Statistical Service, “the economy continues an upward trend, from an index of 96 in April 2023 to 113.3 in April 2026,” even as growth moderated compared to a year earlier.
The services sector remained the largest contributor to economic growth, expanding by 6.0% year-on-year. However, this was significantly lower than the 15.1% growth recorded in April 2025.
The report attributed the sector’s performance mainly to the Information and Communication subsector, noting that “services continue an upward trend, from an index of 103.6 in April 2023 to 128.8 in April 2026, driven primarily by the Information & Communication subsector.”
Services accounted for 61.7% of the country’s overall economic growth in April, making it the single biggest driver of expansion.
Industry also posted stronger growth, expanding by 4.0% compared to 1.1% in April last year.
The Statistical Service said the improvement was “driven primarily by growth in mining activities,” with the sector contributing 29.9% of overall growth.
Agriculture returned to positive territory after contracting a year earlier.
The sector grew by 1.7% in April 2026, reversing the 6.9% decline recorded in April 2025. According to the report, the recovery was “driven primarily by the crops and livestock subsector.”
Agriculture contributed 4.5% to the overall growth recorded during the month, while net taxes accounted for the remaining 3.9%.
Summarising the latest figures, the Statistical Service said, “Activity expanded more slowly than a year ago (4.7% vs 7.4%), reflecting softer growth across key sectors.”
It added that while services “remained the main driver” of economic expansion, agriculture “recovered strongly from last year’s contraction” and industry growth strengthened on the back of mining.
The MIEG is a high-frequency indicator designed to provide an early signal of quarterly GDP trends by tracking monthly changes in economic activity across agriculture, industry and services.
The GSS cautioned that the figures are provisional and may be revised as more data become available.
