Ghana’s economic activity increased by 7.4% in July 2026, compared with 4.9% during the same month in 2025, Government Statistician Dr Alhassan Iddrisu has announced.
Speaking at a press conference in Accra on Thursday, October 15, Dr Iddrisu said the latest figure represented growth after the effect of inflation had been removed.
“7.4%: That’s how fast Ghana’s economy grew in July 2026, up from 4.9% a year earlier,” he said.
The services sector was the main contributor, expanding by 12.2% and accounting for almost two-thirds of the overall growth. Information and communication led the sector’s performance.
Industry recorded growth of 5.4%, rising from 0.4% a year earlier. Agriculture grew by 3.7%.
Services contributed 63.8% of Ghana’s total 7.4% growth in July 2026. Industry accounted for 20.5%, led by mining and quarrying, while agriculture contributed 14.1%, supported by crops and livestock.
Net taxes made up the remaining 1.6%.
Explaining the figures, Dr Iddrisu said that, after accounting for inflation, the economy had produced about GH$107.40 in goods and services in July 2026 for every GHC100 produced in July 2025.
He also urged policymakers, businesses, researchers, students, partners and households to make use of the data published by the Ghana Statistical Service.
“The full MIEG series, from January 2023 to July 2026, is free on the GSS website and StatsBank,” Dr Iddrisu said.
“Policymakers, businesses, researchers, students, partners and households: use it and hold us to it. The next release will be in the second week of November 2026.”
