Ghana’s economy continued to expand in April 2026, with stronger performances from the industrial and agricultural sectors helping sustain growth even as the services sector recorded a slower pace of expansion than a year earlier.
According to the Ghana Statistical Service’s (GSS) latest Monthly Indicator of Economic Growth (MIEG), the economy grew by 4.7 per cent year-on-year in April. Although this represents a moderation from the 7.4 per cent growth recorded in April 2025, it signals that economic activity remains on an upward path.
The MIEG index, which tracks monthly changes in economic activity ahead of official quarterly Gross Domestic Product (GDP) releases, increased from 108.2 in April 2025 to 113.3 in April 2026.
The services sector remained the largest contributor to economic growth, expanding by 6.0 per cent and accounting for 61.7 per cent of total growth during the month. Growth in the sector was largely supported by the Information and Communication subsector, although the pace of expansion slowed significantly from the 15.1 per cent recorded during the same period last year.
Industry also delivered a stronger performance, growing by 4.0 per cent compared with 1.1 per cent in April 2025. The improvement was driven primarily by increased mining activity, with the sector contributing 29.9 per cent of overall economic growth.
Agriculture, which contracted by 6.9 per cent in April last year, returned to positive territory with 1.7 per cent growth. The recovery was mainly supported by improved performance in crop and livestock production, contributing 4.5 per cent to the economy’s overall expansion.
The latest figures suggest that while services continue to underpin Ghana’s economic performance, growth is becoming more broad-based as industry strengthens and agriculture recovers from last year’s decline.
The Ghana Statistical Service noted that the April MIEG estimates are provisional and should be viewed as an early indication of the country’s economic direction. The monthly indicator is intended to provide policymakers, businesses and investors with timely insights into economic activity before the publication of official quarterly GDP figures.
The April data point to an economy that is still growing, albeit at a more measured pace, with gains increasingly being supported by multiple sectors rather than relying predominantly on services.
