7.4%: That’s how fast Ghana’s economy grew in July 2026, up from 4.9% a year earlier
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Ghana's economic activity expanded by 7.4% in July 2026, compared with 4.9% in July 2025, the Government Statistician, Dr Alhassan Iddrisu, has announced.
Put simply, Dr Iddrisu said, for every GHC100 of goods and services Ghana produced in July last year, it produced about GH$107.40 this July, after removing the effect of inflation.
"7.4%: That’s how fast Ghana’s economy grew in July 2026, up from 4.9% a year earlier," Dr Alhassan at a press conference in Accra on Thursday, October 15.
Services grew 12.2% and delivered almost two-thirds of that growth. Industry rose from 0.4% to 5.4%. Agriculture grew 3.7%.
Of Ghana's 7.4% growth in July 2026, Services delivered 63.8%, led by information and communication.
Industry delivered 20.5%, led by mining and quarrying. Agriculture delivered 14.1%, led by crops and livestock. Net taxes made up the remaining 1.6%.Numbers only create value when they are used.
"The full MIEG series, from January 2023 to July 2026, is free on the GSS website and StatsBank.
"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," Dr Iddrisu said.
Laud NarteyLaud Nartey is a current affairs editor with the MG News team at Media General, serving TV3 Ghana, 3News, Onua TV and more platforms.
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