Ghana’s economy grows faster in July 2026

Ghana’s economic activity grew by 7.4% in July 2026, up from 4.9% in July 2025, according to the monthly economic growth indicator (MIEG) data released by the Ghana Statistical Service on October 15, 2026.

Services sector drives growth

The services sector was the main contributor to the increase, growing by 12.2% and accounting for 63.8% of the overall economic growth. This sector includes activities like finance, education, and healthcare.

Industry and agriculture also grow

The industrial sector recorded a 5.4% increase, while agriculture grew by 3.7%. These figures show that all major economic sectors experienced positive growth in July 2026.

Real growth after inflation

After adjusting for inflation, Ghana’s economy produced about GHC107.40 worth of goods and services for every GHC100 produced in July 2025. This indicates a real increase in economic output.

Report shared online

Dr. Alhassan Iddrisu highlighted the findings on social media and provided a link for the public to access the full July 2026 MIEG report.