Ghana’s economy expanded by 4.7 percent in April 2026, driven steadily forward by an expanding Services sector.
This is according to the latest Monthly Indicator of Economic Growth by the Ghana Statistical Service, which further indicated a slower pace as compared to the 7.4 percent growth seen in April last year.
The Services sector led the expansion with a growth rate of 6.0 percent, accounting for 61 percent of all growth in the month.This expansion was largely led by information and communication.
The Industry sector also accounted for nearly a third of the month’s expansion with a growth of 4.0 percent, nearly four times of the 1.1 percent that was recorded a year ago. This was as a result of strengthened mining activities .
The Agriculture Sector however rebounded, with a growth rate of 1.7 percent after contracting by nearly 7 percent in the same period last year.
The MIEG index rose to 113.3 in April 2026, up from 108.2 a year earlier.
The Monthly Indicator of Economic Growth, is a high-frequency economic index developed by the Ghana Statistical Service (GSS) to track the country’s economic performance on a monthly basis. It aggregates data across Agriculture, Industry, and Services to give policymakers, investors, and researchers an early snapshot of national economic momentum ahead of official quarterly Gross Domestic Product (GDP) reports.
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