Ghana's economic activity grew by 6.8% year on year in August 2026, up from 5.3% in August 2025, according to the Ghana Statistical Service's (GSS) Monthly Indicator of Economic Growth (MIEG), released on Wednesday 11 November and reported by Citi Newsroom and JoyBusiness.
The overall activity index rose from 108.0 in August 2025 to 115.4.
The release was listed for the second week of November on the GSS release calendar; the bulletin itself had not been posted on the GSS website when this article was published, so the figures below are as quoted by those outlets, which report them consistently.
Growth by sector, August 2026
- Services: 10.7%, up from 7.1% in August 2025, led by information and communication. Share of overall growth: 69.9%.
- Industry: 4.5%, up from 0.8%, driven mainly by manufacturing with support from mining and quarrying. Share: 21.2%.
- Agriculture: 2.6%, down from 8.6%, with crops and livestock the main drivers. Share: 6.8%.
- Net taxes on products: share of overall growth 2.1%.
In percentage-point terms, JoyBusiness reports that services contributed 4.8 points of the 6.8% growth, industry 1.4 points, agriculture 0.5 points and net taxes 0.1 point. The four shares add up to 100%, and the point contributions add up to 6.8, StatsGH checked. JoyBusiness also reports that agricultural growth in July 2026 was 3.7%, meaning the sector slowed further in August.
July revised down
GSS revised July's MIEG growth rate from 7.4% to 7.0% after more data became available, Citi Newsroom reports. On the revised figure, growth averaged 6.9% across July and August, an early signal for the third quarter.
Quarterly GDP grew 6.0% in the second quarter of 2026, which GSS says the monthly indicator also tracked.
The MIEG is built from monthly volume indicators and administrative records covering the activities in the quarterly GDP system, deflated with the consumer and producer price indices. GSS classes it as an experimental statistic, and the August figures are provisional and subject to revision. The September 2026 reading is scheduled for 9 December 2026.
The figures arrive a day before the 2027 Budget is presented to Parliament on Thursday 12 November.
Sources: Ghana Statistical Service release calendar; Citi Newsroom; JoyBusiness.