Ghana's economy recorded a 4.7% year-on-year growth in April 2026, with the services sector remaining the largest contributor to economic activity, while the industry benefited from stronger mining output.

The latest Monthly Indicator of Economic Growth (MIEG), released by the Ghana Statistical Service (GSS), showed that although the economy continued to expand, growth moderated from the 7.4% recorded in April 2025, reflecting a slower pace of activity across key sectors.

The MIEG index rose to 113.3 in April 2026 from 108.2 a year earlier, extending the economy's upward trend over the past three years. According to the GSS, the index has increased steadily from 96 in April 2023 to 113.3 in April 2026, indicating sustained growth in economic activity.

The services sector remained the backbone of the economy, recording 6.0% year-on-year growth and accounting for 61.7% of the overall expansion in April 2026. The performance was driven largely by activities in the Information and Communication subsector.

Industry also strengthened during the period, growing by 4.0% compared with 1.1% in April 2025. The improvement was attributed mainly to increased mining activity, with the sector contributing 29.9 percent of the overall growth recorded during the month.

Agriculture returned to positive growth after contracting in the corresponding period last year. The sector expanded by 1.7%, recovering from a 6.9% decline in April 2025, supported primarily by the crops and livestock subsectors. Agriculture accounted for 4.5% of the month's overall economic growth.

The Ghana Statistical Service noted that while growth remained broad-based, economic activity expanded at a slower pace than a year earlier as momentum softened across the major sectors of the economy. Nevertheless, the latest figures point to continued resilience, with all three sectors recording positive growth in April.

The Monthly Indicator of Economic Growth is a high-frequency index designed to provide an early indication of quarterly GDP performance by tracking monthly economic activity across agriculture, industry and services. The GSS noted that the April 2026 estimates are provisional and will be revised as additional data become available.