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Ghana’s economy expands 6% in second quarter, driven by communications sector  

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Ghana’s economy grew 6.0% year on year in the second quarter of 2026

Ghana’s economy grew 6.0% year on year in the second quarter of 2026, driven by its communications sector though growth was slightly slower than the 6.6% recorded in the same period a year earlier, official data showed this Wednesday.

 

Information, communication and technology expanded 30.9%, up from ⁠21.3% a year earlier, and accounted for 41.5% of the growth in the second quarter, Government Statistician Alhassan Iddrisu told a press conference.

 

“This is not a one-off spike. The sector has posted double-digit growth in every quarter for the past three years. Ghana’s growth story today is substantially a digital story. That’s what the data is telling us,” Iddrisu said.

 

The expansion follows provisional growth of 6.4% in the first quarter, as the West African nation ‌continues ⁠to recover from one of its worst economic crises in decades.

 

“A 6.0% growth rate is very encouraging, but it only truly succeeds when it becomes better jobs, stronger services, and real opportunity reaching more people,” Iddrisu said.

 

The government retained its ⁠key macroeconomic targets in a mid-year budget review in July, citing stronger-than-expected economic performance in the first half of the year.

 

The same month, the International Monetary Fund completed the ⁠final review of Ghana’s $3 billion support programme, saying reforms and favourable commodity prices were helping stabilise the economy and reduce debt risks.

 

Consumer inflation stood at ⁠5.0% in annual terms last month down from 54.1% in December 2022, when the country was mired in a debt crisis.

–Reuters–