HomeBusinessGhana’s economy grows 6.4% in first quarter as recovery gathers pace

Ghana’s economy grows 6.4% in first quarter as recovery gathers pace

Ghana’s economy expanded at a faster pace in the first quarter of 2026, offering fresh evidence that the West African nation is steadily emerging from its worst economic crisis in decades.

According to African Economy Inc, citing data released by the Ghana Statistical Service, the country’s gross domestic product grew by 6.4 percent year on year in the first three months of the year, compared with a revised growth rate of 6.2 percent recorded during the same period in 2025.

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The latest figures suggest that economic activity remains resilient as Ghana continues efforts to restore stability following years of mounting debt pressures, high inflation and fiscal challenges.

Alhassan Iddrisu, Government Statistician  said the latest data reflected an economy that was expanding while benefiting from a more stable price environment.

“These results show an economy that continued to expand while experiencing greater price stability,” Iddrisu said.
The services sector

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