Ghana's economy expanded by 1.6% quarter-on-quarter in Q1 2026. GDP Growth Rate in Ghana averaged 1.49 percent from 2006 until 2026, reaching an all time high of 5.10 percent in the second quarter of 2006 and a record low of -1.30 percent in the second quarter of 2020. source: Ghana Statistical Service

The Gross Domestic Product (GDP) in Ghana expanded 1.60 percent in the first quarter of 2026 over the previous quarter.

The Gross Domestic Product (GDP) in Ghana expanded 1.60 percent in the first quarter of 2026 over the previous quarter. GDP Growth Rate in Ghana is expected to be 1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ghana GDP Growth Rate is projected to trend around 1.10 percent in 2027 and 0.90 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
GDP Growth Rate YoY 6.40 5.80 percent Mar 2026
GDP Constant Prices 57365.20 56420.30 GHS Million Mar 2026
GDP from Agriculture 11923.90 12771.25 GHS Million Mar 2026
GDP from Construction 3328.60 2833.06 GHS Million Mar 2026
GDP from Manufacturing 7056.70 5896.27 GHS Million Mar 2026
GDP from Mining 7113.50 6477.88 GHS Million Mar 2026
GDP from Public Administration 1878.09 2353.27 GHS Million Mar 2026
GDP from Services 25199.78 24820.82 GHS Million Mar 2026
GDP from Transport 3610.07 3327.98 GHS Million Mar 2026
GDP from Utilities 785.62 742.91 GHS Million Mar 2026
GDP Growth Rate 1.60 1.50 percent Mar 2026
Gross Fixed Capital Formation 114696.70 102390.20 GHS Million Dec 2025


Ghana GDP Growth Rate
Services is the largest sector of the Ghanaian economy, accounting for 52 percent of the GDP. Within services, the most important sub-sectors are: transport and storage (10 percent); information and communication (9.8 percent); trade, repair of vehicles and household goods (7 percent) and financial and insurance activities; education and public administration & defense and social security (4 percent each). Also, industry accounts for 26 percent of the GDP with mining and quarrying (10 percent); construction (8 percent) and manufacturing (7 percent). Agriculture accounts for 22 percent, mainly crops (17 percent). On the expenditure side, household consumption is the main component of the GDP and accounts for 81 percent of its total use, followed by gross fixed capital formation (11 percent); government expenditure (10 percent) and changes in stocks (2 percent). Exports of goods and services account for 48 percent of GDP while imports for 52 percent, subtracting 4 percent of total GDP.
Actual Previous Highest Lowest Dates Unit Frequency
1.60 1.50 5.10 -1.30 2006 - 2026 percent Quarterly
Constant Prices 2013, SA