THE HALFAX HEIMDALL AUGUR

Ghana's economy grows 6.4% in Q1 2026 as services sector leads ... SHARE Ghana’s economy expanded by 6.4 percent year-on-year in the first quarter of 2026, reflecting sustained momentum in the services and industrial sectors as the West African nation continues its recovery from a prolonged economic crisis. The latest figures from the Ghana Statistical Service show a slight acceleration from a revised 6.2 percent growth recorded in the same period of 2025, indicating continued improvement in overall economic activity. - Advertisement - A man trades U.S. dollars for Ghanaian cedis at a currency exchange office in Accra, Ghana, file. REUTERS/Francis Kokoroko Government statistician Alhassan Iddrisu said the data reflected an economy that is expanding while also benefiting from improved price stability. “These results show an economy that continued to expand while experiencing greater price stability,” he said. - Advertisement - The services sector remained the main driver of growth, supported by activity in information and communication technology, trade and transport, while the industrial sector also contributed significantly, particularly through mining and quarrying. More Read Ke…

Ghana’s economy expands by 6.4% in Q1 of 2026 ... - MyJoyOnline.com Audio By Carbonatix Ghana’s economy recorded a growth rate of 6.4 percent in the first quarter (Q1) of 2026, up slightly from 6.2 percent during the same period last year, according to the latest Gross Domestic Product (GDP) estimates released by the Ghana Statistical Service (GSS). The figures show that growth remained broad-based, with the non-oil economy expanding by 6.3 percent, underscoring the resilience of key sectors despite global economic uncertainties. The Services sector emerged as the strongest contributor to economic growth, expanding by 7.1 percent and accounting for 48.3 percent of overall GDP growth. The sector's performance was largely driven by robust expansion in Information and Communication Technology (ICT), which grew by 25.2 percent, as well as Transport and Storage (13.0 percent) and Trade (9.0 percent). The Industry sector also posted strong gains, accelerating to 6.9 percent growth, compared with 4.1 percent in the first quarter of 2025. Growth in the sector was led by Mining and Quarrying, which expanded by 10.7 percent, alongside a recovery in the Oil and Gas sector, which recorded…

Ghana: Economy to Grow Up to 6.1 Percent in 2026 Ghana's economy is projected to expand by between 5.9 per cent and 6.1 per cent in 2026, supported by growth in gold mining, major infrastructure investments and stronger foreign exchange buffers, the Head of Africa Research at Standard Bank, Mr Jibran Qureishi, has indicated. He said the country's better-than-expected performance in 2025, when growth reached six per cent against earlier projections of between 5.6 per cent and 5.8 per cent, had reinforced confidence in the medium-term outlook. Mr Qureishi, who was speaking at a webinar organised by Stanbic Bank Ghana on the theme, "Positioning for what's next: Navigating Ghana's evolving market landscape", noted that growth had exceeded expectations in 2025. He explained that given the higher base, the bank still expected the economy to grow within the 5.9 per cent to 6.1 per cent range in 2026, with the potential to rise further to between 6.2 per cent and 6.3 per cent in 2027. Keep up with the latest headlines onWhatsApp|LinkedIn Related Articles The revised outlook, he said, reflected a more positive assessment of Ghana's growth trajectory, driven by both public investment …

Ghana: Economy to Grow Up to 6.1 Percent in 2026 [Ghanaian Times] Ghana's economy is projected to expand by between 5.9 per cent and 6.1 per cent in 2026, supported by growth in gold mining, major infrastructure investments and stronger foreign exchange buffers, the Head of Africa Research at Standard Bank, Mr Jibran Qureishi, has indicated.

Ghana's economy grows by six per cent in 2025 - GSS By Issah Mohammed, GNA Accra, March 17, GNA – Ghana has recorded an economic growth rate of  six per cent at the end of 2025 as against 5.8 per cent recorded in 2024, the Ghana Statistical Service (GSS) has said. The country’s Real Gross Domestic Product (GDP) for 2025 was estimated at GHS 209.6 billion, up from GHS 197.9 billion recorded in 2024. Meanwhile, Non-Oil Real GDP was GHS 201.7 billion, up from GHS187.5 billion recorded in 2024. “The nominal GDP for 2025 was GHS 1,434.1 billion up from GH¢1,182.8 billion recorded in 2024. Non-Oil Nominal GDP was GH¢1,404.2 billion up from GH¢1,134.8 billion in 2024,” Dr Alhassan Iddrisu, the Government Statistician, said at a press briefing in Accra on Tuesday. He said the services sector remained the largest contributor to economic activity making Ghana’s economy a services-led economy. He explained that the sectoral shares of GDP in 2025 were driven by Services with 45.9 per cent share while Industry contributed 31.3 per cent, and Agriculture had a share of 22.8 per cent. “Services grew by 8.1 per cent, contributed 58.2 per cent of total GDP growth, and accounted for the large…

Economy to grow up to 6.1% in 2026 - Ghanaian Times Mr Qureishi, Head of Africa Research, Standard Bank Ghana’s economy is projected to expand by between 5.9 per cent and 6.1 per cent in 2026, supported by growth in gold mining, major infrastructure investments and stronger foreign exchange buffers, the Head of Africa Research at Standard Bank, Mr Jibran Qureishi, has indicated. He said the country’s better-than-expected performance in 2025, when growth reached six per cent against earlier projections of between 5.6 per cent and 5.8 per cent, had reinforced confidence in the medium-term outlook. Mr Qureishi, who was speaking at a webinar organised by Stanbic Bank Ghana on the theme, “Positioning for what’s next: Navigating Ghana’s evolving market landscape”, noted that growth had exceeded expectations in 2025. He explained that given the higher base, the bank still expected the economy to grow within the 5.9 per cent to 6.1 per cent range in 2026, with the potential to rise further to between 6.2 per cent and 6.3 per cent in 2027. Related Articles Police swoop in E/Region: Over 100 Qnet agents, other criminals grabbed October 18, 2021 Ghanaians condemn xenophobic attacks in South …

Ghana: Economy to Grow Up to 6.1 Percent in 2026 [Ghanaian Times] Ghana's economy is projected to expand by between 5.9 per cent and 6.1 per cent in 2026, supported by growth in gold mining, major infrastructure investments and stronger foreign exchange buffers, the Head of Africa Research at Standard Bank, Mr Jibran Qureishi, has indicated.

Ghana: Economy to Grow Up to 6.1 Percent in 2026 [Ghanaian Times] Ghana's economy is projected to expand by between 5.9 per cent and 6.1 per cent in 2026, supported by growth in gold mining, major infrastructure investments and stronger foreign exchange buffers, the Head of Africa Research at Standard Bank, Mr Jibran Qureishi, has indicated.

African Lions: Understanding Ghana's growth success story and job ... Research June 7, 2016 Ghana attained middle-income status after rebasing its National Accounts, pushing per capita gross domestic product (GDP) of the country above $1,000 in 2007. After recovering from economic recession in 1984 on account of the Bretton Woods sponsored economic reform introduced at that time, Ghana’s growth has been remarkably strong, with its lowest economic growth of 3.3 percent recorded in 1994. The country’s growth rate reached its peak of 15 percent in 2011 on the back of the commencement of commercial production of oil, making it one of the fastest growing economies globally during that year. This has translated into increased per capita income, which reached a high of about $1,900 in 2013. The concern, however, has been the ability of the country to sustain this growth momentum given the level and quality of education and skills, and, more importantly, the failure of this strong growth performance to be translated into the creation of productive and decent jobs, improved incomes and livelihoods. The structure of the economy remains highly informal, with a shift in the country’s natio…

Ghana's economy grows by six per cent in 2025 - GSS Ghana’s economy grew 6.0 percent in 2025, according to provisional full-year data released today by the Ghana Statistical Service (GSS), with services and digital sectors driving the bulk of expansion and momentum accelerating in the final quarter. Real gross domestic product rose to approximately GH¢209.6 billion from GH¢197.9 billion in 2024, reflecting steady and broad-based growth. The fourth quarter posted 5.8 percent growth, up from 4.0 percent in the same period of 2024. Non-oil GDP grew 7.1 percent in the quarter, confirming that the recovery was driven largely by sectors outside oil and gas. Services remained the economy’s dominant engine, expanding 8.1 percent for the full year and accounting for 58.2 percent of total GDP growth. The sector makes up 45.9 percent of the economy. In the fourth quarter alone, services grew 8.6 percent and contributed 63.4 percent of overall growth. The fastest-growing segment was information and communication, which expanded 20.2 percent over the year, reflecting rising activity in telecommunications, digital services and data usage. The sector was also the single largest contributor to…