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Ghana’s Economy Expands 6% In Second Quarter, Driven By Communications Sector

 

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 on Wednesday.

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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.

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