Ghana’s Economy Still Growing, But Not as Fast — Services Carry the Squad

Ghana’s economy is still expanding, just not at last year’s speed. According to Government Statistician Dr. Alhassan Iddrisu, the economy grew by 7.5% in January 2026, a slight drop from the 8.2% recorded in January 2025. The real headline? Services are doing the heavy lifting. The services sector grew by 9.6%, up from 7.7% last year, making it the fastest-growing part of the economy right now. Education and ICT are leading that charge, pushing services to contribute a massive 54.3% of total growth. Meanwhile, the other sectors are slowing down. Agriculture growth dropped sharply to 4.5% from 9.3% in 2025, largely due to seasonal patterns affecting crops and livestock. Industry also cooled to 7.2%, down from 9.7%, with reduced oil and gas activity dragging things down. In terms of contribution to growth: • Services: 54.3% • Industry: 29.0% • Agriculture: 14.0% The takeaway is clear — Ghana is steadily shifting into a service-led economy. But it’s not all smooth sailing. Dr. Alhassan Iddrisu stressed that staying on track will require serious focus: boosting industrial output, improving agricultural productivity, and making the most of the services boom to keep growth stable through 2026.