From The Rio Times · Contributing Reporter · · 1m 10s
Ghana Economy Grows 7.4% in July
Ghana's economy grew 7.4% in July, driven by services, as US investors watch recovery progress.
In brief
Ghana's economy grew 7.4% in July, driven by services, as US investors watch recovery progress. Ghana's economy grew 7.4% in July, up from 6.5% in June, with services leading growth. Originally reported by The Rio Times.
Ghana Economy Grows 7.4% in July
The Ghana Statistical Service reported economic activity grew 7.4% in July from July 2025, up from 6.5% in June.
Services Surge 12.2%
Services grew 12.2% in July, led by information and communication, including telecoms and internet.
Industry and Agriculture
Industry grew 5.4% on mining, while agriculture slowed to 3.7% from 8.2% in July 2025.
Monthly Growth Trend
Monthly growth was 4.7% in April, 6.0% in May, 6.5% in June, and 7.4% in July.
US Investors Watch
The figure shows Ghana's recovery after debt default and IMF rescue is gathering pace for US investors.
Inflation and Policy
Headline inflation was 5.2% in September, below the Bank of Ghana's target band of 6% to 10%.
What's Next
Official third-quarter growth data has not yet been released, and monthly estimates can change.
The bottom line
Ghana's economy grew 7.4% in July, up from 6.5% in June, with services leading growth.
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