Ghana’s economic activities expanded by 6.8% in August 2026, according to the Monthly Indicator of Economic Growth (MIEG) released by the Ghana Statistical Service on November 11, 2026.
The MIEG index rose to 115.4 in August 2026, up from 108.0 in August 2025, signalling sustained momentum in the economy.
The August figure is provisional and subject to revision when more comprehensive data becomes available.
The GSS describes the MIEG as an experimental statistic that gives an early indication of economic activity before the quarterly GDP release.
Services Lead The Charge:
The Services sector was the main driver of growth, expanding by 10.7% and contributing 69.9% of the overall 6.8% growth.
The expansion was mainly driven by the Information and Communication sub-sector.
Industry contributed 21.2% to total growth, Agriculture contributed 6.8%, while Net Taxes on Products contributed 2.1%.
Sector Breakdown:
Services now 10.7% — Index 123.6, up from 111.7 in August 2025
Industry recorded 4.5% — Index 113.0, up from 108.1 in August 2025
Agriculture went up to2.6%— Index 100.0, up from 97.4 in August 2025
Industry Picks Up, Agriculture Slows
Economic activities in Industry grew by 4.5%, driven mainly by Manufacturing, with support from Mining and Quarrying.
This is a sharp improvement from the *0.8%* growth recorded in Industry in August 2025.
Agriculture grew by 2.6%, driven by the Crops and Livestock sub-sector.
This is, however, slower than the 8.6% growth recorded in the same month last year.
MIEG Tracks Quarterly GDP Closely
The GSS says the MIEG is designed to stay closely aligned with quarterly GDP. For example, in Q2 2026, both the MIEG and quarterly GDP recorded growth of 6.0%.
The July 2026 MIEG growth rate was also revised from 7.4% to 7.0% following the availability of additional data.
The GSS aims to release the indicator within 75 days of the end of the reference month.
The next release, covering September 2026 MIEG, is scheduled for December 9, 2026.
