Ghana’s agriculture sector is still expanding, but its growth has lost more than half its pace in a year, adding to the moderation in the country’s overall economic performance.
Agricultural activity grew 3.6% year-on-year in May 2026, sharply below the 9.8% recorded in May 2025, according to the latest Monthly Indicator of Economic Growth (MIEG) from the Ghana Statistical Service (GSS).
The 6.2-percentage-point drop makes agriculture the sector with the most significant slowdown among Ghana’s three main economic sectors. Industry growth eased only slightly, from 4.6% to 4.2%, while services remained relatively strong at 7.2%, compared with 7.5% a year earlier.
The agriculture sector was nevertheless still a contributor to the economy’s expansion, accounting for 21.2% of total growth in May. Services contributed the largest share at 51%, followed by industry at 23.8%.
GSS said the May agricultural expansion was driven by the crops and livestock subsector, while also pointing to the exceptionally strong performance recorded in May 2025 as an important factor behind the sharp difference in growth rates.
The latest figures therefore show a sector that has not contracted but is contributing less momentum to the wider economy than it did a year earlier. Agriculture’s 3.6% growth was also the lowest among the three major sectors in May.
The shift is particularly visible when agriculture is compared with services. While agricultural growth fell by 6.2 percentage points over the year, services remained above 7% and generated more than half of the economy’s overall expansion.
At the aggregate level, Ghana’s economic activity grew 5.1% in May, down from 6.6% a year earlier. The figures indicate that the economy remained on an expansion path, but the sharp moderation in agriculture has become a significant part of the change in the composition of growth.
The May reading highlights a marked loss of momentum in one of Ghana’s key productive sectors while services continue to provide the strongest support to economic growth.
