By Benjamin Nii Nai,Ghana News
Copyright ghananewss
By Benjamin Nii Nai Anyetei
Ghana’s economy maintained strong momentum in the second quarter of 2025, with provisional real Gross Domestic Product (GDP) expanding by 6.3% year-on-year, according to new figures from the Ghana Statistical Service (GSS).
The performance marks an improvement on the 5.7% growth recorded in Q2 2023, underscoring the economy’s resilience amid global and domestic pressures. Excluding oil and gas, non-oil GDP surged by 7.8%, up from 5.7% in the same period last year, signalling broad-based growth across productive sectors.
On a quarter-on-quarter basis, GDP growth moderated to 1.4%, slightly below the 1.6% recorded in Q1 2025.
The services sector remained Ghana’s economic backbone, contributing 41.9% of GDP at basic prices and recording the strongest growth of 9.9%. Within the sector, the information and communication sub-sector grew by 21.3%, reflecting the rapid expansion of the digital economy. Education, financial services and insurance also posted notable gains.
The industry sector accounted for 33.2% of GDP, but growth was modest at 2.3%. Electricity was the best performer in the sector, rising 6.7%, while mining and quarrying contracted by 1.8%, dampening overall output.
The agriculture sector, which makes up 24.8% of the economy, grew by 5.2%. Livestock led the sub-sector with a 5.9% expansion, while fishing recorded the weakest performance at 0.9%.
The data points to a mixed but positive trajectory, with digital innovation, education and manufacturing acting as the main growth engines. Analysts say the resilience of non-oil GDP bodes well for Ghana’s medium-term prospects, though risks in mining and global commodity markets remain key challenges.
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