Audio By Carbonatix
Ghana’s economy grew by 6.3% in the second quarter of 2025, provisional data released by the Ghana Statistical Service in Accra today, September 10, 2025 has revealed.
The expansion was fueled by expansion in the Services sector, which recorded a 9.9% growth rate.
The Services sector also accounted for the largest share of Ghana’s economy and contributed the largest as well.
The Services sector contributed “the most” in terms of the overall growth posted in the second quarter of 2025, as well as accounting for the largest share of Ghana’s economy, ending the second quarter of this year.
Main drivers of quarter two growth
According to the Ghana Statistical Service, the main drivers of the second quarter growth, were information and communication which grew by 21.3 percent.
Education grew by 16.6 percent while Health and Social Work grew by 14.6 percent.
Other personal service grew by 11.3 while Finance & Insurance grew by 9.7 percent.
Real GDP increased by 1.4 percent in second quarter of 2025, from 1.6 percent in the first quarter of this year.
Ghana's nominal GDP reached GH¢313 billion in the period under review, a significant increase from GH¢244.7 billion in the second quarter of 2024. In real terms, GDP rose to GH¢47.4 billion from GH¢44.6 billion last year. Non-oil GDP growth was particularly strong, accelerating to 7.8 percent compared to 5.7 percent in second quarter 2024.
Agriculture sub-sector GDP estimates
The sub-sector which expanded the most under Agric was Livestock and the sub-sector which expanded the least was Fishing.
The Livestock expanded by 5.9 percent (year-on-year) and 1.2 percent (quarter-on-quarter seasonally adjusted) in second quarter of 2025 compared to the Fishing sub sector which had a growth rate of 0.9 percent (year-on-year) and 0.2 percent (quarter-on quarter seasonally adjusted).
Industry sub-sector GDP Estimates
The sub-sector which expanded the most under Industry was Electricity and the sub-sector which contracted the most was Mining and Quarrying. The Electricity sub-sector expanded by 6.7 percent (year-on-year) and 1.8 percent (quarter-on-quarter seasonally adjusted).
The Mining and Quarrying sub-sector contracted by 1.8 percent (year-on-year) and 0.5 percent (quarter-on-quarter seasonally adjusted).
Services sub-sector GDP estimates
The sub-sector which expanded the most under Services was Information and Communication and the sub-sector which contracted the most was Real Estate.
The Information and Communication expanded by 21.3 percent (year-on-year) and 4.8 percent (quarter-on quarter seasonally adjusted) in second quarter of 2025 compared to the Real Estate sub-sector which had a growth rate of -1.8 percent (year-on-year) and -0.5 percent (quarter-on-quarter seasonally adjusted).
Latest Stories
-
Harry says he was made ‘paranoid’ by Daily Mail publisher’s ‘unlawful’ actions
4 hours -
Trade war in no-one’s interest, says British PM in face of Trump threats
4 hours -
Greenland ‘will stay Greenland’, former Trump adviser declares
4 hours -
I do not want to reconcile with my family, says Brooklyn Peltz Beckham
5 hours -
Djokovic registers 100th Australian Open win
5 hours -
China’s birth rate hits record low as population continues to shrink
5 hours -
US believes its power matters more than international law, UN chief tells BBC
5 hours -
2028 is not a normal election – Amewu explains why NPP needs Kennedy Agyapong
5 hours -
The whole nation wants Kennedy – Amewu makes strong case for Agyapong
6 hours -
Sogakope Circuit Court jails farmer 15 years for incest, defilement
6 hours -
31-year-old illegal miner sent to prison over theft
6 hours -
Court remands GPHA staff over stolen tugboat
6 hours -
Attendance at trial is a constitutional duty, not an option
7 hours -
RTI response raises questions over Bryan Acheampong’s military service claims
7 hours -
Two women granted bail over assault of 12-year-old; another remanded
7 hours
