Ghana’s economy expanded by 6.3% in the second quarter of 2025, according to provisional figures released by the Ghana Statistical Service (GSS). The growth marks one of the strongest quarterly performances in recent years, reflecting improved activity in key sectors of the economy.
Services Sector Leads Growth
The services sector remained the largest contributor to national output, recording a growth rate of 9.9 percent. Sub-sectors that saw significant expansion included:
- Information and Communication, which grew by 21.3 percent,
- Education, up 16.6 percent,
- Health and Social Work, up 14.6 percent,
- Other Personal Services, up 11.3 percent, and
- Finance and Insurance, which increased by 9.7 percent.
Overall, non-oil GDP rose by 7.8 percent year-on-year, an improvement from the 5.7 percent recorded during the same period in 2024.
Agriculture and Industry Performance
Agriculture also posted positive growth, with livestock expanding by 5.9 percent. However, fishing activities slowed, registering a marginal 0.9 percent increase compared to the same quarter last year.
Within the industrial sector, electricity generation grew by 6.7 percent. In contrast, mining and quarrying contracted by 1.8 percent, continuing a downward trend in extractive activities.
GDP Value and Seasonal Adjustments
In nominal terms, Ghana’s GDP was estimated at GH¢313 billion in the second quarter, up from GH¢244.7 billion in the same quarter of 2024. Real GDP stood at GH¢47.4 billion, compared to GH¢44.6 billion a year earlier.
Quarter-on-quarter seasonally adjusted growth was 1.4 percent in the second quarter, slightly lower than the 1.6 percent recorded in the first quarter of 2025.
Outlook
The GSS noted that the strong performance of the services sector, particularly in information and communication, highlights the growing importance of digital and knowledge-based industries in Ghana’s economy. The steady rise in non-oil GDP also signals increasing diversification beyond extractive resources.
