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HomeActiveGhana’s Economy Surges to 6.0% Growth in 2025, Closing the Year on...

Ghana’s Economy Surges to 6.0% Growth in 2025, Closing the Year on a Strong Note

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Ghana’s economy delivered a resilient and impressive performance in 2025, expanding by 6.0%, with momentum accelerating toward the end of the year as the fourth quarter recorded a strong 5.8% growth rate. The latest provisional figures from the Ghana Statistical Service (GSS) reflect a steady recovery and renewed confidence in the country’s economic trajectory.

In nominal terms, the size of the economy rose to over GH¢1.43 trillion, while real GDP increased to approximately GH¢209.6 billion, up from GH¢197.9 billion in 2024. This growth signals a broad-based expansion across key sectors, reinforcing Ghana’s gradual shift toward a more diversified economy.

A significant driver of this performance was the non-oil sector, which outpaced previous years and underscored the country’s reduced reliance on oil production. The services sector remained the backbone of the economy, contributing more than half of total growth, with strong performances in information and communication, transport, education, and financial services.

The agriculture sector also recorded a notable rebound, growing by over 5% in the final quarter, supported largely by improved crop production and a recovery in cocoa output. Meanwhile, the industrial sector showed modest gains, despite challenges in oil and gas production, with manufacturing and electricity helping to cushion the slowdown.

Overall, a handful of sectors—including services, crops, gold, manufacturing, and transport—accounted for nearly 87% of total GDP growth. The data also points to easing inflationary pressures, suggesting improving macroeconomic stability.

The 2025 performance positions Ghana for continued growth, signaling resilience and a stronger economic outlook heading into 2026.

Source: MyJoyOnline

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