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.
