Ghana’s economy expands by 6.3% in second quarter of 2025

Ghana’s economy expands by 6.3% in second quarter of 2025

Ghana’s economy grew by 6.3% in the second quarter of 2025, the highest since 2019, provisional data released by the Ghana Statistical Service in Accra today 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.

According to the Ghana Statistical Service, this growth rate is the highest posted by the country since 2019.

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.

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.

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