Sunday, September 21, 2025
HomeBusinessWith 6.3% GDP Growth, Ghana sees economic recovery

With 6.3% GDP Growth, Ghana sees economic recovery

Ghana’s economy grew by 6.3% in Q2 2025, compared to 5.7% during the same time last year, according to the country’s statistics agency.

The services sector — which includes finance, trade, insurance, and education — was the biggest contributor, rising 9.9% from just 2% the previous year.

Statistician Alhassan Iddrisu confirmed, “It contributed four percentage points to the 6.3% growth.” While oil output fell, non-oil GDP rose 7.8%, and agriculture showed gains.

Ghana is still recovering from its worst economic crisis in decades.

On a brighter note, inflation slowed to 11.5% in August, the lowest since 2021, with the finance ministry aiming to end the year at 11.9%.

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