The Ghana Statistical Service (GSS) has announced that Ghana’s economy saw 5.5 per cent growth in the third quartre of 2025, according to a provisional data released recently.
Amid the global economic pressures, the data signals resilience across key sectors.
The report shows the non-oil economy –sectors outside petroleum production –grew by 6.8 per cent. Although the figure is slightly lower than what was recorded last year, the figure shows there is stable improvement in underlying economic activities.
The Agriculture sector surged by 8.6 per cent, indicating a major jump from the 2.5 per cent recorded the same period in 2024, coming up as one of the standout performances.
The crops sub-sector remained the star contributor, driving most of the gains. Analysts say this strong outturn suggests increasing productivity, particularly among small and medium-scale farmers.
Meanwhile, the industry sector showed signs of recovery with a modest 0.8 per cent growth after contracting in 2024. Manufacturing and food processing activities helped lift the sector back into positive territory. However, industrial growth was dragged down by the poor performance of the oil and gas sub-sector, which suffered a sharp 14.1 per cent contraction, continuing the decline observed in previous quarters.
The Service sector, on the other hand, remained the backbone of the economy with a 7.6 per cent expansion, contributing the largest share to GDP of about 40 per cent. The sector’s influence on overall growth was significant, supported by strong performances in ICT, trade, transport, storage, and education-related services.
According to the GSS, ICT, crops, trade, transport, storage, manufacturing, and education accounted for nearly 86 percent of total GDP growth in the quarter, underlining how central these sectors have become to the country’s economic trajectory.
The economy also saw a quater-on-quater improvement with a real GDP rising by 1.3 per cent, from the 1.0 per cent recorded same period in 2024.
Also, some sub-sectors recorded remarkable expansion. Fishing had the highest growth amongst all with 23.1 per cent, while ICT continued its upward trend with a 17 per cent increase. Growth was also recorded in health and social work, transport and storage services, and crop production.
But, there were contractions in some areas, including oil and gas, mining and quarrying, accommodation and food services, and other personal service activities, signalling challenges that persist in parts of the extractive and hospitality industries.
The GSS says the third quarter results reinforce the importance of non-oil sectors in sustaining Ghana’s growth, particularly agriculture and services.
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