The Ghanaian economy grew by a provisional 6.3% in the second quarter of 2025, a significant expansion driven primarily by the strong performance of the Services sector.
Data released today, September 10, 2025, by the Ghana Statistical Service (GSS) reveals that the Services sector not only recorded an impressive 9.9% growth rate but also accounted for the largest share of the nation’s economic output.
The expansion marks a notable period of growth, with Ghana’s nominal GDP reaching GHC313 billion in the second quarter, up from GHC244.7 billion in the same period last year.
Real GDP also saw an increase, rising to GHC47.4 billion from GH¢44.6 billion. The growth was particularly robust in the non-oil sector, which accelerated to 7.8%, a significant jump from 5.7% in the second quarter of 2024.
According to the GSS, the main drivers of this quarter’s growth were key sub-sectors within the Services industry. Information and Communication led the way with a remarkable 21.3% growth.
This was followed by strong performances in Education (16.6%), Health and Social Work (14.6%), Other Personal Services (11.3%), and Finance & Insurance (9.7%).
While the overall real GDP showed a strong year-on-year expansion, the quarter-on-quarter growth rate was 1.4%, a slight moderation from the 1.6% recorded in the first quarter of the year. This indicates a sustained but slightly slower pace of growth compared to the previous quarter.
Ghana could boost revenue by 0.6% of GDP in 2025 – World Bank
Eben Agyekum-Boateng|3Business
