In Q3 2025, Ghana's economy expanded by 5.5%.
The Ghana Statistical Service (GSS) reports that the country’s economy is growing steadily, with a 5.5% expansion in the third quarter of 2025.
Despite difficulties in the industrial sector, this expansion is fuelled by excellent results in agriculture and services.
Key Highlights: Agriculture: Fishing and agriculture were the main drivers of the sector’s 8.6% growth.
ICT, trade, transport, and education were the main drivers of the 7.6% expansion in services.
Industry: Gained 0.8%, helped by manufacturing but hindered by the decline in oil and gas.
The non-oil GDP increased by 6.8%, demonstrating the non-petroleum industries’ strength.
Sector Performance: Fishing had a remarkable 23.1% increase, sustaining rural lives and the food supply.
ICT: Continued upward trend with a 17% increase, fuelled by telecom investments and digital adoption.
Manufacturing: Contributed to the industrial recovery by growing by 3.9%.
Economic Prospects Citing a better economic outlook and falling inflation, the Bank of Ghana lowered its target rate by 350 basis points to 18%. To maintain momentum, the GSS advises companies to invest in high-growth industries like trade, agriculture, and ICT.
