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Ghana Posts 6% Growth in 2025 as Services Sector Leads Expansion

Ghana Posts 6% Growth in 2025 as Services Sector Leads Expansion
Thursday, 19 March 2026 14:22
  • Ghana’s real GDP growth reached 6% in 2025, up from 5.8% in 2024.
  • The services sector led growth, contributing over 63% and expanding 8.6% in Q4.
  • Information, agriculture, gold production and manufacturing accounted for 87% of total growth.

Ghana recorded solid economic growth in 2025. The economy expanded as the services sector performed strongly and agricultural activity recovered progressively, according to official data.

Economic activity increased in 2025, with real GDP growth reaching 6%, compared with 5.8% in 2024. Ghana Statistical Service published these figures on Tuesday, March 17.

Growth accelerated in the fourth quarter. The economy grew by 5.8% in Q4 2025, compared with 4% in the same period a year earlier. This trend reflected stronger momentum toward the end of the year.

The services sector remained the main engine of growth. It expanded by 8.6% in the fourth quarter of 2025 and contributed more than 63% of total growth while accounting for about half of GDP. Key sub-sectors included information and communication, education, transport, and public administration.

Agriculture also supported growth. The sector expanded by 5.3% in the fourth quarter, up from 3.2% a year earlier. Over the full year, agriculture grew by 6.8%, driven mainly by crop production.

However, the industrial sector expanded at a slower pace. Industry growth reached 1.9% in the fourth quarter and 2.3% for the full year, as the oil and gas sector underperformed. Nevertheless, gold production and manufacturing contributed positively to overall growth.

Information and communication, agriculture, gold production, manufacturing, transport, and education together accounted for 87% of total growth in 2025.

These figures reflected a gradual rebalancing of the Ghanaian economy, which remained dominated by services. The services sector represented nearly 46% of GDP, ahead of industry at 31.3% and agriculture at 22.8%.

This performance occurred as the government of John Dramani Mahama implemented the “24 Hour Economy” program, which aims to stimulate growth by sustaining productive activities, particularly in industry.

However, the Ghana Statistical Service noted that some sectors remained in contraction. These sectors included forestry, accommodation and food services, and real estate, highlighting persistent structural weaknesses.

Alhassan Iddrisu emphasized the need to focus investments on the most dynamic sectors.

He said, “Businesses must strengthen productivity, adopt technologies, control costs and diversify supply chains to remain competitive in an environment where growth remains uneven across sectors.”

This article was initially published in French by Carelle Yourann (Intern)

Adapted in English by Ange J.A de Berry Quenum

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