9.9% Growth in Services Sector Boosts Q2 2025 GDP Growth to 6.3%
Ghana’s economy grew by 6.3 percent in the second quarter of 2025, the fastest pace since 2019, according to new data released by the Ghana Statistical Service (GSS).
The figure marks an improvement over the 5.7 percent real GDP growth recorded in the same period last year, underscoring continued recovery momentum and increased production across key sectors of the economy.
The expansion was driven largely by the Services sector, which recorded growth of 9.9 percent in Q2 2025, a sharp rebound from 2 percent in Q2 2024.
The sector accounted for the largest share of GDP, contributing 42 percent, followed by Industry with 33 percent and Agriculture with 25 percent.
“Services accounted for the largest contribution to GDP growth in the second quarter of 2025 and continues to dominate the structure of Ghana’s economy,” Government Statistician, Dr. Alhassan Iddrisu, said at a press briefing.
Agriculture also posted strong growth of 5.2 percent, up from 3.5 percent a year earlier.
However, Industry saw a significant slowdown, expanding by just 2.3 percent compared to 12.2 percent in Q2 2024, reflecting a sharp 9.9 percentage point decline.
Nominal GDP for the period was estimated at GH¢321 billion, up from GH¢258.9 billion in Q2 2024.
Non-oil nominal GDP reached GH¢313.3 billion, compared with GH¢244.7 billion in the same quarter last year.
On a real basis, GDP stood at GH¢47.4 billion, up from GH¢44.6 billion in Q2 2024, while non-oil real GDP rose to GH¢45.7 billion from GH¢42.4 billion.
Non-oil real GDP growth accelerated to 7.8 percent, up from 5.7 percent in the previous year.
