Ghana’s Economy Expands 5.5% in Q3 2025 — GSS Reports

Ghana’s economy grew by 5.5% in the third quarter of 2025, new data from the Ghana Statistical Service (GSS) has confirmed. The latest GDP figures reflect sustained economic momentum, though slightly slower than the 7.0% growth recorded in the same period last year.

According to the GSS, the expansion was broad-based, driven mainly by a handful of key sectors that collectively accounted for about 86% of total growth. These include ICT, crops, trade, transport and storage, manufacturing, and education, underscoring their central role in supporting output despite high operational costs and tightened credit conditions.

Services remain dominant

Presenting the data on Wednesday, December 10, 2025, Government Statistician Dr. Alhassan Iddrisu emphasized that the services sector continues to anchor economic performance.

He noted the following sectoral developments:

Industry recorded a modest 0.8% growth, up from 0.4% in Q3 2024.

The oil and gas subsector dragged industrial performance, contracting sharply by 18.2%.

Manufacturing expanded by 3.9%, down from 7.4% in the same period last year.

The services sector grew by an impressive 7.6%, contributing 40% of total GDP and accounting for 55.3% of overall Q3 growth—making it the single largest driver of the economy.

Dr. Iddrisu stressed that services will remain Ghana’s primary growth engine as other sectors continue to face structural and external pressures.