By Issah Mohammed, GNA
Accra, March 17, GNA – Ghana has recorded an economic growth rate of six per cent at the end of 2025 as against 5.8 per cent recorded in 2024, the Ghana Statistical Service (GSS) has said.
The country’s Real Gross Domestic Product (GDP) for 2025 was estimated at GHS 209.6 billion, up from GHS 197.9 billion recorded in 2024.
Meanwhile, Non-Oil Real GDP was GHS 201.7 billion, up from GHS187.5 billion recorded in 2024.
“The nominal GDP for 2025 was GHS 1,434.1 billion up from GH¢1,182.8 billion recorded in 2024. Non-Oil Nominal GDP was GH¢1,404.2 billion up from GH¢1,134.8 billion in 2024,” Dr Alhassan Iddrisu, the Government Statistician, said at a press briefing in Accra on Tuesday.
He said the services sector remained the largest contributor to economic activity making Ghana’s economy a services-led economy.
He explained that the sectoral shares of GDP in 2025 were driven by Services with 45.9 per cent share while Industry contributed 31.3 per cent, and Agriculture had a share of 22.8 per cent.
“Services grew by 8.1 per cent, contributed 58.2 per cent of total GDP growth, and accounted for the largest share of the economy at 45.9 per cent,” Dr Iddrisu said.
“Digital and knowledge-based activities led sectoral expansion. The strongest service drivers were Information and Communication (20.2 per cent), Education (11.6 per cent), Transport and Storage (8.6 per cent), and Financial and Insurance Activities (6.8 per cent),” he said.
He observed that a small number of sectors drove most of the growth and they included Information and Communication, Crops, Gold, Manufacturing, Transport and Storage, and Education.
Dr Iddrisu indicated that together they contributed about 87 per cent of total GDP growth in 2025, highlighting the main engines of economic expansion.
Based on the figures, he called for direct investment and expansion towards the fastest-growing parts of the economy, particularly information and communication, transport and storage, manufacturing, agriculture value chains, education services, and financial services.
“At the same time, firms should strengthen productivity, adopt technology, manage costs, and diversify supply chains to remain competitive in an environment where growth across sectors remains uneven,” he said.
He urged government to sustain the growth momentum of the economy by scaling support for high-performing sectors and sub-sectors such as ICT, crops, manufacturing, transport and logistics, education, and financial services.
Dr Iddrisu called for measures to address persistent weaknesses in oil and gas, mining, forestry, and other contracting activities.
“Continued investment in agricultural productivity, agro-processing, logistics infrastructure, digital infrastructure, and industrial value chains will help sustain non-oil growth and broaden the sources of Ghana’s economic expansion,” he said.
GNA
Edited by Agnes Boye-Doe