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Home News Ghana’s economy grows 6.3% in Q2 2025, boosted by services sector

Ghana’s economy grows 6.3% in Q2 2025, boosted by services sector

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Ghana’s economy grew 6.3% year-on-year in the second quarter of 2025, accelerating from a revised 5.7% a year earlier, according to new data from the Ghana Statistical Service. BUNNY ONYX topless

The rebound was powered by the services sector spanning finance, insurance, trade, and education, which surged 9.9% compared with just 2% in the same period last year.

Non-oil GDP advanced 7.8%, as gains in agriculture and other sectors helped cushion a contraction in oil production.

Government Statistician Alhassan Iddrisu, who released the figures, noted that the data reflect a strengthening recovery from Ghana’s deepest economic crisis in decades.

Inflation has also continued to ease, falling to 11.5% in August — its lowest since October 2021, beating the Finance Ministry’s target of 11.9% by year-end.

The stronger-than-expected growth is expected to bolster investor confidence as policymakers work to sustain stability and advance IMF-backed reforms.

CBN

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