ACCRA, Dec 11 – Ghana’s economy grew 5.5 percent year-on-year in the third quarter of 2025, driven by a solid rebound in the agriculture and services sectors, the Ghana Statistical Service reported on Wednesday.
The performance marks continued recovery from the country’s recent economic crisis, though it reflects a slowdown from the revised 7.0 percent growth recorded in the same period in 2024.
Government Statistician Alhassan Iddrisu said the moderation was largely due to weaker industrial output, which rose only 0.8 percent. By contrast, agriculture expanded 8.6 percent, supported by strong fishing and crop production, while the services sector covering finance, insurance, trade and education grew 7.6 percent.
“Agriculture’s contribution to growth was outsized, showing a sector that is recovering quickly and adding real weight to national output,” Iddrisu noted.
Non-oil GDP increased 6.8 percent, down from 7.8 percent a year earlier.
Ghana, a major producer of gold, oil and cocoa, continues to stabilize after facing its most severe economic crisis in decades. Inflation has now declined for 11 consecutive months, reaching 6.3 percent in November its lowest level since a 2021 rebasing.
With inflation falling sharply, the Bank of Ghana has delivered 1,000 basis points in cumulative rate cuts this year, citing improved economic fundamentals and expectations that price pressures will ease further.
