Ghana’s economy grew 5.5 per cent year-on-year in the three months to September (Q3), slower than 7.0 per cent recorded for the same period last year, the Ghana Statistical Service said on Wednesday
This means the economy produced fewer goods and services than at the same time last year.
Dr Iddrisu Alhassan, the Acting Government Statistician, in a press briefing, said agriculture was still growing after recovery in 2025 (Q1). He said the agriculture sector grew by 8.6 per cent, compared to 2.5 per cent in Q3 of 2024.
The Government Statistician said fishing grew the largest in the agriculture sector, growing by 23.1 per cent compared to a contraction (-6.4 per cent) in Q3 of 2024.
He said the oil and gas sector declined sharply by 18.2 per cent, dragging the industrial sector down.
Dr Alhassan said Information and Communication, Crops, Trade, Transport and Storage, Manufacturing and Education were the main drivers of GDP growth in Q3 2025, all together contributing about 86% of the 5.5 per cent growth.
He said seasonally adjusted, Ghana’s provisional real GDP increased by 1.3 per cent in Q3 2025 from 1.6 per cent in Q3 2024.
He named fishing among the five top expanding sub-sectors, and oil & gas as one of the top five contracting activities.
The Government Statistician called on households to invest in skills for high-growth sectors. He also urged them to focus on acquiring skills in rapidly expanding areas like Fishing, ICT, and Trade to leverage emerging employment opportunities.
For businesses, he asked them to prioritise investment in key growth drivers: Direct capital towards expanding sectors such as Agriculture (Fishing, Crops) and Services (ICT, Transport & Storage) to maximise returns.
He urged the government to sustain and amplify support for leading sectors: Implement targeted policies to further boost Agriculture (Fishing, Crops) and Services (ICT, Trade, Transport & Storage) to drive overall economic growth.
