Ghana’s economy expanded by 5.5% year-on-year in the third quarter of 2025, driven by an improvement in the agriculture and services sectors, the statistics agency said on Wednesday.<\/p>\n
However, growth slowed from a revised 7.0% in the same period last year, dragged down mostly by the industrial sector that expanded by only 0.8%, government statistician Alhassan Iddrisu told reporters.<\/p>\n
Fishing and crop production lifted the growth in the agricultural sector to 8.6%, Iddrisu said, adding that the services sector, encompassing finance, insurance, trade, and education grew by 7.6%.<\/p>\n
“Agriculture’s contribution to growth was outsized, showing a sector that is recovering quickly and adding real weight to the national output,” Iddrisu said.<\/p>\n
Non-oil real GDP grew by 6.8% compared to 7.8% a year ago.<\/p>\n
The country, which produces gold, oil and cocoa, is emerging from its most severe economic crisis in decades. Its annual inflation rate dropped for the 11th consecutive month to 6.3%\u00a0in November, its lowest level since a rebasing exercise in 2021.<\/p>\n
In response to the falling inflation, Ghana’s central bank cut its main interest rate by a cumulative 1,000 basis points this year, citing an improved economic outlook and expectations for inflation to fall further.<\/p>\n","protected":false},"excerpt":{"rendered":"
Ghana’s economy expanded by 5.5% year-on-year in the third quarter of 2025, driven by an improvement in the agriculture and services sectors, the statistics agency said on Wednesday. However, growth slowed from a revised 7.0% in the same period last year, dragged down mostly by the industrial sector that expanded by only 0.8%, government statistician […]<\/p>\n","protected":false},"author":1,"featured_media":14385,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":1,"jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard","override":[{"template":"1","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_featured":"1","show_post_meta":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_comment_section":"1","number_popup_post":"1","show_post_related":"1","show_inline_post_related":"1"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0","source_name":"Reuters","subtitle":""},"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[32,2362,27],"tags":[158],"class_list":["post-18897","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-featured","category-west-africa","tag-ghana"],"_links":{"self":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/posts\/18897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/comments?post=18897"}],"version-history":[{"count":1,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/posts\/18897\/revisions"}],"predecessor-version":[{"id":18898,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/posts\/18897\/revisions\/18898"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/media\/14385"}],"wp:attachment":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/media?parent=18897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/categories?post=18897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/tags?post=18897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}