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.
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.