The Ghana Statistical Service has announced the latest Gross Domestic Product figures for the second quarter of the year 2025.
These figures indicate a positive sign of growth and recovery in the economy hit hard by a pandemic as well as geopolitical tensions but also presents a daily reminder of how still vulnerable the Ghanaian economy is. The economy is still Services led which posted nominal GDP of GH¢125.2 billion (GH¢19.9 billion Real GDP) against Agriculture which contributed GH¢74.1 billion (GH¢9.6 billion Read GDP). The Industrial sector which is the second largest on the other hand contributed GH¢99.1 billion (GH¢15.8 billion Real GDP).
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Based on the data presented by GSS, five sub-sectors expanded over period with Information and Communication leading the pack with a growth rate of 21.3%. Education grew by 16.6% followed by Health and Social Work then Finance and Insurance by 9.7%. Within that same period, Mining and Quarrying, and Real Estate both contracted by -1.8%. The contribution by the top 5 economic activities gave the services sector the biggest share of GDP at 42% in 2025 Q2. Non-oil GDP grew by 7.8% which marked a significant increase compared to the 5.7% recorded in the same quarter 2024 while oil and gas activity contracted by -22.5%.
GSS observed that fast-growing areas like ICT, education and health provided job opportunities for highly skilled individuals therefore urging the government to invest in digital and service-oriented solutions “to ride the wave of growth in ICT, finance, and education” while diversifying beyond oil-related industries and align production with rising household demand for food, health and technology.