Ghana’s economy expanded by 6.3% year-on-year in the second quarter of 2025, up from 5.7% in the same period last year, according to the national statistics agency.
The services sector, which includes finance, insurance, trade, and education, led the growth with a 9.9% surge compared to 2% a year earlier, contributing four percentage points to overall GDP expansion.
Non-oil GDP grew 7.8%, while agriculture recorded gains and oil output contracted.
The West African nation, a major gold, oil, and cocoa producer, is gradually recovering from its worst economic crisis in decades.
Inflation slowed to 11.5% in August, the lowest since October 2021, with the finance ministry projecting year-end inflation at 11.9%.
