Ghana’s economy grew by 5.5% in the third quarter of 2025, buoyed largely by stronger performances in agriculture and services, according to data released by the national statistics office on Wednesday.
The latest figures, however, reflect a slowdown compared to the revised 7.0% recorded in the same period last year, with the industrial sector expanding by just 0.8%.
Government statistician Alhassan Iddrisu attributed the weaker industrial output to subdued activity but noted that other sectors remained resilient.
Agriculture saw an 8.6% boost, supported mainly by fishing and crop production. The services sector which includes finance, insurance, trade and education also advanced by 7.6%.
“Agriculture’s contribution to growth was outsized, showing a sector that is recovering quickly and adding real weight to the national output,” Iddrisu said.
Non-oil GDP rose by 6.8%, slightly below the 7.8% recorded a year earlier.
The country, a major producer of gold, cocoa and oil, continues to claw its way out of one of its worst economic downturns in decades.
Inflation eased for the 11th straight month to 6.3% in November, the lowest since the 2021 rebasing. With price pressures easing, the central bank has trimmed its benchmark rate by a combined 1,000 basis points this year, citing a brighter economic outlook and expectations of further disinflation.
