Pressdia Ad

Ghana’s Economy Expands 5.5% in Third Quarter of 2025

Ghana’s economy grew by 5.5 percent in the third quarter of 2025, driven by stronger performance in services, industry and agriculture, the Ghana Statistical Service reported on Thursday. The outturn marks a continuation of the country’s recovery momentum following a period of economic adjustment and fiscal consolidation, according to the official release cited by Reuters.

The services sector remained the largest contributor to growth, supported by increased activity in trade, transport and information technology. Growth in the industry segment was buoyed by manufacturing and construction, while improved rainfall boosted agricultural output, the statistical service said, as reported by local media outlets.

Economists welcomed the data, noting that the 5.5 percent expansion exceeded market expectations and reflected resilient domestic demand and improved business confidence. “The Q3 GDP figures underscore Ghana’s ability to sustain growth in a challenging global environment,” a senior economist told Reuters.

The third quarter performance signals positive progress toward the government’s 2025 growth target and provides a platform for investment inflows, particularly in sectors such as energy, infrastructure and digital services. Observers said the trend also aligns with recent improvements in inflation and external balances, supporting a more stable macroeconomic outlook.

Pressdia Ad

Subscribe to Newsletter

Get the latest in luxury, business, and elite trends—subscribe now!

Pressdia Ad

Subscribe

Latest Posts

Marriott Expands Egypt Footprint as Tourism Boom Fuels Hospitality Investment

Marriott International is strengthening its presence in Egypt as the world’s...

Renault Posts Record Sales in Morocco as Africa’s Leading Automotive Hub Strengthens

France’s largest carmaker, Renault Group, has recorded its highest-ever vehicle sales...

Cabo Verde World Cup Hero Vozinha Secures Move to Chilean Giants Colo Colo

Cabo Verde international goalkeeper Vozinha has secured an 18 month contract...

Tinubu Approves Nigerian Army Expansion to 12 Divisions With 28,000 New Recruits

President Bola Tinubu has approved a major expansion of the Nigerian...

AfDB Approves $114 Million Loan to Advance Morocco’s Battery Gigafactory Ambitions

The African Development Bank (AfDB) has approved a €100 million ($114...

Ecuador–Canada Trade Deal to Make 99.6% of Exports Tariff-Free

Ecuador and Canada have signed a landmark Free Trade Agreement (FTA)...

Black Market Targets Guinness World Record With Star-Studded Nollywood Cast

Leading Nollywood actors Lateef Adedimeji and Linda Ejiofor-Suleiman will headline Black...

Preserving African Craftsmanship Through Contemporary Luxury — KÍLÉNTÁR

Founded in 2019 by British Nigerian designer Michelle Adepoju, KÍLÉNTÁR is...

Assemble Summit 2026 to Inspire Young Professionals to Build Beyond Barriers in Lagos

As Nigeria’s next generation of entrepreneurs, professionals, and innovators navigate an...

Related Posts

Renault Posts Record Sales in Morocco as Africa’s Leading Automotive Hub Strengthens

France’s largest carmaker, Renault Group, has recorded its highest-ever...

Ecuador–Canada Trade Deal to Make 99.6% of Exports Tariff-Free

Ecuador and Canada have signed a landmark Free Trade...

LEAVE A REPLY

Please enter your comment!
Please enter your name here