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

France and US-backed gas megaprojects drive $5.6bn investment surge into Mozambique

Mozambique has attracted about $5.6 billion in foreign direct investment as...

Egypt secures $1.5bn financing support as Middle East tensions threaten food security

Egypt has signed a $1.5 billion financing agreement with the International...

Tinubu and Kagame deepen Nigeria-Rwanda partnership on trade and mobility

Bola Ahmed Tinubu and Paul Kagame have moved to strengthen bilateral...

China confirms Nigeria as its largest engineering contracting market in Africa

China has confirmed that Nigeria remains its largest engineering contracting market...

Egypt unveils Tutankhamun artefact and restored ancient tombs in Luxor

Egypt has unveiled a newly exhibited artefact linked to the tomb...

Morocco plans $2bn budget boost to cushion economy from Middle East tensions

Morocco is preparing to inject an additional $2 billion into its...

Classic Nile Elegance — Sonesta St. George Hotel

Situated along the banks of the Nile River in Luxor, Egypt,...

The Rosman Sisters Building a Rising Legacy Across Nollywood Fashion and Humanitarian Impact

The Rosman Sisters, comprising Nwandiuto “Uto” Rosman, Sunshine “Shine” Rosman, and...

LASG awards ₦900m in grants to researchers and startups to drive innovation

Lagos State Government has awarded more than ₦900 million in grants...

Related Posts

LEAVE A REPLY

Please enter your comment!
Please enter your name here