Ghana Statistical Service (GSS) says Ghana’s economy grew 6% in 2025, supported by strong expansion in services and non-oil sectors, with momentum accelerating toward the end of the year.
Gross domestic product rose from 197.9 billion cedis in real terms in 2024 to 209.6 billion cedis in 2025, according to provisional data released alongside fourth-quarter and December growth indicators. The annual growth rate was slightly higher than the 5.8% recorded in 2024.
Growth strengthened in the final quarter, with the economy expanding 5.8% year-on-year in the fourth quarter, up from 4% in the same period a year earlier. Non-oil GDP grew 7.1% in the quarter, indicating that expansion was largely driven by sectors outside oil and gas. Services remained the dominant driver of economic activity, growing 8.6% in the fourth quarter and accounting for more than half of total output. The sector contributed 63.4% of overall GDP growth during the period.
For the full year, services expanded 8.1%, contributing 58.2% to total growth and accounting for 45.9% of the economy, reinforcing Ghana’s status as a service-led economy.
Agriculture also recorded stronger performance, growing 6.8% in 2025, up from 2.7% a year earlier, supported by crops, fishing and a recovery in cocoa production. The sector accounted for 22.8% of GDP. Industrial growth slowed to 2.3% in 2025 from 7.2% in 2024, weighed down by a contraction in oil and gas output. The sector made up 31.3% of the economy.
Data from the fourth quarter showed a similar pattern. Agriculture expanded 5.3%, while industry grew 1.9%, constrained by a sharp decline in oil and gas production. Services outpaced both sectors, underpinned by gains in telecommunications, transport and public services.
The fastest-growing segment of the economy was information and communication, which expanded 20.2% in 2025, reflecting increased activity in telecommunications, digital services and data usage. The sector was also the largest contributor to growth, accounting for 23.7% of total expansion.
Other key drivers included crops, gold production, manufacturing, and transport and storage, which together accounted for nearly 80% of overall GDP growth. Monthly data pointed to a pickup in activity toward year-end. The Monthly Indicator of Economic Growth rose 10.1% year-on-year in December, with services leading at 12.9%, followed by agriculture and industry.
Despite the overall expansion, some sectors recorded contractions during the year, including forestry and logging, real estate and oil-related activities, highlighting areas of weakness in the economy. GDP per capita rose to 42,501 cedis in 2025 from 35,834 cedis in 2024, indicating an increase in average income levels, though officials noted that national averages may not reflect income distribution across households.
The data shows a shift toward non-oil and services-led growth, even as challenges in the energy sector continue to weigh on industrial output.
