Dr. Iddrisu highlighted that Ghana’s economy continues to be led by the services sector. In 2025, services accounted for 45.9% of GDP, followed by industry at 31.3% and agriculture at 22.8%.
He noted that growth was primarily driven by digital and knowledge-based activities. Key contributors within the services sector included Information and Communication (20.2%), Education (11.6%), Transport and Storage (8.6%), and Financial and Insurance Activities (6.8%).
“A few sectors fueled most of the growth,” Dr. Iddrisu said. “Information and Communication, Crops, Gold, Manufacturing, Transport and Storage, and Education collectively contributed around 87% of total GDP growth in 2025, underscoring the main drivers of economic expansion.”
Data from the Ghana Statistical Service (GSS) showed that GDP per capita rose to GH¢42,502 in 2025 from GH¢35,834 in 2024, an 18.6% increase. In dollar terms, GDP per capita climbed 33.9% from US$2,527 to US$3,385, partly due to exchange rate gains.
Ghana’s economy expanded by 5.8% in the fourth quarter (Q4) of 2025, up from 4% in Q4 2024, reflecting stronger year-on-year momentum. Non-oil activities were the main contributors, with non-oil GDP growing 7.1% in Q4 2025 compared with 4.8% in Q4 2024.
Agriculture performed better, growing 5.3% (up from 3.2% the previous year), largely driven by crops, which expanded by 6.6%. Cocoa returned to positive growth at 3.0%, following a 12.8% contraction in Q4 2024.
Industry improved modestly, growing 1.9% compared with 0.3% in Q4 2024. However, the sector was constrained by a 16.8% decline in oil and gas production, despite gains in manufacturing (6.1%) and electricity (7.2%).
Services remained the main engine of growth, expanding 8.6% and contributing 63.4% of overall GDP growth while accounting for 50.6% of GDP.
The GSS recommended that households build financial resilience by managing spending, rebuilding savings, and investing in skills and income opportunities in fast-growing sectors such as ICT, transport and logistics, agriculture value chains, and digital services.
For businesses, the GSS advised focusing investment on the economy’s fastest-growing areas—including ICT, transport and storage, manufacturing, agriculture value chains, education, and financial services—while improving productivity, adopting technology, controlling costs, and diversifying supply chains to remain competitive amid uneven sectoral growth.
The GSS also urged the government to sustain economic momentum by supporting high-performing sectors and addressing weaknesses in oil and gas, mining, forestry, and other declining areas. Continued investment in agriculture, agroprocessing, logistics, digital infrastructure, and industrial value chains will help maintain non-oil growth and broaden Ghana’s economic base.
