The gross domestic product in Ghana expanded 1.4% quarter-on-quarter in the three months to March 2025, following a 1.4% growth in the previous period. GDP Growth Rate in Ghana averaged 1.49 percent from 2006 until 2025, reaching an all time high of 5.10 percent in the second quarter of 2006 and a record low of -1.30 percent in the second quarter of 2020. source: Ghana Statistical Service

The Gross Domestic Product (GDP) in Ghana expanded 0.90 percent in the fourth quarter of 2024 over the previous quarter.

The Gross Domestic Product (GDP) in Ghana expanded 0.90 percent in the fourth quarter of 2024 over the previous quarter. GDP Growth Rate in Ghana is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ghana GDP Growth Rate is projected to trend around 1.30 percent in 2026 and 1.10 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
GDP Growth Rate YoY 5.30 3.60 percent Mar 2025
GDP Constant Prices 53473.70 53137.00 GHS Million Mar 2025
GDP from Agriculture 11493.63 12089.62 GHS Million Mar 2025
GDP from Construction 3285.88 2804.23 GHS Million Mar 2025
GDP from Manufacturing 6595.25 5541.60 GHS Million Mar 2025
GDP from Mining 6340.96 6579.19 GHS Million Mar 2025
GDP from Public Administration 1696.80 2104.03 GHS Million Mar 2025
GDP from Services 23198.65 22728.92 GHS Million Mar 2025
GDP from Transport 3200.57 2910.33 GHS Million Mar 2025
GDP from Utilities 748.18 719.87 GHS Million Mar 2025
GDP Growth Rate 1.40 0.90 percent Mar 2025
Gross Fixed Capital Formation 115227.41 85671.30 GHS Million Dec 2024



Ghana GDP Growth Rate
Services is the largest sector of the Ghanaian economy, accounting for 52 percent of the GDP. Within services, the most important sub-sectors are: transport and storage (10 percent); information and communication (9.8 percent); trade, repair of vehicles and household goods (7 percent) and financial and insurance activities; education and public administration & defense and social security (4 percent each). Also, industry accounts for 26 percent of the GDP with mining and quarrying (10 percent); construction (8 percent) and manufacturing (7 percent). Agriculture accounts for 22 percent, mainly crops (17 percent). On the expenditure side, household consumption is the main component of the GDP and accounts for 81 percent of its total use, followed by gross fixed capital formation (11 percent); government expenditure (10 percent) and changes in stocks (2 percent). Exports of goods and services account for 48 percent of GDP while imports for 52 percent, subtracting 4 percent of total GDP.
Actual Previous Highest Lowest Dates Unit Frequency
1.40 0.90 5.10 -1.30 2006 - 2025 percent Quarterly
Constant Prices 2013, SA