Ghana’s economy expanded by 3.8% in October 2025, according to the latest Monthly Indicator of Economic Growth (MIEG) released by the Ghana Statistical Service (GSS).
The figure represents a moderation in the pace of economic activity compared to October 2024, while still signalling growth well above the levels recorded in 2023.
Speaking at a media briefing on Wednesday, January 14, 2025, the Government Statistician, Dr Alhassan Iddrisu, explained that the MIEG serves as a high-frequency measure of economic performance, providing an early indication of the direction of Ghana’s economy.
“The economy continued to grow in October 2025, proving that it is performing well above what was recorded in previous years,” he noted.
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Recent data from the GSS shows that the services sector remained the main driver of growth, recording 5.5% in October 2025.
The industry sector also grew by 3.0%, largely driven by manufacturing.
Meanwhile, the agriculture sector, though a contributor to national GDP, recorded the lowest growth at 0.9%.
Dr Iddrisu attributed this to seasonal fluctuations but emphasised that agriculture still performed better compared to 2024 and 2023.
According to the GSS, the latest figures highlight continued resilience in the services and industry sectors, while also pointing to structural weaknesses in Ghana’s agricultural sector.
“The government should continue to support industrial productivity and value addition. Businesses should leverage opportunities in manufacturing, trade, and digital services, while households should plan carefully and remain mindful of seasonal challenges,” he added.
He further disclosed that the GSS is finalising the fourth-quarter GDP estimates, which are expected in March 2026.
SP/MA
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