Ghana's gold sector contributed GH¢88.1 billion to national GDP in 2024 - Veep

Ghana's gold industry contributed GH¢88.1 billion to the national Gross Domestic Product (GDP) in 2024, with gold exports reaching US$11.2 billion as of August 2025.

This was disclosed by Ghana’s Vice President, Professor Naana Jane Opoku-Agyemang.

Speaking at the inauguration of the Newmont Ahafo North Mine on October 30, 2025, Professor Opoku-Agyemang emphasised that Ghana's mining sector remains a key driver of the economy, with the latest figures highlighting its central role in job creation, revenue generation, and investment attraction.

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“The opening of the Ahafo North Mine is an act of partnership and progress, and the fruit of mutual respect and collaboration. Last year, Ghana’s gold industry contributed GH¢88.1 billion to our GDP. Also, this year, our gold exports reached a record US$11.2 billion. These figures demonstrate and inspire confidence in our economy, governance, and national potential,” she stated.

She described the over US$1 billion investment in the Ahafo North Mine as a testament to Ghana’s ability to attract major global investors.

Professor Opoku-Agyemang noted that the project would not only boost national revenue but also stimulate development in the Ahafo Region and beyond through local employment opportunities and community projects.

SP/MA

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