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Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.
Ghana’s economy expanded by 5.3% in the first quarter of 2025, marking the fastest Q1 growth since 2020, according to the Q1 2025 GDP Bulletin released by Deloitte.
In real terms, the economy recorded a 1.4% growth, representing the strongest quarterly performance over the past five years.
Sectoral performance showed that the momentum was largely driven by strong gains in the fishing sector, which grew by 16.4%, followed by information and communication at 13.1% and financial and insurance activities at 9.3%.
The services sector maintained its dominance in the economic structure, contributing 46.8% to GDP, ahead of industry at 29.7% and agriculture at 23.5%.
Source: newsthemegh.com