The Ghana Statistical Service (GSS) has shared key insights into the country’s economic progress for October, as reported by Government Statistician, Dr. Alhassan Iddrisu.
The data indicates that the economy experienced an expansion of 3.8% in October 2025, in contrast to the 3.0% recorded in the same month the previous year, suggesting a sustained growth trajectory.
The Monthly Indicator of Economic Growth (MIEG) published by the Ghana Statistical Service reveals that the development signifies a general growth throughout essential sectors of the economy, notwithstanding persistent unequal growth.
Sectoral statistics reveal that the services sector was the primary driver of development, increasing by 5.5% in October 2025. The industry represented around 74.7% of overall economic growth, highlighting its preeminent importance in stimulating economic activity.
Trade, telecommunications, transportation, hospitality, and other service-oriented industries sustained the sector’s robust performance.
The industrial sector had a growth rate of 3.0%, accounting for 28.7% of total economic growth. The enhancement was bolstered by advancements in manufacturing and other industrial sectors, indicating a progressive fortification of productive capability.
Simultaneously, agriculture expanded by 0.9%, accounting for 1.3% of total growth. The sector’s somewhat moderate improvement, albeit good, indicates persistent structural and seasonal issues.
