The Ghana Statistical Services says Ghana’s economy recorded a growth rate of 5.5% in the third quarter of 2025.

This represents a slowdown from the 7.0% growth recorded in the same period in 2024.

The manufacturing sector, a key component of the economy, grew by 1.25% in 3rd quarter 2025, one of the weakest performances across major sectors.

The service mentioned that challenges such as high energy and logistics costs, costly borrowing conditions, and smuggling of competing products contributed to the slowdown.

Despite this, the economy showed improvement in the second quarter of 2025 with a growth rate of 6.3%, driven by the services sector which expanded by 9.9%.