Search

Ghana’s Economy Expands by 6.9% in Q2 2024, Driven by Strong Industrial Growth

Ghana’s Economy Expands
  • Ghana’s economy grows by 6.9% in Q2 2024, the highest quarterly growth since 2019
  • Non-oil GDP also rises 7%, with the industrial sector leading the expansion at 9.3%

Accra, Ghana – Ghana’s economy grew by 6.9% in the second quarter of 2024, a significant increase compared to the 2.5% growth recorded in the same period last year, Government Statistician Professor Samuel Kobina Annim announced Wednesday. Non-oil GDP also saw robust growth, rising by 7% in the second quarter compared to 3.1% in the same period in 2023.

Recent Business

French president Emmanuel Macron and Kenyan leader William Ruto at the Africa Forward Summit. Photo @William Ruto/Facebook
Can France and Kenya sell Africa’s first-loss financing model to the G7?
Read More »
Nigeria President Bola Tinubu. Photo @Bola Tinubu/Facebook
Why Nigeria’s first ratings upgrade since 2012 tests Tinubu’s painful reform gamble
Read More »
French President Emmanuel Macron in Africa recently. Photo @Emmanuel Macron/Facebook
Will France’s €23bn Africa pledge finally deliver beyond summit diplomacy?
Read More »

Recent Politics

French President Emmanuel Macron in Africa recently. Photo @Emmanuel Macron/Facebook
Will France’s €23bn Africa pledge finally deliver beyond summit diplomacy?
Read More »
Uganda opposition leader Robert Kyagulanyi, alias Bobi Wine. Photo: National Unity Platform/Facebook
What shapes the politics of Bobi Wine, Uganda’s “Ghetto President”
Read More »
South Africa President Cyril Ramaphosa hosts the G20 Summit. Photo: G20 Summit Flickr
Why South Africans are far less tolerant of migrants than before
Read More »

Latest Posts

Latest news insights