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.

This article is free to read.

Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.

Create your free account or sign in


Recent Business

A joyful couple streaming movie on phone. Photo by Askar Abayev @Pexels
Why Africa’s streaming market still struggles to attract global investors
Read More »
Aerial view of the National Bank of Ethiopia (NBE). Photo by AMN-English | Facebook
Could Ethiopia’s dollar auction quietly redefine Birr market reality?
Read More »
Open market in Accra, Ghana. Photo by Benggriff - Own work, CC BY-SA 3.0
Can Ghana’s cooling treasury bill demand threaten fragile economic recovery?
Read More »

Recent Politics

A protester holding the Kenyan flag during a demonstration in Nairobi's streets. Photo: @Pexels
How Ruto’s fuel policies triggered public outrage in Kenya
Read More »
French President Emmanuel Macron and Kenyan leader William Ruto at the Africa Forward Summit. Photo @William Ruto/Facebook
Can France win Anglophone Africa after Sahel influence collapse?
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 »

Latest Posts

Latest news insights