Ghana’s economy grew by 6.9 percent in the second quarter of 2024, provisional figures released by the Ghana Statistical Service (GSS) has revealed.
Compared to the first quarter of 2024, the economy grew at 4.7 percent.
The Services sector continues to be the largest contributor to the growth in the second quarter of 2024 with 44.2 percent.
This is followed by the Industry sector with a contribution of 32.2 percent and the Agriculture sector with 23.6 percent.
The sub-sector, which expanded the most under the Services sector was information and communication, recording 12.8 percent year on year, and by 2.9 percent quarter on quarter.
Mining and Quarrying subsector expanded by 14.8 percent year and year and 3.8 percent quarter on quarter in quarter two of 2024.
The agriculture sub-sector saw crops expanding with 6.4 percent.
However, some subsectors experienced contractions during the period.
Forestry and Logging subsector had a growth of -5.2 percent, Water supply, sewerage, waste management and Remediation activities also recorded a contraction rate of -9.6 percent.
Personal services activities under the services sector had a contraction of -3.1 percent
