Provisional data from the Ghana Statistical Service shows that Ghana's economy expanded by 7.2% in the third quarter of 2024. This marks an increase from the 6.9% growth recorded in the second quarter of the same year. The Services sector remains the largest contributor to the economy, accounting for 42.9% of the Gross Domestic Product (GDP) at basic prices. Industry and Agriculture follow, contributing 32.6% and 24.5% to the GDP, respectively.

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Provisional data from the Ghana Statistical Service indicates that Ghana's economy expanded by 7.2% in the third quarter of 2024. This marks an improvement from the 6.9% growth rate recorded in the second quarter of the year. The Services sector remains the dominant contributor to the economy, accounting for 42.9% of the Gross Domestic Product (GDP) at basic prices. Industry and Agriculture follow, with growth rates of 32.6% and 24.

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5%, respectively. Crops expanded by 5.9% year-on-year and 1.3% quarter-on-quarter. Meanwhile, the fishing sub-sector contracted by -21.7% year-on-year and 6.5% quarter on quarter. Mining and quarrying sub- sector also expanded in the Industry sub-sector GDP estimates, while water and sewerage contracted.

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Meanwhile, Information and Communication expanded the most within the services sector with other personal services activities contract in the third quarter of the year.

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