According to the Ghana Statistical Service, the cumulative economic growth for the second quarter (Q2) of 2024 stood at 6.9%.
GSS explained that the growth represents an increase from the 4.7 percent recorded in the first quarter of 2024.
A statement issued by GSS stated that growth is largely driven by the mining, quarrying, crops, information and communication, construction, and manufacturing sectors.
The services sector continues to be the largest sector of the Ghanaian economy in 2024 Q2 with a share of 44.2 percent of GDP at basic prices. The GDP shares of industry and agriculture were 32.2 percent and 23.6 percent, respectively.
Ghana’s overall industry sector grew by 9.3%, driven by mining and quarrying, while the gold sector expanded for the third consecutive period, by 23.6% in the second quarter. The services sector grew by 5.8%, while agriculture rose by 5.4%.
The services sector continues to be the largest sector of the Ghanaian economy in 2024 Q2 with a share of 44.2 percent of GDP at basic prices. The GDP shares of industry and agriculture were 32.2 percent and 23.6 percent, respectively.
By: Rainbowradioonline.com/Ghana
