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Ghana's GDP Growth Slows to 4.2% in November 2025

Ghana
February 12, 2026 (Updated: February 13, 2026) 0 Negative AI Assisted
Ghana's GDP Growth Slows to 4.2% in November 2025

TheWkly Analysis

Provisional data from the Ghana Statistical Service indicates that Ghana's GDP grew by 4.2% in November 2025, down from 7.1% in November 2024. Agriculture in Ghana recorded a growth of 4.1% in November 2025 compared to 3.8% in November 2024, driven primarily by fisheries and crop production as explained by Dr. Alhassan Iddrisu. The industry sector in Ghana saw its growth slow to 0.4% in November 2025 from 6.2% in November 2024, due to a slowdown in mining and quarrying activities, particularly in the oil and gas sectors. Services in Ghana contributed significantly with a growth of 6.7% in November 2025, which is slower than the 10.2% recorded in the same period of the previous year.

Multiple perspectives analyzed from 0 sources
What this means for you:
Ghanaian workers in the mining and oil sectors may face job losses or reduced hours due to the industry's sharp growth decline from 6.2% to 0.4%.
Farmers in Ghana could experience slightly improved incomes from the agriculture sector's growth increase to 4.1% from 3.8%, potentially leading to better food security.
Consumers in Ghana might encounter higher costs for goods and services as the overall GDP growth slows to 4.2% from 7.1%, reducing purchasing power for households.
Your Wallet
Ghana's slower growth in oil and mining could nudge up global prices for gas and gold just a bit, meaning you might pay a few extra cents per gallon on your commute or see chocolate prices creep higher if cocoa output feels the pinch. If you have gold jewelry or simple investments like a gold ETF, their value might tick up a little. But honestly, this is a tiny blip for your wallet since Ghana's economy doesn't directly touch most American spending.

Key Entities

  • Ghana Statistical Service Organization

    The national agency that collects and publishes economic data, including GDP growth figures for Ghana.

  • Dr. Alhassan Iddrisu Person

    The Government Statistician who provided commentary on the sectoral growth rates in the economic report.

  • Agriculture sector Concept

    A key economic area in Ghana that showed modest growth driven by fisheries and crop production.

  • Industry sector Concept

    An economic sector in Ghana that experienced significant slowdown, particularly in mining and oil activities.

Multi-Perspective Analysis

Left-Leaning View

Left perspectives might frame this as evidence of exploitative global trade systems harming developing nations like Ghana, emphasizing the need for international reforms to protect vulnerable sectors.

Centrist View

Center perspectives would view this as a straightforward economic report highlighting sectoral challenges, focusing on data-driven analysis and the importance of balanced policy responses from Ghana's government.

Right-Leaning View

Right perspectives could see this as a result of over-reliance on certain industries, stressing the need for domestic reforms and reduced foreign aid dependency to foster self-reliant growth in Ghana.

Source & Verification

Source: Joy Online RSS

Status: AI Processed

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