Ghana’s economy grows 5.3% despite global trade tensions – GSS

Ghana’s economy is showing strong resilience in the face of global trade tensions, according to the Ghana Statistical Service (GSS).

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Government Statistician Dr. Alhassan Iddrisu announced that the country recorded a 5.3% GDP growth in the first quarter of 2025, an improvement from 4.9% during the same period in 2024.

Speaking at a press briefing, Dr. Iddrisu noted that Ghana has so far been able to cushion its economy from the impact of ongoing international tariff wars and economic uncertainty.

Ordinarily, trade tensions should dampen growth. But what we’re seeing in Q1 2025 doesn’t indicate significant negative effects on Ghana’s economy,” he said. “This suggests early signs of resilience, though it’s still too early for firm conclusions.”

The GSS attributes this performance to robust domestic economic management and adaptive policy responses that continue to shield the country from external shocks.

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