Skilled companies agency Deloitte is optimistic that the federal government will obtain its 4.0% Gross Home Product (GDP) development goal for 2025.
Based on the skilled companies agency, insurance policies just like the 24-Hour Economic system Programme could be key in creating an surroundings that may allow the federal government to work with the personal sector to attain sustainable financial development with tangible advantages for Ghanaians.
“The GDP development of 5.3% within the first quarter of 2025 exceeded the 4.9% GDP development for quarter one and the 2025 annual goal of 4.0%. This means the chance of attaining the annual GDP development goal by the tip of the yr”.
It defined that the expansion within the first quarter of 2025 was anchored by the Trade sector, which expanded by 6.8%.
Based on Deloitte, this supplies an early indication of earlier investments within the trade yielding outcomes.
Actual Sector Efficiency
The Agriculture sector accounted for 23.5% of quarter one 2025 GDP at fundamental costs, marking a rise of 1.4% in opposition to quarter one 2024 contribution of twenty-two.1% and signifying a rise in productiveness within the sector in comparison with the identical interval final yr.
Equally, Trade contributed 29.7% to GDP at fundamental costs, a 0.1% improve from 29.6% in the identical interval of 2024. This slight improve was achieved regardless of a 22.1% contraction within the Oil and Fuel sub-sector.
The Providers sector maintained its place as the most important contributor to GDP within the first quarter of 2025. Its contribution to GDP, nevertheless, decreased by 1.5% from 48.3% within the first quarter of 2024 to 46.8% in quarter one 2025.
The foremost drivers of non-oil GDP development minimize throughout the next:
Fishing (16.40%)
Info & Communication (13.10%)
Monetary & Insurance coverage Actions (9.3%)
Transport & Storage (8.60%)
Well being & Social Work (7.30%)
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