Ghana records a growth rate of 6.6% in the third quarter (July to September) this year compared to -3.2% in the same period of 2020.
Professor Samuel Annim, the Government Statistician, who announced this on Wednesday (22 December), said non-oil GDP was 8.6% for the period. It stood at -3.0 in 2020.
He said GDP, including Oil and Gas, for the third quarter of 2021 was GHC43,093.5 million compared to GHC40444.03 million in the third quarter of 2020.
However, the GDP without Oil and Gas for the third quarter of 2021 was GHC39,974.4 million compared to GHC36,823.7 million in the third quarter of 2020.
On sectors contributions to GDP, the Service sector recorded the highest growth of 13.4%, followed by the Agricultural sector with a growth rate of 9.2%.
The Industry sector, however, contracted by 2%.
On GDP sectoral shares, the Service sector was the largest of the Ghanaian economy in the third quarter, contributing GHC44,923.5 million, representing 45% of GDP.
The Industry sector gave GHC1,732.7 million, resenting 31% while Agriculture was GHC24,049.0 million, representing 24%.
Within the Agricultural sector, the Crops, Cocoa and Fishing sub-sectors grew by 2.1% and 3.8% respectively in the third quarter of 2021.
The Livestock sub-sector declined marginally to 1.1% from 1.2% recorded in the second quarter of 2021 while the Forestry and Logging sector grew at a slower rate of 0.6 per cent from 2.9% recorded in the second quarter of 2021.
Within the Industry sector, the manufacturing sub-sector grew by 1.6% in the third quarter of 2021 compared to a growth of 1.8% in the second quarter of 2021.
Water supply, Sewerage, waste management and remediation activities grew by 1.5% in the third quarter as the Construction sector recorded 0.4% growth compared with a 0.6% expansion in the second quarter in 2021.
The mining and quarrying sector continued to contract by 3.2% in the third quarter from -4.8 per cent it recorded in the second quarter in 2021.
In the Service sector, Education grew by 6.3% compared to a growth of 0.8% in the second quarter of 2021 as the Real Estate, Public Administration and Defense and Social Security each expanded by 4.0 per cent compared with the 1.7% and 1.5% respectively recorded in 2021 Second quarter.
Information and Communication expanded by 3.8% compared to a 4.3% recorded in the second quarter of 2021, Prof Annim added.
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