Ghana’s economy extended by 6.6% within the 3rd quarter of this year, temporary information from the Ghana Statistical Service demonstrates.
But within the same period of 2020, the development rate was -3.2%.
In any case, without oil, the economy developed at a rate of 8.6% within the nine months of 2021.
Usually a noteworthy increment from what was recorded the same period last year, which was a compression, as a result of the Covid-19 pandemic.
The most sub-sectors that extended in quarter three of 2021 are Instruction (24.2%); Wellbeing & Social Works (20.5%); Information & Communication (17.0%); Proficient Regulatory & Back (16.7%); Lodging & Eateries (16.4%); Open Organization & Resistance, Social Security (16.3%), Angling (14.3%); Genuine Bequest (11.5%); Crops (9.8%).
For sectoral development rates, the Administrations division recorded the most noteworthy development rate of 13.4%, taken after by the Agribusiness division with 9.2%.
In any case, Industry contracted by 2.0%. This was as a result of compression within the mining sub segment.
Fabricating (7.5%), Water supply, Sewerage, Squander Administration and Remediation Exercises (6.7%, Power (5.1%) and Development (1.7%) in any case all recorded extension in their sub sectors.
Government Statistician, Teacher Samuel Kobina Annim, clarified that usually the most elevated development rate since the moment quarter of 2019 which recorded 7.5 percent development rate for non-oil GDP.
GDP sectoral offers
Concurring to the information, the Administrations division was the biggest division of the Ghanaian economy within the third quarter of 2021 with a share of 45% of GDP at basic costs.
The GDP share of Industry and Farming were 31% and 24% individually.
Genuine quarterly GDP: July to September 2021
The GDP (Counting Oil & Gas) assess at consistent 2013 costs for the 3rd quarter of 2021 was ¢43.09 billion compared to ¢40.440 billion within the 3rd quarter of 2020.
The Non-oil GDP at steady 2013 costs for the 3rd quarter of 2021 was ¢39.974 billion compared to ¢36.82 billion within the 3rd quarter of 2020.
blogpay
