{"id":608581,"date":"2019-04-18T14:00:57","date_gmt":"2019-04-18T14:00:57","guid":{"rendered":"
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General News of Thursday, 18 April 2019<\/p>\n

Source: <\/strong>yen.com.gh<\/p>\n2019-04-18\n\n

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<\/p>\n

\n

General News of Thursday, 18 April 2019<\/p>\n

Source: <\/strong>yen.com.gh<\/p>\n

2019-04-18<\/p>\n

\n

\"SamuelGovernment Statistician, Professor Samuel Annim<\/span><\/span><\/p>\n<\/div>\n

The Ghana Statistical Service (GSS) has revealed that Ghana\u2019s economy grew by 6.3% in the year 2018; a decline from 8.1% in 2017. <\/p>\n

In the year 2018, the total value of goods and services produced in the country also amounted to GHC154.5 billion. <\/p>\n

YEN.com.gh understands that the industry sector experienced the highest growth of 10.6%, and this was followed by the agriculture sector with 4.8%. <\/p>\n

Per a report by Citibusinessnews.com, the services sector recorded the least growth of 2.7%. <\/p>\n

Shedding light on the details, the government\u2019s statistician, Professor Samuel Annim stated, \u201cThis simply means that we have accounted for the population within the country. On the average, this is the annual amount but the distribution is another argument.\u201d <\/p>\n

He further noted, \u201cStatistically we can compute the average but that doesn\u2019t mean there is an equal distributional effect in which case the poorest in the economy are going to benefit from the richest.\u201d <\/p>\n

Meanwhile, from October to December 2018, Ghana\u2019s economy grew by 6.8 percent, which was an increase, compared to the 5.5%recorded in the same period in 2017. <\/p>\n

The GSS attributed the rise to growth recorded in sectors like mining and quarrying, health and social work. <\/p>\n

However, a further analysis shows that the decline in oil and gas production led to a slow growth of 20 percent in the last quarter of 2018 compared to the same period the preceding year. <\/p>\n

In addition, the informal sector\u2019s share of the total value of goods and services between 2013 and 2018 increased from 36.1 billion to 42.6 billion cedis.<\/p>\n<\/div>\n

\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

General News of Thursday, 18 April 2019 Source: yen.com.gh 2019-04-18 Government Statistician, Professor Samuel Annim The Ghana Statistical Service (GSS) has revealed that Ghana\u2019s economy grew by 6.3% in the year 2018; a decline from 8.1% in 2017. In the year 2018, the total value of goods and services produced in the country also amounted […]<\/p>\n","protected":false},"author":1,"featured_media":608582,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-608581","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"\nGhana\u2019s economy grows by 6.3% in 2018 - GSS report - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2019\/04\/18\/ghanas-economy-grows-by-6-3-in-2018-gss-report\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Ghana\u2019s economy grows by 6.3% in 2018 - GSS report - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"General News of Thursday, 18 April 2019 Source: yen.com.gh 2019-04-18 Government Statistician, Professor Samuel Annim The Ghana Statistical Service (GSS) has revealed that Ghana\u2019s economy grew by 6.3% in the year 2018; a decline from 8.1% in 2017. 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