{"id":641116,"date":"2019-06-20T09:17:58","date_gmt":"2019-06-20T09:17:58","guid":{"rendered":"<br><div id=\"post-524562\"><header>\n<div class=\"entry-post-meta\">\n<p>Date: <time content=\"2019-06-20T09:09:30+00:00\" class=\"entry-date updated\" datetime=\"2019-06-20T09:09:30+00:00\">Jun 20, 2019 9:09am<\/time><\/p>\n<\/div> \n<\/header><div class=\"entry-content c"},"modified":"2019-06-20T09:17:58","modified_gmt":"2019-06-20T09:17:58","slug":"ghanas-economy-records-6-7-growth-in-2019-first-quarter","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/06\/20\/ghanas-economy-records-6-7-growth-in-2019-first-quarter\/","title":{"rendered":"Ghana\u2019s economy records 6.7% growth in 2019 first quarter"},"content":{"rendered":"<p><\/p>\n<div id=\"post-524562\">\n<header>\n<div class=\"entry-post-meta\">\n<p>Date: <time content=\"2019-06-20T09:09:30+00:00\" class=\"entry-date updated\" datetime=\"2019-06-20T09:09:30+00:00\">Jun 20, 2019 9:09am<\/time><\/p>\n<\/div>\n<\/header>\n<div class=\"entry-content clearfix\">\n<figure class=\"fff post-thumbnail\" itemprop=\"associatedMedia\" itemscope=\"\" itemtype=\"http:\/\/schema.org\/ImageObject\"><img decoding=\"async\" class=\"post_layout_5_img\" src=\"https:\/\/cdn.ghanamma.com\/2019\/06\/finance-minister-ofori-atta-in-parliament.jpg\" alt=\"Ghana\u2019s economy records 6.7% growth in 2019 first quarter\"\/><span class=\"featured-image-caption\"><br \/>\nFinance Minister, Ken Ofori-Atta <\/span><br \/>\n<\/figure>\n<p>Provisional figures released by the Ghana Statistical Service (GSS) shows that Ghana\u2019s Gross Domestic Product(GDP) grew by 6.7 percent in the first quarter of 2019.<\/p>\n<p>This is compared to the same period in 2018 which was at 5.4 percent.<\/p>\n<p>Speaking at a press conference, the Government Statistician, Professor Samuel Kobina Annim pointed out that the non-oil GDP growth for the first quarter of 2019 was at 6.0 percent year-on-year compared to 4.2 percent recorded in the first quarter of 2018.<\/p>\n<p><strong>Services sector<\/strong><\/p>\n<p>Breaking the figures down into sectors, he explained that the Services sector recorded a year-on-year quarterly GDP growth rate of 7.2 percent.<\/p>\n<p>\u201cThe Information &amp; Communication sub-sector recorded the highest year-on-year quarterly GDP growth rate of 37.0 percent while the Finance &amp; Insurance sub-sector recorded the lowest growth of 2.1 percent\u201d.<\/p>\n<p><strong>Industry sector<\/strong><\/p>\n<p>The year-on-year quarterly GDP growth rate for the Industry sector was at 8.4 percent for the first quarter 2019.<\/p>\n<p>The Mining and Quarrying sub-sector recorded the highest year-on-year quarterly GDP growth rate of 20.9 percent for same period in 2019, while the construction sub-sector recorded the lowest, with a contraction at -8.7 percent.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-504430 size-full\" src=\"https:\/\/cdn.ghanamma.com\/2019\/06\/GDP-Pic.jpg\"   alt=\"\" width=\"686\" height=\"532\" data-pin-no-hover=\"true\"\/><\/p>\n<p><strong>Agriculture sector<\/strong><\/p>\n<p>The year-on-year quarterly GDP growth rate for Agriculture was at 2.2\u00a0 percent for the first quarter of 2019.<\/p>\n<p>Also, the livestock sub-sector recorded the highest year-on-year growth rate of 5.5 percent while the Forestry and logging sub-sector recorded the lowest, with a contraction of -5.8 percent.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-504431 size-full\" src=\"https:\/\/cdn.ghanamma.com\/2019\/06\/gdp-2.jpg\"   alt=\"\" width=\"668\" height=\"516\" data-pin-no-hover=\"true\"\/><\/p>\n<p><span class=\"ctx-article-root\"\/>  <\/p>\n<\/div>\n<\/div>\n<p>\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<a style=\"display:none\" rel=\"follow\" href=\"http:\/\/megatheme.ir\/\" title=\"\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633\">\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Date: Jun 20, 2019 9:09am Finance Minister, Ken Ofori-Atta Provisional figures released by the Ghana Statistical Service (GSS) shows that Ghana\u2019s Gross Domestic Product(GDP) grew by 6.7 percent in the first quarter of 2019. This is compared to the same period in 2018 which was at 5.4 percent. Speaking at a press conference, the Government [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":641118,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-641116","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ghana\u2019s economy records 6.7% growth in 2019 first quarter - 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\/06\/20\/ghanas-economy-records-6-7-growth-in-2019-first-quarter\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Ghana\u2019s economy records 6.7% growth in 2019 first quarter - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Date: Jun 20, 2019 9:09am Finance Minister, Ken Ofori-Atta Provisional figures released by the Ghana Statistical Service (GSS) shows that Ghana\u2019s Gross Domestic Product(GDP) grew by 6.7 percent in the first quarter of 2019. 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