Government Statistician, Dr. Alhassan Iddrisu, has said that Ghana’s economy continues to show signs of resilience despite external headwinds, including the ongoing global tariff war.
Provisional data from the Ghana Statistical Service indicates that the economy expanded by 5.3% in the first quarter of 2025, up from 4.9% recorded during the same period in 2024.
Government Statistician, Dr. Alhassan Iddrisu at a press briefing says the latest figures suggest that Ghana has, so far, managed to shield its economy from the adverse effects of global trade tensions.
“We are all aware of what is happening. All other things being equal, one would have assumed that because of the trade war and trade tension, it should have a significant dampening effect on growth. What we are seeing is that the numbers we are seeing for the first quarter of 2025 in terms of growth don’t seem to suggest that the impact of the trade tensions is very significant on Ghana but this is early days yet. Data shows so far Ghana has been resilient and robust in terms of absorbing the shocks with regards to the trade tensions,” he said.