• Submit article
  • Advertise
  • My LiStingGh
    • Your News
Sunday, July 3, 2022
27 °c
Labadi
28 ° Mon
28 ° Tue
28 ° Wed
28 ° Thu
  • Login
  • Register
The New Crusading Guide Online
  • Home
  • Politics
  • News
  • Africa
  • World
  • Business
  • Lifestyle
  • Tech
  • Entertainment
  • Your News
  • More News
No Result
View All Result
  • Home
  • Politics
  • News
  • Africa
  • World
  • Business
  • Lifestyle
  • Tech
  • Entertainment
  • Your News
  • More News
No Result
View All Result
The New Crusading Guide Online
No Result
View All Result
Home News

Ghana’s Economy Grows By 6.7% In First Quarter Of 2019 -GSS

News Desk by News Desk
June 20, 2019
in News, Politics, Reviews, Social Media
Reading Time: 2 mins read
1.6k 33
A A
0
Ghana’s Economy Grows By 6.7% In First Quarter Of 2019 -GSS
1.3k
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

BY Adu Koranteng

Ghana’s Gross Domestic Product (GDP) for the first quarter of 2019 grew by 6.7% compared to 5.4% recorded for the first quarter of 2018.

According to the Ghana Statistical Service (GSS), non-oil growth stood at 6 percent.

Related posts

New Juaben Installs New Chief Amidst Litigation

New Juaben Installs New Chief Amidst Litigation

July 1, 2022
1.8k
‘New Sheriffs’ For GJA Take Over … Journalists Support Fund Tops Albert Dwumfour’s Agenda

‘New Sheriffs’ For GJA Take Over … Journalists Support Fund Tops Albert Dwumfour’s Agenda

July 1, 2022
1.8k

Speaking to the press on Wednesday, Government Statistician Prof Samuel Anim said, “Despite the industrial Sector recording the highest growth rate of 8.4 percent, the Information Communication and Technology sub sector increased growth from 16.3 percent to 37 percent, making it the highest contributor to the rate”.

Sectoral growth for Q1 of 2019

In the Agriculture sector, the livestock sub-sector recorded the highest year-on-year growth rate of 5.5 % while the Forestry and logging sub-sector recorded the lowest, with a contraction (-5.8 %).The crops sub-sector grew by 2.4% in the 1st quarter of 2019, compared to 0.6% in the 1st quarter of 2018.The fishing sub-sector recorded a growth of rate of -1.5 per cent within the Agriculture sector.

The year-on-year quarterly GDP growth rate for the Industry sector is 8.4% for 2019Q1.The Mining & Quarrying sub-sector recorded the highest year-on-year quarterly GDP growth rate of 20.9% for 2019Q1, while the construction sub-sector recorded the lowest, with a contraction (-8.7%).

For the first quarter of 2019, the Services sector recorded a year-on-year quarterly GDP growth rate of 7.2%. The Information & Communication sub-sector recorded the highest year-on-year quarterly GDP growth rate of 37.0% while the Finance & Insurance sub-sector recorded the lowest growth of 2.1%.

World Bank’s prediction

The World Bank earlier projected a 6.7 percent economic growth for the country in 2019, as it also projected oil production to dissipate.

“Growth in Ghana is forecast to moderate from 6.9 percent in 2018 to 6.7 percent in 2019 as the effects of high oil production dissipate,” The World Bank said.

Related

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
Previous Post

SUPREME COURT THROWS OUT AFOKO

Next Post

Despite Hue-And-Cry About Insecurity, Ghana Ranked 4th Most Peaceful Country … In Africa…

News Desk

News Desk

Related Posts

New Juaben Installs New Chief Amidst Litigation
Culture

New Juaben Installs New Chief Amidst Litigation

July 1, 2022
1.8k
‘New Sheriffs’ For GJA Take Over … Journalists Support Fund Tops Albert Dwumfour’s Agenda
More News

‘New Sheriffs’ For GJA Take Over … Journalists Support Fund Tops Albert Dwumfour’s Agenda

July 1, 2022
1.8k
Judgement Debt Looms Over Stalled Decommissioning Of Oil Rig -INSTEPR Warns
National

Judgement Debt Looms Over Stalled Decommissioning Of Oil Rig -INSTEPR Warns

July 1, 2022
1.8k
Rahman’s 10 Million Fraud!
More News

Rahman’s 10 Million Fraud! MY LIPS ARE SEALED 

July 1, 2022
1.9k
“All SET FOR APPIATSE COMMUNITY RECONSTRUCTION TO BEGIN”- LANDS MINISTER
National

“All SET FOR APPIATSE COMMUNITY RECONSTRUCTION TO BEGIN”- LANDS MINISTER

June 30, 2022
1.8k
Operations Feed Yourself Campaign
National

Operations Feed Yourself Campaign

June 30, 2022
1.8k
Next Post
Despite Hue-And-Cry About Insecurity, Ghana Ranked 4th Most Peaceful Country … In Africa…

Despite Hue-And-Cry About Insecurity, Ghana Ranked 4th Most Peaceful Country … In Africa…

Police Combat Ready For Terrorists …125 Officers Undergo Training To Foil Possible Attacks

Police Combat Ready For Terrorists …125 Officers Undergo Training To Foil Possible Attacks

Leave a Reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

RECOMMENDED NEWS

New Juaben Installs New Chief Amidst Litigation

New Juaben Installs New Chief Amidst Litigation

2 days ago
1.8k
‘New Sheriffs’ For GJA Take Over … Journalists Support Fund Tops Albert Dwumfour’s Agenda

‘New Sheriffs’ For GJA Take Over … Journalists Support Fund Tops Albert Dwumfour’s Agenda

2 days ago
1.8k
Judgement Debt Looms Over Stalled Decommissioning Of Oil Rig -INSTEPR Warns

Judgement Debt Looms Over Stalled Decommissioning Of Oil Rig -INSTEPR Warns

2 days ago
1.8k
Rahman’s 10 Million Fraud!

Rahman’s 10 Million Fraud! MY LIPS ARE SEALED 

2 days ago
1.9k

BROWSE BY CATEGORIES

  • Africa
  • Apps & Software
  • Business
  • Corona
  • Crypto News
  • Culture
  • Entertainment
  • Food
  • Health
  • Lifestyle
  • Mobile
  • More News
  • myblog
  • National
  • News
  • Opinion
  • Politics
  • Reviews
  • Science
  • Social Media
  • Sports
  • Startup
  • Tech
  • Travel
  • uncategorized
  • US
  • World
  • Your News

BROWSE BY TOPICS

2018 League Africa airbus Anas apiate apiatse appiate Australia Balinese Culture Bali United bogoso Budget Travel Champions League China Chopper Bike coronavirus corruption Côte d’Ivoire Ebony EC Election Results entertainment Europe France Gaza Germany Ghana India Israel NDC News Nigeria North Korea NPP People Reviews Russia South Africa South Korea Spain Tech UK world Woyome Zimbabwe
ADVERTISEMENT
The New Crusading Guide Online

The New Crusading Guide is a privately own newspaper in Ghana with Mr ABdul Malik Kweku Baako as its Editor in Chief. We give you the latest news

Follow us on social media:

Recent News

  • New Juaben Installs New Chief Amidst Litigation
  • ‘New Sheriffs’ For GJA Take Over … Journalists Support Fund Tops Albert Dwumfour’s Agenda
  • Judgement Debt Looms Over Stalled Decommissioning Of Oil Rig -INSTEPR Warns
  • Rahman’s 10 Million Fraud! MY LIPS ARE SEALED 
  • “All SET FOR APPIATSE COMMUNITY RECONSTRUCTION TO BEGIN”- LANDS MINISTER

Special Links

  • Submit article
  • Advertise
  • My LiStingGh
    • Your News

Quick Links

  • About
  • Advertise
  • Careers
  • Privacy & Policy
  • Contact
  • About
  • About
  • Advertise
  • Careers
  • Privacy & Policy
  • Contact
  • About

© 2022 The New Crusading Online - All rights Reserved. Powered by Uthink.

No Result
View All Result
  • Home
  • Politics
  • Science
  • News
  • World
  • Business
  • National
  • Sports
  • Entertainment
  • Lifestyle
  • Travel
  • Opinion
  • Tech

© 2022 The New Crusading Online - All rights Reserved. Powered by Uthink.

Welcome Back!

OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

OR

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

error: Content is protected !!
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
x Logo: Shield Security
This Site Is Protected By
Shield Security →