Gold industry contributed GH¢88bn to Ghana’s GDP in 2024 – Vice President

By Sarah Appiah

 

The government has disclosed that Ghana’s gold industry contributed GH¢88.1 billion to the national Gross Domestic Product (GDP) in 2024, with gold exports reaching US$11.2 billion as of August 2025.

Vice President Professor Naana Jane Opoku-Agyemang made this revelation during the inauguration of the Newmont Ahafo North Mine on Thursday, October 30, 2025.

She noted that the mining sector remains a key driver of Ghana’s economy, with the latest figures underscoring its central role in job creation, revenue generation, and investment attraction.

“The opening of the Ahafo North Mine is an act of partnership and progress, and the fruit of mutual respect and collaboration,” Professor Opoku-Agyemang stated.

“Last year, Ghana’s gold industry contributed GH¢88.1 billion to our GDP. Also, this year, our gold exports reached a record of US$11.2 billion. These figures demonstrate and encourage more confidence in our economy, governance, and national potential.”

The Vice President further described the over US$1 billion investment in the Ahafo North Mine as a testament to Ghana’s ability to attract major global investors.

She emphasised that the project would not only boost national revenue but also stimulate development in the Ahafo Region and beyond through local employment and community projects.

Credit: citinewsroom.com