Check the speaker for any damage, and check the headphone jack for any damage. There's a small switch in the jack to switch between speaker and headphones that might have dirt in it, or is rusted, or similar. The speaker can also burn out occasionally, but I haven't heard of that happening with a GBA before.
You could unsolder the speaker and check for continuity and correct resistance (should be printed on the back), if those are given and to spec the wiring should be fine, and barring any tears or similar leave the headphone jack as likely culprit.
But also, couldn't hurt to put some contact cleaner into the volume wheel and give that a good scrub. Those are contact potentiometers and can get dirty fairly easily as well.