Annual growth of the gross capital formation in Ghana
Ghana: Annual growth of the gross capital formation was 13.0% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Ghana, 2007–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual growth of the gross capital formation in Ghana stood at 13.0%.
Compared with earlier readings it is up 147.0% on the previous year and up 185.6% over ten years.
Over the whole period, annual growth of the gross capital formation in Ghana peaked at 39.0% in 2012 and was at its lowest, -27.8%, in 2023.
Ghana ranks 25th of 174 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Ghana, year by year
| Year | % | Change |
|---|---|---|
| 2007 | 15.4% | — |
| 2008 | 8.4% | -45.6% |
| 2009 | -20.9% | -350.2% |
| 2010 | -22.0% | +5.2% |
| 2011 | 26.9% | -221.9% |
| 2012 | 39.0% | +45.2% |
| 2013 | -23.8% | -160.9% |
| 2014 | 4.6% | -119.2% |
| 2015 | -2.6% | -156.2% |
| 2016 | 12.1% | -571.5% |
| 2017 | 1.5% | -87.6% |
| 2018 | 11.9% | +689.9% |
| 2019 | -9.4% | -178.8% |
| 2020 | 1.2% | -113.0% |
| 2021 | 5.6% | +358.0% |
| 2022 | 0.7% | -87.5% |
| 2023 | -27.8% | -4081.9% |
| 2024 | 13.0% | -147.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.9% | -20.9% | 15.4% | 3 |
| 2010s | 3.8% | -23.8% | 39.0% | 10 |
| 2020s | -1.4% | -27.8% | 13.0% | 5 |
Countries ranked near Ghana
More economy & growth data for Ghana
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.15 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5 Percent per annum (2029)
- Total reserves minus gold (current US$), annual growth rate 46.91 % change on previous year (2024)
- Total reserves minus gold (current US$), per unit of GDP 0.0537 current US$ per US$ of GDP (2024)
- Total reserves minus gold (current US$), per capita 129.91 current US$ per person (2024)
- General government final consumption expenditure (current US$) -9.71 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.048 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 116.18 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 16.35 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 0.682 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is annual growth of the gross capital formation in Ghana?
- Annual growth of the gross capital formation in Ghana was 13.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Ghana?
- The highest recorded value was 39.0% in 2012.
- What is the lowest annual growth of the gross capital formation recorded in Ghana?
- The lowest recorded value was -27.8% in 2023.
- How does Ghana rank for annual growth of the gross capital formation?
- Ghana ranks 25th out of 174 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Ghana?
- Over the last ten years it is up 185.6%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
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