Annual growth of the gross capital formation in Ghana
Ghana: Annual growth of the gross capital formation was 13.1% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Ghana, 2007–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Ghana recorded 13.1% for annual growth of the gross capital formation in 2024.
The figure 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.
That places Ghana 24th out of 167 countries with data for 2024, putting it 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% | +45.3% |
| 2013 | -23.8% | -160.9% |
| 2014 | 4.6% | -119.2% |
| 2015 | -2.6% | -156.2% |
| 2016 | 12.1% | -570.8% |
| 2017 | 1.5% | -87.6% |
| 2018 | 11.9% | +690.7% |
| 2019 | -9.3% | -178.8% |
| 2020 | 1.2% | -113.0% |
| 2021 | 5.6% | +356.6% |
| 2022 | 0.7% | -87.4% |
| 2023 | -27.8% | -4067.1% |
| 2024 | 13.1% | -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% | 13.1% | 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)
- Gross capital formation (constant 2015 US$), annual growth rate 13.04 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1667 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 403.33 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate 7.51 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.3391 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per capita 820.4 current US$ per person (2024)
- Imports of goods and services (current LCU), annual growth rate 38.52 % change on previous year (2024)
- Imports of goods and services (current LCU), per unit of GDP 4.82 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 13.1% in 2024, according to World Bank – processed by Our World in Data.
- 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 24th out of 167 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 World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
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About this data
Annual growth of the gross capital formation (%).