Construction, value added in Ghana

Ghana: Construction, value added was 5.11 billion current LCU in 2011. ◆ Volatile

Latest (2011)
5.11 billion current LCU
Change on year
up 38.0%
World rank
41st
of 51 countries
All-time high
5.11 billion current LCU
in 2011
All-time low
7,300 current LCU
in 1968
Years of data
41
1965–2011

Construction, value added in Ghana, 1965–2011

02.0B4.0B6.0B1965198820111965: 8.8k current LCU1966: 7.4k current LCU1967: 7.4k current LCU1968: 7.3k current LCU1969: 7.6k current LCU1970: 9.3k current LCU1971: 11.8k current LCU1972: 10.4k current LCU1973: 13.1k current LCU1974: 21.3k current LCU1975: 23.6k current LCU1976: 26.2k current LCU1977: 42.2k current LCU1978: 51.7k current LCU1979: 65.9k current LCU1980: 105.5k current LCU1981: 149.1k current LCU1982: 148.6k current LCU1983: 279.6k current LCU1984: 594.5k current LCU1985: 978.0k current LCU1986: 1.3M current LCU1987: 2.1M current LCU1988: 3.0M current LCU1989: 4.3M current LCU1990: 6.2M current LCU1991: 8.9M current LCU1992: 10.5M current LCU1999: 177.2M current LCU2000: 236.6M current LCU2001: 334.7M current LCU2002: 431.6M current LCU2003: 586.6M current LCU2004: 703.0M current LCU2005: 887.7M current LCU2006: 1.0B current LCU2007: 1.6B current LCU2008: 2.5B current LCU2009: 3.1B current LCU2010: 3.7B current LCU2011: 5.1B current LCU

Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current LCU.

Analysis

In 2011, construction, value added in Ghana stood at 5.11 billion current LCU. That is the highest value across all 41 years on record.

The figure is up 38.0% on the previous year and up 1,428.0% over ten years.

Over the whole period, construction, value added in Ghana peaked at 5.11 billion current LCU in 2011 and was at its lowest, 7,300 current LCU, in 1968.

That places Ghana 41st out of 51 countries with data for 2011, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 7,692 current LCU 7,300 current LCU 8,800 current LCU 5
1970s 27,548 current LCU 9,310 current LCU 65,900 current LCU 10
1980s 1.29 million current LCU 105,500 current LCU 4.26 million current LCU 10
1990s 50.72 million current LCU 6.22 million current LCU 177.23 million current LCU 4
2000s 1.14 billion current LCU 236.56 million current LCU 3.14 billion current LCU 10
2010s 4.41 billion current LCU 3.71 billion current LCU 5.11 billion current LCU 2

Countries ranked near Ghana

  1. 38 Libya 5.99 billion current LCU compare
  2. 39 Mozambique 5.94 billion current LCU compare
  3. 40 Sudan 5.17 billion current LCU compare
  4. 42 Eritrea 4.26 billion current LCU compare
  5. 43 Guinea-Bissau 3.55 billion current LCU compare
  6. 44 Namibia 3.23 billion current LCU compare

See the full ranking of 51 places →

More economy & growth data for Ghana

All data for Ghana →

Frequently asked questions

What is construction, value added in Ghana?
Construction, value added in Ghana was 5.11 billion current LCU in 2011, according to World Bank national accounts data, and OECD National Accounts data files.
What is the highest construction, value added recorded in Ghana?
The highest recorded value was 5.11 billion current LCU in 2011.
What is the lowest construction, value added recorded in Ghana?
The lowest recorded value was 7,300 current LCU in 1968.
How does Ghana rank for construction, value added?
Ghana ranks 41st out of 51 countries with data for 2011.
Is construction, value added rising or falling in Ghana?
Over the last ten years it is up 1,428.0%. The long-run trend across the full record is volatile.
Where does this Ghana data come from?
The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Construction, value added (current LCU). Statizoid updates them automatically from the source API.

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CSV · JSON — 41 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Construction, value added (current LCU)
Unit
current LCU
Source
World Bank national accounts data, and OECD National Accounts data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
51 places, 1,735 data points, 1965–2011
Last refreshed

Value added in construction is defined as the value of output of the construction industry less the value of intermediate consumption (intermediate inputs). Construction is a subset of industry (ISIC 45). Data are in current local currency.