Construction, value added in Ghana
Ghana: Construction, value added was 5.11 billion current LCU in 2011. ◆ Volatile
Construction, value added in Ghana, 1965–2011
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.
Construction, value added in Ghana, year by year
| Year | current LCU | Change |
|---|---|---|
| 1965 | 8,800 current LCU | — |
| 1966 | 7,360 current LCU | -16.4% |
| 1967 | 7,400 current LCU | +0.5% |
| 1968 | 7,300 current LCU | -1.4% |
| 1969 | 7,600 current LCU | +4.1% |
| 1970 | 9,310 current LCU | +22.5% |
| 1971 | 11,790 current LCU | +26.6% |
| 1972 | 10,400 current LCU | -11.8% |
| 1973 | 13,090 current LCU | +25.9% |
| 1974 | 21,320 current LCU | +62.9% |
| 1975 | 23,560 current LCU | +10.5% |
| 1976 | 26,180 current LCU | +11.1% |
| 1977 | 42,230 current LCU | +61.3% |
| 1978 | 51,700 current LCU | +22.4% |
| 1979 | 65,900 current LCU | +27.5% |
| 1980 | 105,500 current LCU | +60.1% |
| 1981 | 149,100 current LCU | +41.3% |
| 1982 | 148,600 current LCU | -0.3% |
| 1983 | 279,600 current LCU | +88.2% |
| 1984 | 594,500 current LCU | +112.6% |
| 1985 | 978,000 current LCU | +64.5% |
| 1986 | 1.30 million current LCU | +32.5% |
| 1987 | 2.11 million current LCU | +62.9% |
| 1988 | 3.02 million current LCU | +43.3% |
| 1989 | 4.26 million current LCU | +40.8% |
| 1990 | 6.22 million current LCU | +46.1% |
| 1991 | 8.92 million current LCU | +43.4% |
| 1992 | 10.52 million current LCU | +18.0% |
| 1999 | 177.23 million current LCU | +1584.4% |
| 2000 | 236.56 million current LCU | +33.5% |
| 2001 | 334.69 million current LCU | +41.5% |
| 2002 | 431.55 million current LCU | +28.9% |
| 2003 | 586.58 million current LCU | +35.9% |
| 2004 | 702.99 million current LCU | +19.8% |
| 2005 | 887.74 million current LCU | +26.3% |
| 2006 | 1.02 billion current LCU | +14.5% |
| 2007 | 1.56 billion current LCU | +53.9% |
| 2008 | 2.50 billion current LCU | +59.8% |
| 2009 | 3.14 billion current LCU | +25.7% |
| 2010 | 3.71 billion current LCU | +17.9% |
| 2011 | 5.11 billion current LCU | +38.0% |
Ghana compared with similar countries
- Ghana's 5.11 billion current LCU is below the median for lower middle income countries, which is 61.00 billion current LCU, 8% of the median. (23 countries reporting)
- Ghana's 5.11 billion current LCU is below the median for Sub-Saharan Africa, which is 76.50 billion current LCU, 7% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where Construction, value added in Ghana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +1584.4% | 10.52 million current LCU | 177.23 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | 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
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 38.84 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0003 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1.11 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.91 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 8.08 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0167 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 54.42 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 23.42 % change on previous year (2024)
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.
Download this data
CSV · JSON — 41 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.