Construction, value added in Ghana
Ghana: Construction, value added was 3.38 billion current US$ 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 US$.
Analysis
The most recent figure for construction, value added in Ghana is 3.38 billion current US$, measured in 2011. That is the highest value across all 41 years on record.
That represents a change of up 30.6% on the previous year and up 623.9% over ten years.
Over the whole period, construction, value added in Ghana peaked at 3.38 billion current US$ in 2011 and was at its lowest, 61.64 million current US$, in 1983.
That places Ghana 8th out of 52 countries with data for 2011, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Construction, value added in Ghana, year by year
| Year | current US$ | Change |
|---|---|---|
| 1965 | 123.26 million current US$ | — |
| 1966 | 103.09 million current US$ | -16.4% |
| 1967 | 85.97 million current US$ | -16.6% |
| 1968 | 71.58 million current US$ | -16.7% |
| 1969 | 74.52 million current US$ | +4.1% |
| 1970 | 91.29 million current US$ | +22.5% |
| 1971 | 113.99 million current US$ | +24.9% |
| 1972 | 78.04 million current US$ | -31.5% |
| 1973 | 92.18 million current US$ | +18.1% |
| 1974 | 132.42 million current US$ | +43.7% |
| 1975 | 125.32 million current US$ | -5.4% |
| 1976 | 110.93 million current US$ | -11.5% |
| 1977 | 120.66 million current US$ | +8.8% |
| 1978 | 90.23 million current US$ | -25.2% |
| 1979 | 93.87 million current US$ | +4.0% |
| 1980 | 109.44 million current US$ | +16.6% |
| 1981 | 86.69 million current US$ | -20.8% |
| 1982 | 69.37 million current US$ | -20.0% |
| 1983 | 61.64 million current US$ | -11.1% |
| 1984 | 96.95 million current US$ | +57.3% |
| 1985 | 128.41 million current US$ | +32.5% |
| 1986 | 145.18 million current US$ | +13.1% |
| 1987 | 143.61 million current US$ | -1.1% |
| 1988 | 149.57 million current US$ | +4.1% |
| 1989 | 157.78 million current US$ | +5.5% |
| 1990 | 190.74 million current US$ | +20.9% |
| 1991 | 242.62 million current US$ | +27.2% |
| 1992 | 240.85 million current US$ | -0.7% |
| 1999 | 664.67 million current US$ | +176.0% |
| 2000 | 434.12 million current US$ | -34.7% |
| 2001 | 467.25 million current US$ | +7.6% |
| 2002 | 544.60 million current US$ | +16.6% |
| 2003 | 676.75 million current US$ | +24.3% |
| 2004 | 781.54 million current US$ | +15.5% |
| 2005 | 979.54 million current US$ | +25.3% |
| 2006 | 1.11 billion current US$ | +13.2% |
| 2007 | 1.67 billion current US$ | +50.8% |
| 2008 | 2.36 billion current US$ | +41.3% |
| 2009 | 2.23 billion current US$ | -5.6% |
| 2010 | 2.59 billion current US$ | +16.0% |
| 2011 | 3.38 billion current US$ | +30.6% |
Ghana compared with similar countries
- Ghana's 3.38 billion current US$ is above the median for lower middle income countries, which is 544.23 million current US$, 6.2× the median. (23 countries reporting)
- Ghana's 3.38 billion current US$ is above the median for Sub-Saharan Africa, which is 300.18 million current US$, 11.3× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Construction, value added in Ghana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +176.0% | 240.85 million current US$ | 664.67 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 91.68 million current US$ | 71.58 million current US$ | 123.26 million current US$ | 5 |
| 1970s | 104.89 million current US$ | 78.04 million current US$ | 132.42 million current US$ | 10 |
| 1980s | 114.87 million current US$ | 61.64 million current US$ | 157.78 million current US$ | 10 |
| 1990s | 334.72 million current US$ | 190.74 million current US$ | 664.67 million current US$ | 4 |
| 2000s | 1.13 billion current US$ | 434.12 million current US$ | 2.36 billion current US$ | 10 |
| 2010s | 2.99 billion current US$ | 2.59 billion current US$ | 3.38 billion current US$ | 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$), annual growth rate 23.42 % change on previous year (2024)
Frequently asked questions
- What is construction, value added in Ghana?
- Construction, value added in Ghana was 3.38 billion current US$ 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 3.38 billion current US$ in 2011.
- What is the lowest construction, value added recorded in Ghana?
- The lowest recorded value was 61.64 million current US$ in 1983.
- How does Ghana rank for construction, value added?
- Ghana ranks 8th out of 52 countries with data for 2011.
- Is construction, value added rising or falling in Ghana?
- Over the last ten years it is up 623.9%. 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 US$). 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
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 U.S. dollars.