Construction, value added in Ghana

Ghana: Construction, value added was 3.38 billion current US$ in 2011. ◆ Volatile

Latest (2011)
3.38 billion current US$
Change on year
up 30.6%
World rank
8th
of 52 countries
All-time high
3.38 billion current US$
in 2011
All-time low
61.64 million current US$
in 1983
Years of data
41
1965–2011

Construction, value added in Ghana, 1965–2011

01.0B2.0B3.0B1965198820111965: 123.3M current US$1966: 103.1M current US$1967: 86.0M current US$1968: 71.6M current US$1969: 74.5M current US$1970: 91.3M current US$1971: 114.0M current US$1972: 78.0M current US$1973: 92.2M current US$1974: 132.4M current US$1975: 125.3M current US$1976: 110.9M current US$1977: 120.7M current US$1978: 90.2M current US$1979: 93.9M current US$1980: 109.4M current US$1981: 86.7M current US$1982: 69.4M current US$1983: 61.6M current US$1984: 97.0M current US$1985: 128.4M current US$1986: 145.2M current US$1987: 143.6M current US$1988: 149.6M current US$1989: 157.8M current US$1990: 190.7M current US$1991: 242.6M current US$1992: 240.9M current US$1999: 664.7M current US$2000: 434.1M current US$2001: 467.2M current US$2002: 544.6M current US$2003: 676.7M current US$2004: 781.5M current US$2005: 979.5M current US$2006: 1.1B current US$2007: 1.7B current US$2008: 2.4B current US$2009: 2.2B current US$2010: 2.6B current US$2011: 3.4B current US$

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 5 Morocco 5.59 billion current US$ compare
  2. 6 Libya 4.90 billion current US$ compare
  3. 7 Zambia 4.27 billion current US$ compare
  4. 9 Uganda 1.98 billion current US$ compare
  5. 10 Tunisia 1.96 billion current US$ compare
  6. 11 Sudan 1.94 billion current US$ compare

See the full ranking of 55 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 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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About this data

Indicator
Construction, value added (current US$)
Unit
current US$
Source
World Bank national accounts data, and OECD National Accounts data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
55 places, 1,868 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 U.S. dollars.