Gross capital formation (constant 2015 US$) in Ghana
Ghana: Gross capital formation (constant 2015 US$) was 13.89 billion constant 2015 US$ in 2024. ▲ Rising
Gross capital formation in Ghana, 2006–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Ghana recorded 13.89 billion constant 2015 US$ for gross capital formation in 2024.
That represents a change of up 13.0% on the previous year and down 1.2% over ten years.
Over the whole period, gross capital formation in Ghana peaked at 17.63 billion constant 2015 US$ in 2012 and was at its lowest, 10.00 billion constant 2015 US$, in 2010.
That places Ghana 75th out of 163 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Gross capital formation (constant 2015 US$) in Ghana, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2006 | 12.97 billion constant 2015 US$ | — |
| 2007 | 14.97 billion constant 2015 US$ | +15.4% |
| 2008 | 16.22 billion constant 2015 US$ | +8.4% |
| 2009 | 12.82 billion constant 2015 US$ | -20.9% |
| 2010 | 10.00 billion constant 2015 US$ | -22.0% |
| 2011 | 12.69 billion constant 2015 US$ | +26.9% |
| 2012 | 17.63 billion constant 2015 US$ | +39.0% |
| 2013 | 13.45 billion constant 2015 US$ | -23.8% |
| 2014 | 14.06 billion constant 2015 US$ | +4.6% |
| 2015 | 13.70 billion constant 2015 US$ | -2.6% |
| 2016 | 15.36 billion constant 2015 US$ | +12.1% |
| 2017 | 15.59 billion constant 2015 US$ | +1.5% |
| 2018 | 17.44 billion constant 2015 US$ | +11.9% |
| 2019 | 15.81 billion constant 2015 US$ | -9.4% |
| 2020 | 16.00 billion constant 2015 US$ | +1.2% |
| 2021 | 16.89 billion constant 2015 US$ | +5.6% |
| 2022 | 17.01 billion constant 2015 US$ | +0.7% |
| 2023 | 12.28 billion constant 2015 US$ | -27.8% |
| 2024 | 13.89 billion constant 2015 US$ | +13.0% |
Ghana compared with similar countries
- Ghana's 13.89 billion constant 2015 US$ is above the median for lower middle income countries, which is 5.34 billion constant 2015 US$, 2.6× the median. (42 countries reporting)
- Ghana's 13.89 billion constant 2015 US$ is above the median for Sub-Saharan Africa, which is 4.33 billion constant 2015 US$, 3.2× the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.25 billion constant 2015 US$ | 12.82 billion constant 2015 US$ | 16.22 billion constant 2015 US$ | 4 |
| 2010s | 14.57 billion constant 2015 US$ | 10.00 billion constant 2015 US$ | 17.63 billion constant 2015 US$ | 10 |
| 2020s | 15.21 billion constant 2015 US$ | 12.28 billion constant 2015 US$ | 17.01 billion constant 2015 US$ | 5 |
Countries ranked near Ghana
- 72 Lithuania 14.31 billion constant 2015 US$ compare
- 73 Uganda 14.21 billion constant 2015 US$ compare
- 74 Paraguay 14.20 billion constant 2015 US$ compare
- 76 Costa Rica 13.50 billion constant 2015 US$ compare
- 77 Cambodia 13.43 billion constant 2015 US$ compare
- 78 Slovenia 12.36 billion constant 2015 US$ compare
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)
- SDRs holdings, US dollar, annual growth rate 457.43 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.374 units per person (2025)
- SDRs holdings, SDR, annual growth rate 430.83 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.2731 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
Frequently asked questions
- What is gross capital formation in Ghana?
- Gross capital formation in Ghana was 13.89 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Ghana?
- The highest recorded value was 17.63 billion constant 2015 US$ in 2012.
- What is the lowest gross capital formation recorded in Ghana?
- The lowest recorded value was 10.00 billion constant 2015 US$ in 2010.
- How does Ghana rank for gross capital formation?
- Ghana ranks 75th out of 163 countries with data for 2024.
- Is gross capital formation rising or falling in Ghana?
- Over the last ten years it is down 1.2%. The long-run trend across the full record is rising.
- Where does this Ghana data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.