Gross capital formation (constant LCU), annual growth rate in Ghana
Ghana: Gross capital formation (constant LCU), annual growth rate was 13.05 % change on previous year in 2024. ◆ Volatile
Gross capital formation (constant LCU), annual growth rate in Ghana, 2007–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross capital formation (constant lcu), annual growth rate in Ghana is 13.05 % change on previous year, measured in 2024.
Compared with earlier readings it is up 147.0% on the previous year and up 185.6% over ten years.
Over the whole period, gross capital formation (constant lcu), annual growth rate in Ghana peaked at 39 % change on previous year in 2012 and was at its lowest, -27.77 % change on previous year, in 2023.
Ghana ranks 34th of 169 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (constant LCU), annual growth rate in Ghana, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | 15.38 % change on previous year | — |
| 2008 | 8.37 % change on previous year | -45.6% |
| 2009 | -20.94 % change on previous year | -350.2% |
| 2010 | -22.03 % change on previous year | +5.2% |
| 2011 | 26.85 % change on previous year | -221.9% |
| 2012 | 39 % change on previous year | +45.2% |
| 2013 | -23.75 % change on previous year | -160.9% |
| 2014 | 4.57 % change on previous year | -119.2% |
| 2015 | -2.57 % change on previous year | -156.2% |
| 2016 | 12.1 % change on previous year | -571.5% |
| 2017 | 1.5 % change on previous year | -87.6% |
| 2018 | 11.86 % change on previous year | +690.0% |
| 2019 | -9.35 % change on previous year | -178.8% |
| 2020 | 1.22 % change on previous year | -113.0% |
| 2021 | 5.57 % change on previous year | +358.0% |
| 2022 | 0.6974 % change on previous year | -87.5% |
| 2023 | -27.77 % change on previous year | -4082.7% |
| 2024 | 13.05 % change on previous year | -147.0% |
Ghana compared with similar countries
- Ghana's 13.05 % change on previous year is above the median for lower middle income countries, which is 5.33 % change on previous year, 2.4× the median. (43 countries reporting)
- Ghana's 13.05 % change on previous year is above the median for Sub-Saharan Africa, which is 6.99 % change on previous year, 1.9× the median. (44 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation (constant LCU), annual growth rate 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 |
|---|---|---|---|
| 2023 | -4082.7% | 0.6974 % change on previous year | -27.77 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.9376 % change on previous year | -20.94 % change on previous year | 15.38 % change on previous year | 3 |
| 2010s | 3.82 % change on previous year | -23.75 % change on previous year | 39 % change on previous year | 10 |
| 2020s | -1.45 % change on previous year | -27.77 % change on previous year | 13.05 % change on previous year | 5 |
Countries ranked near Ghana
- 31 Honduras 13.39 % change on previous year compare
- 32 Vanuatu 13.21 % change on previous year compare
- 33 Cape Verde 13.08 % change on previous year compare
- 35 Pakistan 11.76 % change on previous year compare
- 36 Samoa 11.65 % change on previous year compare
- 37 Gabon 11.26 % change on previous year 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)
- 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 gross capital formation (constant lcu), annual growth rate in Ghana?
- Gross capital formation (constant lcu), annual growth rate in Ghana was 13.05 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (constant lcu), annual growth rate recorded in Ghana?
- The highest recorded value was 39 % change on previous year in 2012.
- What is the lowest gross capital formation (constant lcu), annual growth rate recorded in Ghana?
- The lowest recorded value was -27.77 % change on previous year in 2023.
- How does Ghana rank for gross capital formation (constant lcu), annual growth rate?
- Ghana ranks 34th out of 169 countries with data for 2024.
- Is gross capital formation (constant lcu), annual growth rate rising or falling in Ghana?
- Over the last ten years it is up 185.6%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross capital formation (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross capital formation (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.