Gross capital formation (current LCU), annual growth rate in Ghana
Ghana: Gross capital formation (current LCU), annual growth rate was 30.38 % change on previous year in 2024. ◆ Volatile
Latest (2024)
30.38 % change on previous year
Change on year
up 378.7%
World rank
25th
of 186 countries
All-time high
141.29 % change on previous year
in 2013
All-time low
-43.34 % change on previous year
in 1972
Years of data
55
1961–2024
Gross capital formation (current LCU), annual growth rate in Ghana, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross capital formation (current lcu), annual growth rate in Ghana stood at 30.38 % change on previous year.
The figure is up 378.7% on the previous year and down 23.7% over ten years.
Over the whole period, gross capital formation (current lcu), annual growth rate in Ghana peaked at 141.29 % change on previous year in 2013 and was at its lowest, -43.34 % change on previous year, in 1972.
That places Ghana 25th out of 186 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current LCU), annual growth rate in Ghana, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | -11.79 % change on previous year | — |
| 1962 | -9.63 % change on previous year | -18.4% |
| 1963 | 21.89 % change on previous year | -327.4% |
| 1964 | 16.99 % change on previous year | -22.4% |
| 1965 | 8.71 % change on previous year | -48.7% |
| 1966 | -25.57 % change on previous year | -393.5% |
| 1967 | -20.51 % change on previous year | -19.8% |
| 1968 | 21.94 % change on previous year | -206.9% |
| 1969 | 24.87 % change on previous year | +13.4% |
| 1970 | 35.59 % change on previous year | +43.1% |
| 1971 | 10.31 % change on previous year | -71.0% |
| 1972 | -43.34 % change on previous year | -520.3% |
| 1973 | 58 % change on previous year | -233.8% |
| 1974 | 92.41 % change on previous year | +59.3% |
| 1975 | 10.53 % change on previous year | -88.6% |
| 1985 | 76.45 % change on previous year | +626.3% |
| 1986 | 45.83 % change on previous year | -40.0% |
| 1987 | 62.58 % change on previous year | +36.5% |
| 1988 | 52.55 % change on previous year | -16.0% |
| 1989 | 57.65 % change on previous year | +9.7% |
| 1990 | 48.2 % change on previous year | -16.4% |
| 1991 | 38.94 % change on previous year | -19.2% |
| 1992 | -6.93 % change on previous year | -117.8% |
| 1993 | 139.71 % change on previous year | -2117.1% |
| 1994 | 45 % change on previous year | -67.8% |
| 1995 | 24.46 % change on previous year | -45.6% |
| 1996 | 54.88 % change on previous year | +124.4% |
| 1997 | 45.64 % change on previous year | -16.8% |
| 1998 | 14.17 % change on previous year | -69.0% |
| 1999 | 8.13 % change on previous year | -42.6% |
| 2000 | 50.77 % change on previous year | +524.7% |
| 2001 | 55.41 % change on previous year | +9.1% |
| 2002 | -4.95 % change on previous year | -108.9% |
| 2003 | 57.64 % change on previous year | -1265.6% |
| 2004 | 49.4 % change on previous year | -14.3% |
| 2005 | 24.43 % change on previous year | -50.6% |
| 2006 | 52.22 % change on previous year | +113.8% |
| 2007 | -17.04 % change on previous year | -132.6% |
| 2008 | 39.72 % change on previous year | -333.1% |
| 2009 | 20.83 % change on previous year | -47.6% |
| 2010 | 0.2987 % change on previous year | -98.6% |
| 2011 | 27.04 % change on previous year | +8953.6% |
| 2012 | 66.78 % change on previous year | +147.0% |
| 2013 | 141.29 % change on previous year | +111.6% |
| 2014 | 39.8 % change on previous year | -71.8% |
| 2015 | 17.97 % change on previous year | -54.8% |
| 2016 | 9.92 % change on previous year | -44.8% |
| 2017 | -8.02 % change on previous year | -180.8% |
| 2018 | 30.29 % change on previous year | -477.8% |
| 2019 | -0.7561 % change on previous year | -102.5% |
| 2020 | 7.43 % change on previous year | -1082.8% |
| 2021 | 10.12 % change on previous year | +36.3% |
| 2022 | 28.15 % change on previous year | +178.0% |
| 2023 | -10.9 % change on previous year | -138.7% |
| 2024 | 30.38 % change on previous year | -378.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.99 % change on previous year | -25.57 % change on previous year | 24.87 % change on previous year | 9 |
| 1970s | 27.25 % change on previous year | -43.34 % change on previous year | 92.41 % change on previous year | 6 |
| 1980s | 59.01 % change on previous year | 45.83 % change on previous year | 76.45 % change on previous year | 5 |
| 1990s | 41.22 % change on previous year | -6.93 % change on previous year | 139.71 % change on previous year | 10 |
| 2000s | 32.84 % change on previous year | -17.04 % change on previous year | 57.64 % change on previous year | 10 |
| 2010s | 32.46 % change on previous year | -8.02 % change on previous year | 141.29 % change on previous year | 10 |
| 2020s | 13.04 % change on previous year | -10.9 % change on previous year | 30.38 % change on previous year | 5 |
Countries ranked near Ghana
- 22 Syrian Arab Republic 32.08 % change on previous year compare
- 23 Timor-Leste 31.82 % change on previous year compare
- 24 Guinea 31.5 % change on previous year compare
- 26 Haiti 29.9 % change on previous year compare
- 27 Egypt 29.39 % change on previous year compare
- 28 Vanuatu 27.99 % 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)
- Gross capital formation (current US$), annual growth rate 1.19 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.099 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 239.51 current US$ per person (2024)
- Gross capital formation (current LCU), per unit of GDP 1.41 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 3,401 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 13.04 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1667 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 403.33 constant 2015 US$ per person (2024)
Frequently asked questions
- What is gross capital formation (current lcu), annual growth rate in Ghana?
- Gross capital formation (current lcu), annual growth rate in Ghana was 30.38 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), annual growth rate recorded in Ghana?
- The highest recorded value was 141.29 % change on previous year in 2013.
- What is the lowest gross capital formation (current lcu), annual growth rate recorded in Ghana?
- The lowest recorded value was -43.34 % change on previous year in 1972.
- How does Ghana rank for gross capital formation (current lcu), annual growth rate?
- Ghana ranks 25th out of 186 countries with data for 2024.
- Is gross capital formation (current lcu), annual growth rate rising or falling in Ghana?
- Over the last ten years it is down 23.7%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 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 (current 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.