Gross capital formation (current US$), annual growth rate (current US) in Ghana
Ghana: Gross capital formation (current US$), annual growth rate (current US) was 1.19 % change on previous year in 2024. ◆ Volatile
Gross capital formation (current US$), annual growth rate in Ghana, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross capital formation (current us$), annual growth rate in Ghana stood at 1.19 % change on previous year.
That represents a change of up 103.6% on the previous year and up 125.9% over ten years.
Over the whole period, gross capital formation (current us$), annual growth rate in Ghana peaked at 122.31 % change on previous year in 2013 and was at its lowest, -56.03 % change on previous year, in 1972.
Ghana ranks 139th of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current US$), annual growth rate (current US) 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 | -34.08 % change on previous year | +33.3% |
| 1968 | 2.92 % change on previous year | -108.6% |
| 1969 | 24.87 % change on previous year | +751.6% |
| 1970 | 35.59 % change on previous year | +43.1% |
| 1971 | 8.77 % change on previous year | -75.4% |
| 1972 | -56.03 % change on previous year | -738.7% |
| 1973 | 80.84 % change on previous year | -244.3% |
| 1974 | 39.15 % change on previous year | -51.6% |
| 1975 | -5.35 % change on previous year | -113.7% |
| 1985 | 42.07 % change on previous year | -886.7% |
| 1986 | 24.57 % change on previous year | -41.6% |
| 1987 | -1.39 % change on previous year | -105.7% |
| 1988 | 10.88 % change on previous year | -882.6% |
| 1989 | 18.15 % change on previous year | +66.8% |
| 1990 | 22.62 % change on previous year | +24.6% |
| 1991 | 23.27 % change on previous year | +2.9% |
| 1992 | -21.67 % change on previous year | -193.2% |
| 1993 | 61.42 % change on previous year | -383.4% |
| 1994 | -1.58 % change on previous year | -102.6% |
| 1995 | -0.8101 % change on previous year | -48.6% |
| 1996 | 13.56 % change on previous year | -1774.2% |
| 1997 | 16.31 % change on previous year | +20.3% |
| 1998 | 1.14 % change on previous year | -93.0% |
| 1999 | -6.26 % change on previous year | -647.3% |
| 2000 | -26.22 % change on previous year | +319.0% |
| 2001 | 18.22 % change on previous year | -169.5% |
| 2002 | -14.08 % change on previous year | -177.2% |
| 2003 | 44.12 % change on previous year | -413.5% |
| 2004 | 43.96 % change on previous year | -0.4% |
| 2005 | 23.64 % change on previous year | -46.2% |
| 2006 | 50.57 % change on previous year | +113.9% |
| 2007 | -18.59 % change on previous year | -136.8% |
| 2008 | 23.83 % change on previous year | -228.2% |
| 2009 | -9.5 % change on previous year | -139.9% |
| 2010 | -1.46 % change on previous year | -84.7% |
| 2011 | 19.47 % change on previous year | -1437.2% |
| 2012 | 38.97 % change on previous year | +100.2% |
| 2013 | 122.31 % change on previous year | +213.8% |
| 2014 | -4.59 % change on previous year | -103.8% |
| 2015 | -7.77 % change on previous year | +69.4% |
| 2016 | 4.33 % change on previous year | -155.7% |
| 2017 | -17.33 % change on previous year | -500.3% |
| 2018 | 23.59 % change on previous year | -236.1% |
| 2019 | -12.71 % change on previous year | -153.9% |
| 2020 | 0.0957 % change on previous year | -100.8% |
| 2021 | 6.18 % change on previous year | +6356.9% |
| 2022 | -10.47 % change on previous year | -269.4% |
| 2023 | -32.81 % change on previous year | +213.5% |
| 2024 | 1.19 % change on previous year | -103.6% |
Ghana compared with similar countries
- Ghana's 1.19 % change on previous year is below the median for lower middle income countries, which is 11.35 % change on previous year, 10% of the median. (45 countries reporting)
- Ghana's 1.19 % change on previous year is below the median for Sub-Saharan Africa, which is 11.35 % change on previous year, 10% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation (current US$), annual growth rate (current US) 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 |
|---|---|---|---|
| 2021 | +6356.9% | 0.0957 % change on previous year | 6.18 % change on previous year |
| 1996 | +1774.2% | -0.8101 % change on previous year | 13.56 % change on previous year |
| 2011 | +1437.2% | -1.46 % change on previous year | 19.47 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -0.6314 % change on previous year | -34.08 % change on previous year | 24.87 % change on previous year | 9 |
| 1970s | 17.16 % change on previous year | -56.03 % change on previous year | 80.84 % change on previous year | 6 |
| 1980s | 18.86 % change on previous year | -1.39 % change on previous year | 42.07 % change on previous year | 5 |
| 1990s | 10.8 % change on previous year | -21.67 % change on previous year | 61.42 % change on previous year | 10 |
| 2000s | 13.6 % change on previous year | -26.22 % change on previous year | 50.57 % change on previous year | 10 |
| 2010s | 16.48 % change on previous year | -17.33 % change on previous year | 122.31 % change on previous year | 10 |
| 2020s | -7.16 % change on previous year | -32.81 % change on previous year | 6.18 % change on previous year | 5 |
Countries ranked near Ghana
- 136 Cyprus 2.03 % change on previous year compare
- 137 Saudi Arabia 1.66 % change on previous year compare
- 138 Laos 1.39 % change on previous year compare
- 140 Indonesia 0.9695 % change on previous year compare
- 141 China 0.8984 % change on previous year compare
- 142 Venezuela 0.7182 % 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)
- 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 (current us$), annual growth rate in Ghana?
- Gross capital formation (current us$), annual growth rate in Ghana was 1.19 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current us$), annual growth rate recorded in Ghana?
- The highest recorded value was 122.31 % change on previous year in 2013.
- What is the lowest gross capital formation (current us$), annual growth rate recorded in Ghana?
- The lowest recorded value was -56.03 % change on previous year in 1972.
- How does Ghana rank for gross capital formation (current us$), annual growth rate?
- Ghana ranks 139th out of 186 countries with data for 2024.
- Is gross capital formation (current us$), annual growth rate rising or falling in Ghana?
- Over the last ten years it is up 125.9%. 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 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross capital formation (current US$). 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 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.