Gross fixed capital formation (current US$), annual growth rate in Ghana
Ghana: Gross fixed capital formation (current US$), annual growth rate was 2.09 % change on previous year in 2024. ◆ Volatile
Gross fixed capital formation (current US$), annual growth rate in Ghana, 1968–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross fixed capital formation (current us$), annual growth rate in Ghana is 2.09 % change on previous year, measured in 2024.
The figure is up 106.2% on the previous year and up 147.8% over ten years.
Over the whole period, gross fixed capital formation (current us$), annual growth rate in Ghana peaked at 127.22 % change on previous year in 2013 and was at its lowest, -39.11 % change on previous year, in 1972.
That places Ghana 135th out of 179 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current US$), annual growth rate in Ghana, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1968 | 2.31 % change on previous year | — |
| 1969 | 25 % change on previous year | +982.3% |
| 1970 | 35.5 % change on previous year | +42.0% |
| 1971 | 13.16 % change on previous year | -62.9% |
| 1972 | -39.11 % change on previous year | -397.2% |
| 1973 | 25.71 % change on previous year | -165.7% |
| 1974 | 49.77 % change on previous year | +93.6% |
| 1975 | -5.26 % change on previous year | -110.6% |
| 1985 | 41.96 % change on previous year | -898.1% |
| 1986 | 24.21 % change on previous year | -42.3% |
| 1987 | -1.39 % change on previous year | -105.7% |
| 1988 | 11.11 % change on previous year | -901.2% |
| 1989 | 18.27 % change on previous year | +64.4% |
| 1990 | 22.62 % change on previous year | +23.8% |
| 1991 | 23.33 % change on previous year | +3.1% |
| 1992 | -21.79 % change on previous year | -193.4% |
| 1993 | 73.74 % change on previous year | -438.4% |
| 1994 | -13.4 % change on previous year | -118.2% |
| 1995 | 11.1 % change on previous year | -182.8% |
| 1996 | 3.02 % change on previous year | -72.8% |
| 1997 | 16.72 % change on previous year | +452.8% |
| 1998 | 1.87 % change on previous year | -88.8% |
| 1999 | -5.59 % change on previous year | -399.7% |
| 2000 | -27.14 % change on previous year | +385.4% |
| 2001 | 25.25 % change on previous year | -193.0% |
| 2002 | -19.69 % change on previous year | -178.0% |
| 2003 | 51.22 % change on previous year | -360.1% |
| 2004 | 43.96 % change on previous year | -14.2% |
| 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 | -14.75 % change on previous year | -161.9% |
| 2010 | -6.06 % change on previous year | -58.9% |
| 2011 | 24.38 % change on previous year | -502.5% |
| 2012 | 41.12 % change on previous year | +68.7% |
| 2013 | 127.22 % change on previous year | +209.4% |
| 2014 | -4.37 % change on previous year | -103.4% |
| 2015 | -7.57 % change on previous year | +73.3% |
| 2016 | 4.37 % change on previous year | -157.8% |
| 2017 | -18.18 % change on previous year | -515.5% |
| 2018 | 25.02 % change on previous year | -237.7% |
| 2019 | -13.53 % change on previous year | -154.1% |
| 2020 | 0.279 % change on previous year | -102.1% |
| 2021 | 7.74 % change on previous year | +2675.7% |
| 2022 | -10.08 % change on previous year | -230.2% |
| 2023 | -33.65 % change on previous year | +233.7% |
| 2024 | 2.09 % change on previous year | -106.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 13.65 % change on previous year | 2.31 % change on previous year | 25 % change on previous year | 2 |
| 1970s | 13.3 % change on previous year | -39.11 % change on previous year | 49.77 % change on previous year | 6 |
| 1980s | 18.83 % change on previous year | -1.39 % change on previous year | 41.96 % change on previous year | 5 |
| 1990s | 11.16 % change on previous year | -21.79 % change on previous year | 73.74 % change on previous year | 10 |
| 2000s | 13.83 % change on previous year | -27.14 % change on previous year | 51.22 % change on previous year | 10 |
| 2010s | 17.24 % change on previous year | -18.18 % change on previous year | 127.22 % change on previous year | 10 |
| 2020s | -6.72 % change on previous year | -33.65 % change on previous year | 7.74 % change on previous year | 5 |
Countries ranked near Ghana
- 132 Botswana 2.48 % change on previous year compare
- 133 Indonesia 2.19 % change on previous year compare
- 134 Canada 2.16 % change on previous year compare
- 136 Denmark 2.03 % change on previous year compare
- 137 North Macedonia 1.84 % change on previous year compare
- 138 Philippines 1.83 % 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)
- Exports of goods and services (current LCU), annual growth rate 47.01 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 4.98 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 12,044 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 9.05 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3044 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 736.3 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.0974 current US$ per US$ of GDP (2024)
- Gross fixed capital formation (current US$), per capita 235.68 current US$ per person (2024)
Frequently asked questions
- What is gross fixed capital formation (current us$), annual growth rate in Ghana?
- Gross fixed capital formation (current us$), annual growth rate in Ghana was 2.09 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current us$), annual growth rate recorded in Ghana?
- The highest recorded value was 127.22 % change on previous year in 2013.
- What is the lowest gross fixed capital formation (current us$), annual growth rate recorded in Ghana?
- The lowest recorded value was -39.11 % change on previous year in 1972.
- How does Ghana rank for gross fixed capital formation (current us$), annual growth rate?
- Ghana ranks 135th out of 179 countries with data for 2024.
- Is gross fixed capital formation (current us$), annual growth rate rising or falling in Ghana?
- Over the last ten years it is up 147.8%. 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 fixed capital formation (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Offices (NSOs)
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 fixed capital formation (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.