Gross fixed capital formation in Ghana
Ghana: Gross fixed capital formation was 8.11 billion current US$ in 2024. ◆ Volatile
Gross fixed capital formation in Ghana, 1967–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, gross fixed capital formation in Ghana stood at 8.11 billion current US$.
The figure is up 2.1% on the previous year and down 43.8% over ten years.
Over the whole period, gross fixed capital formation in Ghana peaked at 15.11 billion current US$ in 2013 and was at its lowest, 153.34 million current US$, in 1967.
Ghana ranks 101st of 179 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 168.78 million current US$ | 153.34 million current US$ | 196.11 million current US$ | 3 |
| 1970s | 275.16 million current US$ | 183.09 million current US$ | 344.72 million current US$ | 6 |
| 1980s | 510.95 million current US$ | 302.37 million current US$ | 690.94 million current US$ | 6 |
| 1990s | 1.30 billion current US$ | 817.15 million current US$ | 1.67 billion current US$ | 10 |
| 2000s | 2.84 billion current US$ | 1.15 billion current US$ | 4.73 billion current US$ | 10 |
| 2010s | 11.00 billion current US$ | 3.79 billion current US$ | 15.11 billion current US$ | 10 |
| 2020s | 10.75 billion current US$ | 7.95 billion current US$ | 13.32 billion current US$ | 5 |
Countries ranked near Ghana
More economy & growth data for Ghana
- External balance on goods and services as a percent of GDP 1.1% (2024)
- Inflation of consumer prices 14.2% (2025)
- GDP per capita 2,261 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 10.1% (2025)
- Gross domestic product (GDP) 79.27 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 2,261 constant 2015 US$ (2025)
- DEC alternative conversion factor 12.56 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 12.07 billion current LCU (2017)
- Net secondary income (Net current transfers from abroad) 2.77 billion current US$ (2017)
- Taxes less subsidies on products 94.62 billion current LCU (2025)
Frequently asked questions
- What is gross fixed capital formation in Ghana?
- Gross fixed capital formation in Ghana was 8.11 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Ghana?
- The highest recorded value was 15.11 billion current US$ in 2013.
- What is the lowest gross fixed capital formation recorded in Ghana?
- The lowest recorded value was 153.34 million current US$ in 1967.
- How does Ghana rank for gross fixed capital formation?
- Ghana ranks 101st out of 179 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Ghana?
- Over the last ten years it is down 43.8%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross fixed capital formation (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.