Gross Fixed Capital Formation Deflator — Value Standard Local in Ghana

Ghana: Gross Fixed Capital Formation Deflator — Value Standard Local was 18.16 % change on previous year in 2024. ◆ Volatile

Latest (2024)
18.16 % change on previous year
Change on year
up 49.7%
World rank
13th
of 208 countries
All-time high
134.26 % change on previous year
in 1984
All-time low
-37.43 % change on previous year
in 2000
Years of data
54
1971–2024

Gross Fixed Capital Formation Deflator — Value Standard Local in Ghana, 1971–2024

-50050100150197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross fixed capital formation deflator — value standard local in Ghana is 18.16 % change on previous year, measured in 2024.

The figure is up 49.7% on the previous year and down 45.5% over ten years.

Over the whole period, gross fixed capital formation deflator — value standard local in Ghana peaked at 134.26 % change on previous year in 1984 and was at its lowest, -37.43 % change on previous year, in 2000.

Ghana ranks 13th of 208 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Fixed Capital Formation Deflator — Value Standard Local in Ghana, year by year

Annual values for Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices, annual growth rate in Ghana, 1971 to 2024.
Year % change on previous year Change
1971 4.61 % change on previous year
1972 57.84 % change on previous year +1154.2%
1973 -18.99 % change on previous year -132.8%
1974 42.75 % change on previous year -325.1%
1975 29.89 % change on previous year -30.1%
1976 32.38 % change on previous year +8.3%
1977 12.36 % change on previous year -61.8%
1978 65.02 % change on previous year +426.1%
1979 57.83 % change on previous year -11.1%
1980 50.59 % change on previous year -12.5%
1981 44.19 % change on previous year -12.7%
1982 15.8 % change on previous year -64.3%
1983 126.47 % change on previous year +700.7%
1984 134.26 % change on previous year +6.2%
1985 41.4 % change on previous year -69.2%
1986 49.9 % change on previous year +20.5%
1987 65.27 % change on previous year +30.8%
1988 24.22 % change on previous year -62.9%
1989 38.19 % change on previous year +57.7%
1990 21.68 % change on previous year -43.2%
1991 9.99 % change on previous year -53.9%
1992 53.61 % change on previous year +436.6%
1993 133.94 % change on previous year +149.8%
1994 6.83 % change on previous year -94.9%
1995 60.46 % change on previous year +785.6%
1996 6.73 % change on previous year -88.9%
1997 43.4 % change on previous year +545.0%
1998 18.15 % change on previous year -58.2%
1999 76.62 % change on previous year +322.2%
2000 -37.43 % change on previous year -148.9%
2001 67.91 % change on previous year -281.4%
2002 47.89 % change on previous year -29.5%
2003 15.84 % change on previous year -66.9%
2004 17.7 % change on previous year +11.7%
2005 19.55 % change on previous year +10.5%
2006 6.59 % change on previous year -66.3%
2007 -28.1 % change on previous year -526.4%
2008 28.93 % change on previous year -203.0%
2009 52.08 % change on previous year +80.1%
2010 27.92 % change on previous year -46.4%
2011 5.34 % change on previous year -80.9%
2012 18.97 % change on previous year +255.2%
2013 31.79 % change on previous year +67.6%
2014 33.31 % change on previous year +4.8%
2015 21.55 % change on previous year -35.3%
2016 -2.02 % change on previous year -109.4%
2017 -9.89 % change on previous year +389.9%
2018 16.48 % change on previous year -266.7%
2019 9.26 % change on previous year -43.8%
2020 5.75 % change on previous year -37.9%
2021 3.7 % change on previous year -35.6%
2022 22.92 % change on previous year +518.9%
2023 12.13 % change on previous year -47.1%
2024 18.16 % change on previous year +49.7%

Biggest year-on-year movements

Years where Gross Fixed Capital Formation Deflator — Value Standard Local 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.

YearChange FromTo
1972 +1154.2% 4.61 % change on previous year 57.84 % change on previous year
1995 +785.6% 6.83 % change on previous year 60.46 % change on previous year
1983 +700.7% 15.8 % change on previous year 126.47 % change on previous year
1997 +545.0% 6.73 % change on previous year 43.4 % change on previous year
2022 +518.9% 3.7 % change on previous year 22.92 % change on previous year
2007 -526.4% 6.59 % change on previous year -28.1 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 31.52 % change on previous year -18.99 % change on previous year 65.02 % change on previous year 9
1980s 59.03 % change on previous year 15.8 % change on previous year 134.26 % change on previous year 10
1990s 43.14 % change on previous year 6.73 % change on previous year 133.94 % change on previous year 10
2000s 19.1 % change on previous year -37.43 % change on previous year 67.91 % change on previous year 10
2010s 15.27 % change on previous year -9.89 % change on previous year 33.31 % change on previous year 10
2020s 12.53 % change on previous year 3.7 % change on previous year 22.92 % change on previous year 5

Countries ranked near Ghana

  1. 10 Haiti 34.32 % change on previous year compare
  2. 11 Angola 28.24 % change on previous year compare
  3. 12 Pakistan 19 % change on previous year compare
  4. 14 Ethiopia 16.2 % change on previous year compare
  5. 15 Egypt 13.26 % change on previous year compare
  6. 16 Kenya 11.56 % change on previous year compare

See the full ranking of 209 places →

More economy & growth data for Ghana

All data for Ghana →

Frequently asked questions

What is gross fixed capital formation deflator — value standard local in Ghana?
Gross fixed capital formation deflator — value standard local in Ghana was 18.16 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation deflator — value standard local recorded in Ghana?
The highest recorded value was 134.26 % change on previous year in 1984.
What is the lowest gross fixed capital formation deflator — value standard local recorded in Ghana?
The lowest recorded value was -37.43 % change on previous year in 2000.
How does Ghana rank for gross fixed capital formation deflator — value standard local?
Ghana ranks 13th out of 208 countries with data for 2024.
Is gross fixed capital formation deflator — value standard local rising or falling in Ghana?
Over the last ten years it is down 45.5%. 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 Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation Deflator — Value Standard Local in Ghana. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-deflator-value-standard-local-currency-2015-prices-annual/ghana/

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<a href="https://economy.statizoid.com/stat/gross-fixed-capital-formation-deflator-value-standard-local-currency-2015-prices-annual/ghana/">Gross Fixed Capital Formation Deflator — Value Standard Local in Ghana</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
209 places, 10,510 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.