Gross Fixed Capital … Deflator Standard Local Currency in Ghana
Ghana: Gross Fixed Capital … Deflator Standard Local Currency was 200.72 SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation Deflator — Value Standard Local in Ghana, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Ghana recorded 200.72 SLC for gross fixed capital formation deflator — value standard local in 2024. That is the highest value across all 55 years on record.
That represents a change of up 18.2% on the previous year and up 144.0% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in Ghana peaked at 200.72 SLC in 2024 and was at its lowest, 0.0004 SLC, in 1970.
That places Ghana 32nd out of 208 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 Fixed Capital … Deflator Standard Local Currency in Ghana, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 0.0004 SLC | — |
| 1971 | 0.0004 SLC | +4.6% |
| 1972 | 0.0006 SLC | +57.8% |
| 1973 | 0.0005 SLC | -19.0% |
| 1974 | 0.0007 SLC | +42.8% |
| 1975 | 0.0009 SLC | +29.9% |
| 1976 | 0.0012 SLC | +32.4% |
| 1977 | 0.0014 SLC | +12.4% |
| 1978 | 0.0023 SLC | +65.0% |
| 1979 | 0.0036 SLC | +57.8% |
| 1980 | 0.0055 SLC | +50.6% |
| 1981 | 0.0079 SLC | +44.2% |
| 1982 | 0.0091 SLC | +15.8% |
| 1983 | 0.0207 SLC | +126.5% |
| 1984 | 0.0485 SLC | +134.3% |
| 1985 | 0.0685 SLC | +41.4% |
| 1986 | 0.1028 SLC | +49.9% |
| 1987 | 0.1698 SLC | +65.3% |
| 1988 | 0.211 SLC | +24.2% |
| 1989 | 0.2915 SLC | +38.2% |
| 1990 | 0.3547 SLC | +21.7% |
| 1991 | 0.3902 SLC | +10.0% |
| 1992 | 0.5993 SLC | +53.6% |
| 1993 | 1.4 SLC | +133.9% |
| 1994 | 1.5 SLC | +6.8% |
| 1995 | 2.4 SLC | +60.5% |
| 1996 | 2.57 SLC | +6.7% |
| 1997 | 3.68 SLC | +43.4% |
| 1998 | 4.35 SLC | +18.1% |
| 1999 | 7.68 SLC | +76.6% |
| 2000 | 4.8 SLC | -37.4% |
| 2001 | 8.06 SLC | +67.9% |
| 2002 | 11.92 SLC | +47.9% |
| 2003 | 13.81 SLC | +15.8% |
| 2004 | 16.26 SLC | +17.7% |
| 2005 | 19.44 SLC | +19.5% |
| 2006 | 20.72 SLC | +6.6% |
| 2007 | 14.9 SLC | -28.1% |
| 2008 | 19.2 SLC | +28.9% |
| 2009 | 29.21 SLC | +52.1% |
| 2010 | 37.36 SLC | +27.9% |
| 2011 | 39.36 SLC | +5.3% |
| 2012 | 46.83 SLC | +19.0% |
| 2013 | 61.71 SLC | +31.8% |
| 2014 | 82.27 SLC | +33.3% |
| 2015 | 100 SLC | +21.5% |
| 2016 | 97.98 SLC | -2.0% |
| 2017 | 88.3 SLC | -9.9% |
| 2018 | 102.85 SLC | +16.5% |
| 2019 | 112.38 SLC | +9.3% |
| 2020 | 118.84 SLC | +5.8% |
| 2021 | 123.25 SLC | +3.7% |
| 2022 | 151.5 SLC | +22.9% |
| 2023 | 169.88 SLC | +12.1% |
| 2024 | 200.72 SLC | +18.2% |
Ghana compared with similar countries
- Ghana's 200.72 SLC is above the median for lower middle income countries, which is 147.28 SLC, 1.4× the median. (41 countries reporting)
- Ghana's 200.72 SLC is above the median for Sub-Saharan Africa, which is 148.12 SLC, 1.4× the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0012 SLC | 0.0004 SLC | 0.0036 SLC | 10 |
| 1980s | 0.0935 SLC | 0.0055 SLC | 0.2915 SLC | 10 |
| 1990s | 2.49 SLC | 0.3547 SLC | 7.68 SLC | 10 |
| 2000s | 15.83 SLC | 4.8 SLC | 29.21 SLC | 10 |
| 2010s | 76.9 SLC | 37.36 SLC | 112.38 SLC | 10 |
| 2020s | 152.84 SLC | 118.84 SLC | 200.72 SLC | 5 |
Countries ranked near Ghana
More economy & growth data for Ghana
- Real gdp growth, annual growth rate 86.92 % change on previous year (2024)
- 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)
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 200.72 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value standard local recorded in Ghana?
- The highest recorded value was 200.72 SLC in 2024.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in Ghana?
- The lowest recorded value was 0.0004 SLC in 1970.
- How does Ghana rank for gross fixed capital formation deflator — value standard local?
- Ghana ranks 32nd 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 up 144.0%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).