Gross fixed capital formation, Private sector, Constant prices in Ghana
Ghana: Gross fixed capital formation, Private sector, Constant prices was 9.99 in 2019. ▼ Falling
Latest (2019)
9.99
Change on year
down 17.9%
World rank
133rd
of 173 countries
All-time high
23.62
in 1977
All-time low
7.66
in 1999
Years of data
60
1960–2019
Gross fixed capital formation, Private sector, Constant prices in Ghana, 1960–2019
Source: International Monetary Fund.
Analysis
Ghana recorded 9.99 for gross fixed capital formation, private sector, constant prices in 2019.
The figure is down 17.9% on the previous year and down 40.1% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Ghana peaked at 23.62 in 1977 and was at its lowest, 7.66, in 1999.
Ghana ranks 133rd of 173 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 60 years of available data.
Gross fixed capital formation, Private sector, Constant prices in Ghana, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 17.3 | — |
| 1961 | 17.37 | +0.4% |
| 1962 | 17.23 | -0.8% |
| 1963 | 17.32 | +0.5% |
| 1964 | 17.64 | +1.8% |
| 1965 | 18.1 | +2.6% |
| 1966 | 18.8 | +3.9% |
| 1967 | 19.21 | +2.2% |
| 1968 | 19.7 | +2.6% |
| 1969 | 19.35 | -1.8% |
| 1970 | 22.62 | +16.9% |
| 1971 | 23.44 | +3.6% |
| 1972 | 11.98 | -48.9% |
| 1973 | 15.36 | +28.2% |
| 1974 | 20.85 | +35.7% |
| 1975 | 20.29 | -2.7% |
| 1976 | 16.59 | -18.3% |
| 1977 | 23.62 | +42.4% |
| 1978 | 17.05 | -27.8% |
| 1979 | 15.53 | -9.0% |
| 1980 | 14.12 | -9.0% |
| 1981 | 13.32 | -5.7% |
| 1982 | 11 | -17.4% |
| 1983 | 11.54 | +4.9% |
| 1984 | 12.15 | +5.2% |
| 1985 | 14.41 | +18.7% |
| 1986 | 13.28 | -7.9% |
| 1987 | 12.48 | -6.0% |
| 1988 | 14.04 | +12.5% |
| 1989 | 16.18 | +15.3% |
| 1990 | 17.48 | +8.0% |
| 1991 | 19.57 | +11.9% |
| 1992 | 14.24 | -27.2% |
| 1993 | 13.24 | -7.0% |
| 1994 | 14.95 | +12.9% |
| 1995 | 13.4 | -10.4% |
| 1996 | 15.81 | +18.0% |
| 1997 | 15.48 | -2.1% |
| 1998 | 14.78 | -4.5% |
| 1999 | 7.66 | -48.2% |
| 2000 | 22.44 | +193.1% |
| 2001 | 20.14 | -10.2% |
| 2002 | 12.39 | -38.5% |
| 2003 | 16.33 | +31.8% |
| 2004 | 19.45 | +19.1% |
| 2005 | 19.23 | -1.1% |
| 2006 | 21.28 | +10.7% |
| 2007 | 22.78 | +7.0% |
| 2008 | 23.55 | +3.4% |
| 2009 | 16.68 | -29.2% |
| 2010 | 11.8 | -29.3% |
| 2011 | 11.97 | +1.4% |
| 2012 | 16.72 | +39.7% |
| 2013 | 11.16 | -33.3% |
| 2014 | 10.82 | -3.0% |
| 2015 | 10.4 | -3.8% |
| 2016 | 11.22 | +7.8% |
| 2017 | 10.73 | -4.3% |
| 2018 | 12.16 | +13.3% |
| 2019 | 9.99 | -17.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 18.2 | 17.23 | 19.7 | 10 |
| 1970s | 18.73 | 11.98 | 23.62 | 10 |
| 1980s | 13.25 | 11 | 16.18 | 10 |
| 1990s | 14.66 | 7.66 | 19.57 | 10 |
| 2000s | 19.43 | 12.39 | 23.55 | 10 |
| 2010s | 11.7 | 9.99 | 16.72 | 10 |
Countries ranked near Ghana
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)
- Households and NPISHs Final consumption expenditure (current LCU) 29.71 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 11.78 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 28,507 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 4.47 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.7144 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 1,728 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 0.0397 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.8778 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross fixed capital formation, private sector, constant prices in Ghana?
- Gross fixed capital formation, private sector, constant prices in Ghana was 9.99 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, constant prices recorded in Ghana?
- The highest recorded value was 23.62 in 1977.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Ghana?
- The lowest recorded value was 7.66 in 1999.
- How does Ghana rank for gross fixed capital formation, private sector, constant prices?
- Ghana ranks 133rd out of 173 countries with data for 2019.
- Is gross fixed capital formation, private sector, constant prices rising or falling in Ghana?
- Over the last ten years it is down 40.1%. The long-run trend across the full record is falling.
- Where does this Ghana data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Constant prices, Percent of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.