Gross fixed capital formation, Private sector … Private Percent in Ghana
Ghana: Gross fixed capital formation, Private sector … Private Percent was 9.99 in 2019. ▼ Falling
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 … Private Percent 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% |
Ghana compared with similar countries
- Ghana's 9.99 is below the median for lower middle income countries, which is 12.64, 79% of the median. (41 countries reporting)
- Ghana's 9.99 is below the median for Sub-Saharan Africa, which is 10.65, 94% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, Private sector … Private Percent 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.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +193.1% | 7.66 | 22.44 |
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
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.