Gross fixed capital formation, Private sector, Constant prices in Ghana
Ghana: Gross fixed capital formation, Private sector, Constant prices was 16.72 in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Constant prices in Ghana, 1960–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross fixed capital formation, private sector, constant prices in Ghana is 16.72, measured in 2019.
Compared with earlier readings it is down 12.5% on the previous year and up 15.0% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Ghana peaked at 19.6 in 2012 and was at its lowest, 2.83, in 1982.
That places Ghana 82nd out of 173 countries with data for 2019, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, Private sector, Constant prices in Ghana, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 3.42 | — |
| 1961 | 3.55 | +4.0% |
| 1962 | 3.7 | +4.0% |
| 1963 | 3.84 | +4.0% |
| 1964 | 4 | +4.0% |
| 1965 | 4.16 | +4.0% |
| 1966 | 4.32 | +4.0% |
| 1967 | 4.5 | +4.0% |
| 1968 | 4.68 | +4.0% |
| 1969 | 4.86 | +4.0% |
| 1970 | 6.07 | +24.8% |
| 1971 | 6.64 | +9.4% |
| 1972 | 3.31 | -50.2% |
| 1973 | 4.48 | +35.3% |
| 1974 | 6.5 | +45.0% |
| 1975 | 5.54 | -14.8% |
| 1976 | 4.37 | -21.1% |
| 1977 | 6.36 | +45.7% |
| 1978 | 4.98 | -21.7% |
| 1979 | 4.42 | -11.2% |
| 1980 | 4.04 | -8.6% |
| 1981 | 3.68 | -9.0% |
| 1982 | 2.83 | -23.1% |
| 1983 | 2.83 | +0.1% |
| 1984 | 3.24 | +14.3% |
| 1985 | 4.03 | +24.7% |
| 1986 | 3.91 | -3.1% |
| 1987 | 3.85 | -1.5% |
| 1988 | 4.58 | +18.8% |
| 1989 | 5.54 | +21.1% |
| 1990 | 6.19 | +11.6% |
| 1991 | 7.29 | +17.9% |
| 1992 | 5.51 | -24.4% |
| 1993 | 5.37 | -2.5% |
| 1994 | 6.26 | +16.6% |
| 1995 | 5.84 | -6.7% |
| 1996 | 7.21 | +23.5% |
| 1997 | 7.36 | +2.0% |
| 1998 | 7.35 | -0.0% |
| 1999 | 3.98 | -45.9% |
| 2000 | 12.15 | +205.4% |
| 2001 | 11.4 | -6.1% |
| 2002 | 7.35 | -35.5% |
| 2003 | 10.19 | +38.7% |
| 2004 | 12.79 | +25.5% |
| 2005 | 13.43 | +5.0% |
| 2006 | 15.54 | +15.7% |
| 2007 | 17.35 | +11.7% |
| 2008 | 19.58 | +12.9% |
| 2009 | 14.54 | -25.8% |
| 2010 | 11.1 | -23.7% |
| 2011 | 12.84 | +15.7% |
| 2012 | 19.6 | +52.7% |
| 2013 | 14.04 | -28.4% |
| 2014 | 14.01 | -0.2% |
| 2015 | 13.76 | -1.7% |
| 2016 | 15.35 | +11.5% |
| 2017 | 15.88 | +3.5% |
| 2018 | 19.12 | +20.4% |
| 2019 | 16.72 | -12.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.1 | 3.42 | 4.86 | 10 |
| 1970s | 5.27 | 3.31 | 6.64 | 10 |
| 1980s | 3.85 | 2.83 | 5.54 | 10 |
| 1990s | 6.24 | 3.98 | 7.36 | 10 |
| 2000s | 13.43 | 7.35 | 19.58 | 10 |
| 2010s | 15.24 | 11.1 | 19.6 | 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)
- Gross value added at basic prices (GVA) (current US$), annual growth 37.1 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.934 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 3,042 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 21.22 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 11.73 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 38,201 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 5.88 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6389 constant 2015 US$ 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 16.72 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 19.6 in 2012.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Ghana?
- The lowest recorded value was 2.83 in 1982.
- How does Ghana rank for gross fixed capital formation, private sector, constant prices?
- Ghana ranks 82nd 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 up 15.0%. The long-run trend across the full record is volatile.
- 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, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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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.