Gross fixed capital formation, Private sector, Current prices in Ghana

Ghana: Gross fixed capital formation, Private sector, Current prices was -4.44 % change on previous year in 2019. ◆ Volatile

Latest (2019)
-4.44 % change on previous year
Change on year
down 111.0%
World rank
154th
of 174 countries
All-time high
167.86 % change on previous year
in 1984
All-time low
-21.34 % change on previous year
in 1972
Years of data
49
1971–2019

Gross fixed capital formation, Private sector, Current prices in Ghana, 1971–2019

050100150197119952019

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

Analysis

The most recent figure for gross fixed capital formation, private sector, current prices in Ghana is -4.44 % change on previous year, measured in 2019.

Compared with earlier readings it is down 111.0% on the previous year and down 134.4% over ten years.

Over the whole period, gross fixed capital formation, private sector, current prices in Ghana peaked at 167.86 % change on previous year in 1984 and was at its lowest, -21.34 % change on previous year, in 1972.

That places Ghana 154th out of 174 countries with data for 2019, putting it in the bottom quarter.

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

Gross fixed capital formation, Private sector, Current prices in Ghana, year by year

Annual values for Gross fixed capital formation, Private sector, Current prices, Domestic currency, annual growth rate in Ghana, 1971 to 2019.
Year % change on previous year Change
1971 14.48 % change on previous year —
1972 -21.34 % change on previous year -247.4%
1973 9.57 % change on previous year -144.9%
1974 107.06 % change on previous year +1018.1%
1975 10.69 % change on previous year -90.0%
1976 4.4 % change on previous year -58.9%
1977 63.69 % change on previous year +1347.7%
1978 29.21 % change on previous year -54.1%
1979 40.09 % change on previous year +37.2%
1980 37.63 % change on previous year -6.1%
1981 31.26 % change on previous year -16.9%
1982 -10.99 % change on previous year -135.2%
1983 126.73 % change on previous year -1253.3%
1984 167.86 % change on previous year +32.5%
1985 76.3 % change on previous year -54.5%
1986 45.31 % change on previous year -40.6%
1987 62.74 % change on previous year +38.5%
1988 47.61 % change on previous year -24.1%
1989 67.4 % change on previous year +41.6%
1990 35.84 % change on previous year -46.8%
1991 29.62 % change on previous year -17.3%
1992 16.1 % change on previous year -45.6%
1993 128.09 % change on previous year +695.5%
1994 24.53 % change on previous year -80.9%
1995 49.64 % change on previous year +102.4%
1996 31.76 % change on previous year -36.0%
1997 46.27 % change on previous year +45.7%
1998 18.1 % change on previous year -60.9%
1999 -4.48 % change on previous year -124.7%
2000 91.07 % change on previous year -2133.5%
2001 57.59 % change on previous year -36.8%
2002 -4.67 % change on previous year -108.1%
2003 60.68 % change on previous year -1398.0%
2004 47.66 % change on previous year -21.4%
2005 25.52 % change on previous year -46.5%
2006 23.34 % change on previous year -8.5%
2007 -19.7 % change on previous year -184.4%
2008 45.5 % change on previous year -330.9%
2009 12.91 % change on previous year -71.6%
2010 -2.36 % change on previous year -118.2%
2011 21.87 % change on previous year -1028.7%
2012 81.62 % change on previous year +273.2%
2013 -5.59 % change on previous year -106.9%
2014 41.38 % change on previous year -839.7%
2015 19.43 % change on previous year -53.1%
2016 9.3 % change on previous year -52.1%
2017 -6.77 % change on previous year -172.9%
2018 40.22 % change on previous year -693.7%
2019 -4.44 % change on previous year -111.0%

Ghana compared with similar countries

  • Ghana's -4.44 % change on previous year is below the median for lower middle income countries, which is 8.41 % change on previous year. (41 countries reporting)
  • Ghana's -4.44 % change on previous year is below the median for Sub-Saharan Africa, which is 9.9 % change on previous year. (47 countries reporting)

Biggest year-on-year movements

Years where Gross fixed capital formation, Private sector, Current prices 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
2000 +2133.5% -4.48 % change on previous year 91.07 % change on previous year
2003 +1398.0% -4.67 % change on previous year 60.68 % change on previous year
1977 +1347.7% 4.4 % change on previous year 63.69 % change on previous year
1983 +1253.3% -10.99 % change on previous year 126.73 % change on previous year
2011 +1028.7% -2.36 % change on previous year 21.87 % change on previous year
1974 +1018.1% 9.57 % change on previous year 107.06 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 28.65 % change on previous year -21.34 % change on previous year 107.06 % change on previous year 9
1980s 65.18 % change on previous year -10.99 % change on previous year 167.86 % change on previous year 10
1990s 37.55 % change on previous year -4.48 % change on previous year 128.09 % change on previous year 10
2000s 33.99 % change on previous year -19.7 % change on previous year 91.07 % change on previous year 10
2010s 19.47 % change on previous year -6.77 % change on previous year 81.62 % change on previous year 10

Countries ranked near Ghana

  1. 151 Jordan -3.19 % change on previous year compare
  2. 152 Brunei -3.87 % change on previous year compare
  3. 153 Albania -4.43 % change on previous year compare
  4. 155 Guinea -4.52 % change on previous year compare
  5. 156 Malta -5.83 % change on previous year compare
  6. 157 Afghanistan -6.75 % change on previous year compare

See the full ranking of 174 places →

More economy & growth data for Ghana

All data for Ghana →

Frequently asked questions

What is gross fixed capital formation, private sector, current prices in Ghana?
Gross fixed capital formation, private sector, current prices in Ghana was -4.44 % change on previous year in 2019, according to Statizoid (derived).
What is the highest gross fixed capital formation, private sector, current prices recorded in Ghana?
The highest recorded value was 167.86 % change on previous year in 1984.
What is the lowest gross fixed capital formation, private sector, current prices recorded in Ghana?
The lowest recorded value was -21.34 % change on previous year in 1972.
How does Ghana rank for gross fixed capital formation, private sector, current prices?
Ghana ranks 154th out of 174 countries with data for 2019.
Is gross fixed capital formation, private sector, current prices rising or falling in Ghana?
Over the last ten years it is down 134.4%. 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, Private sector, Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross fixed capital formation, Private sector, Current prices in Ghana. Statizoid, drawing on Statizoid (derived). Retrieved 03 October 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-private-sector-current-prices-domestic-currency-annual/ghana/

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How this figure is calculated

The year-on-year percentage change in Gross fixed capital formation, Private sector, Current prices, Domestic currency. 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, Private sector, Current prices, Domestic currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
174 places, 7,735 data points, 1961–2019
Last refreshed

The year-on-year percentage change in Gross fixed capital formation, Private sector, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.