Gross fixed capital formation, Private sector, Current prices in Ghana
Ghana: Gross fixed capital formation, Private sector, Current prices was 62.29 in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Current prices in Ghana, 1970–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross fixed capital formation, private sector, current prices in Ghana is 62.29, measured in 2019.
Compared with earlier readings it is down 4.4% on the previous year and up 370.4% over ten years.
Over the whole period, gross fixed capital formation, private sector, current prices in Ghana peaked at 65.19 in 2018 and was at its lowest, 0.0001, in 1972.
Ghana ranks 110th of 174 countries on this measure, 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, Current prices in Ghana, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 0.0001 | — |
| 1971 | 0.0001 | +14.5% |
| 1972 | 0.0001 | -21.3% |
| 1973 | 0.0001 | +9.6% |
| 1974 | 0.0001 | +107.1% |
| 1975 | 0.0002 | +10.7% |
| 1976 | 0.0002 | +4.4% |
| 1977 | 0.0003 | +63.7% |
| 1978 | 0.0004 | +29.2% |
| 1979 | 0.0005 | +40.1% |
| 1980 | 0.0007 | +37.6% |
| 1981 | 0.0009 | +31.3% |
| 1982 | 0.0008 | -11.0% |
| 1983 | 0.0018 | +126.7% |
| 1984 | 0.0049 | +167.9% |
| 1985 | 0.0086 | +76.3% |
| 1986 | 0.0125 | +45.3% |
| 1987 | 0.0204 | +62.7% |
| 1988 | 0.0301 | +47.6% |
| 1989 | 0.0504 | +67.4% |
| 1990 | 0.0685 | +35.8% |
| 1991 | 0.0888 | +29.6% |
| 1992 | 0.103 | +16.1% |
| 1993 | 0.235 | +128.1% |
| 1994 | 0.2927 | +24.5% |
| 1995 | 0.4379 | +49.6% |
| 1996 | 0.5771 | +31.8% |
| 1997 | 0.844 | +46.3% |
| 1998 | 0.9969 | +18.1% |
| 1999 | 0.9522 | -4.5% |
| 2000 | 1.82 | +91.1% |
| 2001 | 2.87 | +57.6% |
| 2002 | 2.73 | -4.7% |
| 2003 | 4.39 | +60.7% |
| 2004 | 6.48 | +47.7% |
| 2005 | 8.14 | +25.5% |
| 2006 | 10.04 | +23.3% |
| 2007 | 8.06 | -19.7% |
| 2008 | 11.73 | +45.5% |
| 2009 | 13.24 | +12.9% |
| 2010 | 12.93 | -2.4% |
| 2011 | 15.76 | +21.9% |
| 2012 | 28.62 | +81.6% |
| 2013 | 27.02 | -5.6% |
| 2014 | 38.2 | +41.4% |
| 2015 | 45.63 | +19.4% |
| 2016 | 49.87 | +9.3% |
| 2017 | 46.49 | -6.8% |
| 2018 | 65.19 | +40.2% |
| 2019 | 62.29 | -4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0002 | 0.0001 | 0.0005 | 10 |
| 1980s | 0.0131 | 0.0007 | 0.0504 | 10 |
| 1990s | 0.4596 | 0.0685 | 0.9969 | 10 |
| 2000s | 6.95 | 1.82 | 13.24 | 10 |
| 2010s | 39.2 | 12.93 | 65.19 | 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)
- Manufacturing, value added (constant LCU), per capita 649.98 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 37.37 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2925 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 952.81 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 21.47 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 3.67 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 11,964 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 2.3 % change on previous year (2025)
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 62.29 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, current prices recorded in Ghana?
- The highest recorded value was 65.19 in 2018.
- What is the lowest gross fixed capital formation, private sector, current prices recorded in Ghana?
- The lowest recorded value was 0.0001 in 1972.
- How does Ghana rank for gross fixed capital formation, private sector, current prices?
- Ghana ranks 110th 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 up 370.4%. 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, Current prices, Domestic currency. 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.