Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Ghana
Ghana: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 60,298 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Ghana, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross fixed capital formation — value standard local currency, 2015 in Ghana stood at 60,298 million SLC.
That represents a change of up 13.8% on the previous year and up 18.3% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Ghana peaked at 69,878 million SLC in 2008 and was at its lowest, 9,726 million SLC, in 1982.
Ghana ranks 108th of 194 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 — Value Standard Local Currency, 2015 in Ghana, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 20,888 million SLC | — |
| 1971 | 22,859 million SLC | +9.4% |
| 1972 | 11,392 million SLC | -50.2% |
| 1973 | 15,409 million SLC | +35.3% |
| 1974 | 22,350 million SLC | +45.0% |
| 1975 | 19,046 million SLC | -14.8% |
| 1976 | 15,020 million SLC | -21.1% |
| 1977 | 21,882 million SLC | +45.7% |
| 1978 | 17,134 million SLC | -21.7% |
| 1979 | 15,208 million SLC | -11.2% |
| 1980 | 13,899 million SLC | -8.6% |
| 1981 | 12,652 million SLC | -9.0% |
| 1982 | 9,726 million SLC | -23.1% |
| 1983 | 9,737 million SLC | +0.1% |
| 1984 | 11,134 million SLC | +14.3% |
| 1985 | 13,882 million SLC | +24.7% |
| 1986 | 13,457 million SLC | -3.1% |
| 1987 | 13,250 million SLC | -1.5% |
| 1988 | 15,745 million SLC | +18.8% |
| 1989 | 19,073 million SLC | +21.1% |
| 1990 | 20,328 million SLC | +6.6% |
| 1991 | 24,354 million SLC | +19.8% |
| 1992 | 18,754 million SLC | -23.0% |
| 1993 | 19,129 million SLC | +2.0% |
| 1994 | 22,828 million SLC | +19.3% |
| 1995 | 20,894 million SLC | -8.5% |
| 1996 | 26,125 million SLC | +25.0% |
| 1997 | 26,650 million SLC | +2.0% |
| 1998 | 25,920 million SLC | -2.7% |
| 1999 | 17,897 million SLC | -31.0% |
| 2000 | 42,591 million SLC | +138.0% |
| 2001 | 41,763 million SLC | -1.9% |
| 2002 | 25,088 million SLC | -39.9% |
| 2003 | 35,825 million SLC | +42.8% |
| 2004 | 45,474 million SLC | +26.9% |
| 2005 | 47,329 million SLC | +4.1% |
| 2006 | 55,886 million SLC | +18.1% |
| 2007 | 64,481 million SLC | +15.4% |
| 2008 | 69,878 million SLC | +8.4% |
| 2009 | 52,297 million SLC | -25.2% |
| 2010 | 39,089 million SLC | -25.3% |
| 2011 | 49,081 million SLC | +25.6% |
| 2012 | 69,867 million SLC | +42.4% |
| 2013 | 48,487 million SLC | -30.6% |
| 2014 | 50,964 million SLC | +5.1% |
| 2015 | 49,575 million SLC | -2.7% |
| 2016 | 55,640 million SLC | +12.2% |
| 2017 | 56,212 million SLC | +1.0% |
| 2018 | 63,606 million SLC | +13.2% |
| 2019 | 57,231 million SLC | -10.0% |
| 2020 | 58,244 million SLC | +1.8% |
| 2021 | 62,761 million SLC | +7.8% |
| 2022 | 62,116 million SLC | -1.0% |
| 2023 | 52,972 million SLC | -14.7% |
| 2024 | 60,298 million SLC | +13.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18,119 million SLC | 11,392 million SLC | 22,859 million SLC | 10 |
| 1980s | 13,255 million SLC | 9,726 million SLC | 19,073 million SLC | 10 |
| 1990s | 22,288 million SLC | 17,897 million SLC | 26,650 million SLC | 10 |
| 2000s | 48,061 million SLC | 25,088 million SLC | 69,878 million SLC | 10 |
| 2010s | 53,975 million SLC | 39,089 million SLC | 69,867 million SLC | 10 |
| 2020s | 59,278 million SLC | 52,972 million SLC | 62,761 million SLC | 5 |
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 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)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 2,081 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 5.88 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 1.75 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, 2015 in Ghana?
- Gross fixed capital formation — value standard local currency, 2015 in Ghana was 60,298 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Ghana?
- The highest recorded value was 69,878 million SLC in 2008.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Ghana?
- The lowest recorded value was 9,726 million SLC in 1982.
- How does Ghana rank for gross fixed capital formation — value standard local currency, 2015?
- Ghana ranks 108th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Ghana?
- Over the last ten years it is up 18.3%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).