Gross Fixed Capital Formation — Value Standard Local Currency, annual in Ghana
Ghana: Gross Fixed Capital Formation — Value Standard Local Currency, annual was 34.5 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, annual in Ghana, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Ghana recorded 34.5 % change on previous year for gross fixed capital formation — value standard local currency, annual in 2024.
Compared with earlier readings it is up 888.2% on the previous year and down 14.0% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, annual 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 15th out of 230 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency, annual in Ghana, year by year
| 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 | +1347.8% |
| 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 | 29.69 % change on previous year | -56.0% |
| 1991 | 31.77 % change on previous year | +7.0% |
| 1992 | 18.29 % change on previous year | -42.4% |
| 1993 | 138.62 % change on previous year | +657.9% |
| 1994 | 27.48 % change on previous year | -80.2% |
| 1995 | 46.87 % change on previous year | +70.5% |
| 1996 | 33.45 % change on previous year | -28.6% |
| 1997 | 46.28 % change on previous year | +38.4% |
| 1998 | 14.91 % change on previous year | -67.8% |
| 1999 | 21.95 % change on previous year | +47.2% |
| 2000 | 48.9 % change on previous year | +122.8% |
| 2001 | 64.64 % change on previous year | +32.2% |
| 2002 | -11.16 % change on previous year | -117.3% |
| 2003 | 65.41 % change on previous year | -686.3% |
| 2004 | 49.4 % change on previous year | -24.5% |
| 2005 | 24.43 % change on previous year | -50.6% |
| 2006 | 25.86 % change on previous year | +5.9% |
| 2007 | -17.04 % change on previous year | -165.9% |
| 2008 | 39.72 % change on previous year | -333.1% |
| 2009 | 13.82 % change on previous year | -65.2% |
| 2010 | -4.39 % change on previous year | -131.7% |
| 2011 | 32.27 % change on previous year | -835.7% |
| 2012 | 69.36 % change on previous year | +114.9% |
| 2013 | -8.54 % change on previous year | -112.3% |
| 2014 | 40.12 % change on previous year | -570.0% |
| 2015 | 18.24 % change on previous year | -54.5% |
| 2016 | 9.97 % change on previous year | -45.3% |
| 2017 | -8.96 % change on previous year | -189.9% |
| 2018 | 31.8 % change on previous year | -455.0% |
| 2019 | -1.69 % change on previous year | -105.3% |
| 2020 | 7.63 % change on previous year | -552.1% |
| 2021 | 11.75 % change on previous year | +54.0% |
| 2022 | 21.66 % change on previous year | +84.4% |
| 2023 | -4.38 % change on previous year | -120.2% |
| 2024 | 34.5 % change on previous year | -888.2% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, annual 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 |
|---|---|---|---|
| 1977 | +1347.8% | 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 |
| 1974 | +1018.1% | 9.57 % change on previous year | 107.06 % change on previous year |
| 2024 | +888.2% | -4.38 % change on previous year | 34.5 % change on previous year |
| 2011 | +835.7% | -4.39 % change on previous year | 32.27 % change on previous year |
| 2003 | +686.3% | -11.16 % change on previous year | 65.41 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | 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 | 40.93 % change on previous year | 14.91 % change on previous year | 138.62 % change on previous year | 10 |
| 2000s | 30.4 % change on previous year | -17.04 % change on previous year | 65.41 % change on previous year | 10 |
| 2010s | 17.82 % change on previous year | -8.96 % change on previous year | 69.36 % change on previous year | 10 |
| 2020s | 14.23 % change on previous year | -4.38 % change on previous year | 34.5 % change on previous year | 5 |
Countries ranked near Ghana
- 12 USSR 37.94 % change on previous year compare
- 13 Iran (Islamic Republic of) 37.9 % change on previous year compare
- 14 Angola 37.5 % change on previous year compare
- 16 Madagascar 27.7 % change on previous year compare
- 17 Democratic Republic of the Congo 27.32 % change on previous year compare
- 18 Ethiopia 24.57 % change on previous year compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 38.84 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0003 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1.11 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.91 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 8.08 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0167 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 54.42 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 23.42 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, annual in Ghana?
- Gross fixed capital formation — value standard local currency, annual in Ghana was 34.5 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, annual recorded in Ghana?
- The highest recorded value was 167.86 % change on previous year in 1984.
- What is the lowest gross fixed capital formation — value standard local currency, annual 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 — value standard local currency, annual?
- Ghana ranks 15th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, annual rising or falling in Ghana?
- Over the last ten years it is down 14.0%. 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 — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.