Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Ghana
Ghana: Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) was 16,232 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in Ghana, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross fixed capital formation — value us$, 2015 prices in Ghana stood at 16,232 million USD.
The figure is up 13.8% on the previous year and up 18.3% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in Ghana peaked at 18,811 million USD in 2008 and was at its lowest, 2,618 million USD, in 1982.
That places Ghana 85th out of 235 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Ghana, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 5,623 million USD | — |
| 1971 | 6,154 million USD | +9.4% |
| 1972 | 3,067 million USD | -50.2% |
| 1973 | 4,148 million USD | +35.3% |
| 1974 | 6,017 million USD | +45.0% |
| 1975 | 5,127 million USD | -14.8% |
| 1976 | 4,044 million USD | -21.1% |
| 1977 | 5,891 million USD | +45.7% |
| 1978 | 4,613 million USD | -21.7% |
| 1979 | 4,094 million USD | -11.2% |
| 1980 | 3,742 million USD | -8.6% |
| 1981 | 3,406 million USD | -9.0% |
| 1982 | 2,618 million USD | -23.1% |
| 1983 | 2,621 million USD | +0.1% |
| 1984 | 2,997 million USD | +14.3% |
| 1985 | 3,737 million USD | +24.7% |
| 1986 | 3,623 million USD | -3.1% |
| 1987 | 3,567 million USD | -1.5% |
| 1988 | 4,239 million USD | +18.8% |
| 1989 | 5,135 million USD | +21.1% |
| 1990 | 5,472 million USD | +6.6% |
| 1991 | 6,556 million USD | +19.8% |
| 1992 | 5,049 million USD | -23.0% |
| 1993 | 5,150 million USD | +2.0% |
| 1994 | 6,145 million USD | +19.3% |
| 1995 | 5,625 million USD | -8.5% |
| 1996 | 7,033 million USD | +25.0% |
| 1997 | 7,174 million USD | +2.0% |
| 1998 | 6,978 million USD | -2.7% |
| 1999 | 4,818 million USD | -31.0% |
| 2000 | 11,466 million USD | +138.0% |
| 2001 | 11,243 million USD | -1.9% |
| 2002 | 6,754 million USD | -39.9% |
| 2003 | 9,644 million USD | +42.8% |
| 2004 | 12,242 million USD | +26.9% |
| 2005 | 12,741 million USD | +4.1% |
| 2006 | 15,045 million USD | +18.1% |
| 2007 | 17,359 million USD | +15.4% |
| 2008 | 18,811 million USD | +8.4% |
| 2009 | 14,079 million USD | -25.2% |
| 2010 | 10,523 million USD | -25.3% |
| 2011 | 13,213 million USD | +25.6% |
| 2012 | 18,809 million USD | +42.4% |
| 2013 | 13,053 million USD | -30.6% |
| 2014 | 13,720 million USD | +5.1% |
| 2015 | 13,346 million USD | -2.7% |
| 2016 | 14,978 million USD | +12.2% |
| 2017 | 15,132 million USD | +1.0% |
| 2018 | 17,123 million USD | +13.2% |
| 2019 | 15,407 million USD | -10.0% |
| 2020 | 15,680 million USD | +1.8% |
| 2021 | 16,896 million USD | +7.8% |
| 2022 | 16,722 million USD | -1.0% |
| 2023 | 14,260 million USD | -14.7% |
| 2024 | 16,232 million USD | +13.8% |
Ghana compared with similar countries
- Ghana's 16,232 million USD is above the median for lower middle income countries, which is 5,259 million USD, 3.1× the median. (44 countries reporting)
- Ghana's 16,232 million USD is above the median for Sub-Saharan Africa, which is 3,315 million USD, 4.9× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Ghana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +138.0% | 4,818 million USD | 11,466 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4,878 million USD | 3,067 million USD | 6,154 million USD | 10 |
| 1980s | 3,568 million USD | 2,618 million USD | 5,135 million USD | 10 |
| 1990s | 6,000 million USD | 4,818 million USD | 7,174 million USD | 10 |
| 2000s | 12,938 million USD | 6,754 million USD | 18,811 million USD | 10 |
| 2010s | 14,530 million USD | 10,523 million USD | 18,809 million USD | 10 |
| 2020s | 15,958 million USD | 14,260 million USD | 16,896 million USD | 5 |
Countries ranked near Ghana
More economy & growth data for Ghana
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.15 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 457.43 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.374 units per person (2025)
- SDRs holdings, SDR, annual growth rate 430.83 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.2731 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in Ghana?
- Gross fixed capital formation — value us$, 2015 prices in Ghana was 16,232 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Ghana?
- The highest recorded value was 18,811 million USD in 2008.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Ghana?
- The lowest recorded value was 2,618 million USD in 1982.
- How does Ghana rank for gross fixed capital formation — value us$, 2015 prices?
- Ghana ranks 85th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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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).