Gross Fixed Capital Formation — Value US$, annual growth rate in Ghana

Ghana: Gross Fixed Capital Formation — Value US$, annual growth rate was 2.43 % change on previous year in 2024. ◆ Volatile

Latest (2024)
2.43 % change on previous year
Change on year
up 108.6%
World rank
158th
of 235 countries
All-time high
105.1 % change on previous year
in 1984
All-time low
-38.95 % change on previous year
in 1972
Years of data
54
1971–2024

Gross Fixed Capital Formation — Value US$, annual growth rate in Ghana, 1971–2024

-50050100197119972024

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

Analysis

Ghana recorded 2.43 % change on previous year for gross fixed capital formation — value us$, annual growth rate in 2024.

That represents a change of up 108.6% on the previous year and up 158.4% over ten years.

Over the whole period, gross fixed capital formation — value us$, annual growth rate in Ghana peaked at 105.1 % change on previous year in 1984 and was at its lowest, -38.95 % change on previous year, in 1972.

That places Ghana 158th 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$, annual growth rate in Ghana, year by year

Annual values for Gross Fixed Capital Formation — Value US$, annual growth rate in Ghana, 1971 to 2024.
Year % change on previous year Change
1971 12.88 % change on previous year
1972 -38.95 % change on previous year -402.4%
1973 -17.71 % change on previous year -54.5%
1974 81.18 % change on previous year -558.5%
1975 -6.58 % change on previous year -108.1%
1976 -13.98 % change on previous year +112.7%
1977 3.95 % change on previous year -128.2%
1978 -20.2 % change on previous year -611.5%
1979 9.98 % change on previous year -149.4%
1980 -0.7175 % change on previous year -107.2%
1981 -18.18 % change on previous year +2434.5%
1982 -26.1 % change on previous year +43.5%
1983 5.62 % change on previous year -121.5%
1984 105.1 % change on previous year +1768.9%
1985 50.73 % change on previous year -51.7%
1986 4.62 % change on previous year -90.9%
1987 19.81 % change on previous year +328.6%
1988 14.55 % change on previous year -26.5%
1989 25.45 % change on previous year +74.9%
1990 7.3 % change on previous year -71.3%
1991 16.91 % change on previous year +131.6%
1992 -0.4527 % change on previous year -102.7%
1993 60.69 % change on previous year -13506.2%
1994 -13.47 % change on previous year -122.2%
1995 17.05 % change on previous year -226.6%
1996 -2.15 % change on previous year -112.6%
1997 16.81 % change on previous year -880.6%
1998 1.8 % change on previous year -89.3%
1999 5.72 % change on previous year +218.0%
2000 -27.14 % change on previous year -574.1%
2001 25.25 % change on previous year -193.0%
2002 -19.69 % change on previous year -178.0%
2003 51.22 % change on previous year -360.1%
2004 43.96 % change on previous year -14.2%
2005 23.64 % change on previous year -46.2%
2006 24.5 % change on previous year +3.6%
2007 -18.59 % change on previous year -175.9%
2008 23.83 % change on previous year -228.2%
2009 -14.75 % change on previous year -161.9%
2010 -6.06 % change on previous year -58.9%
2011 24.38 % change on previous year -502.5%
2012 41.12 % change on previous year +68.6%
2013 -15.76 % change on previous year -138.3%
2014 -4.15 % change on previous year -73.7%
2015 -7.8 % change on previous year +87.9%
2016 4.48 % change on previous year -157.4%
2017 -18.18 % change on previous year -506.0%
2018 25.05 % change on previous year -237.8%
2019 -13.6 % change on previous year -154.3%
2020 0.3505 % change on previous year -102.6%
2021 7.7 % change on previous year +2098.5%
2022 -14.62 % change on previous year -289.7%
2023 -28.22 % change on previous year +93.1%
2024 2.43 % change on previous year -108.6%

Biggest year-on-year movements

Years where Gross Fixed Capital Formation — Value US$, annual growth rate 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
1993 +13506.2% -0.4527 % change on previous year 60.69 % change on previous year
1981 -2434.5% -0.7175 % change on previous year -18.18 % change on previous year
2021 +2098.5% 0.3505 % change on previous year 7.7 % change on previous year
1984 +1768.9% 5.62 % change on previous year 105.1 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.18 % change on previous year -38.95 % change on previous year 81.18 % change on previous year 9
1980s 18.09 % change on previous year -26.1 % change on previous year 105.1 % change on previous year 10
1990s 11.02 % change on previous year -13.47 % change on previous year 60.69 % change on previous year 10
2000s 11.22 % change on previous year -27.14 % change on previous year 51.22 % change on previous year 10
2010s 2.95 % change on previous year -18.18 % change on previous year 41.12 % change on previous year 10
2020s -6.47 % change on previous year -28.22 % change on previous year 7.7 % change on previous year 5

Countries ranked near Ghana

  1. 156 Cyprus 2.56 % change on previous year compare
  2. 157 Aruba 2.46 % change on previous year compare
  3. 159 Montserrat 2.42 % change on previous year compare
  4. 160 Canada 2.26 % change on previous year compare
  5. 161 South Africa 2.22 % change on previous year compare

See the full ranking of 265 places →

More economy & growth data for Ghana

All data for Ghana →

Frequently asked questions

What is gross fixed capital formation — value us$, annual growth rate in Ghana?
Gross fixed capital formation — value us$, annual growth rate in Ghana was 2.43 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation — value us$, annual growth rate recorded in Ghana?
The highest recorded value was 105.1 % change on previous year in 1984.
What is the lowest gross fixed capital formation — value us$, annual growth rate recorded in Ghana?
The lowest recorded value was -38.95 % change on previous year in 1972.
How does Ghana rank for gross fixed capital formation — value us$, annual growth rate?
Ghana ranks 158th out of 235 countries with data for 2024.
Is gross fixed capital formation — value us$, annual growth rate rising or falling in Ghana?
Over the last ten years it is up 158.4%. 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 — Value US$, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value US$, annual growth rate in Ghana. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-us-annual-growth-rate/ghana/

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How this figure is calculated

The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. 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 — Value US$, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
265 places, 13,251 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.