Gross Fixed Capital Formation — Value US$ (US Value) in Ghana
Ghana: Gross Fixed Capital Formation — Value US$ (US Value) was 8,364 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in Ghana, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Ghana recorded 8,364 million USD for gross fixed capital formation — value us$ in 2024.
The figure is up 2.4% on the previous year and down 42.2% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Ghana peaked at 17,928 million USD in 2012 and was at its lowest, 350.31 million USD, in 1982.
Ghana ranks 115th of 235 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 US$ (US Value) in Ghana, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 774.68 million USD | — |
| 1971 | 874.48 million USD | +12.9% |
| 1972 | 533.86 million USD | -39.0% |
| 1973 | 439.33 million USD | -17.7% |
| 1974 | 796 million USD | +81.2% |
| 1975 | 743.65 million USD | -6.6% |
| 1976 | 639.65 million USD | -14.0% |
| 1977 | 664.91 million USD | +3.9% |
| 1978 | 530.62 million USD | -20.2% |
| 1979 | 583.57 million USD | +10.0% |
| 1980 | 579.39 million USD | -0.7% |
| 1981 | 474.03 million USD | -18.2% |
| 1982 | 350.31 million USD | -26.1% |
| 1983 | 370.01 million USD | +5.6% |
| 1984 | 758.91 million USD | +105.1% |
| 1985 | 1,144 million USD | +50.7% |
| 1986 | 1,197 million USD | +4.6% |
| 1987 | 1,434 million USD | +19.8% |
| 1988 | 1,642 million USD | +14.6% |
| 1989 | 2,060 million USD | +25.5% |
| 1990 | 2,211 million USD | +7.3% |
| 1991 | 2,585 million USD | +16.9% |
| 1992 | 2,573 million USD | -0.5% |
| 1993 | 4,134 million USD | +60.7% |
| 1994 | 3,578 million USD | -13.5% |
| 1995 | 4,188 million USD | +17.1% |
| 1996 | 4,097 million USD | -2.2% |
| 1997 | 4,786 million USD | +16.8% |
| 1998 | 4,873 million USD | +1.8% |
| 1999 | 5,152 million USD | +5.7% |
| 2000 | 3,753 million USD | -27.1% |
| 2001 | 4,701 million USD | +25.2% |
| 2002 | 3,775 million USD | -19.7% |
| 2003 | 5,709 million USD | +51.2% |
| 2004 | 8,219 million USD | +44.0% |
| 2005 | 10,162 million USD | +23.6% |
| 2006 | 12,652 million USD | +24.5% |
| 2007 | 10,299 million USD | -18.6% |
| 2008 | 12,753 million USD | +23.8% |
| 2009 | 10,872 million USD | -14.8% |
| 2010 | 10,213 million USD | -6.1% |
| 2011 | 12,704 million USD | +24.4% |
| 2012 | 17,928 million USD | +41.1% |
| 2013 | 15,102 million USD | -15.8% |
| 2014 | 14,475 million USD | -4.2% |
| 2015 | 13,346 million USD | -7.8% |
| 2016 | 13,944 million USD | +4.5% |
| 2017 | 11,408 million USD | -18.2% |
| 2018 | 14,267 million USD | +25.1% |
| 2019 | 12,327 million USD | -13.6% |
| 2020 | 12,370 million USD | +0.4% |
| 2021 | 13,323 million USD | +7.7% |
| 2022 | 11,376 million USD | -14.6% |
| 2023 | 8,166 million USD | -28.2% |
| 2024 | 8,364 million USD | +2.4% |
Ghana compared with similar countries
- Ghana's 8,364 million USD is above the median for lower middle income countries, which is 5,205 million USD, 1.6× the median. (44 countries reporting)
- Ghana's 8,364 million USD is above the median for Sub-Saharan Africa, which is 3,840 million USD, 2.2× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 658.08 million USD | 439.33 million USD | 874.48 million USD | 10 |
| 1980s | 1,001 million USD | 350.31 million USD | 2,060 million USD | 10 |
| 1990s | 3,818 million USD | 2,211 million USD | 5,152 million USD | 10 |
| 2000s | 8,290 million USD | 3,753 million USD | 12,753 million USD | 10 |
| 2010s | 13,571 million USD | 10,213 million USD | 17,928 million USD | 10 |
| 2020s | 10,720 million USD | 8,166 million USD | 13,323 million USD | 5 |
Countries ranked near Ghana
More economy & growth data for Ghana
- Real gdp growth, annual growth rate 86.92 % change on previous year (2024)
- 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)
Frequently asked questions
- What is gross fixed capital formation — value us$ in Ghana?
- Gross fixed capital formation — value us$ in Ghana was 8,364 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$ recorded in Ghana?
- The highest recorded value was 17,928 million USD in 2012.
- What is the lowest gross fixed capital formation — value us$ recorded in Ghana?
- The lowest recorded value was 350.31 million USD in 1982.
- How does Ghana rank for gross fixed capital formation — value us$?
- Ghana ranks 115th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Ghana?
- Over the last ten years it is down 42.2%. 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$. Statizoid updates them automatically from the source API.
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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).