Gross capital formation in Ghana

Ghana: Gross capital formation was 31.84 billion constant LCU in 2024. ▲ Rising

Latest (2024)
31.84 billion constant LCU
Change on year
up 13.0%
World rank
112th
of 169 countries
All-time high
40.44 billion constant LCU
in 2012
All-time low
22.93 billion constant LCU
in 2010
Years of data
19
2006–2024

Gross capital formation in Ghana, 2006–2024

010.0B20.0B30.0B40.0B2006201520242006: 29.8B constant LCU2007: 34.3B constant LCU2008: 37.2B constant LCU2009: 29.4B constant LCU2010: 22.9B constant LCU2011: 29.1B constant LCU2012: 40.4B constant LCU2013: 30.8B constant LCU2014: 32.2B constant LCU2015: 31.4B constant LCU2016: 35.2B constant LCU2017: 35.7B constant LCU2018: 40.0B constant LCU2019: 36.2B constant LCU2020: 36.7B constant LCU2021: 38.7B constant LCU2022: 39.0B constant LCU2023: 28.2B constant LCU2024: 31.8B constant LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.

Analysis

The most recent figure for gross capital formation in Ghana is 31.84 billion constant LCU, measured in 2024.

The figure is up 13.0% on the previous year and down 1.2% over ten years.

Over the whole period, gross capital formation in Ghana peaked at 40.44 billion constant LCU in 2012 and was at its lowest, 22.93 billion constant LCU, in 2010.

Ghana ranks 112th of 169 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 19 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 32.67 billion constant LCU 29.41 billion constant LCU 37.20 billion constant LCU 4
2010s 33.42 billion constant LCU 22.93 billion constant LCU 40.44 billion constant LCU 10
2020s 34.89 billion constant LCU 28.17 billion constant LCU 39.00 billion constant LCU 5

Countries ranked near Ghana

  1. 109 Vanuatu 40.35 billion constant LCU compare
  2. 110 Greece 34.23 billion constant LCU compare
  3. 111 Namibia 32.60 billion constant LCU compare
  4. 113 Gambia 29.77 billion constant LCU compare
  5. 114 Haiti 27.82 billion constant LCU compare
  6. 115 Panama 27.52 billion constant LCU compare

See the full ranking of 169 places →

More economy & growth data for Ghana

All data for Ghana →

Frequently asked questions

What is gross capital formation in Ghana?
Gross capital formation in Ghana was 31.84 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross capital formation recorded in Ghana?
The highest recorded value was 40.44 billion constant LCU in 2012.
What is the lowest gross capital formation recorded in Ghana?
The lowest recorded value was 22.93 billion constant LCU in 2010.
How does Ghana rank for gross capital formation?
Ghana ranks 112th out of 169 countries with data for 2024.
Is gross capital formation rising or falling in Ghana?
Over the last ten years it is down 1.2%. The long-run trend across the full record is rising.
Where does this Ghana data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (constant LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gross capital formation (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
169 places, 7,054 data points, 1960–2025
Last refreshed

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.