Gross capital formation in Ghana

Ghana: Gross capital formation was 117.10 billion current LCU in 2024. ◆ Volatile

Latest (2024)
117.10 billion current LCU
Change on year
up 30.4%
World rank
111th
of 186 countries
All-time high
117.10 billion current LCU
in 2024
All-time low
15,500 current LCU
in 1967
Years of data
57
1960–2024

Gross capital formation in Ghana, 1960–2024

025.0B50.0B75.0B100.0B125.0B196019922024

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

Analysis

Ghana recorded 117.10 billion current LCU for gross capital formation in 2024. That is the highest value across all 57 years on record.

That represents a change of up 30.4% on the previous year and up 171.6% over ten years.

Over the whole period, gross capital formation in Ghana peaked at 117.10 billion current LCU in 2024 and was at its lowest, 15,500 current LCU, in 1967.

Ghana ranks 111th of 186 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.

Averages by decade

DecadeAverage LowestHighest Years
1960s 20,520 current LCU 15,500 current LCU 26,200 current LCU 10
1970s 41,150 current LCU 20,000 current LCU 67,200 current LCU 6
1980s 8.05 million current LCU 1.86 million current LCU 18.72 million current LCU 6
1990s 189.04 million current LCU 27.74 million current LCU 432.19 million current LCU 10
2000s 2.81 billion current LCU 651.62 million current LCU 6.01 billion current LCU 10
2010s 39.21 billion current LCU 6.03 billion current LCU 66.99 billion current LCU 10
2020s 91.56 billion current LCU 71.43 billion current LCU 117.10 billion current LCU 5

Countries ranked near Ghana

  1. 108 Ireland 146.46 billion current LCU compare
  2. 109 Austria 121.33 billion current LCU compare
  3. 110 Bhutan 119.29 billion current LCU compare
  4. 112 New Zealand 99.78 billion current LCU compare
  5. 113 Comoros 93.81 billion current LCU compare
  6. 114 Moldova 85.50 billion current LCU compare

See the full ranking of 186 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 117.10 billion current 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 117.10 billion current LCU in 2024.
What is the lowest gross capital formation recorded in Ghana?
The lowest recorded value was 15,500 current LCU in 1967.
How does Ghana rank for gross capital formation?
Ghana ranks 111th out of 186 countries with data for 2024.
Is gross capital formation rising or falling in Ghana?
Over the last ten years it is up 171.6%. The long-run trend across the full record is volatile.
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 (current LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 57 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gross capital formation (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
186 places, 8,699 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.