Gross fixed capital formation in Ghana

Ghana: Gross fixed capital formation was 13.55 billion constant 2015 US$ in 2024. ▬ Flat

Latest (2024)
13.55 billion constant 2015 US$
Change on year
up 13.8%
World rank
75th
of 160 countries
All-time high
17.69 billion constant 2015 US$
in 2008
All-time low
9.89 billion constant 2015 US$
in 2010
Years of data
19
2006–2024

Gross fixed capital formation in Ghana, 2006–2024

05.0B10.0B15.0B20.0B2006201520242006: 14.1B constant 2015 US$2007: 16.3B constant 2015 US$2008: 17.7B constant 2015 US$2009: 13.2B constant 2015 US$2010: 9.9B constant 2015 US$2011: 12.4B constant 2015 US$2012: 17.7B constant 2015 US$2013: 13.1B constant 2015 US$2014: 13.7B constant 2015 US$2015: 13.4B constant 2015 US$2016: 15.0B constant 2015 US$2017: 15.1B constant 2015 US$2018: 17.1B constant 2015 US$2019: 15.4B constant 2015 US$2020: 15.7B constant 2015 US$2021: 16.6B constant 2015 US$2022: 16.7B constant 2015 US$2023: 11.9B constant 2015 US$2024: 13.5B constant 2015 US$

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.

Analysis

In 2024, gross fixed capital formation in Ghana stood at 13.55 billion constant 2015 US$.

The figure is up 13.8% on the previous year and down 1.3% over ten years.

Over the whole period, gross fixed capital formation in Ghana peaked at 17.69 billion constant 2015 US$ in 2008 and was at its lowest, 9.89 billion constant 2015 US$, in 2010.

That places Ghana 75th out of 160 countries with data for 2024, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 15.35 billion constant 2015 US$ 13.24 billion constant 2015 US$ 17.69 billion constant 2015 US$ 4
2010s 14.28 billion constant 2015 US$ 9.89 billion constant 2015 US$ 17.68 billion constant 2015 US$ 10
2020s 14.89 billion constant 2015 US$ 11.90 billion constant 2015 US$ 16.73 billion constant 2015 US$ 5

Countries ranked near Ghana

  1. 72 Bulgaria 14.74 billion constant 2015 US$ compare
  2. 73 Costa Rica 14.09 billion constant 2015 US$ compare
  3. 74 Puerto Rico 13.68 billion constant 2015 US$ compare
  4. 76 Uganda 13.33 billion constant 2015 US$ compare
  5. 77 Cambodia 13.09 billion constant 2015 US$ compare
  6. 78 Bahrain 12.94 billion constant 2015 US$ compare

See the full ranking of 193 places →

More economy & growth data for Ghana

All data for Ghana →

Frequently asked questions

What is gross fixed capital formation in Ghana?
Gross fixed capital formation in Ghana was 13.55 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross fixed capital formation recorded in Ghana?
The highest recorded value was 17.69 billion constant 2015 US$ in 2008.
What is the lowest gross fixed capital formation recorded in Ghana?
The lowest recorded value was 9.89 billion constant 2015 US$ in 2010.
How does Ghana rank for gross fixed capital formation?
Ghana ranks 75th out of 160 countries with data for 2024.
Is gross fixed capital formation rising or falling in Ghana?
Over the last ten years it is down 1.3%. The long-run trend across the full record is flat.
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 fixed capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.

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

About this data

Indicator
Gross fixed capital formation (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
193 places, 8,101 data points, 1960–2025
Last refreshed

Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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 is 2015. This indicator is expressed in United States dollars.