Gross fixed capital formation in Ghana
Ghana: Gross fixed capital formation was 31.03 billion constant LCU in 2024. ▬ Flat
Gross fixed capital formation in Ghana, 2006–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, gross fixed capital formation in Ghana stood at 31.03 billion constant LCU.
That represents a change of 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 40.52 billion constant LCU in 2008 and was at its lowest, 22.67 billion constant LCU, in 2010.
Ghana ranks 114th of 167 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 35.16 billion constant LCU | 30.33 billion constant LCU | 40.52 billion constant LCU | 4 |
| 2010s | 32.72 billion constant LCU | 22.67 billion constant LCU | 40.51 billion constant LCU | 10 |
| 2020s | 34.12 billion constant LCU | 27.26 billion constant LCU | 38.33 billion constant LCU | 5 |
Countries ranked near Ghana
More economy & growth data for Ghana
- DEC alternative conversion factor 12.56 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 12.07 billion current LCU (2017)
- Net secondary income (Net current transfers from abroad) 2.77 billion current US$ (2017)
- Taxes less subsidies on products 94.62 billion current LCU (2025)
- Taxes less subsidies on products 7.54 billion current US$ (2025)
- Net primary income (Net income from abroad) -87.71 billion current LCU (2025)
- Net primary income (Net income from abroad) -6.99 billion current US$ (2025)
- GNI per capita 38,398 current LCU (2025)
- GNI per capita, Atlas method 2,630 current US$ (2025)
- GNI 1.35 trillion current LCU (2025)
Frequently asked questions
- What is gross fixed capital formation in Ghana?
- Gross fixed capital formation in Ghana was 31.03 billion constant LCU 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 40.52 billion constant LCU in 2008.
- What is the lowest gross fixed capital formation recorded in Ghana?
- The lowest recorded value was 22.67 billion constant LCU in 2010.
- How does Ghana rank for gross fixed capital formation?
- Ghana ranks 114th out of 167 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 LCU). Statizoid updates them automatically from the source API.
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About this data
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 varies by country. This series is expressed in local currency units.