Ghana - Gross capital formation

Gross capital formation (current US$)

The latest value for Gross capital formation (current US$) in Ghana was $13,358,690,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $15,562,400,000 in 2013 and $150,074,100 in 1972.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $296,953,700
1961 $261,935,600
1962 $236,722,500
1963 $288,549,300
1964 $337,574,700
1965 $366,990,000
1966 $273,141,400
1967 $180,062,500
1968 $185,321,200
1969 $231,406,400
1970 $313,771,300
1971 $341,295,600
1972 $150,074,100
1973 $222,535,200
1974 $377,639,700
1975 $357,446,800
1983 $152,138,400
1984 $303,424,700
1985 $431,069,600
1986 $536,222,500
1987 $529,510,200
1988 $587,147,600
1989 $693,706,300
1990 $850,632,300
1991 $1,047,465,000
1992 $820,979,400
1993 $1,325,116,000
1994 $1,304,393,000
1995 $1,294,412,000
1996 $1,470,217,000
1997 $1,709,473,000
1998 $1,728,806,000
1999 $1,621,106,000
2000 $1,195,856,000
2001 $1,413,735,000
2002 $1,214,767,000
2003 $1,750,640,000
2004 $2,520,311,000
2005 $3,116,186,000
2006 $4,692,028,000
2007 $3,819,651,000
2008 $4,729,681,000
2009 $4,280,171,000
2010 $4,217,905,000
2011 $5,039,107,000
2012 $7,002,741,000
2013 $15,562,400,000
2014 $14,899,670,000
2015 $13,752,760,000
2016 $14,441,510,000
2017 $12,439,980,000
2018 $15,242,840,000
2019 $13,438,180,000
2020 $13,358,690,000

Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Ghana was 74,751,200,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 74,751,200,000 in 2020 and a minimum value of 15,500 in 1967.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 21,200
1961 18,700
1962 16,900
1963 20,600
1964 24,100
1965 26,200
1966 19,500
1967 15,500
1968 18,900
1969 23,600
1970 32,000
1971 35,300
1972 20,000
1973 31,600
1974 60,800
1975 67,200
1983 690,100
1984 1,860,600
1985 3,283,000
1986 4,787,700
1987 7,783,800
1988 11,874,300
1989 18,720,000
1990 27,743,900
1991 38,546,700
1992 35,876,800
1993 86,000,000
1994 124,700,000
1995 155,200,000
1996 240,380,400
1997 350,100,000
1998 399,700,000
1999 432,186,800
2000 651,622,000
2001 1,012,659,000
2002 962,581,400
2003 1,517,454,000
2004 2,267,020,000
2005 2,820,771,000
2006 4,293,675,000
2007 3,562,206,000
2008 4,977,043,000
2009 6,013,641,000
2010 6,031,604,000
2011 7,662,467,000
2012 12,779,300,000
2013 30,835,350,000
2014 43,158,370,000
2015 51,086,000,000
2016 56,463,430,000
2017 54,120,130,000
2018 69,893,000,000
2019 70,112,370,000
2020 74,751,200,000

Gross capital formation (constant 2010 US$)

The latest value for Gross capital formation (constant 2010 US$) in Ghana was 17,578,560,000 as of 2020. Over the past 14 years, the value for this indicator has fluctuated between 18,591,970,000 in 2018 and 9,998,116,000 in 2010.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2006 12,970,640,000
2007 14,965,660,000
2008 16,218,120,000
2009 12,822,500,000
2010 9,998,116,000
2011 12,683,080,000
2012 17,629,930,000
2013 13,442,780,000
2014 14,091,450,000
2015 13,752,760,000
2016 15,593,720,000
2017 16,713,240,000
2018 18,591,970,000
2019 17,249,770,000
2020 17,578,560,000

Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Ghana was 1.91 as of 2020. As the graph below shows, over the past 13 years this indicator reached a maximum value of 39.00 in 2012 and a minimum value of -23.75 in 2013.

Definition: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2007 15.38
2008 8.37
2009 -20.94
2010 -22.03
2011 26.85
2012 39.00
2013 -23.75
2014 4.83
2015 -2.40
2016 13.39
2017 7.18
2018 11.24
2019 -7.22
2020 1.91

Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Ghana was 40,322,090,000 as of 2020. As the graph below shows, over the past 14 years this indicator reached a maximum value of 42,646,680,000 in 2018 and a minimum value of 22,933,900,000 in 2010.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2006 29,752,330,000
2007 34,328,560,000
2008 37,201,490,000
2009 29,412,530,000
2010 22,933,900,000
2011 29,092,720,000
2012 40,439,920,000
2013 30,835,350,000
2014 32,323,290,000
2015 31,546,390,000
2016 35,769,220,000
2017 38,337,190,000
2018 42,646,680,000
2019 39,567,920,000
2020 40,322,090,000

Gross capital formation (% of GDP)

Gross capital formation (% of GDP) in Ghana was 19.49 as of 2020. Its highest value over the past 60 years was 29.00 in 2005, while its lowest value was 3.75 in 1983.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 24.40
1961 20.11
1962 17.12
1963 18.73
1964 19.50
1965 17.87
1966 12.85
1967 10.31
1968 11.12
1969 11.79
1970 14.17
1971 14.12
1972 7.10
1973 9.03
1974 13.05
1975 12.72
1983 3.75
1984 6.88
1985 9.57
1986 9.36
1987 10.43
1988 11.30
1989 13.21
1990 14.44
1991 15.88
1992 12.80
1993 22.21
1994 23.96
1995 20.02
1996 21.20
1997 24.81
1998 23.11
1999 21.00
2000 24.00
2001 26.60
2002 19.70
2003 22.94
2004 28.38
2005 29.00
2006 22.95
2007 15.38
2008 16.49
2009 16.43
2010 13.10
2011 12.81
2012 16.97
2013 24.77
2014 27.20
2015 27.84
2016 25.71
2017 20.59
2018 22.65
2019 19.66
2020 19.49

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts