Ghana - Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Ghana was 69,219,660,000 as of 2020. As the graph below shows, over the past 53 years this indicator reached a maximum value of 69,219,660,000 in 2020 and a minimum value of 13,200 in 1967.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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
1967 13,200
1968 16,000
1969 20,000
1970 27,100
1971 31,100
1972 24,400
1973 26,800
1974 55,500
1975 61,400
1983 692,200
1984 1,854,100
1985 3,269,100
1986 4,753,700
1987 7,728,800
1988 11,814,900
1989 18,645,100
1990 27,632,900
1991 38,411,800
1992 35,697,400
1993 92,100,000
1994 117,500,000
1995 163,800,000
1996 230,160,400
1997 336,400,000
1998 386,800,000
1999 421,215,900
2000 627,172,000
2001 1,032,589,000
2002 917,381,400
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 5,664,879,000
2010 5,416,435,000
2011 7,164,165,000
2012 12,133,240,000
2013 29,923,160,000
2014 41,928,880,000
2015 49,575,090,000
2016 54,516,920,000
2017 49,633,140,000
2018 65,417,730,000
2019 64,314,150,000
2020 69,219,660,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts