Ghana - Gross fixed capital formation (constant LCU)

The value for Gross fixed capital formation (constant LCU) in Ghana was 35,944,520,000 as of 2020. As the graph below shows, over the past 14 years this indicator reached a maximum value of 40,520,290,000 in 2008 and a minimum value of 22,666,510,000 in 2010.

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 constant local currency.

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

Year Value
2006 32,406,590,000
2007 37,391,060,000
2008 40,520,290,000
2009 30,326,290,000
2010 22,666,510,000
2011 28,460,960,000
2012 40,514,450,000
2013 29,923,160,000
2014 31,451,470,000
2015 30,594,580,000
2016 34,337,230,000
2017 34,690,450,000
2018 39,253,500,000
2019 35,319,160,000
2020 35,944,520,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts