Gross capital formation in constant LCU prices of 2015

63,133,764,779 (LCU) in 2022

In 2022, real gross capital formation for Ghana was 63,133 million LCU. Though Ghana real gross capital formation fluctuated substantially in recent years, it tended to increase through 1973 - 2022 period ending at 63,133 million LCU in 2022.

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Gross capital formation (also known as 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.

Date Value Change, %
2022 63,133,764,779 0.70%
2021 62,696,470,985 5.57%
2020 59,388,928,845 1.22%
2019 58,675,490,593 -9.35%
2018 64,727,596,001 11.86%
2017 57,862,895,730 1.50%
2016 57,006,750,422 12.10%
2015 50,854,296,259 -2.57%
2014 52,193,548,572 4.57%
2013 49,913,748,288 -28.22%
2012 69,541,946,794 39.00%
2011 50,028,900,334