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Ghana - Gross capital formation in constant LCU prices of 2010

22,596,215,377 (LCU) in 2017

In 2017, real gross capital formation for Ghana was 22,596 million LCU. Real gross capital formation of Ghana increased from 215 million LCU in 1998 to 22,596 million LCU in 2017 growing at an average annual rate of 30.74 %.

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What is real gross capital formation?

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.

What is Ghana real gross capital formation?

Date Value Change, %
2017 22,596,215,377 19.12 %
2016 18,968,717,004 8.88 %
2015 17,421,043,847 7.44 %
2014 16,214,784,761 20.00 %
2013 13,512,353,840 -1.88 %
2012 13,771,133,779 7.43 %
2011 12,819,010,110 153.40 %
2010 5,058,875,822 17.42 %
2009 4,308,336,287 5.20 %
2008 4,095,561,670 33.50 %
2007 3,067,902,235 18.96 %
2006 2,578,940,260

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