Gross capital formation in Zambia
Zambia: Gross capital formation was 157.50 billion current LCU in 2024. ▲ Rising
Gross capital formation in Zambia, 2010–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Zambia recorded 157.50 billion current LCU for gross capital formation in 2024.
Compared with earlier readings it is down 10.1% on the previous year and up 176.7% over ten years.
Over the whole period, gross capital formation in Zambia peaked at 175.28 billion current LCU in 2023 and was at its lowest, 29.05 billion current LCU, in 2010.
That places Zambia 105th out of 187 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Gross capital formation in Zambia, year by year
| Year | current LCU | Change |
|---|---|---|
| 2010 | 29.05 billion current LCU | — |
| 2011 | 37.50 billion current LCU | +29.1% |
| 2012 | 41.37 billion current LCU | +10.3% |
| 2013 | 51.15 billion current LCU | +23.6% |
| 2014 | 56.91 billion current LCU | +11.3% |
| 2015 | 78.50 billion current LCU | +37.9% |
| 2016 | 82.56 billion current LCU | +5.2% |
| 2017 | 100.97 billion current LCU | +22.3% |
| 2018 | 106.19 billion current LCU | +5.2% |
| 2019 | 117.96 billion current LCU | +11.1% |
| 2020 | 107.28 billion current LCU | -9.1% |
| 2021 | 138.75 billion current LCU | +29.3% |
| 2022 | 133.27 billion current LCU | -3.9% |
| 2023 | 175.28 billion current LCU | +31.5% |
| 2024 | 157.50 billion current LCU | -10.1% |
Zambia compared with similar countries
- Zambia's 157.50 billion current LCU is below the median for lower middle income countries, which is 505.56 billion current LCU, 31% of the median. (45 countries reporting)
- Zambia's 157.50 billion current LCU is below the median for Sub-Saharan Africa, which is 1.06 trillion current LCU, 15% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 70.22 billion current LCU | 29.05 billion current LCU | 117.96 billion current LCU | 10 |
| 2020s | 142.42 billion current LCU | 107.28 billion current LCU | 175.28 billion current LCU | 5 |
Countries ranked near Zambia
- 102 Central African Republic 166.01 billion current LCU compare
- 103 Belgium 165.30 billion current LCU compare
- 104 Guatemala 158.82 billion current LCU compare
- 106 French Polynesia 152.80 billion current LCU compare
- 107 Mauritius 147.91 billion current LCU compare
- 108 Ireland 146.46 billion current LCU compare
More economy & growth data for Zambia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.31 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.92 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 310.54 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0123 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 14.57 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 2.36 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 268.02 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0932 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 110.69 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 28.89 % change on previous year (2024)
Frequently asked questions
- What is gross capital formation in Zambia?
- Gross capital formation in Zambia was 157.50 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Zambia?
- The highest recorded value was 175.28 billion current LCU in 2023.
- What is the lowest gross capital formation recorded in Zambia?
- The lowest recorded value was 29.05 billion current LCU in 2010.
- How does Zambia rank for gross capital formation?
- Zambia ranks 105th out of 187 countries with data for 2024.
- Is gross capital formation rising or falling in Zambia?
- Over the last ten years it is up 176.7%. The long-run trend across the full record is rising.
- Where does this Zambia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.