Gross capital formation in Zimbabwe
Zimbabwe: Gross capital formation was 72.80 billion current LCU in 2024. ◆ Volatile
Latest (2024)
72.80 billion current LCU
Change on year
up 975.1%
World rank
118th
of 187 countries
All-time high
72.80 billion current LCU
in 2024
All-time low
34,200 current LCU
in 2006
Years of data
65
1960–2024
Gross capital formation in Zimbabwe, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross capital formation in Zimbabwe is 72.80 billion current LCU, measured in 2024. That is the highest value across all 65 years on record.
The figure is up 975.1% on the previous year and up 9,679,300.0% over ten years.
Over the whole period, gross capital formation in Zimbabwe peaked at 72.80 billion current LCU in 2024 and was at its lowest, 34,200 current LCU, in 2006.
Zimbabwe ranks 118th of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Zimbabwe, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 86,110 current LCU | — |
| 1961 | 87,996 current LCU | +2.2% |
| 1962 | 69,768 current LCU | -20.7% |
| 1963 | 53,426 current LCU | -23.4% |
| 1964 | 57,197 current LCU | +7.1% |
| 1965 | 71,654 current LCU | +25.3% |
| 1966 | 76,682 current LCU | +7.0% |
| 1967 | 97,424 current LCU | +27.0% |
| 1968 | 125,080 current LCU | +28.4% |
| 1969 | 118,166 current LCU | -5.5% |
| 1970 | 138,279 current LCU | +17.0% |
| 1971 | 175,878 current LCU | +27.2% |
| 1972 | 254,029 current LCU | +44.4% |
| 1973 | 302,968 current LCU | +19.3% |
| 1974 | 394,339 current LCU | +30.2% |
| 1975 | 413,430 current LCU | +4.8% |
| 1976 | 278,433 current LCU | -32.7% |
| 1977 | 300,173 current LCU | +7.8% |
| 1978 | 186,260 current LCU | -37.9% |
| 1979 | 236,412 current LCU | +26.9% |
| 1980 | 452,710 current LCU | +91.5% |
| 1981 | 667,396 current LCU | +47.4% |
| 1982 | 651,185 current LCU | -2.4% |
| 1983 | 444,492 current LCU | -31.7% |
| 1984 | 433,068 current LCU | -2.6% |
| 1985 | 402,028 current LCU | -7.2% |
| 1986 | 449,293 current LCU | +11.8% |
| 1987 | 402,957 current LCU | -10.3% |
| 1988 | 584,898 current LCU | +45.2% |
| 1989 | 498,693 current LCU | -14.7% |
| 1990 | 610,855 current LCU | +22.5% |
| 1991 | 660,700 current LCU | +8.2% |
| 1992 | 546,800 current LCU | -17.2% |
| 1993 | 598,300 current LCU | +9.4% |
| 1994 | 654,400 current LCU | +9.4% |
| 1995 | 559,500 current LCU | -14.5% |
| 1996 | 634,700 current LCU | +13.4% |
| 1997 | 619,000 current LCU | -2.5% |
| 1998 | 531,600 current LCU | -14.1% |
| 1999 | 395,100 current LCU | -25.7% |
| 2000 | 363,300 current LCU | -8.0% |
| 2001 | 278,500 current LCU | -23.3% |
| 2002 | 126,900 current LCU | -54.4% |
| 2003 | 183,400 current LCU | +44.5% |
| 2004 | 104,800 current LCU | -42.9% |
| 2005 | 35,100 current LCU | -66.5% |
| 2006 | 34,200 current LCU | -2.6% |
| 2007 | 150,600 current LCU | +340.4% |
| 2008 | 90,600 current LCU | -39.8% |
| 2009 | 493,100 current LCU | +444.3% |
| 2010 | 904,200 current LCU | +83.4% |
| 2011 | 981,900 current LCU | +8.6% |
| 2012 | 675,100 current LCU | -31.2% |
| 2013 | 703,600 current LCU | +4.2% |
| 2014 | 752,100 current LCU | +6.9% |
| 2015 | 801,800 current LCU | +6.6% |
| 2016 | 811,000 current LCU | +1.1% |
| 2017 | 3.77 million current LCU | +364.5% |
| 2018 | 3.94 million current LCU | +4.6% |
| 2019 | 8.54 million current LCU | +116.8% |
| 2020 | 60.26 million current LCU | +605.2% |
| 2021 | 185.24 million current LCU | +207.4% |
| 2022 | 563.95 million current LCU | +204.4% |
| 2023 | 6.77 billion current LCU | +1100.7% |
| 2024 | 72.80 billion current LCU | +975.1% |
Zimbabwe compared with similar countries
- Zimbabwe's 72.80 billion current LCU is below the median for lower middle income countries, which is 505.56 billion current LCU, 14% of the median. (45 countries reporting)
- Zimbabwe's 72.80 billion current LCU is below the median for Sub-Saharan Africa, which is 1.06 trillion current LCU, 7% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation in Zimbabwe changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +1100.7% | 563.95 million current LCU | 6.77 billion current LCU |
| 2024 | +975.1% | 6.77 billion current LCU | 72.80 billion current LCU |
| 2020 | +605.2% | 8.54 million current LCU | 60.26 million current LCU |
| 2009 | +444.3% | 90,600 current LCU | 493,100 current LCU |
| 2017 | +364.5% | 811,000 current LCU | 3.77 million current LCU |
| 2007 | +340.4% | 34,200 current LCU | 150,600 current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 84,350 current LCU | 53,426 current LCU | 125,080 current LCU | 10 |
| 1970s | 268,020 current LCU | 138,279 current LCU | 413,430 current LCU | 10 |
| 1980s | 498,672 current LCU | 402,028 current LCU | 667,396 current LCU | 10 |
| 1990s | 581,096 current LCU | 395,100 current LCU | 660,700 current LCU | 10 |
| 2000s | 186,050 current LCU | 34,200 current LCU | 493,100 current LCU | 10 |
| 2010s | 2.19 million current LCU | 675,100 current LCU | 8.54 million current LCU | 10 |
| 2020s | 16.08 billion current LCU | 60.26 million current LCU | 72.80 billion current LCU | 5 |
Countries ranked near Zimbabwe
More economy & growth data for Zimbabwe
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.02 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 131.30 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0032 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 7.89 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 465.43 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -22.97 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0112 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 27.98 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 319.78 % change on previous year (2024)
Frequently asked questions
- What is gross capital formation in Zimbabwe?
- Gross capital formation in Zimbabwe was 72.80 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 Zimbabwe?
- The highest recorded value was 72.80 billion current LCU in 2024.
- What is the lowest gross capital formation recorded in Zimbabwe?
- The lowest recorded value was 34,200 current LCU in 2006.
- How does Zimbabwe rank for gross capital formation?
- Zimbabwe ranks 118th out of 187 countries with data for 2024.
- Is gross capital formation rising or falling in Zimbabwe?
- Over the last ten years it is up 9,679,300.0%. The long-run trend across the full record is volatile.
- Where does this Zimbabwe 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 — 65 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.