Gross capital formation (current US$) in Zambia
Zambia: Gross capital formation (current US$) was 6.02 billion current US$ in 2024. ▼ Falling
Gross capital formation in Zambia, 2010–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gross capital formation in Zambia is 6.02 billion current US$, measured in 2024.
The figure is down 30.6% on the previous year and down 34.9% over ten years.
Over the whole period, gross capital formation in Zambia peaked at 10.61 billion current US$ in 2017 and was at its lowest, 5.85 billion current US$, in 2020.
Zambia ranks 114th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Gross capital formation (current US$) in Zambia, year by year
| Year | current US$ | Change |
|---|---|---|
| 2010 | 6.05 billion current US$ | — |
| 2011 | 7.72 billion current US$ | +27.4% |
| 2012 | 8.04 billion current US$ | +4.2% |
| 2013 | 9.48 billion current US$ | +17.9% |
| 2014 | 9.25 billion current US$ | -2.4% |
| 2015 | 9.10 billion current US$ | -1.6% |
| 2016 | 8.01 billion current US$ | -12.0% |
| 2017 | 10.61 billion current US$ | +32.5% |
| 2018 | 10.15 billion current US$ | -4.3% |
| 2019 | 9.15 billion current US$ | -9.9% |
| 2020 | 5.85 billion current US$ | -36.1% |
| 2021 | 6.93 billion current US$ | +18.5% |
| 2022 | 7.87 billion current US$ | +13.5% |
| 2023 | 8.67 billion current US$ | +10.2% |
| 2024 | 6.02 billion current US$ | -30.6% |
Zambia compared with similar countries
- Zambia's 6.02 billion current US$ is above the median for lower middle income countries, which is 5.91 billion current US$, 1.0× the median. (45 countries reporting)
- Zambia's 6.02 billion current US$ is above the median for Sub-Saharan Africa, which is 4.76 billion current US$, 1.3× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 8.75 billion current US$ | 6.05 billion current US$ | 10.61 billion current US$ | 10 |
| 2020s | 7.07 billion current US$ | 5.85 billion current US$ | 8.67 billion current US$ | 5 |
Countries ranked near Zambia
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)
- SDRs holdings, US dollar, annual growth rate 13.19 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.1053 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 138.75 units per person (2025)
- SDRs holdings, SDR, annual growth rate 7.79 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0769 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 101.32 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0464 units per US$ of GDP (2025)
Frequently asked questions
- What is gross capital formation in Zambia?
- Gross capital formation in Zambia was 6.02 billion current US$ 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 10.61 billion current US$ in 2017.
- What is the lowest gross capital formation recorded in Zambia?
- The lowest recorded value was 5.85 billion current US$ in 2020.
- How does Zambia rank for gross capital formation?
- Zambia ranks 114th out of 187 countries with data for 2024.
- Is gross capital formation rising or falling in Zambia?
- Over the last ten years it is down 34.9%. The long-run trend across the full record is falling.
- 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 US$). Statizoid updates them automatically from the source API.
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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 indicator is expressed in United States dollars.