Gross capital formation in Zambia
Zambia: Gross capital formation was 23.8% in 2024. ▼ Falling
Gross capital formation in Zambia, 2010–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross capital formation in Zambia is 23.8%, measured in 2024. That is the lowest value across all 15 years on record.
Compared with earlier readings it is down 24.3% on the previous year and down 30.2% over ten years.
Over the whole period, gross capital formation in Zambia peaked at 42.8% in 2015 and was at its lowest, 23.8%, in 2024.
Zambia ranks 90th 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 in Zambia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2010 | 29.9% | — |
| 2011 | 32.9% | +10.1% |
| 2012 | 31.5% | -4.2% |
| 2013 | 33.8% | +7.2% |
| 2014 | 34.1% | +0.8% |
| 2015 | 42.8% | +25.6% |
| 2016 | 38.2% | -10.7% |
| 2017 | 41.0% | +7.3% |
| 2018 | 38.6% | -5.9% |
| 2019 | 39.3% | +1.7% |
| 2020 | 32.2% | -17.9% |
| 2021 | 31.4% | -2.7% |
| 2022 | 27.0% | -14.0% |
| 2023 | 31.4% | +16.5% |
| 2024 | 23.8% | -24.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 36.2% | 29.9% | 42.8% | 10 |
| 2020s | 29.2% | 23.8% | 32.2% | 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)
- Gross capital formation (current US$), annual growth rate -30.59 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.2379 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 282.39 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate -10.14 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 6.22 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 7,389 current LCU per person (2024)
- Imports of goods and services (current US$), annual growth rate -32.4 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.2755 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross capital formation in Zambia?
- Gross capital formation in Zambia was 23.8% 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 42.8% in 2015.
- What is the lowest gross capital formation recorded in Zambia?
- The lowest recorded value was 23.8% in 2024.
- How does Zambia rank for gross capital formation?
- Zambia ranks 90th 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 30.2%. 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.