Gross capital formation in Zimbabwe
Zimbabwe: Gross capital formation was 8.8% in 2024. ▼ Falling
Gross capital formation in Zimbabwe, 1960–2024
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 Zimbabwe is 8.8%, measured in 2024.
The figure is down 11.7% on the previous year and down 8.2% over ten years.
Over the whole period, gross capital formation in Zimbabwe peaked at 24.7% in 1974 and was at its lowest, 1.5%, in 2005.
That places Zimbabwe 179th out of 187 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 65 years of available data.
Gross capital formation in Zimbabwe, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 20.4% | — |
| 1961 | 20.1% | -1.9% |
| 1962 | 15.6% | -22.2% |
| 1963 | 11.5% | -26.2% |
| 1964 | 11.7% | +2.0% |
| 1965 | 13.7% | +16.3% |
| 1966 | 14.9% | +9.5% |
| 1967 | 17.4% | +16.6% |
| 1968 | 21.1% | +21.2% |
| 1969 | 16.9% | -20.0% |
| 1970 | 18.3% | +8.6% |
| 1971 | 20.2% | +10.0% |
| 1972 | 23.7% | +17.5% |
| 1973 | 22.9% | -3.5% |
| 1974 | 24.7% | +8.2% |
| 1975 | 23.6% | -4.5% |
| 1976 | 16.1% | -31.8% |
| 1977 | 17.2% | +6.7% |
| 1978 | 10.7% | -37.8% |
| 1979 | 11.4% | +6.7% |
| 1980 | 16.9% | +48.4% |
| 1981 | 20.8% | +22.9% |
| 1982 | 19.1% | -8.5% |
| 1983 | 14.3% | -24.9% |
| 1984 | 17.0% | +19.1% |
| 1985 | 17.8% | +4.6% |
| 1986 | 18.1% | +1.3% |
| 1987 | 14.9% | -17.3% |
| 1988 | 18.7% | +25.2% |
| 1989 | 15.0% | -19.6% |
| 1990 | 17.4% | +15.6% |
| 1991 | 19.1% | +9.9% |
| 1992 | 20.2% | +5.9% |
| 1993 | 22.8% | +12.5% |
| 1994 | 23.7% | +4.2% |
| 1995 | 19.7% | -17.2% |
| 1996 | 18.5% | -5.7% |
| 1997 | 18.1% | -2.2% |
| 1998 | 20.7% | +14.4% |
| 1999 | 14.4% | -30.6% |
| 2000 | 13.6% | -5.7% |
| 2001 | 10.3% | -24.3% |
| 2002 | 5.0% | -51.3% |
| 2003 | 8.0% | +60.0% |
| 2004 | 4.5% | -43.6% |
| 2005 | 1.5% | -66.2% |
| 2006 | 1.6% | +3.0% |
| 2007 | 7.1% | +353.0% |
| 2008 | 5.1% | -27.9% |
| 2009 | 12.7% | +148.6% |
| 2010 | 18.8% | +47.2% |
| 2011 | 17.4% | -7.3% |
| 2012 | 9.9% | -43.3% |
| 2013 | 9.2% | -6.6% |
| 2014 | 9.6% | +4.7% |
| 2015 | 10.0% | +4.1% |
| 2016 | 9.9% | -1.7% |
| 2017 | 14.7% | +49.1% |
| 2018 | 14.1% | -3.8% |
| 2019 | 6.6% | -53.5% |
| 2020 | 7.3% | +11.5% |
| 2021 | 10.0% | +35.7% |
| 2022 | 7.6% | -23.4% |
| 2023 | 10.0% | +31.2% |
| 2024 | 8.8% | -11.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 16.3% | 11.5% | 21.1% | 10 |
| 1970s | 18.9% | 10.7% | 24.7% | 10 |
| 1980s | 17.3% | 14.3% | 20.8% | 10 |
| 1990s | 19.5% | 14.4% | 23.7% | 10 |
| 2000s | 6.9% | 1.5% | 13.6% | 10 |
| 2010s | 12.0% | 6.6% | 18.8% | 10 |
| 2020s | 8.8% | 7.3% | 10.0% | 5 |
Countries ranked near Zimbabwe
- 176 Angola 10.6% compare
- 177 Ghana 9.9% compare
- 178 Central African Republic 9.3% compare
- 180 Sao Tome and Principe 8.7% compare
- 181 Yemen 6.2% compare
- 182 Venezuela, Bolivarian Republic of 5.9% compare
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)
- Manufacturing, value added (current US$), per unit of GDP 0.1491 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 450.44 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 4.74 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 14,322 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0499 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 150.67 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 648.14 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 30.6 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation in Zimbabwe?
- Gross capital formation in Zimbabwe was 8.8% 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 24.7% in 1974.
- What is the lowest gross capital formation recorded in Zimbabwe?
- The lowest recorded value was 1.5% in 2005.
- How does Zimbabwe rank for gross capital formation?
- Zimbabwe ranks 179th out of 187 countries with data for 2024.
- Is gross capital formation rising or falling in Zimbabwe?
- Over the last ten years it is down 8.2%. The long-run trend across the full record is falling.
- 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 (% 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.