Gross fixed capital formation in Zimbabwe
Zimbabwe: Gross fixed capital formation was 2.78 billion constant 2015 US$ in 2024. ▲ Rising
Gross fixed capital formation in Zimbabwe, 2009–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2024, gross fixed capital formation in Zimbabwe stood at 2.78 billion constant 2015 US$. That is the highest value across all 16 years on record.
The figure is up 1.2% on the previous year and up 46.8% over ten years.
Over the whole period, gross fixed capital formation in Zimbabwe peaked at 2.78 billion constant 2015 US$ in 2024 and was at its lowest, 1.01 billion constant 2015 US$, in 2009.
Zimbabwe ranks 128th of 161 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 16 years of available data.
Gross fixed capital formation in Zimbabwe, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2009 | 1.01 billion constant 2015 US$ | — |
| 2010 | 1.87 billion constant 2015 US$ | +84.3% |
| 2011 | 1.76 billion constant 2015 US$ | -5.6% |
| 2012 | 2.19 billion constant 2015 US$ | +24.6% |
| 2013 | 1.68 billion constant 2015 US$ | -23.5% |
| 2014 | 1.89 billion constant 2015 US$ | +12.7% |
| 2015 | 2.00 billion constant 2015 US$ | +5.6% |
| 2016 | 2.01 billion constant 2015 US$ | +0.5% |
| 2017 | 2.10 billion constant 2015 US$ | +4.6% |
| 2018 | 2.21 billion constant 2015 US$ | +5.4% |
| 2019 | 2.13 billion constant 2015 US$ | -3.6% |
| 2020 | 1.74 billion constant 2015 US$ | -18.2% |
| 2021 | 1.97 billion constant 2015 US$ | +12.8% |
| 2022 | 2.40 billion constant 2015 US$ | +21.8% |
| 2023 | 2.74 billion constant 2015 US$ | +14.5% |
| 2024 | 2.78 billion constant 2015 US$ | +1.2% |
Zimbabwe compared with similar countries
- Zimbabwe's 2.78 billion constant 2015 US$ is below the median for lower middle income countries, which is 5.11 billion constant 2015 US$, 54% of the median. (42 countries reporting)
- Zimbabwe's 2.78 billion constant 2015 US$ is below the median for Sub-Saharan Africa, which is 4.00 billion constant 2015 US$, 69% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.01 billion constant 2015 US$ | 1.01 billion constant 2015 US$ | 1.01 billion constant 2015 US$ | 1 |
| 2010s | 1.98 billion constant 2015 US$ | 1.68 billion constant 2015 US$ | 2.21 billion constant 2015 US$ | 10 |
| 2020s | 2.32 billion constant 2015 US$ | 1.74 billion constant 2015 US$ | 2.78 billion constant 2015 US$ | 5 |
Countries ranked near Zimbabwe
- 125 Mauritania 2.95 billion constant 2015 US$ compare
- 126 Namibia 2.93 billion constant 2015 US$ compare
- 127 Somalia 2.81 billion constant 2015 US$ compare
- 129 Mauritius 2.70 billion constant 2015 US$ compare
- 130 Kosovo 2.59 billion constant 2015 US$ compare
- 130 Kosovo (UNSCR 1244) 2.59 billion constant 2015 US$ 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)
- 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$), annual growth rate 319.78 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation in Zimbabwe?
- Gross fixed capital formation in Zimbabwe was 2.78 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Zimbabwe?
- The highest recorded value was 2.78 billion constant 2015 US$ in 2024.
- What is the lowest gross fixed capital formation recorded in Zimbabwe?
- The lowest recorded value was 1.01 billion constant 2015 US$ in 2009.
- How does Zimbabwe rank for gross fixed capital formation?
- Zimbabwe ranks 128th out of 161 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Zimbabwe?
- Over the last ten years it is up 46.8%. The long-run trend across the full record is rising.
- 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 fixed capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.