Gross fixed capital formation (constant LCU) in Zimbabwe
Zimbabwe: Gross fixed capital formation (constant LCU) was 6.61 billion constant LCU 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 LCU.
Analysis
In 2024, gross fixed capital formation in Zimbabwe stood at 6.61 billion constant LCU. That is the highest value across all 16 years on record.
That represents a change of 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 6.61 billion constant LCU in 2024 and was at its lowest, 2.41 billion constant LCU, in 2009.
That places Zimbabwe 140th out of 168 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 16 years of available data.
Gross fixed capital formation (constant LCU) in Zimbabwe, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2009 | 2.41 billion constant LCU | — |
| 2010 | 4.45 billion constant LCU | +84.3% |
| 2011 | 4.20 billion constant LCU | -5.6% |
| 2012 | 5.23 billion constant LCU | +24.6% |
| 2013 | 4.00 billion constant LCU | -23.5% |
| 2014 | 4.51 billion constant LCU | +12.7% |
| 2015 | 4.76 billion constant LCU | +5.6% |
| 2016 | 4.78 billion constant LCU | +0.5% |
| 2017 | 5.00 billion constant LCU | +4.6% |
| 2018 | 5.27 billion constant LCU | +5.4% |
| 2019 | 5.08 billion constant LCU | -3.6% |
| 2020 | 4.15 billion constant LCU | -18.2% |
| 2021 | 4.68 billion constant LCU | +12.8% |
| 2022 | 5.71 billion constant LCU | +21.8% |
| 2023 | 6.54 billion constant LCU | +14.5% |
| 2024 | 6.61 billion constant LCU | +1.2% |
Zimbabwe compared with similar countries
- Zimbabwe's 6.61 billion constant LCU is below the median for lower middle income countries, which is 109.54 billion constant LCU, 6% of the median. (44 countries reporting)
- Zimbabwe's 6.61 billion constant LCU is below the median for Sub-Saharan Africa, which is 949.72 billion constant LCU, 1% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.41 billion constant LCU | 2.41 billion constant LCU | 2.41 billion constant LCU | 1 |
| 2010s | 4.73 billion constant LCU | 4.00 billion constant LCU | 5.27 billion constant LCU | 10 |
| 2020s | 5.54 billion constant LCU | 4.15 billion constant LCU | 6.61 billion constant LCU | 5 |
Countries ranked near Zimbabwe
More economy & growth data for Zimbabwe
- Real gdp growth, annual growth rate -67.36 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 139.91 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.1973 units per person (2025)
- SDRs holdings, SDR, annual growth rate 128.46 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.1441 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Zimbabwe?
- Gross fixed capital formation in Zimbabwe was 6.61 billion constant LCU 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 6.61 billion constant LCU in 2024.
- What is the lowest gross fixed capital formation recorded in Zimbabwe?
- The lowest recorded value was 2.41 billion constant LCU in 2009.
- How does Zimbabwe rank for gross fixed capital formation?
- Zimbabwe ranks 140th out of 168 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 LCU). 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 varies by country. This series is expressed in local currency units.