Gross fixed capital formation (current LCU), annual growth rate in Zambia
Zambia: Gross fixed capital formation (current LCU), annual growth rate was -2.94 % change on previous year in 2024. ◆ Volatile
Gross fixed capital formation (current LCU), annual growth rate in Zambia, 2011–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross fixed capital formation (current lcu), annual growth rate in Zambia stood at -2.94 % change on previous year.
That represents a change of down 115.6% on the previous year and down 109.0% over ten years.
Over the whole period, gross fixed capital formation (current lcu), annual growth rate in Zambia peaked at 36 % change on previous year in 2015 and was at its lowest, -7.64 % change on previous year, in 2020.
That places Zambia 167th out of 179 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current LCU), annual growth rate in Zambia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2011 | 26.72 % change on previous year | — |
| 2012 | -1.74 % change on previous year | -106.5% |
| 2013 | 24.56 % change on previous year | -1512.8% |
| 2014 | 32.8 % change on previous year | +33.5% |
| 2015 | 36 % change on previous year | +9.8% |
| 2016 | 11.61 % change on previous year | -67.7% |
| 2017 | 21.42 % change on previous year | +84.5% |
| 2018 | 0.9481 % change on previous year | -95.6% |
| 2019 | 11.36 % change on previous year | +1098.4% |
| 2020 | -7.64 % change on previous year | -167.2% |
| 2021 | 27.09 % change on previous year | -454.8% |
| 2022 | -1.67 % change on previous year | -106.2% |
| 2023 | 18.84 % change on previous year | -1228.0% |
| 2024 | -2.94 % change on previous year | -115.6% |
Zambia compared with similar countries
- Zambia's -2.94 % change on previous year is below the median for lower middle income countries, which is 11.72 % change on previous year. (45 countries reporting)
- Zambia's -2.94 % change on previous year is below the median for Sub-Saharan Africa, which is 11.02 % change on previous year. (42 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation (current LCU), annual growth rate in Zambia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +1512.8% | -1.74 % change on previous year | 24.56 % change on previous year |
| 2023 | +1228.0% | -1.67 % change on previous year | 18.84 % change on previous year |
| 2019 | +1098.4% | 0.9481 % change on previous year | 11.36 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 18.19 % change on previous year | -1.74 % change on previous year | 36 % change on previous year | 9 |
| 2020s | 6.74 % change on previous year | -7.64 % change on previous year | 27.09 % change on previous year | 5 |
Countries ranked near Zambia
- 164 Greenland -2.34 % change on previous year compare
- 165 Trinidad and Tobago -2.42 % change on previous year compare
- 166 New Zealand -2.65 % change on previous year compare
- 168 Namibia -3.41 % change on previous year compare
- 169 Solomon Islands -3.78 % change on previous year compare
- 170 Seychelles -4.66 % change on previous year compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 310.54 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0123 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 14.57 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 2.36 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 268.02 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0932 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 110.69 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 28.89 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation (current lcu), annual growth rate in Zambia?
- Gross fixed capital formation (current lcu), annual growth rate in Zambia was -2.94 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current lcu), annual growth rate recorded in Zambia?
- The highest recorded value was 36 % change on previous year in 2015.
- What is the lowest gross fixed capital formation (current lcu), annual growth rate recorded in Zambia?
- The lowest recorded value was -7.64 % change on previous year in 2020.
- How does Zambia rank for gross fixed capital formation (current lcu), annual growth rate?
- Zambia ranks 167th out of 179 countries with data for 2024.
- Is gross fixed capital formation (current lcu), annual growth rate rising or falling in Zambia?
- Over the last ten years it is down 109.0%. The long-run trend across the full record is volatile.
- Where does this Zambia data come from?
- The figures come from Statizoid (derived), published as part of Gross fixed capital formation (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross fixed capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.