Gross fixed capital formation in Zambia
Zambia: Gross fixed capital formation was 143.03 billion current LCU in 2024. ▲ Rising
Gross fixed capital formation in Zambia, 2010–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross fixed capital formation in Zambia is 143.03 billion current LCU, measured in 2024.
Compared with earlier readings it is down 2.9% on the previous year and up 175.9% over ten years.
Over the whole period, gross fixed capital formation in Zambia peaked at 147.36 billion current LCU in 2023 and was at its lowest, 25.17 billion current LCU, in 2010.
Zambia ranks 105th of 181 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Gross fixed capital formation in Zambia, year by year
| Year | current LCU | Change |
|---|---|---|
| 2010 | 25.17 billion current LCU | — |
| 2011 | 31.90 billion current LCU | +26.7% |
| 2012 | 31.34 billion current LCU | -1.7% |
| 2013 | 39.04 billion current LCU | +24.6% |
| 2014 | 51.85 billion current LCU | +32.8% |
| 2015 | 70.52 billion current LCU | +36.0% |
| 2016 | 78.70 billion current LCU | +11.6% |
| 2017 | 95.56 billion current LCU | +21.4% |
| 2018 | 96.47 billion current LCU | +0.9% |
| 2019 | 107.43 billion current LCU | +11.4% |
| 2020 | 99.23 billion current LCU | -7.6% |
| 2021 | 126.11 billion current LCU | +27.1% |
| 2022 | 124.01 billion current LCU | -1.7% |
| 2023 | 147.36 billion current LCU | +18.8% |
| 2024 | 143.03 billion current LCU | -2.9% |
Zambia compared with similar countries
- Zambia's 143.03 billion current LCU is below the median for lower middle income countries, which is 457.10 billion current LCU, 31% of the median. (45 countries reporting)
- Zambia's 143.03 billion current LCU is below the median for Sub-Saharan Africa, which is 1.15 trillion current LCU, 12% of the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 62.80 billion current LCU | 25.17 billion current LCU | 107.43 billion current LCU | 10 |
| 2020s | 127.95 billion current LCU | 99.23 billion current LCU | 147.36 billion current LCU | 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)
- 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 in Zambia?
- Gross fixed capital formation in Zambia was 143.03 billion current 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 Zambia?
- The highest recorded value was 147.36 billion current LCU in 2023.
- What is the lowest gross fixed capital formation recorded in Zambia?
- The lowest recorded value was 25.17 billion current LCU in 2010.
- How does Zambia rank for gross fixed capital formation?
- Zambia ranks 105th out of 181 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Zambia?
- Over the last ten years it is up 175.9%. The long-run trend across the full record is rising.
- 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 fixed capital formation (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.