Gross fixed capital formation in Zimbabwe
Zimbabwe: Gross fixed capital formation was 3.29 billion current US$ in 2024. ◆ Volatile
Latest (2024)
3.29 billion current US$
Change on year
down 5.1%
World rank
137th
of 181 countries
All-time high
5.82 billion current US$
in 2017
All-time low
115.25 million current US$
in 2005
Years of data
65
1960–2024
Gross fixed capital formation in Zimbabwe, 1960–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross fixed capital formation in Zimbabwe is 3.29 billion current US$, measured in 2024.
Compared with earlier readings it is down 5.1% on the previous year and up 75.7% over ten years.
Over the whole period, gross fixed capital formation in Zimbabwe peaked at 5.82 billion current US$ in 2017 and was at its lowest, 115.25 million current US$, in 2005.
That places Zimbabwe 137th out of 181 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Zimbabwe, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 213.56 million current US$ | — |
| 1961 | 202.32 million current US$ | -5.3% |
| 1962 | 157.36 million current US$ | -22.2% |
| 1963 | 147.73 million current US$ | -6.1% |
| 1964 | 138.09 million current US$ | -6.5% |
| 1965 | 154.15 million current US$ | +11.6% |
| 1966 | 136.49 million current US$ | -11.5% |
| 1967 | 167.00 million current US$ | +22.4% |
| 1968 | 237.65 million current US$ | +42.3% |
| 1969 | 228.01 million current US$ | -4.1% |
| 1970 | 281.00 million current US$ | +23.2% |
| 1971 | 355.91 million current US$ | +26.7% |
| 1972 | 444.21 million current US$ | +24.8% |
| 1973 | 646.63 million current US$ | +45.6% |
| 1974 | 828.37 million current US$ | +28.1% |
| 1975 | 941.52 million current US$ | +13.7% |
| 1976 | 782.81 million current US$ | -16.9% |
| 1977 | 692.00 million current US$ | -11.6% |
| 1978 | 577.44 million current US$ | -16.6% |
| 1979 | 666.38 million current US$ | +15.4% |
| 1980 | 942.37 million current US$ | +41.4% |
| 1981 | 1.38 billion current US$ | +46.4% |
| 1982 | 1.57 billion current US$ | +13.8% |
| 1983 | 1.40 billion current US$ | -10.7% |
| 1984 | 1.08 billion current US$ | -22.9% |
| 1985 | 805.30 million current US$ | -25.5% |
| 1986 | 937.13 million current US$ | +16.4% |
| 1987 | 1.09 billion current US$ | +16.0% |
| 1988 | 1.22 billion current US$ | +12.0% |
| 1989 | 1.16 billion current US$ | -4.6% |
| 1990 | 1.60 billion current US$ | +37.8% |
| 1991 | 1.78 billion current US$ | +11.2% |
| 1992 | 1.51 billion current US$ | -15.1% |
| 1993 | 1.55 billion current US$ | +2.6% |
| 1994 | 1.47 billion current US$ | -4.9% |
| 1995 | 1.75 billion current US$ | +18.7% |
| 1996 | 1.54 billion current US$ | -11.7% |
| 1997 | 1.54 billion current US$ | -0.2% |
| 1998 | 1.32 billion current US$ | -14.3% |
| 1999 | 175.25 million current US$ | -86.7% |
| 2000 | 789.75 million current US$ | +350.6% |
| 2001 | 821.75 million current US$ | +4.1% |
| 2002 | 645.50 million current US$ | -21.4% |
| 2003 | 791.50 million current US$ | +22.6% |
| 2004 | 296.75 million current US$ | -62.5% |
| 2005 | 115.25 million current US$ | -61.2% |
| 2006 | 121.25 million current US$ | +5.2% |
| 2007 | 269.00 million current US$ | +121.9% |
| 2008 | 145.25 million current US$ | -46.0% |
| 2009 | 960.25 million current US$ | +561.1% |
| 2010 | 2.05 billion current US$ | +113.4% |
| 2011 | 2.06 billion current US$ | +0.7% |
| 2012 | 2.08 billion current US$ | +0.8% |
| 2013 | 1.75 billion current US$ | -15.7% |
| 2014 | 1.87 billion current US$ | +6.9% |
| 2015 | 2.00 billion current US$ | +6.5% |
| 2016 | 2.02 billion current US$ | +1.0% |
| 2017 | 5.82 billion current US$ | +188.5% |
| 2018 | 3.77 billion current US$ | -35.2% |
| 2019 | 2.34 billion current US$ | -38.1% |
| 2020 | 2.16 billion current US$ | -7.5% |
| 2021 | 3.52 billion current US$ | +62.9% |
| 2022 | 3.10 billion current US$ | -11.9% |
| 2023 | 3.47 billion current US$ | +12.0% |
| 2024 | 3.29 billion current US$ | -5.1% |
Zimbabwe compared with similar countries
- Zimbabwe's 3.29 billion current US$ is below the median for lower middle income countries, which is 5.47 billion current US$, 60% of the median. (45 countries reporting)
- Zimbabwe's 3.29 billion current US$ is below the median for Sub-Saharan Africa, which is 4.33 billion current US$, 76% of the median. (42 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation in Zimbabwe changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +561.1% | 145.25 million current US$ | 960.25 million current US$ |
| 2000 | +350.6% | 175.25 million current US$ | 789.75 million current US$ |
| 2017 | +188.5% | 2.02 billion current US$ | 5.82 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 178.24 million current US$ | 136.49 million current US$ | 237.65 million current US$ | 10 |
| 1970s | 621.63 million current US$ | 281.00 million current US$ | 941.52 million current US$ | 10 |
| 1980s | 1.16 billion current US$ | 805.30 million current US$ | 1.57 billion current US$ | 10 |
| 1990s | 1.42 billion current US$ | 175.25 million current US$ | 1.78 billion current US$ | 10 |
| 2000s | 495.62 million current US$ | 115.25 million current US$ | 960.25 million current US$ | 10 |
| 2010s | 2.58 billion current US$ | 1.75 billion current US$ | 5.82 billion current US$ | 10 |
| 2020s | 3.11 billion current US$ | 2.16 billion current US$ | 3.52 billion current US$ | 5 |
Countries ranked near Zimbabwe
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$), annual growth rate 319.78 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation in Zimbabwe?
- Gross fixed capital formation in Zimbabwe was 3.29 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Zimbabwe?
- The highest recorded value was 5.82 billion current US$ in 2017.
- What is the lowest gross fixed capital formation recorded in Zimbabwe?
- The lowest recorded value was 115.25 million current US$ in 2005.
- How does Zimbabwe rank for gross fixed capital formation?
- Zimbabwe ranks 137th out of 181 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Zimbabwe?
- Over the last ten years it is up 75.7%. The long-run trend across the full record is volatile.
- Where does this Zimbabwe data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross fixed capital formation (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 indicator is expressed in United States dollars.