Gross fixed capital formation in Zambia
Zambia: Gross fixed capital formation was 21.6% in 2024. ▼ Falling
Gross fixed capital formation in Zambia, 2010–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Zambia recorded 21.6% for gross fixed capital formation in 2024. That is the lowest value across all 15 years on record.
That represents a change of down 18.3% on the previous year and down 30.4% over ten years.
Over the whole period, gross fixed capital formation in Zambia peaked at 38.8% in 2017 and was at its lowest, 21.6%, in 2024.
That places Zambia 104th out of 181 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Gross fixed capital formation in Zambia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2010 | 25.9% | — |
| 2011 | 28.0% | +8.0% |
| 2012 | 23.9% | -14.6% |
| 2013 | 25.8% | +8.1% |
| 2014 | 31.0% | +20.3% |
| 2015 | 38.5% | +23.9% |
| 2016 | 36.4% | -5.3% |
| 2017 | 38.8% | +6.6% |
| 2018 | 35.1% | -9.7% |
| 2019 | 35.8% | +2.0% |
| 2020 | 29.8% | -16.6% |
| 2021 | 28.5% | -4.4% |
| 2022 | 25.1% | -11.9% |
| 2023 | 26.4% | +5.3% |
| 2024 | 21.6% | -18.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 31.9% | 23.9% | 38.8% | 10 |
| 2020s | 26.3% | 21.6% | 29.8% | 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)
- Manufacturing, value added (current US$), per unit of GDP 0.0875 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 115.3 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 2.2 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 2,897 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.086 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 113.36 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 722.42 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 14.41 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Zambia?
- Gross fixed capital formation in Zambia was 21.6% 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 38.8% in 2017.
- What is the lowest gross fixed capital formation recorded in Zambia?
- The lowest recorded value was 21.6% in 2024.
- How does Zambia rank for gross fixed capital formation?
- Zambia ranks 104th 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 down 30.4%. The long-run trend across the full record is falling.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
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CSV · JSON — 15 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.