Gross fixed capital formation in Zimbabwe
Zimbabwe: Gross fixed capital formation was 7.9% in 2024. ▼ Falling
Gross fixed capital formation in Zimbabwe, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Zimbabwe recorded 7.9% for gross fixed capital formation in 2024.
That represents a change of down 18.0% on the previous year and down 17.5% over ten years.
Over the whole period, gross fixed capital formation in Zimbabwe peaked at 24.6% in 1995 and was at its lowest, 2.0%, in 2005.
That places Zimbabwe 173rd out of 180 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 65 years of available data.
Gross fixed capital formation in Zimbabwe, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 20.3% | — |
| 1961 | 18.4% | -9.0% |
| 1962 | 14.1% | -23.7% |
| 1963 | 12.7% | -9.5% |
| 1964 | 11.3% | -10.9% |
| 1965 | 11.7% | +3.6% |
| 1966 | 10.6% | -9.4% |
| 1967 | 11.9% | +12.3% |
| 1968 | 16.1% | +34.4% |
| 1969 | 13.0% | -18.8% |
| 1970 | 14.9% | +14.3% |
| 1971 | 16.3% | +9.5% |
| 1972 | 16.6% | +1.6% |
| 1973 | 19.5% | +17.8% |
| 1974 | 20.8% | +6.5% |
| 1975 | 21.5% | +3.5% |
| 1976 | 18.1% | -15.8% |
| 1977 | 15.8% | -12.5% |
| 1978 | 13.3% | -16.3% |
| 1979 | 12.9% | -3.0% |
| 1980 | 14.1% | +9.6% |
| 1981 | 17.2% | +22.0% |
| 1982 | 18.4% | +6.8% |
| 1983 | 18.0% | -1.8% |
| 1984 | 17.0% | -5.7% |
| 1985 | 14.3% | -16.0% |
| 1986 | 15.1% | +5.5% |
| 1987 | 16.1% | +7.0% |
| 1988 | 15.6% | -3.4% |
| 1989 | 14.0% | -10.0% |
| 1990 | 18.2% | +30.0% |
| 1991 | 20.6% | +13.0% |
| 1992 | 22.4% | +8.6% |
| 1993 | 23.6% | +5.5% |
| 1994 | 21.4% | -9.4% |
| 1995 | 24.6% | +15.0% |
| 1996 | 18.0% | -26.6% |
| 1997 | 18.0% | +0.0% |
| 1998 | 20.6% | +14.1% |
| 1999 | 2.6% | -87.6% |
| 2000 | 11.8% | +362.0% |
| 2001 | 12.1% | +2.7% |
| 2002 | 10.2% | -16.1% |
| 2003 | 13.8% | +35.8% |
| 2004 | 5.1% | -63.0% |
| 2005 | 2.0% | -60.8% |
| 2006 | 2.2% | +11.2% |
| 2007 | 5.1% | +128.2% |
| 2008 | 3.3% | -35.3% |
| 2009 | 9.9% | +202.0% |
| 2010 | 17.0% | +71.3% |
| 2011 | 14.6% | -14.0% |
| 2012 | 12.1% | -17.0% |
| 2013 | 9.2% | -24.4% |
| 2014 | 9.6% | +4.7% |
| 2015 | 10.0% | +4.0% |
| 2016 | 9.8% | -1.9% |
| 2017 | 11.4% | +16.2% |
| 2018 | 11.0% | -3.1% |
| 2019 | 7.0% | -36.6% |
| 2020 | 6.8% | -3.5% |
| 2021 | 8.5% | +26.2% |
| 2022 | 7.6% | -10.8% |
| 2023 | 9.7% | +27.2% |
| 2024 | 7.9% | -18.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 14.0% | 10.6% | 20.3% | 10 |
| 1970s | 17.0% | 12.9% | 21.5% | 10 |
| 1980s | 16.0% | 14.0% | 18.4% | 10 |
| 1990s | 19.0% | 2.6% | 24.6% | 10 |
| 2000s | 7.6% | 2.0% | 13.8% | 10 |
| 2010s | 11.2% | 7.0% | 17.0% | 10 |
| 2020s | 8.1% | 6.8% | 9.7% | 5 |
Countries ranked near Zimbabwe
- 170 Angola 10.6% compare
- 171 Ghana 9.7% compare
- 172 Sao Tome and Principe 8.7% compare
- 174 Equatorial Guinea 6.4% compare
- 175 Yemen 6.2% compare
- 176 South Sudan 5.8% compare
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)
- Industry (including construction), value added (constant 2015 US$) 7.78 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1418 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 428.32 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 7.78 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.5046 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 1,525 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 17.46 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4817 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation in Zimbabwe?
- Gross fixed capital formation in Zimbabwe was 7.9% 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 24.6% in 1995.
- What is the lowest gross fixed capital formation recorded in Zimbabwe?
- The lowest recorded value was 2.0% in 2005.
- How does Zimbabwe rank for gross fixed capital formation?
- Zimbabwe ranks 173rd out of 180 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Zimbabwe?
- Over the last ten years it is down 17.5%. The long-run trend across the full record is falling.
- 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 (% of GDP). 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 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.