Zimbabwe's gross capital formation (annual % growth) was 1.12% in 2024, the latest year in the World Bank's World Development Indicators. That is down 11.61 percentage points from 12.73% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 1.12% | 2024 |
| Five years earlier | -5.2% | 2019 |
| Ten years earlier | 12.73% | 2014 |
| Highest | 61.11% | 2010 |
| Lowest | -17.36% | 2012 |
| Average since 2015 | 8.7% | 2015–2024 |
| First recorded | 61.11% | 2010 |
What the numbers say
In 2024, Zimbabwe's gross capital formation (annual % growth) fell 17.19 percentage points on 2023 (from 18.31% to 1.12%).
Across the 13 yearly changes before that (2011 to 2023), the average change was −3.29 percentage points and a typical year strayed about 29.38 percentage points from that (the standard deviation). This year's change was 0.5 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 33.4 percentage points in 2018 and the biggest yearly fall was 58.27 percentage points in 2011. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains less than 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Zimbabwe had the 21st highest value of the 31 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Zimbabwe | 1.12% | 2024 |
| World | 2.87% | 2025 |
| Sub-Saharan Africa | 5.43% | 2025 |
| Lower middle income | 6.24% | 2025 |
Closest to Zimbabwe in the 2024 ranking
- Cuba — 18th of 31: 3.31%
- Angola — 19th of 31: 2.65%
- Solomon Islands — 20th of 31: 1.88%
- Japan — 22nd of 31: -0.82%
- New Zealand — 23rd of 31: -3.46%
- Tajikistan — 24th of 31: -4.4%
What this measures
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 15 values
| Year | Gross capital formation (annual % growth) |
|---|---|
| 2024 | 1.12 |
| 2023 | 18.31 |
| 2022 | -7.77 |
| 2021 | 31.29 |
| 2020 | 0.832 |
| 2019 | -5.2 |
| 2018 | 37.76 |
| 2017 | 4.36 |
| 2016 | 0.6356 |
| 2015 | 5.65 |
| 2014 |
Gross capital formation (annual % growth) in nearby economies
- Angola — 2.65% (2024)
- Benin — 10.7% (2025)
- Botswana — 14.01% (2024)
- Burkina Faso — 14.81% (2025)
- Cabo Verde — 13.08% (2025)
- Cameroon — 10.09% (2025)
- Central African Republic — -8.65% (2025)
- Chad — 9.33% (2025)
- Comoros — 3.79% (2025)
- Congo, Dem. Rep. — 2.45% (2025)
More economic policy & debt data for Zimbabwe
- Gross Value Added (GVA) at basic prices (current US$) — US$48.51 billion (2025)
- Gross Value Added (GVA) at basic prices (current LCU) — 1.54 trillion (2025)
- GDP (current US$) — US$51.22 billion (2025)
- GDP (current LCU) — 1.63 trillion (2025)
- GDP (constant 2015 US$) — US$25.48 billion (2025)
- GDP (constant LCU) — 74.26 billion (2025)
- GDP per capita (current US$) — US$3,021 (2025)
- GDP per capita (current LCU) — 96,071 (2025)
- GDP per capita (constant 2015 US$) — US$1,503 (2025)
- GDP per capita (constant LCU) — 4,381 (2025)
- GNI (current US$)
Reading data like this
Questions people ask
- What is Zimbabwe's gross capital formation (annual % growth)?
- 1.12% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2010?
- It is down 60 percentage points from 61.11% in 2010. The highest value was 61.11% in 2010 and the lowest -17.36% in 2012.
- How does Zimbabwe rank?
- 21st highest of 31 economies with data for 2024.
- Is the latest change in gross capital formation (annual % growth) unusual for Zimbabwe?
- In 2024, Zimbabwe's gross capital formation (annual % growth) fell 17.19 percentage points on 2023 (from 18.31% to 1.12%). Across the 13 yearly changes before that (2011 to 2023), the average change was −3.29 percentage points and a typical year strayed about 29.38 percentage points from that (the standard deviation). This year's change was 0.5 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NE.GDI.TOTL.KD.ZG, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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