Economic Policy & Debt · Zimbabwe
Yearly data from 2009 to 2024, from the World Bank.
Zimbabwe's gross capital formation (constant LCU) was 6.85 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 111.69% from 3.23 billion in 2014 (7.79% a year on average, compounded).
| Value | Year | |
|---|---|---|
| Latest | 6.85 billion | 2024 |
| Five years earlier | 4.69 billion | 2019 |
| Ten years earlier | 3.23 billion | 2014 |
| Highest | 6.85 billion | 2024 |
| Lowest | 2.22 billion | 2009 |
| Average since 2015 | 5.04 billion | 2015–2024 |
| First recorded | 2.22 billion | 2009 |
Over five years it is up 46.08% from 4.69 billion in 2019 (7.87% a year on average, compounded). Since 2009 it is up 208.87% from 2.22 billion in 2009 (7.81% a year on average, compounded).
In 2024, Zimbabwe's gross capital formation (constant LCU) rose 1.1% on 2023 (from 6.77 billion to 6.85 billion).
Across the 14 yearly changes before that (2010 to 2023), the average change was +10% and a typical year strayed about 21% from that (the standard deviation). This year's change was 0.4 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 61.1% in 2010 and the biggest yearly fall was 17.4% in 2012. 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 the straight-line trend is upward, about 416.27 million a year. A straight line explains 92% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
In 2024, Zimbabwe had the 19th 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.
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
| Year | Gross capital formation (constant LCU) |
|---|---|
| 2024 | 6,847,244,100 |
| 2023 | 6,771,443,800 |
| 2022 | 5,723,323,700 |
| 2021 | 6,205,177,000 |
| 2020 | 4,726,448,600 |
| 2019 | 4,687,448,700 |
| 2018 | 4,944,473,300 |
| 2017 | 3,589,183,600 |
| 2016 | 3,439,249,200 |
| 2015 | 3,417,527,100 |
| 2014 | 3,234,629,600 |
| 2013 | 2,869,354,600 |
| 2012 | 3,035,450,500 |
| 2011 | 3,673,271,600 |
| 2010 | 3,571,741,900 |
| 2009 | 2,216,892,200 |
Every indicator for Zimbabwe is on the Zimbabwe data page.
World Bank, World Development Indicators, indicator NE.GDI.TOTL.KN, 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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