Zimbabwe's gross fixed capital formation (current LCU) was 65.23 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 8.7 million% from 749,700 in 2014 (211.86% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 65.23 billion | 2024 |
| Five years earlier | 9.09 million | 2019 |
| Ten years earlier | 749,700 | 2014 |
| Highest | 65.23 billion | 2024 |
| Lowest | 46,100 | 2005 |
| Average since 2015 | 7.26 billion | 2015–2024 |
| First recorded | 85,425 |
What the numbers say
In 2024, Zimbabwe's gross fixed capital formation (current LCU) rose 897.9% on 2023 (from 6.54 billion to 65.23 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +112.2% and a typical year strayed about 242.5% from that (the standard deviation). This year's change was 3.2 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 1,064% in 2023 and the biggest yearly fall was 86.7% in 1999. 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 3.86 billion a year. A straight line explains 33% 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.
How it compares
In 2024, Zimbabwe had the 16th highest value of the 38 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.
Closest to Zimbabwe in the 2024 ranking
- Bhutan — 13th of 38: 118.01 billion
- Ghana — 14th of 38: 115.23 billion
- New Zealand — 15th of 38: 100.99 billion
- Bolivia — 17th of 38: 62.99 billion
- Tajikistan — 18th of 38: 47.11 billion
- Maldives — 19th of 38: 37.86 billion
What this measures
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 series is expressed in local currency units.
All 65 values
| Year | Gross fixed capital formation (current LCU) |
|---|---|
| 2024 | 65,228,232,800 |
| 2023 | 6,536,649,200 |
| 2022 | 561,580,700 |
| 2021 | 158,391,800 |
| 2020 | 55,434,200 |
| 2019 | 9,085,200 |
| 2018 | 3,078,000 |
| 2017 | 2,920,500 |
| 2016 | 806,600 |
| 2015 | 798,600 |
| 2014 |
Gross fixed capital formation (current LCU) in nearby economies
- Angola — 11.05 trillion (2024)
- Benin — 5.07 trillion (2025)
- Botswana — 75.95 billion (2025)
- Burkina Faso — 2.69 trillion (2025)
- Cameroon — 6.63 trillion (2025)
- Central African Republic — 263.76 billion (2025)
- Chad — 2.05 trillion (2025)
- Comoros — 93.81 billion (2025)
- Congo, Dem. Rep. — 70.15 trillion (2025)
- Congo, Rep. — 2.76 trillion (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 fixed capital formation (current LCU)?
- 65.23 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1960?
- It is up 76.36 million% from 85,425 in 1960 (23.57% a year on average, compounded). The highest value was 65.23 billion in 2024 and the lowest 46,100 in 2005.
- How does Zimbabwe rank?
- 16th highest of 38 economies with data for 2024.
- Is the latest change in gross fixed capital formation (current LCU) unusual for Zimbabwe?
- In 2024, Zimbabwe's gross fixed capital formation (current LCU) rose 897.9% on 2023 (from 6.54 billion to 65.23 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was +112.2% and a typical year strayed about 242.5% from that (the standard deviation). This year's change was 3.2 standard deviations above that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator NE.GDI.FTOT.CN, 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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