Zimbabwe's gross fixed capital formation, private sector (% of GDP) was 4.53% in 2024, the latest year in the World Bank's World Development Indicators. That is up 13.91 percentage points from -9.38% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 4.53% | 2024 |
| Five years earlier | 4.53% | 2019 |
| Ten years earlier | -9.38% | 2014 |
| Highest | 21.68% | 1995 |
| Lowest | -74.51% | 2016 |
| Average since 2015 | -3.96% | 2015–2024 |
| First recorded | 11.06% | 1979 |
What the numbers say
In 2024, Zimbabwe's gross fixed capital formation, private sector (% of GDP) fell 1.72 percentage points on 2023 (from 6.25% to 4.53%).
Across the 30 yearly changes before that (1992 to 2023), the average change was −0.1 percentage points and a typical year strayed about 20 percentage points from that (the standard deviation). This year's change was 0.1 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 81.27 percentage points in 2017 and the biggest yearly fall was 67.18 percentage points in 2016. 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 23% 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 13th highest value of the 13 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 | 4.53% | 2024 |
| Lower middle income | 22.3% | 2023 |
Closest to Zimbabwe in the 2024 ranking
- Poland — 9th of 13: 12.21%
- Angola — 10th of 13: 7.3%
- Timor-Leste — 11th of 13: 7.13%
- Lebanon — 13th of 13: 1.21%
What this measures
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. 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.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 45 values
| Year | Gross fixed capital formation, private sector (% of GDP) |
|---|---|
| 2024 | 4.53 |
| 2023 | 6.25 |
| 2022 | 4.98 |
| 2021 | 4.63 |
| 2020 | 4.04 |
| 2019 | 4.53 |
| 2018 | 6.55 |
| 2017 | 6.76 |
| 2016 | -74.51 |
| 2015 | -7.33 |
| 2014 |
Gross fixed capital formation, private sector (% of GDP) in nearby economies
- Angola — 7.3% (2024)
- Benin — 28.97% (2025)
- Burkina Faso — 10.21% (2022)
- Cameroon — 15.67% (2025)
- Chad — 11.14% (2025)
- Congo, Dem. Rep. — 12.89% (2025)
- Congo, Rep. — 17.71% (2020)
- Côte d'Ivoire — 12.67% (2025)
- Equatorial Guinea — 2.85% (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, private sector (% of GDP)?
- 4.53% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1979?
- It is down 6.53 percentage points from 11.06% in 1979. The highest value was 21.68% in 1995 and the lowest -74.51% in 2016.
- How does Zimbabwe rank?
- 13th highest of 13 economies with data for 2024.
- Is the latest change in gross fixed capital formation, private sector (% of GDP) unusual for Zimbabwe?
- In 2024, Zimbabwe's gross fixed capital formation, private sector (% of GDP) fell 1.72 percentage points on 2023 (from 6.25% to 4.53%). Across the 30 yearly changes before that (1992 to 2023), the average change was −0.1 percentage points and a typical year strayed about 20 percentage points from that (the standard deviation). This year's change was 0.1 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.FPRV.ZS, 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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