Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — Zambia

Gross capital formation (% of GDP) in Zambia in 2024 — 23.8%. Ranked 73 in the world out of 169. Since 2010, the indicator has fallen by 6.1 pp.

2024 23.8% −7.7 pp vs 2023
World rank 73of 169
Period maximum 42.8%2015
Period minimum 23.8%2024

Trend over time

2010–2024 · % of GDP

Gross capital formation (% of GDP) — Zambia, 2010–2024202530354045201020122014201620182020202220242010: 29.9%2011: 32.9%2012: 31.5%2013: 33.8%2014: 34.1%2015: 42.8%2016: 38.2%2017: 41%2018: 38.6%2019: 39.3%2020: 32.2%2021: 31.4%2022: 27%2023: 31.4%2024: 23.8%
Change over the period: −6.1 pp Annual average: -0.43 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Zambia

Zambia 23.8%
World 26.3%
Eastern Africa computed 22%
Gross capital formation (% of GDP) — Zambia, by year Zambia All countries CSV XLSX
Year % Change, pp
2024 23.8 −7.7 pp
2023 31.4 +4.5 pp
2022 27 −4.4 pp
2021 31.4 −0.9 pp
2020 32.2 −7 pp
2019 39.3 +0.7 pp
2018 38.6 −2.4 pp
2017 41 +2.8 pp
2016 38.2 −4.6 pp
2015 42.8 +8.7 pp
2014 34.1 +0.3 pp
2013 33.8 +2.3 pp
2012 31.5 −1.4 pp
2011 32.9 +3 pp
2010 29.9

About the indicator

Gross capital formation as a percent of GDP: outlays on fixed assets (buildings, structures, machinery, transport equipment, infrastructure), changes in inventories of material working assets and net acquisition of valuables. A steadily high rate of capital formation is a necessary condition for fast growth: during the economic surges of East Asia the indicator exceeded 35–40% of GDP.

Source: World Development Indicators (World Bank), license CC BY 4.0.