Gross capital formation rose 10.2% to USD 8,672 bil in Zambia in 2023, according to the National Statistical Office.
Historically, gross capital formation in Zambia reached an all time high of USD 10,609 bil in 2017 and an all time low of USD 0.099 bil in 1964. When compared to Zambia's main peers, gross capital formation in Angola amounted to USD 20,183 bil, USD 32,417 bil in Tanzania, USD 5,734 bil in Zimbabwe and USD 21,436 bil in Dem. Republic of the Congo in 2023.
Zambia has been ranked 90th within the group of 153 countries we follow in terms of gross capital formation, 3 places below the position seen 10 years ago.
Gross Capital Formation (USD) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Angola | USD bil | 14,197 | 12,558 | 12,848 | 17,582 | 27,411 | ||||||||||||||||
Botswana | USD bil | 4,412 | 5,155 | 4,896 | 5,131 | 5,444 | ||||||||||||||||
Central African Republic | USD bil | 577 | 578 | 605 | 638 | 580 | ||||||||||||||||
Congo | USD bil | 4,362 | 3,620 | 2,722 | 3,258 | 3,318 | ||||||||||||||||
Dem. Republic of the Congo | USD bil | 9,800 | 10,663 | 11,985 | 15,227 | 20,705 | ||||||||||||||||
Kenya | USD bil | 17,865 | 19,415 | 19,781 | 22,370 | 21,807 | ||||||||||||||||
Mozambique | USD bil | 6,905 | 6,336 | 6,381 | 6,527 | 8,159 | ||||||||||||||||
Namibia | USD bil | 2,041 | 1,923 | 1,474 | 2,172 | 2,511 | ||||||||||||||||
South Africa | USD bil | 65,533 | 61,595 | 41,725 | 53,858 | 62,727 | ||||||||||||||||
Tanzania | USD bil | 21,876 | 24,244 | 25,599 | 28,041 | 31,117 | ||||||||||||||||
Uganda | USD bil | 8,011 | 9,025 | 9,105 | 9,762 | 11,027 | ||||||||||||||||
Zambia | USD bil | ... | ... | ... | ... | ... | ... | 10,153 | 9,151 | 5,848 | 6,931 | 7,869 | ... | |||||||||
Zimbabwe | USD bil | 4,833 | 3,549 | 3,532 | 4,224 | 4,791 |