Zimbabwe Economy: GDP, Inflation, CPI & Interest Rates

This chart displays Economic Growth (GDP, annual variation in %) for Zimbabwe from 2013 to 2023.

Zimbabwe Economic Indicators

	2019	2020	2021	2022	2023
Population (million)	15.3	15.6	15.9	16.2	16.6
GDP (USD bn)	26.0	26.9	36.0	32.5	-
GDP per capita (USD)	1,705	1,725	2,265	2,004	-
Economic Growth (GDP, ann. var. %)	-6.3	-7.8	8.5	6.1	5.3
Fiscal Balance (% of GDP)	-0.9	0.3	-2.2	-6.0	-6.2
Public Debt (% of GDP)	82.3	84.5	58.2	102.1	96.7
Inflation (CPI, ann. var. %, aop)	255.3	-11.2	7.9	28.3	6.7
Exchange Rate (ZWD per USD, eop)	16.82	81.79	108.67	671.45	6,074.20
Exchange Rate (ZWD per USD, aop)	6.09	54.57	89.88	391.53	3,658.07
Current Account Balance (USD bn)	0.9	1.1	0.3	0.3	0.1
Current Account Balance (% of GDP)	3.5	4.1	1.0	1.0	-
Merchandise Trade Balance (USD bn)	0.2	0.2	-0.8	-1.1	-1.5
Merchandise Exports (USD bn)	4.7	4.9	6.4	7.0	7.2
Merchandise Imports (USD bn)	4.5	4.7	7.1	8.1	8.7
Merchandise Exports (ann. var. %)	-0.3	5.7	29.0	10.1	2.9
Merchandise Imports (ann. var. %)	-32.1	5.1	51.2	13.9	6.4
Foreign Direct Investment (USD bn)	0.3	0.2	0.3	0.4	0.6
International Reserves (USD bn)	0.2	0.0	0.8	0.6	0.1
International Reserves (months of imports)	0.4	0.1	1.4	0.9	0.2
External Debt (USD bn)	12.2	12.7	13.8	13.8	14.2
External Debt (% of GDP)	47.1	47.4	38.4	42.5	-