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ECON FACTBOOK

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Economy of Zimbabwe

Population: 14.1 million in 20131

GDP: $12.8 billion in 20132

GDP per capita: $953 nominal3 ($1,700 PPP4) in 2013

GDP growth rate: 4.5% in 20135

Industries

GDP by Industry 20126

Industry sectorValue added ($ millions) 2012Percent of total
Other activities1,98125.2%
Manufacturing1,40917.9%
Mining and utilities1,35317.2%
Agriculture, hunting, forestry, fishing1,22215.5%
Transport, storage and communication1,08513.8%
Wholesale, retail trade, restaurants and hotels7509.5%
Construction710.9%
Total value added7,870100%

Employment

Unemployment rate: 5.4% in 20137

Employment by Industry 19968

Employment sectorPercent of total
Agriculture66%
Services24%
Industry10%
Total100%

Corporations

Top 10 Corporations by Revenue 20139

N/A

Households

Household Wealth: $22 billion (172% of GDP) in 201410

Household Wealth per Adult: $3,221 in 201410

Gini Coefficient: .501 in 200611

Government

Central Government

Central Government Revenue: N/A

Central Government Expenditure: N/A

Central Government Budget Balance: N/A

Central Government Public Debt: N/A

Central Government 10 Year Bond Interest Rate: N/A

Government Funds

N/A

Tax Structure

Individual Income Tax Rates and Thresholds in 2014* 12

Corporate Tax Rate: 25.75% in 201413

* Individual thresholds calculated using the exchange rate 362 ZWD = 1 USD

Monetary Policy

Money Supply (M1): $23 billion (180% of GDP) in Dec 201314

Benchmark Interest Rate: N/A

Total Reserves: $474 million (4% of GDP) in 201315

Exchange Rate: 362 Zimbabwean Dollars = 1 U.S. Dollar on Feb 15, 201516

Inflation: 99% in Dec 201417

Financial Institutions

Top 10 Financial Institutions by Assets 201318

N/A (data not available at Relbanks.com)

International Accounts

Exports: $3.1 billion (24% of GDP) in 201319

Imports: $4.6 billion (36% of GDP) in 201319

Trade Balance: -$1.5 billion (-12% of GDP) in 201319

Foreign Direct Investment Inflow: $400 million (3% of GDP) in 201320

Foreign Direct Investment Outflow: N/A

Foreign Aid Inflow: $1.0 billion (8% of GDP) in 201221

Foreign Aid Outflow: N/A

References

1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: CIA World Factbook (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: CIA World Factbook (Gini coefficient) Go back
12. Source: KPMG Fiscal Guide (Individual tax rates) Go back
13. Source: Tax Foundation (Corporate tax rate) Go back
14. Source: CIA World Factbook (Money supply) Go back
15. Source: World Bank Indicators (Total reserves) Go back
16. Source: xe.com (Exchange rate) Go back
17. Source: Reserve Bank of Zimbabwe (Inflation rate) Go back
18. Source: Relbanks.com (Financial institutions by assets) Go back
19. Source: CIA World Factbook (Trade data) Go back
20. Source: World Bank Indicators (FDI data) Go back
21. Source: World Bank Indicators (Aid data) Go back