Economic Trivia

Zimbabwe is ranked as the fastest growing market in Africa.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2019): South Africa, Singapore, and United Arab Emirates
Top 3 Exported Goods (2019): Precious Stones & Metals, Tobacco, and Ores

Top Industries Source: CIA World Factbook

Mining (Coal, Gold, Platinum, Copper, Nickel, Tin, Diamonds, Clay, Numerous Metallic and Nonmetallic Ores); Steel; Wood Products; Cement

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $52,555,817,166 (2020)
GDP Growth Rate (annual %) -6.249% (2020)
GDP Per Capita, PPP (current international) $3,536 (2020)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 111/197 (2020)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 10.619% (2018)
External debt stocks, total (DOD, current US$) $12,740,664,732 (2020)
Total tax rate (% of commercial profits) 31.6% (2019)
Real Interest Rate (5 year average %) -79.803% (2020)
Manufacturing, value added (% of GDP) 18.43% (2020)
Current Account Balance (BoP, current US$) $1,096,259,600 (2020)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 6,985,536 (2020)
Employment in Agriculture (% of total employment) 66.27% (2020)
Employment in Industry (% of total employment) 6.545% (2020)
Employment in Services (% of total employment) 27.186% (2020)
Unemployment Rate 5.73% (2020)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $7,003,800,738 (2020)
Exports of goods and services (current US$) $6,715,438,966 (2020)
Total Merchandise Trade (% of GDP) 52.063% (2020)
FDI, net inflows (BoP, current US$) $280,000,000 (2019)
Commercial Service Exports (current US$) $313,279,565 (2020)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Zimbabwe’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Sources

  1. The World Bank