Zimbabwe's GDP changed from approximately $10B 144M in 1990 to $34B 405M in 2024, showing an overall 239.2% sharply increased during the period.
The lowest GDP was recorded in 2008 at $6B 707M, and the highest in 2018 at $37B 65M.
Over the 34-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 3.7%.
For comparison, the average annual growth rate of Zambia was 4.5%, and that of Mozambique was 3.7%.
Overview of Zimbabwe's GDP (1990–2024)
The Gross Domestic Product (GDP) of Zimbabwe recorded a 239.2% sharply increased from 1990 to 2024.
The average GDP during this period was $15B 930M, and the median was $11B 340M.
GDP fluctuated within a range of $30B 358M, with a standard deviation of $9B 257M.
The average annual change was $757M 168K.
Zimbabwe GDP from 1990 to 2024
The total market value of goods and services produced annually in Zimbabwe.
Highest and Lowest GDP Records
- Lowest GDP: 2008, $6B 707M
- Highest GDP: 2018, $37B 65M
- Most Recent GDP: 2024, $34B 405M
Notable Annual GDP Changes
- 2018: Significant increase in GDP
- 2019: Noticeable drop in GDP
Overall pattern: overall increase with some decline
Global Economic Events and Zimbabwe's GDP
COVID-19 Pandemic (2020)
- Period: From 2019 to 2020
- GDP Change: $26B 33M → $26B 878M
- Outcome: increased
2008 Global Financial Crisis
- Period: From 2007 to 2009
- GDP Change: $7B 785M → $9B 666M
- Outcome: sharply increased
2001 Dot-com Bubble Burst
- Period: From 2000 to 2001
- GDP Change: $11B 340M → $11B 244M
- Outcome: remained stable
1998 Asian Financial Crisis
- Period: From 1997 to 1998
- GDP Change: $10B 386M → $12B 99M
- Outcome: sharply increased
Key Economic Indicators of Zimbabwe (1990–2024)
| year | Nominal GDP | GDP per Capita | PPP per Capita | PPP GDP | GDP Growth | Current Account | Savings | Fiscal Balance | Population |
|---|---|---|---|---|---|---|---|---|---|
1980 | $ 0 | $ 0 | $ 0 | $ 0 | 0 % | 0 % | 0 % | 0 % | 7M 92K people |
1981 | $ 0 | $ 0 | $ 0 | $ 0 | 0 % | 0 % | 0 % | 0 % | 7M 300K people |
1982 | $ 0 | $ 0 | $ 0 | $ 0 | 0 % | 0 % | 0 % | 0 % | 7M 606K people |
1983 | $ 0 | $ 0 | $ 0 | $ 0 | 0 % | 0 % | 0 % | 0 % | 7M 849K people |
1984 | $ 0 | $ 0 | $ 0 | $ 0 | 0 % | 0 % | 0 % | 0 % | 8M 99K people |
1985 | $ 0 | $ 0 | $ 0 | $ 0 | 0 % | 0 % | 0 % | 0 % | 8M 385K people |
1986 | $ 0 | $ 0 | $ 0 | $ 0 | 0 % | 0 % | 0 % | 0 % | 8M 648K people |
1987 | $ 0 | $ 0 | $ 0 | $ 0 | 0 % | 0 % | 0 % | 0 % | 8M 919K people |
1988 | $ 0 | $ 0 | $ 0 | $ 0 | 0 % | 0 % | 0 % | 0 % | 9M 199K people |
1989 | $ 0 | $ 0 | $ 0 | $ 0 | 0 % | 0 % | 0 % | 0 % | 9M 488K people |
1990 | $ 10B 144M | $ 1,036.53 | $ 0 | $ 0 | 0 % | -2.534 % | 0 % | 0 % | 9M 786K people |
1991 | $ 9B 450M | $ 936.26 | $ 0 | $ 0 | 0 % | -5.788 % | 0 % | 0 % | 10M 93K people |
1992 | $ 7B 793M | $ 748.65 | $ 0 | $ 0 | 0 % | -10.804 % | 0 % | 0 % | 10M 410K people |
1993 | $ 7B 569M | $ 702.44 | $ 0 | $ 0 | 0 % | -4.109 % | 0 % | 0 % | 10M 776K people |
1994 | $ 7B 959M | $ 714.03 | $ 0 | $ 0 | 0 % | -3.995 % | 0 % | 0 % | 11M 147K people |
1995 | $ 8B 263M | $ 717.09 | $ 0 | $ 0 | 0 % | -4.466 % | 0 % | 0 % | 11M 523K people |
1996 | $ 10B 117M | $ 849.88 | $ 0 | $ 0 | 0 % | -1.779 % | 0 % | 0 % | 11M 905K people |
1997 | $ 10B 386M | $ 881.22 | $ 0 | $ 0 | 0 % | -7.717 % | 0 % | 0 % | 11M 786K people |
1998 | $ 12B 99M | $ 1,029.20 | $ 2,440.83 | $ 28B 694M | 0 % | -1.312 % | 0 % | 0 % | 11M 756K people |
1999 | $ 11B 769M | $ 1,003.83 | $ 2,454.56 | $ 28B 776M | -1.111 % | 2.07 % | 0 % | 0 % | 11M 724K people |