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%.
Zimbabwe GDP from 1990 to 2024
The total market value of goods and services produced annually in Zimbabwe.
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.
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 |