Zimbabwe - Economic Forecasts - 2018-2020 Outlook

This page has economic forecasts for Zimbabwe including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Zimbabwe economy.


MARKETS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Stock Market 394.35
Points		 315 320 326 324 324
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Annual Growth Rate 2.90
percent		 -1.4 -1.4 3.65 3.6 4.9
GDP 17.85
USD Billion		 18.9 18.9 20 20 22
GDP per capita 927.40
USD		 935 934 943 943 939
GDP Per Capita Ppp 1899.80
USD		 1899 1913 1930 1930 1923
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 5.16
percent		 5.3 5.3 5.32 5.35 5.4
Population 16.30
million		 16.36 16.32 16.32 16.33 16.37
Wages High Skilled 920.00
USD/Month		 950 950 970 969 1000
Wages Low Skilled 267.00
USD/Month		 297 297 297 289 320
Living Wage Family 465.00
USD/Month		 500 500 520 465 520
Living Wage Individual 275.00
USD/Month		 275 275 275 275 275
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 2.91
percent		 1.7 2.3 5.2 4.9 6.7
Food Inflation 4.89
percent		 3.5 4 4.5 4.6 5
Inflation Rate Mom -0.10
percent		 0.1 0.1 0.08 0.08 0.08
Cpi Housing Utilities 95.50
Index Points		 95.12 94.88 94.66 94.46 93.39
CPI Transportation 97.20
Index Points		 98.65 101 102 102 114
Consumer Price Index Cpi 99.70
Index Points		 98.45 102 105 105 115
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 9.32
percent		 10 10 9.25 9.75 9
Money Supply M1 6659122.00
USD Thousands		 7300718 7660910 8009631 8347990 11220704
Money Supply M2 8033762.00
USD Thousands		 8577480 8883366 9171659 9443387 11434374
Money Supply M3 8117727.00
USD Thousands		 8683600 9013710 9336987 9653601 12482217
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -317.23
USD Million		 -334 -336 -335 -337 -341
Exports 288.55
USD Million		 294 300 302 303 304
Imports 605.78
USD Million		 629 634 637 640 645
Current Account -552.80
USD Million		 -272 -133 -121 -108 -1594
Current Account to GDP -5.60
percent		 -8 -8 -9 -9 -6
Terrorism Index 0.20
 0.49 0.39 0.46 0.53 0.61
Tourist Arrivals 2422930.00
 2296875 2372700 2373600 2374500 2526000
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 77.60
percent		 75 75 80 80 77
Government Budget -1.10
percent of GDP		 -1.62 -1.57 -1.71 -1.84 -1.56
Military Expenditure 332.36
USD Million		 270 267 260 253 219
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Internet Speed 3698.48
KBps		 2939 2872 2808 2765 2559
IP Addresses 37456.00
IP		 36860 36512 36335 36727 36518
Ease of Doing Business 159.00
 161 161 161 161 162
Corruption Index 22.00
Points		 23 22 23 23 25
Corruption Rank 157.00
 155 155 154 154 155
Competitiveness Index 3.32
Points		 3.26 3.26 3.18 3.16 3.05
Competitiveness Rank 124.00
 124 124 127 128 129
TAXES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Corporate Tax Rate 25.00
percent		 25 25 25 25 25
Personal Income Tax Rate 50.00
percent		 50 50 47.25 47 45
Sales Tax Rate 15.00
percent		 15 15 15 15 15
CLIMATE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Temperature 19.76
celsius		 18.66 24.08 23.34 21.78 21.63