Zimbabwe | Economic Forecasts | 2017-2020 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.


GDP Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
GDP Annual Growth Rate 0.60 4 3.1 3.5 3.5 4.9 percent [+]
GDP 16.29 16.21 15.86 16.26 16.25 17.4 USD Billion [+]
GDP per capita 908.80 904 901 900 899 898 USD [+]
GDP Per Capita Ppp 1859.90 1829 1801 1802 1804 1786 USD [+]
LABOUR Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 11.30 11.45 11.55 11.58 11.61 11.98 percent [+]
Population 16.15 16.43 16.52 16.61 16.71 17.65 million [+]
Wages High Skilled 907.00 1051 1109 1148 1075 968 USD/Month [+]
Wages Low Skilled 382.00 360 362 361 361 361 USD/Month [+]
Living Wage Family 490.00 490 490 490 490 490 USD/Month [+]
Living Wage Individual 411.20 427 426 426 426 426 USD/Month [+]
PRICES Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Inflation Rate 0.14 2 3 3.9 4.6 6.7 percent [+]
Food Inflation 1.92 2.3 3 3.2 3.4 5 percent [+]
CPI Transportation 97.30 97.48 97.45 97.47 97.45 97.45 Index Points [+]
Consumer Price Index Cpi 96.40 96.81 96.83 96.93 97.06 97.45 Index Points [+]
Inflation Rate Mom -0.10 -0.05 -0.01 -0.03 -0.03 -0.03 percent [+]
MONEY Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Interest Rate 9.01 10.4 10 10 10 9 percent [+]
Money Supply M1 4580471.00 5215367 5644687 6053988 6444143 9470191 USD Thousands [+]
Money Supply M2 6138889.00 6777667 7228827 7663399 8082521 11538237 USD Thousands [+]
Money Supply M3 6200282.00 6521265 6761670 6994362 7217228 9172387 USD Thousands [+]
Deposit Interest Rate 121.50 180 190 167 144 64.14 percent [+]
TRADE Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Balance of Trade -197.50 -293 -309 -320 -328 -345 USD Million [+]
Exports 291.87 279 278 278 278 278 USD Million [+]
Imports 489.37 642 664 680 690 712 USD Million [+]
Current Account -2595.30 -2352 -2272 -2230 -2189 -2158 USD Million [+]
Current Account to GDP -9.20 -11 -11 -8 -8 -6 percent [+]
Terrorism Index 0.41 1.15 0.94 0.93 0.91 1 [+]
Tourist Arrivals 2056588.00 1834367 1827144 1815049 1802954 1790130 [+]
GOVERNMENT Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Government Debt to GDP 84.20 88 88 75 75 77 percent [+]
Government Budget -1.70 -1.81 -1.9 -1.95 -2 -2.01 percent of GDP [+]
Military Expenditure 362.60 284 283 275 267 229 USD Million [+]
BUSINESS Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Ease of Doing Business 161.00 161 162 162 162 162 [+]
Corruption Index 22.00 21.8 21.8 21.8 21.8 24.81 Points [+]
Corruption Rank 154.00 155 157 156 156 155 [+]
Competitiveness Index 3.41 3.42 3.42 3.36 3.34 3.25 Points [+]
Competitiveness Rank 126.00 123 123 126 127 133 [+]
TAXES Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Corporate Tax Rate 25.75 25.75 25.75 25.75 25.75 25.75 percent [+]
Personal Income Tax Rate 50.00 45.3 44.48 44.25 44.02 44.35 percent [+]
Sales Tax Rate 15.00 15 15 15 15 15 percent [+]