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 Q2/18 Q3/18 Q4/18 Q1/19 2020
Stock Market 350.02
Points		 243 215 199 192 187
GDP Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Annual Growth Rate 2.90
percent		 -1.4 -1.4 -1.4 3.65 4.9
GDP 16.29
USD Billion		 15.7 15.7 16.74 16.9 17.4
GDP per capita 908.80
USD		 925 935 918 943 950
GDP Per Capita Ppp 1859.90
USD		 1894 1886 1879 1930 1945
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 5.16
percent		 5.3 5.3 5.3 5.32 5.4
Population 16.30
million		 15.95 16.04 16.13 16.13 16.09
Wages High Skilled 920.00
USD/Month		 950 950 950 970 1000
Wages Low Skilled 267.00
USD/Month		 297 297 297 297 320
Living Wage Family 465.00
USD/Month		 500 500 500 520 520
Living Wage Individual 275.00
USD/Month		 275 275 275 275 275
PRICES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 2.71
percent		 2.1 1.7 2.3 5.2 6.7
Food Inflation 4.54
percent		 3.4 3.5 4 4.5 5
Inflation Rate Mom 0.08
percent		 -0.08 -0.01 0.02 0.01 0.01
CPI Transportation 97.00
Index Points		 99.55 98.65 101 102 114
Consumer Price Index Cpi 99.70
Index Points		 98.93 98.45 102 105 115
MONEY Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 9.39
percent		 10 10 10 9.75 9
Money Supply M1 6318553.00
USD Thousands		 7306005 7393896 7403103 7364338 6325666
Money Supply M2 7772512.00
USD Thousands		 8454252 8475227 8446694 8392786 7587849
Money Supply M3 7837568.00
USD Thousands		 8782275 8928982 9001105 9021465 8251150
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade 84.83
USD Million		 -300 -403 -554 -538 -605
Exports 578.21
USD Million		 654 685 714 743 986
Imports 493.38
USD Million		 954 1088 1195 1281 1591
Current Account -552.80
USD Million		 -222 -80.22 61.28 188 556
Current Account to GDP -9.20
percent		 -8 -8 -8 -9 -6
Terrorism Index 0.20
 0.96 0.94 0.93 1.05 1.76
Tourist Arrivals 2422930.00
 1961650 2001225 2040800 2041275 2107900
GOVERNMENT Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 77.60
percent		 75 75 75 80 77
Government Budget -1.10
percent of GDP		 -1.81 -1.86 -1.91 -2.06 -2.11
Military Expenditure 332.36
USD Million		 265 263 262 252 213
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Internet Speed 3698.48
KBps		 2141 1862 1624 1390 748
IP Addresses 37456.00
IP		 31211 30009 28804 27315 17518
Ease of Doing Business 159.00
 168 172 176 174 165
Corruption Index 22.00
Points		 23 23 22 23 25
Corruption Rank 157.00
 153 152 151 150 142
Competitiveness Index 3.32
Points		 3.26 3.26 3.26 3.16 3.05
Competitiveness Rank 124.00
 124 124 124 128 129
TAXES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Corporate Tax Rate 25.00
percent		 25 25 25 26 27
Personal Income Tax Rate 50.00
percent		 50 50 50 47 45
Sales Tax Rate 15.00
percent		 15 15 15 15 15
CLIMATE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Temperature 19.76
celsius		 18.63 18.66 24.08 23.34 21.63