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 Q4/18 Q1/19 Q2/19 Q3/19 2020
Stock Market 522.08
Points		 320 326 324 324 324
GDP Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
GDP Annual Growth Rate 2.90
percent		 3.5 3.65 3.6 2.67 4.9
GDP 17.85
USD Billion		 18.9 20 20 20 22
GDP per capita 927.40
USD		 934 943 943 933 939
GDP Per Capita Ppp 1899.80
USD		 1913 1930 1930 1912 1923
LABOUR Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 5.16
percent		 5.3 5.32 5.35 5.37 5.4
Population 16.30
million		 16.32 16.32 16.33 16.33 16.37
Living Wage Family 575.00
USD/Month		 500 520 575 575 520
Living Wage Individual 305.00
USD/Month		 305 305 305 305 305
Wages High Skilled 951.00
USD/Month		 950 970 963 961 1000
Wages Low Skilled 231.00
USD/Month		 297 297 314 332 320
PRICES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Inflation Rate 20.85
percent		 5.6 5.8 6 6.3 5
Food Inflation 27.00
percent		 6.5 6 5.5 5 5
Inflation Rate Mom 16.44
percent		 13.78 18.91 22.04 23.05 24.63
Cpi Housing Utilities 98.70
Index Points		 99.08 100 101 102 105
CPI Transportation 117.30
Index Points		 104 103 103 105 116
Consumer Price Index Cpi 118.70
Index Points		 105 105 106 108 118
MONEY Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Interest Rate 9.87
percent		 9.5 9.5 9.5 9.5 9
Money Supply M1 8090807.00
USD Thousands		 9317791 9599740 9740186 9810154 9879484
Money Supply M2 9592328.00
USD Thousands		 10775980 11467587 12145589 12810256 18233740
Money Supply M3 9681827.00
USD Thousands		 11406373 11983513 12359493 12604279 13051091
Banks Balance Sheet 10911.40
USD Million		 12199 12937 13662 14374 20268
TRADE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance of Trade -219.60
USD Million		 -265 -263 -270 -276 -285
Exports 340.30
USD Million		 339 338 338 337 337
Imports 559.90
USD Million		 590 601 608 613 623
Current Account -240.50
USD Million		 -196 -291 -387 -482 -1702
Current Account to GDP -5.60
percent		 -8 -9 -9 -9 -6
External Debt 11299.00
USD Million		 11609 11617 11625 11633 11941
Terrorism Index 0.20
 0.2 0.2 0.2 0.2 0.2
Tourist Arrivals 2422930.00
 2372700 2373600 2374500 2375400 2526000
GOVERNMENT Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Government Debt to GDP 77.60
percent		 75 80 80 80 77
Government Budget -1.10
percent of GDP		 -1.1 -1.1 -1.1 -1.1 -1.1
Military Expenditure 332.36
USD Million		 267 260 253 246 219
BUSINESS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Internet Speed 3698.48
KBps		 2872 2808 2765 2722 2559
IP Addresses 37456.00
IP		 36512 36335 36727 36491 36518
Ease of Doing Business 155.00
 163 162 161 161 163
Corruption Index 22.00
Points		 22 22 22 22 22
Corruption Rank 157.00
 157 157 157 157 157
Competitiveness Index 42.61
Points		 43.61 43.61 43.61 43.61 48.61
Competitiveness Rank 128.00
 128 128 128 128 128
TAXES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Corporate Tax Rate 25.00
percent		 25 25 25 25 25
Personal Income Tax Rate 50.00
percent		 50 50 50 50 50
Sales Tax Rate 15.00
percent		 15 15 15 15 15
CLIMATE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Temperature 19.76
celsius		 24.08 23.34 21.78 21.78 21.63



Zimbabwe - Economic Forecasts - 2018-2020 Outlook