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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Stock Market 297.16
Points
503 314 209 305 223
GDP Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Annual Growth Rate 0.60
percent
-1.4 -1.4 -1.4 -1.4 4.9
GDP 16.29
USD Billion
15.62 15.65 15.67 16.74 17.4
GDP per capita 908.80
USD
933 928 923 918 968
GDP Per Capita Ppp 1859.90
USD
1901 1894 1886 1879 1930
LABOUR Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 5.09
percent
5.2 5.2 5.2 5.2 5.4
Population 16.15
million
15.86 15.95 16.04 16.14 16.11
Wages High Skilled 920.00
USD/Month
967 968 969 970 961
Wages Low Skilled 267.00
USD/Month
282 287 292 298 290
Living Wage Family 465.00
USD/Month
465 465 465 465 465
Living Wage Individual 275.00
USD/Month
275 275 275 275 275
PRICES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 3.52
percent
3.9 4.6 5.3 5.2 6.7
Food Inflation 6.60
percent
3.2 3.4 3.5 4 5
Inflation Rate Mom 0.30
percent
-0.04 -0.1 0 0.02 0.01
CPI Transportation 98.60
Index Points
98.63 98.57 98.51 98.46 98.09
Consumer Price Index Cpi 99.80
Index Points
100 100 99.6 98.95 97.54
MONEY Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Interest Rate 9.66
percent
10 10 10 10 9
Money Supply M1 6503353.00
USD Thousands
7338672 7673462 7845964 7911749 6754670
Money Supply M2 7953545.00
USD Thousands
8528951 8701596 8755681 8744583 7836705
Money Supply M3 8020028.00
USD Thousands
8868821 9293972 9580578 9762120 9096435
TRADE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -230.21
USD Million
-220 -218 -217 -216 -213
Exports 265.00
USD Million
390 428 465 501 837
Imports 495.20
USD Million
1071 1189 1283 1357 1622
Current Account -552.80
USD Million
-403 -273 -143 -12.34 591
Current Account to GDP -9.20
percent
-8 -8 -8.3 -8 -6
Terrorism Index 0.20
0.97 0.96 0.94 0.93 1.72
Tourist Arrivals 2167686.00
2022975 2041950 2060925 2079900 2047200
GOVERNMENT Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 77.40
percent
75 75 75 75 77
Government Budget -1.10
percent of GDP
-1.77 -1.81 -1.86 -1.91 -1.94
Military Expenditure 362.60
USD Million
264 263 261 259 191
BUSINESS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Internet Speed 3698.48
KBps
2454 2141 1862 1624 651
IP Addresses 37456.00
IP
33060 31211 30009 28804 19966
Ease of Doing Business 159.00
164 168 172 176 166
Corruption Index 22.00
Points
22 23 23 23 25
Corruption Rank 154.00
145 148 151 154 142
Competitiveness Index 3.32
Points
3.26 3.26 3.26 3.26 3.05
Competitiveness Rank 124.00
124 124 124 124 129
TAXES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Corporate Tax Rate 25.00
percent
26 26 26 26 27
Personal Income Tax Rate 50.00
percent
48 48 48 48 45
Sales Tax Rate 15.00
percent
15 15 15 15 15
CLIMATE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Temperature 19.76
celsius
23.29 18.63 18.66 24.08 21.63