Zimbabwe's GDP growth was estimated at 2% in 2024, largely due to the adverse effects of an El Niño-induced drought. GDP Annual Growth Rate in Zimbabwe averaged 2.75 percent from 1961 until 2024, reaching an all time high of 22.57 percent in 1970 and a record low of -17.20 percent in 2003. source: ZIMSTAT, Zimbabwe

GDP Annual Growth Rate in Zimbabwe is expected to reach 6.50 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Zimbabwe GDP Annual Growth Rate is projected to trend around 5.00 percent in 2026 and 4.80 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
GDP 44.19 35.23 USD Billion Dec 2024
GDP Annual Growth Rate 2.00 5.40 percent Dec 2024
GDP per Capita 1420.80 1417.56 USD Dec 2024
GDP per Capita PPP 3450.13 3442.25 USD Dec 2024


Zimbabwe GDP Annual Growth Rate
Zimbabwe’s economy, once one of the strongest in Africa, has one of the lowest GDP per capita in the world. Years of mismanagement and endemic corruption has completely destroyed the country. The main sources of government revenues are exports of nickel, platinum, diamond and tobacco. To make things even worst, in response to political violence and human rights abuse, Zimbabwe has been subjected to numerous sanctions. As a result, the country experienced ten consecutive years of contraction and had one of the worst cases of hyperinflation of all time which resulted in the suspension of the national currency. The current sluggish growth is expected to endure as government fails to address structural obstacles to growth such as limited capital resource and deficient infrastructure.
Actual Previous Highest Lowest Dates Unit Frequency
2.00 5.40 22.57 -17.20 1961 - 2024 percent Yearly