Economic dashboard
Macro overview
The national accounts, the price level, the external position and the currency regime — treated head-on, including where the published series stop.
All macro indicators
GDP growth
8.1%
Annual, constant prices
World Bank2025
CPI, annual avg
104.7%
Annual average, not year-on-year
Not current. The newest figure this source publishes is from 2022, 4 years ago.
World Bank2022
Reserves
US$485m
Latest published observation is from 2024.
World Bank2024
Remittances
US$3.51bn
Latest published observation is from 2024.
World Bank2024
GDP
US$51.22bn
World Bank2025
GDP per capita
US$3k
World Bank2025
Current account balance
US$501m
Latest published observation is from 2024.
World Bank2024
External debt stock
US$14.40bn
Latest published observation is from 2024.
World Bank2024
Central government debt
No verified series
The World Bank publishes this indicator for Zimbabwe but every observation in the requested window is empty.
Would need: World Bank, ZIMSTAT
Unemployment rate
9.3%
World Bank2025
Gross capital formation
8.8%
Latest published observation is from 2024.
World Bank2024
Population
16,950,795
World Bank2025
Real GDP growth
Annual percentage change in real terms. The growth rate is more reliable than the level it is calculated from.
View as table(14 periods, 1 series)
| Period | GDP growth |
|---|---|
| 2025 | 8.1% |
| 2024 | 1.7% |
| 2023 | 5.4% |
| 2022 | 6.1% |
| 2021 | 8.5% |
| 2020 | -7.8% |
| 2019 | -6.3% |
| 2018 | 5.0% |
| 2017 | 4.7% |
| 2016 | 0.8% |
| 2015 | 1.8% |
| 2014 | 2.4% |
| 2013 | 2.0% |
| 2012 | 16.7% |
A dash means no observation was published for that period. It does not mean zero. GDP growth: World Bank
Source: World BankAs of 2025Database updated 13 Jul 2026NY.GDP.MKTP.KD.ZG
Caveat: Compiled from national accounts supplied by ZIMSTAT. Rebasing and the scale of informal activity mean the level of GDP is far more uncertain than the growth rate; single-year moves under two points should be read as noise.
From the national sources
Consumer prices from ZIMSTAT's August 2026 CPI release; the monetary and external figures from the RBZ Mid-Term Monetary Policy Statement of 20 August 2026. Every figure names the document it came from, its publication date and who checked it.
ZiG inflation
2.9%
Year-on-year, ZiG basket, April 2024 = 100 — ZIMSTAT monthly CPI
ZIMSTATAug 2026Verified
USD inflation
3.1%
Year-on-year, US dollar basket — ZIMSTAT monthly CPI
ZIMSTATAug 2026Verified
ZiG m/m
0.1%
Month-on-month, ZiG basket — ZIMSTAT monthly CPI
ZIMSTATAug 2026Verified
Official rate
26.8
ZiG per USD, Willing-Buyer Willing-Seller — RBZ Table 1
RBZJun 2026Verified
ZiG cover
US$1.60bn
USD millions backing the ZiG — RBZ Table 1
RBZJun 2026Verified
NPL ratio
3.2%
Share of banking-sector loans — RBZ Table 1
RBZJun 2026Verified
GDP growth
8.3%
Annual, 2025 outturn as stated by the RBZ
RBZAug 2026Verified
Reserves
US$1.70bn
End-July 2026, approximately 1.7 months of import cover
RBZJul 2026Verified
Premium
15.0%
Average over H1 2026, official vs parallel rate
RBZJun 2026Verified
Current account
US$1.30bn
First half of 2026, estimated
RBZJun 2026Verified
FX receipts
US$10.72bn
First half of 2026, through Authorised Dealers
RBZJun 2026Verified
Policy rate
30.0%
Per annum, effective August 2026
RBZAug 2026Verified
ZiG annual inflation
92.5% to 2.9% in fourteen months.
View as table(17 periods, 1 series)
| Period | ZiG inflation |
|---|---|
| Aug 2026 | 2.9% |
| Jul 2026 | 3.2% |
| Jun 2026 | 4.7% |
| May 2026 | 4.4% |
| Apr 2026 | 4.8% |
| Mar 2026 | 4.4% |
| Feb 2026 | 3.8% |
| Jan 2026 | 4.1% |
| Dec 2025 | 15.0% |
| Nov 2025 | 19.0% |
| Oct 2025 | 32.7% |
| Sept 2025 | 82.7% |
| Aug 2025 | 93.8% |
| Jul 2025 | 95.8% |
| Jun 2025 | 92.5% |
| May 2025 | 92.1% |
| Apr 2025 | 85.7% |
A dash means no observation was published for that period. It does not mean zero. ZiG inflation: ZIMSTAT
Source: ZIMSTATAs of Aug 2026
Verified from: Zimbabwe National Statistics Agency, “ZWG Consumer Price Index, August 2026 (April 2024 = 100). Released 26 August 2026 and distributed through the Reserve Bank of Zimbabwe's inflation page.” · published 26 Aug 2026 · checked by ZIX data desk on 8 Sept 2026
Caveat: Read from ZIMSTAT's own spreadsheet rather than from a summary of it. The series starts in April 2025 because the index was rebased to April 2024 = 100 and a year-on-year rate needs twelve months of base beneath it. Where it overlaps the RBZ's Mid-Term Statement the two agree to the decimal, which is what should happen: the central bank is reprinting this series, not producing a second one. The fall from 92.5% in June 2025 is the largest movement in Zimbabwean data, and it is invisible in the World Bank and IMF annual-average series, which stop earlier and average across the currency transition. Read it alongside the month-on-month series — the annual rate falls partly because the 2025 base was extreme.
ZiG month-on-month inflation
The October 2024 devaluation, then nineteen months under 1.6%.
View as table(28 periods, 1 series)
| Period | ZiG m/m |
|---|---|
| Aug 2026 | 0.1% |
| Jul 2026 | 0.1% |
| Jun 2026 | 0.6% |
| May 2026 | 0.5% |
| Apr 2026 | 1.1% |
| Mar 2026 | 0.5% |
| Feb 2026 | 0.1% |
| Jan 2026 | 0.0% |
| Dec 2025 | 0.2% |
| Nov 2025 | 0.2% |
| Oct 2025 | -0.4% |
| Sept 2025 | -0.2% |
| Aug 2025 | 0.4% |
| Jul 2025 | 1.6% |
| Jun 2025 | 0.3% |
| May 2025 | 0.9% |
| Apr 2025 | 0.6% |
| Mar 2025 | -0.1% |
| Feb 2025 | 0.5% |
| Jan 2025 | 10.5% |
| Dec 2024 | 3.7% |
| Nov 2024 | 11.7% |
| Oct 2024 | 37.2% |
| Sept 2024 | 5.8% |
| Aug 2024 | 1.4% |
| Jul 2024 | -0.1% |
| Jun 2024 | 0.0% |
| May 2024 | -2.4% |
A dash means no observation was published for that period. It does not mean zero. ZiG m/m: ZIMSTAT
Source: ZIMSTATAs of Aug 2026
Verified from: Zimbabwe National Statistics Agency, “ZWG Consumer Price Index, August 2026 (April 2024 = 100). Released 26 August 2026 and distributed through the Reserve Bank of Zimbabwe's inflation page.” · published 26 Aug 2026 · checked by ZIX data desk on 8 Sept 2026
Caveat: What prices did this month, rather than what they did over the last twelve. The 37.2% print in October 2024 is that month's ZiG devaluation, and it dominates the scale of any chart drawn across the full series — which is the reason for drawing it across the full series rather than starting the line in 2025. Since February 2025 the monthly rate has stayed below 1.6% and turned negative three times. Comparing a monthly print against a multilateral annual average, as most commentary does, is how one economy gets described as both hyperinflationary and stable in the same week.
Where the sources disagree
Two questions where credible sources give different answers. ZIX publishes both readings and the spread between them.
Where the sources disagree
How fast have prices actually risen?
World Bank
104.7%
2022
IMF
81.4%
2025
Comparison
—
Not computable — the two sources' latest observations fall in different periods.
- World Bank
- IMF
View as table(15 periods, 2 series)
| Period | World Bank | IMF |
|---|---|---|
| 2025 | — | 81.4% |
| 2024 | — | 736.1% |
| 2023 | — | 667.4% |
| 2022 | 104.7% | 193.4% |
| 2021 | 98.5% | 98.5% |
| 2020 | 557.2% | 557.2% |
| 2019 | 255.3% | 255.3% |
| 2018 | 10.6% | 10.6% |
| 2017 | 0.9% | 0.9% |
| 2016 | -1.5% | -1.6% |
| 2015 | -2.4% | -2.4% |
| 2014 | -0.2% | -0.2% |
| 2013 | 1.6% | 1.6% |
| 2012 | 3.7% | 3.7% |
| 2011 | — | 3.5% |
A dash means no observation was published for that period. It does not mean zero. World Bank: World Bank · IMF: IMF
Two multilateral institutions, one quantity, two answers. The series agree exactly through 2021 — the World Bank is republishing the same underlying national data — and then separate sharply. The World Bank's last published observation is years old; the IMF continues, at levels several times higher. Neither is wrong so much as differently constructed, and the divergence is a better description of Zimbabwean price data than either line alone. ZIX publishes both and never splices them.
Source: World BankAs of 2022Database updated 13 Jul 2026FP.CPI.TOTL.ZG
Caveat: An annual average, which is not what the RBZ and ZIMSTAT monthly releases report. Zimbabwe's inflation argument is mostly people comparing different measures: an annual average above 100% and a single-digit monthly print can both be correct about the same economy. The series also breaks at each currency regime change, has been suspended more than once, and must not be spliced onto the monthly releases.
Source: IMFAs of 2025PCPIPCH
Caveat: IMF staff estimates, which continue through years the World Bank stops publishing and differ sharply from the World Bank print where both exist. IMF World Economic Outlook projections are excluded. The API returns forecast years in the same shape as actuals with no flag distinguishing them, so ZIX drops everything from the current year onward rather than publishing a forecast as an observation.
Where the sources disagree
What is a US dollar actually worth in Zimbabwe?
Official
26.8
16 Sept
Parallel market rate (ZWG per USD)
—
No verified series
Comparison
—
Not computable — one side has no published series.
The official rate is published and retrievable. The rate at which a business can actually convert local revenue into hard currency is not. That asymmetry is the single most important thing to understand about Zimbabwean economic data: the number that matters most to an investor is the one with no authoritative source. ZIX reports the official rate as what it is — a policy statement from an institution that also participates in the market — and reports the absence of the other rather than filling it with an estimate.
Source: RBZAs of 16 SeptDatabase updated 16 Sept 2026USD/ZWG
Caveat: Retrieved from a commercial rate aggregator that tracks the official RBZ rate. The RBZ both publishes this rate and participates in the market it describes, so read it as a policy statement as much as a measurement. A single spot quote, not a series — free historical ZWG data is not available.
Fiscal position
Sourced from the IMF, because the World Bank publishes no government debt series for Zimbabwe at all. Projections are excluded.
Govt debt
43.8%
IMF2025
Fiscal balance
0.1%
IMF2025
Current account
4.0%
IMF2025
GDP per capita (IMF)
US$3k
IMF2025
Output and external position
Two measures of different scale, so two charts. A single chart with two y-axes would let the reader infer a relationship that the data does not support.
GDP at current prices
View as table(14 periods, 1 series)
| Period | GDP |
|---|---|
| 2025 | US$51.22bn |
| 2024 | US$41.52bn |
| 2023 | US$35.87bn |
| 2022 | US$40.76bn |
| 2021 | US$41.29bn |
| 2020 | US$31.98bn |
| 2019 | US$33.36bn |
| 2018 | US$34.14bn |
| 2017 | US$51.04bn |
| 2016 | US$20.56bn |
| 2015 | US$19.97bn |
| 2014 | US$19.51bn |
| 2013 | US$19.10bn |
| 2012 | US$17.12bn |
A dash means no observation was published for that period. It does not mean zero. GDP: World Bank
Source: World BankAs of 2025Database updated 13 Jul 2026NY.GDP.MKTP.CD
External debt stock
View as table(14 periods, 1 series)
| Period | External debt stock |
|---|---|
| 2025 | — |
| 2024 | US$14.40bn |
| 2023 | US$14.55bn |
| 2022 | US$14.12bn |
| 2021 | US$14.11bn |
| 2020 | US$13.03bn |
| 2019 | US$12.54bn |
| 2018 | US$12.98bn |
| 2017 | US$12.86bn |
| 2016 | US$11.82bn |
| 2015 | US$10.00bn |
| 2014 | US$8.66bn |
| 2013 | US$8.73bn |
| 2012 | US$9.20bn |
A dash means no observation was published for that period. It does not mean zero. External debt stock: World Bank
Source: World BankAs of 2024Database updated 13 Jul 2026DT.DOD.DECT.CD
Caveat: Excludes arrears and quasi-fiscal liabilities that IMF staff reports treat as debt. The true obligation is higher than this line.
Known gaps in this dashboard
Central government debt
No verified series
The World Bank publishes this indicator for Zimbabwe but every observation in the requested window is empty.
Would need: World Bank, ZIMSTAT