Current account balance as a proportion of gdp in Zimbabwe
Zimbabwe: Current account balance as a proportion of gdp was 0.38 in 2023. ◆ Volatile
Latest (2023)
0.38
Change on year
down 59.1%
World rank
78th
of 191 countries
All-time high
4.08
in 2020
All-time low
-19.5
in 2011
Years of data
15
2009–2023
Current account balance as a proportion of gdp in Zimbabwe, 2009–2023
Source: Our World in Data.
Analysis
In 2023, current account balance as a proportion of gdp in Zimbabwe stood at 0.38.
Compared with earlier readings it is down 59.1% on the previous year and up 102.7% over ten years.
Over the whole period, current account balance as a proportion of gdp in Zimbabwe peaked at 4.08 in 2020 and was at its lowest, -19.5, in 2011.
Zimbabwe ranks 78th of 191 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of gdp in Zimbabwe, year by year
| Year | Value | Change |
|---|---|---|
| 2009 | -7.56 | — |
| 2010 | -13.75 | +81.9% |
| 2011 | -19.5 | +41.8% |
| 2012 | -13.31 | -31.7% |
| 2013 | -13.87 | +4.2% |
| 2014 | -11.97 | -13.7% |
| 2015 | -8 | -33.2% |
| 2016 | -3.39 | -57.6% |
| 2017 | -0.53 | -84.4% |
| 2018 | -4.04 | +662.3% |
| 2019 | 3.58 | -188.6% |
| 2020 | 4.08 | +14.0% |
| 2021 | 1.28 | -68.6% |
| 2022 | 0.93 | -27.3% |
| 2023 | 0.38 | -59.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -7.56 | -7.56 | -7.56 | 1 |
| 2010s | -8.48 | -19.5 | 3.58 | 10 |
| 2020s | 1.67 | 0.38 | 4.08 | 4 |
Countries ranked near Zimbabwe
More economy & growth data for Zimbabwe
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.02 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current LCU), annual growth 98.86 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 30.11 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 90,989 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 8.35 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.4743 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 1,433 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 8.35 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 1.37 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Zimbabwe?
- Current account balance as a proportion of gdp in Zimbabwe was 0.38 in 2023, according to Our World in Data.
- What is the highest current account balance as a proportion of gdp recorded in Zimbabwe?
- The highest recorded value was 4.08 in 2020.
- What is the lowest current account balance as a proportion of gdp recorded in Zimbabwe?
- The lowest recorded value was -19.5 in 2011.
- How does Zimbabwe rank for current account balance as a proportion of gdp?
- Zimbabwe ranks 78th out of 191 countries with data for 2023.
- Is current account balance as a proportion of gdp rising or falling in Zimbabwe?
- Over the last ten years it is up 102.7%. The long-run trend across the full record is volatile.
- Where does this Zimbabwe data come from?
- The figures come from Our World in Data, published as part of Current account balance as a proportion of gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (Our World in Data).