Current account balance in Zimbabwe
Zimbabwe: Current account balance was 1.2% in 2024. ◆ Volatile
Current account balance in Zimbabwe, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Zimbabwe recorded 1.2% for current account balance in 2024.
The figure is up 223.4% on the previous year and up 110.1% over ten years.
Over the whole period, current account balance in Zimbabwe peaked at 2.8% in 2019 and was at its lowest, -19.5%, in 2011.
That places Zimbabwe 70th out of 199 countries with data for 2024, putting it 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 in Zimbabwe, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1977 | 0.0% | — |
| 1978 | 1.2% | +4761.6% |
| 1979 | -1.1% | -187.9% |
| 1980 | -2.2% | +105.0% |
| 1981 | -6.8% | +204.7% |
| 1982 | -7.4% | +8.6% |
| 1983 | -5.1% | -30.8% |
| 1984 | -0.7% | -86.8% |
| 1985 | -1.1% | +68.6% |
| 1986 | 0.3% | -123.7% |
| 1987 | 0.9% | +218.8% |
| 1988 | 1.6% | +86.4% |
| 1989 | 0.2% | -87.3% |
| 1990 | -1.6% | -879.1% |
| 1991 | -5.3% | +232.1% |
| 1992 | -8.9% | +69.1% |
| 1993 | -1.8% | -80.3% |
| 1994 | -6.2% | +249.7% |
| 2009 | -7.6% | +22.7% |
| 2010 | -13.7% | +81.9% |
| 2011 | -19.5% | +41.8% |
| 2012 | -13.3% | -31.7% |
| 2013 | -13.9% | +4.3% |
| 2014 | -12.0% | -13.7% |
| 2015 | -8.0% | -33.2% |
| 2016 | -3.4% | -57.6% |
| 2017 | -0.5% | -84.3% |
| 2018 | -4.0% | +660.5% |
| 2019 | 2.8% | -168.3% |
| 2020 | 2.1% | -23.1% |
| 2021 | 0.8% | -60.2% |
| 2022 | 0.7% | -11.3% |
| 2023 | 0.4% | -50.1% |
| 2024 | 1.2% | +223.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1% | -1.1% | 1.2% | 3 |
| 1980s | -2.0% | -7.4% | 1.6% | 10 |
| 1990s | -4.7% | -8.9% | -1.6% | 5 |
| 2000s | -7.6% | -7.6% | -7.6% | 1 |
| 2010s | -8.6% | -19.5% | 2.8% | 10 |
| 2020s | 1.1% | 0.4% | 2.1% | 5 |
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)
- Manufacturing, value added (constant LCU), per capita 648.14 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 30.6 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.3707 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 1,120 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 109.61 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 11.79 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 35,609 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 7.78 % change on previous year (2025)
Frequently asked questions
- What is current account balance in Zimbabwe?
- Current account balance in Zimbabwe was 1.2% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Zimbabwe?
- The highest recorded value was 2.8% in 2019.
- What is the lowest current account balance recorded in Zimbabwe?
- The lowest recorded value was -19.5% in 2011.
- How does Zimbabwe rank for current account balance?
- Zimbabwe ranks 70th out of 199 countries with data for 2024.
- Is current account balance rising or falling in Zimbabwe?
- Over the last ten years it is up 110.1%. The long-run trend across the full record is volatile.
- Where does this Zimbabwe data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.