External balance on goods and services (current US$) (US current) in Zimbabwe
Zimbabwe: External balance on goods and services (current US$) (US current) was -2.24 billion current US$ in 2024. ◆ Volatile
External balance on goods and services in Zimbabwe, 1975–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Zimbabwe recorded -2.24 billion current US$ for external balance on goods and services in 2024.
Compared with earlier readings it is down 3.0% on the previous year and up 10.4% over ten years.
Over the whole period, external balance on goods and services in Zimbabwe peaked at 267.25 million current US$ in 1999 and was at its lowest, -4.08 billion current US$, in 2012.
Zimbabwe ranks 133rd of 193 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services (current US$) (US current) in Zimbabwe, year by year
| Year | current US$ | Change |
|---|---|---|
| 1975 | -72.98 million current US$ | — |
| 1976 | 102.10 million current US$ | -239.9% |
| 1977 | 51.41 million current US$ | -49.6% |
| 1978 | 88.65 million current US$ | +72.4% |
| 1979 | -44.61 million current US$ | -150.3% |
| 1980 | -210.87 million current US$ | +372.7% |
| 1981 | -519.42 million current US$ | +146.3% |
| 1982 | -452.33 million current US$ | -12.9% |
| 1983 | -235.45 million current US$ | -47.9% |
| 1984 | -15.50 million current US$ | -93.4% |
| 1985 | 11.16 million current US$ | -172.0% |
| 1986 | 157.29 million current US$ | +1309.4% |
| 1987 | 184.86 million current US$ | +17.5% |
| 1988 | 264.30 million current US$ | +43.0% |
| 1989 | 134.47 million current US$ | -49.1% |
| 1990 | 6.54 million current US$ | -95.1% |
| 1991 | -284.00 million current US$ | -4441.2% |
| 1992 | -625.25 million current US$ | +120.2% |
| 1993 | -113.50 million current US$ | -81.8% |
| 1994 | -132.25 million current US$ | +16.5% |
| 1995 | -191.00 million current US$ | +44.4% |
| 1996 | 16.25 million current US$ | -108.5% |
| 1997 | -598.75 million current US$ | -3784.6% |
| 1998 | -110.50 million current US$ | -81.5% |
| 1999 | 267.25 million current US$ | -341.9% |
| 2000 | 150.75 million current US$ | -43.6% |
| 2001 | 137.00 million current US$ | -9.1% |
| 2002 | -199.25 million current US$ | -245.4% |
| 2003 | -324.25 million current US$ | +62.7% |
| 2004 | -412.25 million current US$ | +27.1% |
| 2005 | -515.25 million current US$ | +25.0% |
| 2006 | -594.00 million current US$ | +15.3% |
| 2007 | -455.50 million current US$ | -23.3% |
| 2008 | -1.17 billion current US$ | +157.9% |
| 2009 | -2.21 billion current US$ | +87.9% |
| 2010 | -2.87 billion current US$ | +30.1% |
| 2011 | -2.80 billion current US$ | -2.4% |
| 2012 | -4.08 billion current US$ | +45.6% |
| 2013 | -2.80 billion current US$ | -31.3% |
| 2014 | -2.50 billion current US$ | -10.9% |
| 2015 | -3.68 billion current US$ | +47.3% |
| 2016 | -2.33 billion current US$ | -36.7% |
| 2017 | -2.92 billion current US$ | +25.1% |
| 2018 | -758.70 million current US$ | -74.0% |
| 2019 | -150.14 million current US$ | -80.2% |
| 2020 | -586.61 million current US$ | +290.7% |
| 2021 | -1.50 billion current US$ | +156.2% |
| 2022 | -2.48 billion current US$ | +64.7% |
| 2023 | -2.17 billion current US$ | -12.2% |
| 2024 | -2.24 billion current US$ | +3.0% |
Zimbabwe compared with similar countries
- Zimbabwe's -2.24 billion current US$ is below the median for lower middle income countries, which is -1.67 billion current US$, 1.3× the median. (45 countries reporting)
- Zimbabwe's -2.24 billion current US$ is below the median for Sub-Saharan Africa, which is -545.92 million current US$, 4.1× the median. (45 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services (current US$) (US current) in Zimbabwe changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | -4441.2% | 6.54 million current US$ | -284.00 million current US$ |
| 1997 | -3784.6% | 16.25 million current US$ | -598.75 million current US$ |
| 1986 | +1309.4% | 11.16 million current US$ | 157.29 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 24.92 million current US$ | -72.98 million current US$ | 102.10 million current US$ | 5 |
| 1980s | -68.15 million current US$ | -519.42 million current US$ | 264.30 million current US$ | 10 |
| 1990s | -176.52 million current US$ | -625.25 million current US$ | 267.25 million current US$ | 10 |
| 2000s | -559.48 million current US$ | -2.21 billion current US$ | 150.75 million current US$ | 10 |
| 2010s | -2.49 billion current US$ | -4.08 billion current US$ | -150.14 million current US$ | 10 |
| 2020s | -1.80 billion current US$ | -2.48 billion current US$ | -586.61 million current US$ | 5 |
Countries ranked near Zimbabwe
More economy & growth data for Zimbabwe
- Real gdp growth, annual growth rate -67.36 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 139.91 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.1973 units per person (2025)
- SDRs holdings, SDR, annual growth rate 128.46 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.1441 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is external balance on goods and services in Zimbabwe?
- External balance on goods and services in Zimbabwe was -2.24 billion current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Zimbabwe?
- The highest recorded value was 267.25 million current US$ in 1999.
- What is the lowest external balance on goods and services recorded in Zimbabwe?
- The lowest recorded value was -4.08 billion current US$ in 2012.
- How does Zimbabwe rank for external balance on goods and services?
- Zimbabwe ranks 133rd out of 193 countries with data for 2024.
- Is external balance on goods and services rising or falling in Zimbabwe?
- Over the last ten years it is up 10.4%. The long-run trend across the full record is volatile.
- Where does this Zimbabwe data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.