Gross domestic product (GDP) in Zimbabwe
Zimbabwe: Gross domestic product (GDP) was 50.54 billion international-$ in 2021 prices in 2023. ◆ Volatile
Gross domestic product (GDP) in Zimbabwe, 1954–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
Zimbabwe recorded 50.54 billion international-$ in 2021 prices for gross domestic product (gdp) in 2023.
That represents a change of up 5.2% on the previous year and up 20.1% over ten years.
Over the whole period, gross domestic product (gdp) in Zimbabwe peaked at 83.52 billion international-$ in 2021 prices in 1996 and was at its lowest, 6.29 billion international-$ in 2021 prices, in 2005.
That places Zimbabwe 117th out of 184 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Zimbabwe, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1954 | 7.08 billion international-$ in 2021 prices | — |
| 1955 | 7.28 billion international-$ in 2021 prices | +2.9% |
| 1956 | 7.96 billion international-$ in 2021 prices | +9.4% |
| 1957 | 8.79 billion international-$ in 2021 prices | +10.5% |
| 1958 | 8.81 billion international-$ in 2021 prices | +0.2% |
| 1959 | 10.04 billion international-$ in 2021 prices | +14.0% |
| 1960 | 10.65 billion international-$ in 2021 prices | +6.1% |
| 1961 | 11.27 billion international-$ in 2021 prices | +5.8% |
| 1962 | 11.22 billion international-$ in 2021 prices | -0.5% |
| 1963 | 11.49 billion international-$ in 2021 prices | +2.4% |
| 1964 | 11.15 billion international-$ in 2021 prices | -2.9% |
| 1965 | 12.27 billion international-$ in 2021 prices | +10.1% |
| 1966 | 11.98 billion international-$ in 2021 prices | -2.4% |
| 1967 | 12.11 billion international-$ in 2021 prices | +1.1% |
| 1968 | 11.22 billion international-$ in 2021 prices | -7.4% |
| 1969 | 14.17 billion international-$ in 2021 prices | +26.3% |
| 1970 | 17.28 billion international-$ in 2021 prices | +22.0% |
| 1971 | 18.83 billion international-$ in 2021 prices | +9.0% |
| 1972 | 21.12 billion international-$ in 2021 prices | +12.2% |
| 1973 | 22.07 billion international-$ in 2021 prices | +4.5% |
| 1974 | 24.16 billion international-$ in 2021 prices | +9.5% |
| 1975 | 23.58 billion international-$ in 2021 prices | -2.4% |
| 1976 | 23.70 billion international-$ in 2021 prices | +0.5% |
| 1977 | 21.32 billion international-$ in 2021 prices | -10.1% |
| 1978 | 23.69 billion international-$ in 2021 prices | +11.1% |
| 1979 | 24.85 billion international-$ in 2021 prices | +4.9% |
| 1980 | 26.13 billion international-$ in 2021 prices | +5.2% |
| 1981 | 31.83 billion international-$ in 2021 prices | +21.8% |
| 1982 | 33.72 billion international-$ in 2021 prices | +6.0% |
| 1983 | 39.39 billion international-$ in 2021 prices | +16.8% |
| 1984 | 37.65 billion international-$ in 2021 prices | -4.4% |
| 1985 | 40.95 billion international-$ in 2021 prices | +8.8% |
| 1986 | 42.81 billion international-$ in 2021 prices | +4.6% |
| 1987 | 42.35 billion international-$ in 2021 prices | -1.1% |
| 1988 | 50.11 billion international-$ in 2021 prices | +18.3% |
| 1989 | 56.05 billion international-$ in 2021 prices | +11.9% |
| 1990 | 62.52 billion international-$ in 2021 prices | +11.5% |
| 1991 | 74.49 billion international-$ in 2021 prices | +19.1% |
| 1992 | 68.09 billion international-$ in 2021 prices | -8.6% |
| 1993 | 69.32 billion international-$ in 2021 prices | +1.8% |
| 1994 | 76.00 billion international-$ in 2021 prices | +9.6% |
| 1995 | 74.60 billion international-$ in 2021 prices | -1.9% |
| 1996 | 83.52 billion international-$ in 2021 prices | +12.0% |
| 1997 | 67.03 billion international-$ in 2021 prices | -19.7% |
| 1998 | 60.72 billion international-$ in 2021 prices | -9.4% |
| 1999 | 63.39 billion international-$ in 2021 prices | +4.4% |
| 2000 | 45.39 billion international-$ in 2021 prices | -28.4% |
| 2001 | 56.63 billion international-$ in 2021 prices | +24.8% |
| 2002 | 59.57 billion international-$ in 2021 prices | +5.2% |
| 2003 | 46.20 billion international-$ in 2021 prices | -22.4% |
| 2004 | 21.15 billion international-$ in 2021 prices | -54.2% |
| 2005 | 6.29 billion international-$ in 2021 prices | -70.3% |
| 2006 | 20.34 billion international-$ in 2021 prices | +223.5% |
| 2007 | 22.80 billion international-$ in 2021 prices | +12.1% |
| 2008 | 16.79 billion international-$ in 2021 prices | -26.4% |
| 2009 | 30.03 billion international-$ in 2021 prices | +78.9% |
| 2010 | 29.45 billion international-$ in 2021 prices | -1.9% |
| 2011 | 35.35 billion international-$ in 2021 prices | +20.0% |
| 2012 | 40.12 billion international-$ in 2021 prices | +13.5% |
| 2013 | 42.07 billion international-$ in 2021 prices | +4.8% |
| 2014 | 42.92 billion international-$ in 2021 prices | +2.0% |
| 2015 | 44.56 billion international-$ in 2021 prices | +3.8% |
| 2016 | 46.71 billion international-$ in 2021 prices | +4.8% |
| 2017 | 51.62 billion international-$ in 2021 prices | +10.5% |
| 2018 | 28.35 billion international-$ in 2021 prices | -45.1% |
| 2019 | 45.11 billion international-$ in 2021 prices | +59.1% |
| 2020 | 45.98 billion international-$ in 2021 prices | +1.9% |
| 2021 | 44.44 billion international-$ in 2021 prices | -3.4% |
| 2022 | 48.05 billion international-$ in 2021 prices | +8.1% |
| 2023 | 50.54 billion international-$ in 2021 prices | +5.2% |
Zimbabwe compared with similar countries
- Zimbabwe's 50.54 billion international-$ in 2021 prices is below the median for lower middle income countries, which is 72.56 billion international-$ in 2021 prices, 70% of the median. (42 countries reporting)
- Zimbabwe's 50.54 billion international-$ in 2021 prices is above the median for Sub-Saharan Africa, which is 45.59 billion international-$ in 2021 prices, 1.1× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP) 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 |
|---|---|---|---|
| 2006 | +223.5% | 6.29 billion international-$ in 2021 prices | 20.34 billion international-$ in 2021 prices |
| 2005 | -70.3% | 21.15 billion international-$ in 2021 prices | 6.29 billion international-$ in 2021 prices |
| 2009 | +78.9% | 16.79 billion international-$ in 2021 prices | 30.03 billion international-$ in 2021 prices |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 8.33 billion international-$ in 2021 prices | 7.08 billion international-$ in 2021 prices | 10.04 billion international-$ in 2021 prices | 6 |
| 1960s | 11.75 billion international-$ in 2021 prices | 10.65 billion international-$ in 2021 prices | 14.17 billion international-$ in 2021 prices | 10 |
| 1970s | 22.06 billion international-$ in 2021 prices | 17.28 billion international-$ in 2021 prices | 24.85 billion international-$ in 2021 prices | 10 |
| 1980s | 40.10 billion international-$ in 2021 prices | 26.13 billion international-$ in 2021 prices | 56.05 billion international-$ in 2021 prices | 10 |
| 1990s | 69.97 billion international-$ in 2021 prices | 60.72 billion international-$ in 2021 prices | 83.52 billion international-$ in 2021 prices | 10 |
| 2000s | 32.52 billion international-$ in 2021 prices | 6.29 billion international-$ in 2021 prices | 59.57 billion international-$ in 2021 prices | 10 |
| 2010s | 40.63 billion international-$ in 2021 prices | 28.35 billion international-$ in 2021 prices | 51.62 billion international-$ in 2021 prices | 10 |
| 2020s | 47.25 billion international-$ in 2021 prices | 44.44 billion international-$ in 2021 prices | 50.54 billion international-$ in 2021 prices | 4 |
Countries ranked near Zimbabwe
- 114 Mozambique 51.89 billion international-$ in 2021 prices compare
- 115 Estonia 51.21 billion international-$ in 2021 prices compare
- 116 Guinea 51.12 billion international-$ in 2021 prices compare
- 118 Tajikistan 50.32 billion international-$ in 2021 prices compare
- 119 Niger 50.20 billion international-$ in 2021 prices compare
- 120 Madagascar 50.09 billion international-$ in 2021 prices compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 131.30 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0032 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 7.89 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 465.43 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -22.97 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0112 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 27.98 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 319.78 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product (gdp) in Zimbabwe?
- Gross domestic product (gdp) in Zimbabwe was 50.54 billion international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Zimbabwe?
- The highest recorded value was 83.52 billion international-$ in 2021 prices in 1996.
- What is the lowest gross domestic product (gdp) recorded in Zimbabwe?
- The lowest recorded value was 6.29 billion international-$ in 2021 prices in 2005.
- How does Zimbabwe rank for gross domestic product (gdp)?
- Zimbabwe ranks 117th out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Zimbabwe?
- Over the last ten years it is up 20.1%. The long-run trend across the full record is volatile.
- Where does this Zimbabwe data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.