Gross domestic product (GDP), annual growth rate in Zimbabwe
Zimbabwe: Gross domestic product (GDP), annual growth rate was 5.17 % change on previous year in 2023. ◆ Volatile
Latest (2023)
5.17 % change on previous year
Change on year
down 36.4%
World rank
50th
of 184 countries
All-time high
223.48 % change on previous year
in 2006
All-time low
-70.27 % change on previous year
in 2005
Years of data
69
1955–2023
Gross domestic product (GDP), annual growth rate in Zimbabwe, 1955–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Zimbabwe recorded 5.17 % change on previous year for gross domestic product (gdp), annual growth rate in 2023.
The figure is down 36.4% on the previous year and up 6.7% over ten years.
Over the whole period, gross domestic product (gdp), annual growth rate in Zimbabwe peaked at 223.48 % change on previous year in 2006 and was at its lowest, -70.27 % change on previous year, in 2005.
Zimbabwe ranks 50th of 184 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.
Gross domestic product (GDP), annual growth rate in Zimbabwe, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1955 | 2.87 % change on previous year | — |
| 1956 | 9.35 % change on previous year | +225.9% |
| 1957 | 10.47 % change on previous year | +11.9% |
| 1958 | 0.1638 % change on previous year | -98.4% |
| 1959 | 13.98 % change on previous year | +8434.1% |
| 1960 | 6.06 % change on previous year | -56.7% |
| 1961 | 5.82 % change on previous year | -3.9% |
| 1962 | -0.4632 % change on previous year | -108.0% |
| 1963 | 2.4 % change on previous year | -618.5% |
| 1964 | -2.92 % change on previous year | -221.7% |
| 1965 | 10.07 % change on previous year | -444.7% |
| 1966 | -2.44 % change on previous year | -124.2% |
| 1967 | 1.13 % change on previous year | -146.5% |
| 1968 | -7.39 % change on previous year | -752.6% |
| 1969 | 26.3 % change on previous year | -455.9% |
| 1970 | 21.98 % change on previous year | -16.4% |
| 1971 | 8.96 % change on previous year | -59.2% |
| 1972 | 12.15 % change on previous year | +35.7% |
| 1973 | 4.53 % change on previous year | -62.8% |
| 1974 | 9.48 % change on previous year | +109.4% |
| 1975 | -2.4 % change on previous year | -125.4% |
| 1976 | 0.5046 % change on previous year | -121.0% |
| 1977 | -10.05 % change on previous year | -2091.6% |
| 1978 | 11.13 % change on previous year | -210.7% |
| 1979 | 4.88 % change on previous year | -56.2% |
| 1980 | 5.16 % change on previous year | +5.8% |
| 1981 | 21.8 % change on previous year | +322.4% |
| 1982 | 5.96 % change on previous year | -72.7% |
| 1983 | 16.81 % change on previous year | +182.2% |
| 1984 | -4.43 % change on previous year | -126.3% |
| 1985 | 8.76 % change on previous year | -297.9% |
| 1986 | 4.56 % change on previous year | -47.9% |
| 1987 | -1.08 % change on previous year | -123.7% |
| 1988 | 18.32 % change on previous year | -1793.6% |
| 1989 | 11.86 % change on previous year | -35.2% |
| 1990 | 11.54 % change on previous year | -2.7% |
| 1991 | 19.14 % change on previous year | +65.9% |
| 1992 | -8.6 % change on previous year | -144.9% |
| 1993 | 1.8 % change on previous year | -121.0% |
| 1994 | 9.65 % change on previous year | +435.4% |
| 1995 | -1.85 % change on previous year | -119.2% |
| 1996 | 11.96 % change on previous year | -746.0% |
| 1997 | -19.74 % change on previous year | -265.1% |
| 1998 | -9.41 % change on previous year | -52.3% |
| 1999 | 4.4 % change on previous year | -146.7% |
| 2000 | -28.4 % change on previous year | -745.9% |
| 2001 | 24.76 % change on previous year | -187.2% |
| 2002 | 5.19 % change on previous year | -79.1% |
| 2003 | -22.43 % change on previous year | -532.6% |
| 2004 | -54.23 % change on previous year | +141.7% |
| 2005 | -70.27 % change on previous year | +29.6% |
| 2006 | 223.48 % change on previous year | -418.0% |
| 2007 | 12.11 % change on previous year | -94.6% |
| 2008 | -26.37 % change on previous year | -317.8% |
| 2009 | 78.9 % change on previous year | -399.2% |
| 2010 | -1.94 % change on previous year | -102.5% |
| 2011 | 20.04 % change on previous year | -1132.2% |
| 2012 | 13.51 % change on previous year | -32.6% |
| 2013 | 4.85 % change on previous year | -64.1% |
| 2014 | 2.03 % change on previous year | -58.2% |
| 2015 | 3.82 % change on previous year | +88.8% |
| 2016 | 4.81 % change on previous year | +25.7% |
| 2017 | 10.52 % change on previous year | +118.8% |
| 2018 | -45.08 % change on previous year | -528.7% |
| 2019 | 59.12 % change on previous year | -231.1% |
| 2020 | 1.95 % change on previous year | -96.7% |
| 2021 | -3.36 % change on previous year | -272.6% |
| 2022 | 8.13 % change on previous year | -342.2% |
| 2023 | 5.17 % change on previous year | -36.4% |
Biggest year-on-year movements
Years where Gross domestic product (GDP), annual growth rate 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 |
|---|---|---|---|
| 1959 | +8434.1% | 0.1638 % change on previous year | 13.98 % change on previous year |
| 1977 | -2091.6% | 0.5046 % change on previous year | -10.05 % change on previous year |
| 1988 | +1793.6% | -1.08 % change on previous year | 18.32 % change on previous year |
| 2011 | +1132.2% | -1.94 % change on previous year | 20.04 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 7.37 % change on previous year | 0.1638 % change on previous year | 13.98 % change on previous year | 5 |
| 1960s | 3.86 % change on previous year | -7.39 % change on previous year | 26.3 % change on previous year | 10 |
| 1970s | 6.11 % change on previous year | -10.05 % change on previous year | 21.98 % change on previous year | 10 |
| 1980s | 8.77 % change on previous year | -4.43 % change on previous year | 21.8 % change on previous year | 10 |
| 1990s | 1.89 % change on previous year | -19.74 % change on previous year | 19.14 % change on previous year | 10 |
| 2000s | 14.27 % change on previous year | -70.27 % change on previous year | 223.48 % change on previous year | 10 |
| 2010s | 7.17 % change on previous year | -45.08 % change on previous year | 59.12 % change on previous year | 10 |
| 2020s | 2.97 % change on previous year | -3.36 % change on previous year | 8.13 % change on previous year | 4 |
Countries ranked near Zimbabwe
- 47 Nicaragua 5.26 % change on previous year compare
- 48 Uzbekistan 5.18 % change on previous year compare
- 49 Benin 5.18 % change on previous year compare
- 51 China 5.13 % change on previous year compare
- 52 Mozambique 4.93 % change on previous year compare
- 53 Montenegro 4.85 % change on previous year 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), annual growth rate in Zimbabwe?
- Gross domestic product (gdp), annual growth rate in Zimbabwe was 5.17 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), annual growth rate recorded in Zimbabwe?
- The highest recorded value was 223.48 % change on previous year in 2006.
- What is the lowest gross domestic product (gdp), annual growth rate recorded in Zimbabwe?
- The lowest recorded value was -70.27 % change on previous year in 2005.
- How does Zimbabwe rank for gross domestic product (gdp), annual growth rate?
- Zimbabwe ranks 50th out of 184 countries with data for 2023.
- Is gross domestic product (gdp), annual growth rate rising or falling in Zimbabwe?
- Over the last ten years it is up 6.7%. The long-run trend across the full record is volatile.
- Where does this Zimbabwe data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 69 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.