Gross Domestic Product — Value Standard Local Currency in Zimbabwe
Zimbabwe: Gross Domestic Product — Value Standard Local Currency was 369,182 million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency in Zimbabwe, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Zimbabwe recorded 369,182 million SLC for gross domestic product — value standard local currency in 2024. That is the highest value across all 55 years on record.
The figure is up 1,115.7% on the previous year and up 1,793.7% over ten years.
Over the whole period, gross domestic product — value standard local currency in Zimbabwe peaked at 369,182 million SLC in 2024 and was at its lowest, 2,337 million SLC, in 1970.
Zimbabwe ranks 125th of 218 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 — Value Standard Local Currency in Zimbabwe, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 2,337 million SLC | — |
| 1971 | 2,702 million SLC | +15.6% |
| 1972 | 3,336 million SLC | +23.5% |
| 1973 | 4,104 million SLC | +23.0% |
| 1974 | 4,938 million SLC | +20.3% |
| 1975 | 5,421 million SLC | +9.8% |
| 1976 | 5,357 million SLC | -1.2% |
| 1977 | 5,411 million SLC | +1.0% |
| 1978 | 5,413 million SLC | +0.0% |
| 1979 | 6,422 million SLC | +18.6% |
| 1980 | 8,257 million SLC | +28.6% |
| 1981 | 9,935 million SLC | +20.3% |
| 1982 | 10,590 million SLC | +6.6% |
| 1983 | 9,628 million SLC | -9.1% |
| 1984 | 7,877 million SLC | -18.2% |
| 1985 | 8,720 million SLC | +10.7% |
| 1986 | 9,616 million SLC | +10.3% |
| 1987 | 10,426 million SLC | +8.4% |
| 1988 | 12,086 million SLC | +15.9% |
| 1989 | 12,781 million SLC | +5.8% |
| 1990 | 13,560 million SLC | +6.1% |
| 1991 | 12,652 million SLC | -6.7% |
| 1992 | 10,434 million SLC | -17.5% |
| 1993 | 10,135 million SLC | -2.9% |
| 1994 | 10,656 million SLC | +5.1% |
| 1995 | 11,063 million SLC | +3.8% |
| 1996 | 13,466 million SLC | +21.7% |
| 1997 | 13,854 million SLC | +2.9% |
| 1998 | 9,706 million SLC | -29.9% |
| 1999 | 9,225 million SLC | -5.0% |
| 2000 | 8,721 million SLC | -5.5% |
| 2001 | 8,659 million SLC | -0.7% |
| 2002 | 8,215 million SLC | -5.1% |
| 2003 | 7,746 million SLC | -5.7% |
| 2004 | 7,416 million SLC | -4.3% |
| 2005 | 7,189 million SLC | -3.1% |
| 2006 | 7,049 million SLC | -1.9% |
| 2007 | 6,958 million SLC | -1.3% |
| 2008 | 6,348 million SLC | -8.8% |
| 2009 | 9,666 million SLC | +52.3% |
| 2010 | 12,042 million SLC | +24.6% |
| 2011 | 14,102 million SLC | +17.1% |
| 2012 | 17,115 million SLC | +21.4% |
| 2013 | 19,091 million SLC | +11.5% |
| 2014 | 19,496 million SLC | +2.1% |
| 2015 | 19,963 million SLC | +2.4% |
| 2016 | 20,549 million SLC | +2.9% |
| 2017 | 22,041 million SLC | +7.3% |
| 2018 | 23,645 million SLC | +7.3% |
| 2019 | 22,594 million SLC | -4.4% |
| 2020 | 21,665 million SLC | -4.1% |
| 2021 | 24,118 million SLC | +11.3% |
| 2022 | 26,419 million SLC | +9.5% |
| 2023 | 30,368 million SLC | +15.0% |
| 2024 | 369,182 million SLC | +1115.7% |
Zimbabwe compared with similar countries
- Zimbabwe's 369,182 million SLC is below the median for lower middle income countries, which is 1.54 million million SLC, 24% of the median. (43 countries reporting)
- Zimbabwe's 369,182 million SLC is below the median for Sub-Saharan Africa, which is 8.81 million million SLC, 4% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency 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 |
|---|---|---|---|
| 2024 | +1115.7% | 30,368 million SLC | 369,182 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4,544 million SLC | 2,337 million SLC | 6,422 million SLC | 10 |
| 1980s | 9,991 million SLC | 7,877 million SLC | 12,781 million SLC | 10 |
| 1990s | 11,475 million SLC | 9,225 million SLC | 13,854 million SLC | 10 |
| 2000s | 7,797 million SLC | 6,348 million SLC | 9,666 million SLC | 10 |
| 2010s | 19,064 million SLC | 12,042 million SLC | 23,645 million SLC | 10 |
| 2020s | 94,350 million SLC | 21,665 million SLC | 369,182 million SLC | 5 |
Countries ranked near Zimbabwe
- 122 Mauritania 426,551 million SLC compare
- 123 New Zealand 424,902 million SLC compare
- 124 China, Macao SAR 403,314 million SLC compare
- 126 Bolivia (Plurinational State of) 343,208 million SLC compare
- 127 Moldova 320,523 million SLC compare
- 128 Cabo Verde 287,875 million SLC 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 — value standard local currency in Zimbabwe?
- Gross domestic product — value standard local currency in Zimbabwe was 369,182 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency recorded in Zimbabwe?
- The highest recorded value was 369,182 million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency recorded in Zimbabwe?
- The lowest recorded value was 2,337 million SLC in 1970.
- How does Zimbabwe rank for gross domestic product — value standard local currency?
- Zimbabwe ranks 125th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency rising or falling in Zimbabwe?
- Over the last ten years it is up 1,793.7%. The long-run trend across the full record is volatile.
- Where does this Zimbabwe data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).