Gross domestic savings (% of GDP) in Zimbabwe
Zimbabwe: Gross domestic savings (% of GDP) was 3.4% in 2024. ◆ Volatile
Gross domestic savings in Zimbabwe, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross domestic savings in Zimbabwe is 3.4%, measured in 2024.
The figure is down 13.8% on the previous year and up 207.7% over ten years.
Over the whole period, gross domestic savings in Zimbabwe peaked at 24.7% in 1974 and was at its lowest, -21.5%, in 2008.
That places Zimbabwe 151st out of 188 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings (% of GDP) in Zimbabwe, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 11.8% | — |
| 1961 | 14.2% | +19.8% |
| 1962 | 13.8% | -2.6% |
| 1963 | 12.0% | -12.8% |
| 1964 | 10.2% | -15.5% |
| 1965 | 13.7% | +34.3% |
| 1966 | 14.9% | +9.5% |
| 1967 | 17.4% | +16.6% |
| 1968 | 21.1% | +21.2% |
| 1969 | 16.9% | -20.0% |
| 1970 | 18.3% | +8.6% |
| 1971 | 20.2% | +10.0% |
| 1972 | 23.7% | +17.5% |
| 1973 | 22.9% | -3.5% |
| 1974 | 24.7% | +8.2% |
| 1975 | 23.6% | -4.5% |
| 1976 | 18.0% | -23.7% |
| 1977 | 18.0% | +0.1% |
| 1978 | 11.8% | -34.4% |
| 1979 | 8.6% | -27.4% |
| 1980 | 12.3% | +43.0% |
| 1981 | 11.9% | -2.9% |
| 1982 | 11.7% | -2.3% |
| 1983 | 8.8% | -24.2% |
| 1984 | 16.4% | +85.8% |
| 1985 | 18.0% | +9.8% |
| 1986 | 20.6% | +14.2% |
| 1987 | 17.7% | -14.1% |
| 1988 | 22.1% | +24.9% |
| 1989 | 16.7% | -24.6% |
| 1990 | 17.4% | +4.7% |
| 1991 | 15.8% | -9.3% |
| 1992 | 11.0% | -30.6% |
| 1993 | 21.1% | +91.7% |
| 1994 | 21.8% | +3.6% |
| 1995 | 17.2% | -21.4% |
| 1996 | 19.7% | +14.6% |
| 1997 | 10.1% | -48.4% |
| 1998 | 19.0% | +87.7% |
| 1999 | 18.3% | -3.9% |
| 2000 | 15.8% | -13.5% |
| 2001 | 12.3% | -22.3% |
| 2002 | 1.9% | -84.9% |
| 2003 | 2.3% | +26.0% |
| 2004 | -2.6% | -210.6% |
| 2005 | -7.4% | +186.4% |
| 2006 | -9.3% | +25.8% |
| 2007 | -1.5% | -84.0% |
| 2008 | -21.5% | +1338.1% |
| 2009 | -10.1% | -53.0% |
| 2010 | -5.1% | -49.6% |
| 2011 | -2.5% | -51.4% |
| 2012 | -14.0% | +466.8% |
| 2013 | -5.5% | -60.9% |
| 2014 | -3.2% | -42.0% |
| 2015 | -8.4% | +164.6% |
| 2016 | -1.5% | -82.5% |
| 2017 | 9.0% | -711.5% |
| 2018 | 11.9% | +32.7% |
| 2019 | 6.1% | -48.6% |
| 2020 | 5.5% | -10.2% |
| 2021 | 6.3% | +14.9% |
| 2022 | 1.6% | -75.3% |
| 2023 | 4.0% | +153.7% |
| 2024 | 3.4% | -13.8% |
Zimbabwe compared with similar countries
- Zimbabwe's 3.4% is below the median for lower middle income countries, which is 12.2%, 28% of the median. (45 countries reporting)
- Zimbabwe's 3.4% is below the median for Sub-Saharan Africa, which is 14.7%, 23% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Gross domestic savings (% of 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 |
|---|---|---|---|
| 2008 | -1338.1% | -1.5% | -21.5% |
| 2017 | +711.5% | -1.5% | 9.0% |
| 2012 | -466.8% | -2.5% | -14.0% |
| 2004 | -210.6% | 2.3% | -2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 14.6% | 10.2% | 21.1% | 10 |
| 1970s | 19.0% | 8.6% | 24.7% | 10 |
| 1980s | 15.6% | 8.8% | 22.1% | 10 |
| 1990s | 17.1% | 10.1% | 21.8% | 10 |
| 2000s | -2.0% | -21.5% | 15.8% | 10 |
| 2010s | -1.3% | -14.0% | 11.9% | 10 |
| 2020s | 4.2% | 1.6% | 6.3% | 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 gross domestic savings in Zimbabwe?
- Gross domestic savings in Zimbabwe was 3.4% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Zimbabwe?
- The highest recorded value was 24.7% in 1974.
- What is the lowest gross domestic savings recorded in Zimbabwe?
- The lowest recorded value was -21.5% in 2008.
- How does Zimbabwe rank for gross domestic savings?
- Zimbabwe ranks 151st out of 188 countries with data for 2024.
- Is gross domestic savings rising or falling in Zimbabwe?
- Over the last ten years it is up 207.7%. 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 Gross domestic savings (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). 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.