Gross savings in Zimbabwe
Zimbabwe: Gross savings was 10.7% in 2024. ◆ Volatile
Gross savings in Zimbabwe, 1977–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for gross savings in Zimbabwe is 10.7%, measured in 2024.
Compared with earlier readings it is down 11.3% on the previous year and up 603.6% over ten years.
Over the whole period, gross savings in Zimbabwe peaked at 13.9% in 2018 and was at its lowest, -11.6%, in 1992.
Zimbabwe ranks 158th of 177 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings in Zimbabwe, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1977 | 7.0% | — |
| 1978 | 3.0% | -56.5% |
| 1979 | -1.3% | -141.4% |
| 1980 | -1.6% | +29.3% |
| 1981 | 2.2% | -234.6% |
| 1982 | -5.5% | -350.9% |
| 1983 | -7.7% | +41.6% |
| 1984 | 5.7% | -173.1% |
| 1985 | 4.2% | -26.2% |
| 1986 | 2.2% | -47.4% |
| 1987 | -1.9% | -186.5% |
| 1988 | 3.1% | -262.6% |
| 1989 | 0.9% | -70.6% |
| 1990 | -1.2% | -234.8% |
| 1991 | -5.7% | +364.0% |
| 1992 | -11.6% | +104.2% |
| 1993 | -0.2% | -98.7% |
| 1994 | -5.3% | +3334.8% |
| 2009 | -1.8% | -65.0% |
| 2010 | 1.5% | -181.5% |
| 2011 | 4.8% | +217.1% |
| 2012 | -6.8% | -241.3% |
| 2013 | -0.5% | -92.7% |
| 2014 | 1.5% | -408.3% |
| 2015 | -1.0% | -165.1% |
| 2016 | -1.2% | +23.5% |
| 2017 | 8.4% | -787.9% |
| 2018 | 13.9% | +65.4% |
| 2019 | 9.1% | -34.3% |
| 2020 | 9.8% | +6.9% |
| 2021 | 10.9% | +11.5% |
| 2022 | 7.5% | -31.5% |
| 2023 | 12.1% | +61.7% |
| 2024 | 10.7% | -11.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.9% | -1.3% | 7.0% | 3 |
| 1980s | 0.1% | -7.7% | 5.7% | 10 |
| 1990s | -4.8% | -11.6% | -0.2% | 5 |
| 2000s | -1.8% | -1.8% | -1.8% | 1 |
| 2010s | 3.0% | -6.8% | 13.9% | 10 |
| 2020s | 10.2% | 7.5% | 12.1% | 5 |
Countries ranked near Zimbabwe
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)
- Industry (including construction), value added (constant 2015 US$) 7.78 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1418 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 428.32 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 7.78 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.5046 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 1,525 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 17.46 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4817 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross savings in Zimbabwe?
- Gross savings in Zimbabwe was 10.7% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Zimbabwe?
- The highest recorded value was 13.9% in 2018.
- What is the lowest gross savings recorded in Zimbabwe?
- The lowest recorded value was -11.6% in 1992.
- How does Zimbabwe rank for gross savings?
- Zimbabwe ranks 158th out of 177 countries with data for 2024.
- Is gross savings rising or falling in Zimbabwe?
- Over the last ten years it is up 603.6%. 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 Offices (NSOs), published as part of Gross savings (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.