Total debt service in Zimbabwe
Zimbabwe: Total debt service was 19.5% in 2023. ◆ Volatile
Total debt service in Zimbabwe, 1977–2023
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
In 2023, total debt service in Zimbabwe stood at 19.5%.
That represents a change of up 220.8% on the previous year and up 38.2% over ten years.
Over the whole period, total debt service in Zimbabwe peaked at 36.9% in 1983 and was at its lowest, 0.6%, in 1977.
That places Zimbabwe 36th out of 120 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.
Total debt service in Zimbabwe, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1977 | 0.6% | — |
| 1978 | 0.8% | +37.2% |
| 1979 | 1.2% | +46.1% |
| 1980 | 3.8% | +221.4% |
| 1981 | 6.4% | +69.0% |
| 1982 | 13.2% | +105.6% |
| 1983 | 36.9% | +179.2% |
| 1984 | 26.2% | -29.1% |
| 1985 | 29.0% | +11.0% |
| 1986 | 31.1% | +7.2% |
| 1987 | 32.3% | +3.9% |
| 1988 | 28.5% | -11.8% |
| 1989 | 22.5% | -21.2% |
| 1990 | 23.2% | +3.4% |
| 1991 | 23.2% | -0.0% |
| 1992 | 32.5% | +39.7% |
| 1993 | 31.2% | -4.0% |
| 1994 | 25.5% | -18.3% |
| 2009 | 6.6% | -74.2% |
| 2010 | 10.9% | +66.5% |
| 2011 | 23.7% | +116.4% |
| 2012 | 17.2% | -27.3% |
| 2013 | 14.1% | -17.9% |
| 2014 | 12.7% | -10.0% |
| 2015 | 16.8% | +32.2% |
| 2016 | 30.6% | +82.1% |
| 2017 | 15.5% | -49.3% |
| 2018 | 11.7% | -24.6% |
| 2019 | 30.2% | +158.8% |
| 2020 | 18.7% | -38.2% |
| 2021 | 9.2% | -50.6% |
| 2022 | 6.1% | -34.1% |
| 2023 | 19.5% | +220.8% |
Zimbabwe compared with similar countries
- Zimbabwe's 19.5% is above the median for lower middle income countries, which is 16.6%, 1.2× the median. (43 countries reporting)
- Zimbabwe's 19.5% is above the median for Sub-Saharan Africa, which is 11.8%, 1.7× the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.9% | 0.6% | 1.2% | 3 |
| 1980s | 23.0% | 3.8% | 36.9% | 10 |
| 1990s | 27.1% | 23.2% | 32.5% | 5 |
| 2000s | 6.6% | 6.6% | 6.6% | 1 |
| 2010s | 18.3% | 10.9% | 30.6% | 10 |
| 2020s | 13.4% | 6.1% | 19.5% | 4 |
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)
- 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 total debt service in Zimbabwe?
- Total debt service in Zimbabwe was 19.5% in 2023, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Zimbabwe?
- The highest recorded value was 36.9% in 1983.
- What is the lowest total debt service recorded in Zimbabwe?
- The lowest recorded value was 0.6% in 1977.
- How does Zimbabwe rank for total debt service?
- Zimbabwe ranks 36th out of 120 countries with data for 2023.
- Is total debt service rising or falling in Zimbabwe?
- Over the last ten years it is up 38.2%. The long-run trend across the full record is volatile.
- Where does this Zimbabwe data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Total debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Total debt service to exports of goods, services and primary income. Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.