Trade in services in Zimbabwe
Zimbabwe: Trade in services was 5.1% in 2024. ▼ Falling
Trade in services in Zimbabwe, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, trade in services in Zimbabwe stood at 5.1%.
Compared with earlier readings it is down 10.2% on the previous year and down 57.1% over ten years.
Over the whole period, trade in services in Zimbabwe peaked at 16.0% in 1994 and was at its lowest, 2.9%, in 2021.
Zimbabwe ranks 196th of 200 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 34 years of available data.
Trade in services in Zimbabwe, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1977 | 6.7% | — |
| 1978 | 6.9% | +3.4% |
| 1979 | 7.0% | +1.8% |
| 1980 | 8.4% | +19.8% |
| 1981 | 8.3% | -0.9% |
| 1982 | 7.2% | -13.3% |
| 1983 | 7.4% | +2.4% |
| 1984 | 7.8% | +5.5% |
| 1985 | 13.4% | +71.8% |
| 1986 | 7.8% | -42.0% |
| 1987 | 7.6% | -2.2% |
| 1988 | 7.7% | +0.8% |
| 1989 | 8.4% | +9.6% |
| 1990 | 8.6% | +2.5% |
| 1991 | 10.4% | +20.5% |
| 1992 | 14.3% | +37.2% |
| 1993 | 14.2% | -0.4% |
| 1994 | 16.0% | +12.1% |
| 2009 | 12.2% | -23.6% |
| 2010 | 13.7% | +12.2% |
| 2011 | 15.3% | +12.0% |
| 2012 | 12.4% | -19.3% |
| 2013 | 11.8% | -4.7% |
| 2014 | 11.9% | +0.9% |
| 2015 | 9.6% | -19.5% |
| 2016 | 8.1% | -15.6% |
| 2017 | 3.1% | -61.0% |
| 2018 | 4.5% | +42.0% |
| 2019 | 4.5% | +1.4% |
| 2020 | 3.7% | -19.5% |
| 2021 | 2.9% | -21.7% |
| 2022 | 4.6% | +62.1% |
| 2023 | 5.7% | +22.4% |
| 2024 | 5.1% | -10.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.9% | 6.7% | 7.0% | 3 |
| 1980s | 8.4% | 7.2% | 13.4% | 10 |
| 1990s | 12.7% | 8.6% | 16.0% | 5 |
| 2000s | 12.2% | 12.2% | 12.2% | 1 |
| 2010s | 9.5% | 3.1% | 15.3% | 10 |
| 2020s | 4.4% | 2.9% | 5.7% | 5 |
Countries ranked near Zimbabwe
- 193 Bolivia, Plurinational State of 5.3% compare
- 194 Pakistan 5.2% compare
- 195 China 5.2% compare
- 197 Bangladesh 5.1% compare
- 198 Algeria 5.0% compare
- 199 Iran, Islamic Republic of 3.4% 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)
- Manufacturing, value added (current US$), per unit of GDP 0.1491 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 450.44 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 4.74 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 14,322 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0499 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 150.67 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 648.14 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 30.6 % change on previous year (2025)
Frequently asked questions
- What is trade in services in Zimbabwe?
- Trade in services in Zimbabwe was 5.1% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in Zimbabwe?
- The highest recorded value was 16.0% in 1994.
- What is the lowest trade in services recorded in Zimbabwe?
- The lowest recorded value was 2.9% in 2021.
- How does Zimbabwe rank for trade in services?
- Zimbabwe ranks 196th out of 200 countries with data for 2024.
- Is trade in services rising or falling in Zimbabwe?
- Over the last ten years it is down 57.1%. The long-run trend across the full record is falling.
- Where does this Zimbabwe data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Trade in services (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. 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.