Zimbabwe | Economic Forecasts | 2017-2020 Outlook

This page has economic forecasts for Zimbabwe including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Zimbabwe economy.


GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Annual Growth Rate 0.60 3.5 4 3.1 3.5 4.9 percent [+]
GDP 14.42 14.28 14.32 15.86 14.33 17.4 USD Billion [+]
GDP per capita 814.56 817 817 816 815 810 USD [+]
GDP Per Capita Ppp 1677.97 1680 1688 1695 1690 1671 USD [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 11.30 11.35 11.45 11.55 11.58 11.98 percent [+]
Population 15.60 15.77 15.86 15.95 16.04 17.37 million [+]
Wages High Skilled 907.00 1025 1051 1109 1148 968 USD/Month [+]
Wages Low Skilled 382.00 363 360 362 361 361 USD/Month [+]
Living Wage Family 490.00 495 496 496 496 496 USD/Month [+]
Living Wage Individual 411.20 423 437 428 433 431 USD/Month [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 0.21 -1.16 -1 -1.12 -0.06 0.7 percent [+]
Food Inflation 1.29 4744875 8558207 11234135 13081313 17102162 percent [+]
Cpi Transportation 97.50 97.33 97.23 97.15 97.12 97.1 Index Points [+]
Consumer Price Index Cpi 97.00 97.59 97.91 98.05 98.07 97.53 Index Points [+]
Inflation Rate Mom 0.03 0.06 0.13 0.13 0.12 0.13 percent [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Interest Rate 10.68 10.5 10.4 10 10 9 percent [+]
Money Supply M1 3383841.00 3861544 4098206 4325170 4542823 6422826 USD Thousands [+]
Money Supply M2 4763048.00 5141228 5354596 5562828 5766991 7762660 USD Thousands [+]
Money Supply M3 5680532.00 6080592 6299015 6514356 6726365 8850846 USD Thousands [+]
Deposit Interest Rate 121.50 170 180 190 167 64.14 percent [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -197.50 -270 -293 -309 -320 -345 USD Million [+]
Exports 291.87 280 279 278 278 278 USD Million [+]
Imports 489.37 608 642 664 680 712 USD Million [+]
Current Account -2595.30 -2433 -2352 -2272 -2230 -2158 USD Million [+]
Current Account to GDP -17.80 -19.64 -18.12 -16.59 -16.34 -14.99 percent [+]
Terrorism Index 0.41 1.37 1.15 0.94 0.93 1 [+]
Tourist Arrivals 2056588.00 1841590 1834367 1827144 1815049 1790130 [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 76.90 73.49 73.19 72.89 73.17 74.48 percent [+]
Government Budget -1.70 -1.72 -1.81 -1.9 -1.95 -2.01 percent of GDP [+]
Military Expenditure 382.80 277 277 277 266 207 USD Million [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Ease of Doing Business 161.00 161 161 162 162 162 [+]
Corruption Index 22.00 21.8 21.8 21.8 21.8 24.81 Points [+]
Corruption Rank 154.00 154 155 157 156 155 [+]
Competitiveness Index 3.41 3.42 3.42 3.42 3.34 3.25 Points [+]
Competitiveness Rank 126.00 123 123 123 127 133 [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Corporate Tax Rate 25.75 25.75 25.75 25.75 25.75 25.75 percent [+]
Personal Income Tax Rate 50.00 46.13 45.3 44.48 44.25 44.35 percent [+]
Sales Tax Rate 15.00 15 15 15 15 15 percent [+]