Zimbabwe Government Debt To GDP

Zimbabwe recorded a Government Debt to GDP of 150.90 percent of the countrys Gross Domestic Product in 2011. Government Debt To GDP in Zimbabwe is reported by the Reserve Bank of Zimbabwe. From 1990 until 2011, Zimbabwe Government Debt To GDP averaged 80.1 percent reaching an all time high of 150.9 percent in December of 2011 and a record low of 48.4 percent in December of 1990. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Zimbabwe Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-17

Actual Previous Highest Lowest Forecast Dates Unit Frequency
150.90 94.00 150.90 48.44 153.12 | 2012/12 1990 - 2011 percent Yearly

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Zimbabwe Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Credit Rating 35.00 [+]
Government Debt To GDP 150.90 2011-12-31 94.00 150.90 48.44 153.12 2012-12-31 percent [+]
Government Budget -4.00 2012-12-31 -3.40 1.30 -7.51 3.95 2013-12-31 Percent of GDP [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


RELATED NEWS

Zimbabwe Interest Rate at 14.11 percent  
The benchmark interest rate in Zimbabwe was last recorded at 14.11 percent. Interest Rate in Zimbabwe is reported by the Reserve Bank of Zimbabwe.
Zimbabwe Corporate Tax Rate at 25.75 percent  
The Corporate Tax Rate in Zimbabwe stands at 25.75 percent. Corporate Tax Rate in Zimbabwe is reported by the Zimbabwe Revenue Authority.
Zimbabwe Inflation Rate at -0.49 percent  
The inflation rate in Zimbabwe was recorded at -0.49 percent in February of 2014. Inflation Rate in Zimbabwe is reported by the Reserve bank of Zimbabwe.
Zimbabwe Balance of Trade at -3600.00 USD Million  
Zimbabwe recorded a trade deficit of 3600 USD Million in 2012. Balance of Trade in Zimbabwe is reported by the Reserve Bank of Zimbabwe.
Zimbabwe Current Account at -1256.40 USD Million  
Zimbabwe recorded a Current Account deficit of 1256.40 USD Million in 2011. Current Account in Zimbabwe is reported by the Reserve Bank of Zimbabwe.
Zimbabwe Government Budget at -4.00 Percent of GDP  
Zimbabwe recorded a Government Budget deficit equal to 4 percent of the country's Gross Domestic Product in 2012. Government Budget in Zimbabwe is reported by the Reserve Bank of Zimbabwe.
Zimbabwe Personal Income Tax Rate at 46.40 percent  
The Personal Income Tax Rate in Zimbabwe stands at 46.40 percent. Personal Income Tax Rate in Zimbabwe is reported by the Zimbabwe Revenue Authority.
Zimbabwe GDP per capita at 428.54 USD  
The Gross Domestic Product per capita in Zimbabwe was last recorded at 428.54 US dollars in 2012. The GDP per Capita in Zimbabwe is equivalent to 3 percent of the worlds average. GDP per capita in Zimbabwe is reported by the World Bank.
Zimbabwe GDP at 10.80 USD Billion  
The Gross Domestic Product (GDP) in Zimbabwe was worth 10.80 billion US dollars in 2012. The GDP value of Zimbabwe represents 0.02 percent of the world economy. GDP in Zimbabwe is reported by the World Bank.
Zimbabwe Population at 12.97 million  
The total population in Zimbabwe was last recorded at 13.0 million people in 2012 from 3.8 million in 1960, changing 246 percent during the last 50 years. Population in Zimbabwe is reported by the ZIMSTAT.
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