Prices & public finance · Sub-Saharan Africa · Lower-middle income
Zimbabwe: prices, money and public finance
Inflation is 104.7% (2022), 3rd of 180 in the world and 2nd of 44 in Sub-Saharan Africa. GDP deflator is 83.1% (2025), 3rd of 209 in the world and 1st of 46 in Sub-Saharan Africa. Lending rate is 46.4% (2025), 2nd of 136 in the world and 2nd of 36 in Sub-Saharan Africa.
Inflation
ZimbabweSub-Saharan AfricaLower-middle incomeWorld
GDP deflator
ZimbabweSub-Saharan AfricaLower-middle incomeWorld
13 indicators
Prices & public finance: Zimbabwe in detail
Latest reported value, world rank and rank within Sub-Saharan Africa; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| InflationInflation, consumer prices, annual % | 104.7%2022 | 3/180 | 2/44 | · | 3.0% | 557.2% | +101.0 ppsince 2012 | 3.4% | 3.6% | 3.0% | |
| GDP deflatorInflation, GDP deflator, annual % | 83.1%2025 | 3/209 | 1/46 | 0.6% | 4.1% | 586.0% | +82.5 ppsince 2015 | 4.1% | 5.0% | 3.3% | |
| Lending rateLending interest rate, % | 46.4%2025 | 2/136 | 2/36 | · | 11.6%2012 | 33.0% | +37.8 ppsince 2015 | — | — | — | |
| Real interest rateReal interest rate, % | -20.1%2025 | 134/136 | 35/36 | · | 7.3%2012 | -80.6% | −28.0 ppsince 2015 | — | — | — | |
| Exchange rateOfficial exchange rate, local currency per US$ | 26.602025 | 88/210 | 36/47 | 0.04 | 6,723,052,073.342008 | 51.33 | −100%since 2008 | — | — | — | |
| Tax revenueTax revenue, % of GDP | 7.2%2018 | — | — | · | 17.4% | 7.2%2018 | — | — | 12.1% | 13.9% | |
| Government revenueGovernment revenue excluding grants, % of GDP | 8.1%2018 | — | — | · | 19.4% | 8.1%2018 | — | — | 14.2% | 24.0% | |
| Government expenseGovernment expense, % of GDP | 11.0%2018 | — | — | · | 16.1% | 11.0%2018 | — | — | 15.7% | 28.5% | |
| External debtExternal debt stocks, % of GNI | 33.0%2024 | 84/119 | 31/43 | 90.9% | 61.7% | 49.5% | −13.7 ppsince 2014 | — | 30.1% | — | |
| Private creditDomestic credit to private sector, % of GDP | 6.5%2023 | 161/169 | 37/42 | 21.6% | 13.5% | 3.6% | −12.3 ppsince 2013 | 31.7% | 38.7% | 140.3% | |
| Broad moneyBroad money, % of GDP | 11.2%2023 | 146/146 | 42/42 | 26.7% | 18.5% | 10.0% | −9.2 ppsince 2013 | 42.6% | 67.4% | 135.7% | |
| Reserves, months of importsTotal reserves in months of imports | 0.52024 | 159/165 | 31/32 | · | 1.3 | 0.1 | −1.7%since 2014 | 6.1 | 7.7 | 8.6 | |
| Military spendingMilitary expenditure, % of GDP | 0.56%2025 | 141/156 | 41/45 | 3.05% | 0.82% | 0.97% | −1.3 ppsince 2015 | 1.13% | 1.92% | 2.48% |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
- External debt−13.7 pp33.0% in 2024
Worse than ten years ago
- Inflation+101.0 pp104.7% in 2022
- Reserves, months of imports−1.7%0.5 in 2024
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Zimbabwe and its neighbours
Countries sharing a land border with Zimbabwe. Latest values since 2005; the highest in each row is marked.
| Indicator | Zimbabwe | South Africa | Mozambique | Zambia | Botswana |
|---|---|---|---|---|---|
| Inflation | 104.7%2022 | 3.2%2025 | 4.4%2025 | 13.9%2025 | 2.7%2025 |
| GDP deflator | 83.1%2025 | 2.8%2025 | -1.0%2025 | 5.6%2025 | 3.6%2025 |
| Lending rate | 46.4%2025 | 10.7%2025 | 17.5%2025 | 9.5%2020 | 6.3%2024 |
| Real interest rate | -20.1%2025 | 7.7%2025 | 18.7%2025 | -3.9%2020 | 4.2%2024 |
| Exchange rate | 26.602025 | 17.892025 | 63.912024 | 25.282025 | 13.502025 |
| Tax revenue | 7.2%2018 | 25.9%2024 | 21.8%2024 | 18.8%2024 | 22.4%2023 |
| Government revenue | 8.1%2018 | 29.4%2024 | 24.5%2024 | 23.4%2024 | 28.1%2023 |
| Government expense | 11.0%2018 | 33.4%2022 | 26.0%2022 | 25.1%2021 | 26.5%2024 |
| External debt | 33.0%2024 | 44.8%2024 | 350.6%2024 | 114.2%2024 | 11.9%2024 |