Economy of Zimbabwe
Economy of Zimbabwe
Currency
Zimbabwean dollar (ZWD)
Fiscal year
calendar year
Trade
organisations
WTO
Statistics
GDP
USD $28.098 billion (2007)
(IMF); USD $6.186 billion
(2007) (CIA+WB)
GDP growth
-5.7% (2007) -3.6% (2008)
(IMF est.)
GDP per capita USD $500 (2007 est.)
GDP by sector
Agriculture: 16.7%,
Industry: 21.6%, Services:
61.6% (2007)
Inflation (CPI)
231,000,000% (CSO - July
2008) [1]
HHIZ Nov 14. 8.97 × 1022%
[1]
Population
below poverty
line
80% earn below poverty line
of ZWD 13 Trillion per
month (USD $41.00) (July
2008). However, the average
wage is only ZWD 100
Billion (30c) per month. [2]
Gini index
50.1% (1995) 56.8% (2003)
[3]
Labour force
4.23 million (2004 est.)
Labour force
by occupation
Agriculture: 60%, Services:
9%, Wholesale, Retail,
Hotels, Restaurants: ~4%,
Manufacturing: 4%, Mining:
3% (2003)
Unemployment 94%[2] (end of 2008)
Main
industries
mining (coal, gold, platinum,
copper, nickel, tin, clay,
numerous metallic and non-
metallic ores), steel; wood
products, cement, chemicals,
fertilizer, clothing and
footwear, foodstuffs,
beverages
External
Exports
USD $1.775 billion (2006
est.)
Export goods
Cotton, tobacco, gold,
ferroalloys, textiles/clothing
Main export
partners
South Africa 36.4%, (China,
Japan, Zambia) 7.3% each,
Mozambique 4.7%, (US,
Botswana, Italy, Germany,
Netherlands) 3.6% each
(2006)
Imports
USD $2.059 billion (2005
est.) f.o.b.
Import goods
machinery and transport
equipment, other
manufactures, chemicals,
fuels
Main import
partners
South Africa 43%, China
4.6%, Botswana 3.3% (2005)
Public finances
Public Debt
Domestic: ZWD $60.8 trillion
(rev) (01 Feb 2008), $790.6
quadrillion (rev) (31 July
2008) [4].
International: USD $4.69
billion (Dec 2008), USD $1.3
billion (Dec 2002)
Revenues
ZWD $216 billion (rev)
(2006)
Expenses
ZWD $451 billion (rev)
(2006)
Economic aid
recipient: $178 million; note
- the EU and the US provide
food orange aid on
humanitarian grounds (2000
est.)
Main data source: CIA World Fact Book
All values, unless otherwise stated, are in