Bank deposits to GDP (%) in Zimbabwe
Zimbabwe: Bank deposits to GDP (%) was 15.9% in 2021. ◆ Volatile
Bank deposits to GDP in Zimbabwe, 1975–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, bank deposits to gdp in Zimbabwe stood at 15.9%.
Compared with earlier readings it is down 11.2% on the previous year and down 21.7% over ten years.
Over the whole period, bank deposits to gdp in Zimbabwe peaked at 40.1% in 2018 and was at its lowest, 0.0%, in 1979.
Zimbabwe ranks 174th of 185 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Bank deposits to GDP (%) in Zimbabwe, year by year
| Year | % | Change |
|---|---|---|
| 1975 | 5.7% | — |
| 1976 | 6.2% | +8.8% |
| 1977 | 6.6% | +5.9% |
| 1978 | 7.3% | +10.3% |
| 1979 | 0.0% | -99.9% |
| 1980 | 0.0% | +47.0% |
| 1981 | 0.0% | -5.5% |
| 1982 | 0.0% | +18.4% |
| 1983 | 0.0% | +6.3% |
| 1984 | 0.0% | +32.8% |
| 1985 | 0.0% | +31.3% |
| 1986 | 0.0% | -8.1% |
| 1987 | 0.0% | +21.4% |
| 1988 | 0.0% | +4.1% |
| 1989 | 0.0% | +17.1% |
| 1990 | 0.0% | -7.7% |
| 1991 | 0.0% | +6.0% |
| 1992 | 0.1% | +40.8% |
| 1993 | 0.1% | +73.4% |
| 1994 | 0.1% | +36.8% |
| 1995 | 0.2% | +21.7% |
| 1996 | 0.2% | +8.8% |
| 1997 | 0.3% | +34.7% |
| 1998 | 0.2% | -5.2% |
| 1999 | 0.3% | +36.2% |
| 2000 | 0.6% | +82.5% |
| 2001 | 1.4% | +126.4% |
| 2002 | 4.2% | +202.1% |
| 2009 | 14.3% | +242.3% |
| 2010 | 18.0% | +26.1% |
| 2011 | 20.3% | +12.6% |
| 2012 | 21.4% | +5.6% |
| 2013 | 19.9% | -6.9% |
| 2014 | 21.8% | +9.5% |
| 2015 | 23.5% | +7.5% |
| 2016 | 26.8% | +14.2% |
| 2017 | 33.5% | +25.0% |
| 2018 | 40.1% | +19.8% |
| 2019 | 20.7% | -48.5% |
| 2020 | 17.9% | -13.5% |
| 2021 | 15.9% | -11.2% |
Zimbabwe compared with similar countries
- Zimbabwe's 15.9% is below the median for lower middle income countries, which is 33.0%, 48% of the median. (46 countries reporting)
- Zimbabwe's 15.9% is below the median for Sub-Saharan Africa, which is 23.8%, 67% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Bank deposits to GDP (%) in Zimbabwe changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +242.3% | 4.2% | 14.3% |
| 2002 | +202.1% | 1.4% | 4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.2% | 0.0% | 7.3% | 5 |
| 1980s | 0.0% | 0.0% | 0.0% | 10 |
| 1990s | 0.2% | 0.0% | 0.3% | 10 |
| 2000s | 5.1% | 0.6% | 14.3% | 4 |
| 2010s | 24.6% | 18.0% | 40.1% | 10 |
| 2020s | 16.9% | 15.9% | 17.9% | 2 |
Countries ranked near Zimbabwe
More financial sector data for Zimbabwe
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0265 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0194 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0265 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is bank deposits to gdp in Zimbabwe?
- Bank deposits to gdp in Zimbabwe was 15.9% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank deposits to gdp recorded in Zimbabwe?
- The highest recorded value was 40.1% in 2018.
- What is the lowest bank deposits to gdp recorded in Zimbabwe?
- The lowest recorded value was 0.0% in 1979.
- How does Zimbabwe rank for bank deposits to gdp?
- Zimbabwe ranks 174th out of 185 countries with data for 2021.
- Is bank deposits to gdp rising or falling in Zimbabwe?
- Over the last ten years it is down 21.7%. The long-run trend across the full record is volatile.
- Where does this Zimbabwe data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank deposits to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Demand, time and saving deposits in deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Bank deposits (IFS lines 24 and 25); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).