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% |
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
- 171 Liberia 17.9% compare
- 172 Afghanistan 17.6% compare
- 173 Cameroon 16.8% compare
- 175 Congo 15.8% compare
- 176 South Sudan 15.8% compare
- 177 Tanzania, United Republic of 15.5% compare
More financial sector data for Zimbabwe
- Net domestic credit (current LCU), per capita 342.32 current LCU per person (2023)
- Net domestic credit (current LCU), per unit of GDP 0.1559 current LCU per US$ of GDP (2023)
- Net domestic credit (current LCU), annual growth rate 795.49 % change on previous year (2023)
- Gold reserves at 35 SDRs per ounce 4.60 million SDR (2025)
- Gold reserves at market value 418.82 million SDR (2025)
- Reserves excluding gold, foreign exchange 445.13 million SDR (2025)
- Reserves excluding gold 447.90 million SDR (2025)
- Total reserves (gold at market value) 866.72 million SDR (2025)
- Total reserves (gold at national valuation) 862.25 million SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 50.87 SDR per person (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.
Download this data
CSV · JSON — 41 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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).