Borrowers from commercial banks in Zimbabwe
Zimbabwe: Borrowers from commercial banks was 58.55 per 1,000 adults in 2024. ◆ Volatile
Borrowers from commercial banks in Zimbabwe, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
Zimbabwe recorded 58.55 per 1,000 adults for borrowers from commercial banks in 2024.
Compared with earlier readings it is down 24.3% on the previous year and up 38.5% over ten years.
Over the whole period, borrowers from commercial banks in Zimbabwe peaked at 138.13 per 1,000 adults in 2018 and was at its lowest, 1.51 per 1,000 adults, in 2008.
Zimbabwe ranks 83rd of 112 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Borrowers from commercial banks in Zimbabwe, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2004 | 2.53 per 1,000 adults | — |
| 2005 | 3.47 per 1,000 adults | +37.0% |
| 2006 | 2.91 per 1,000 adults | -16.1% |
| 2007 | 3.59 per 1,000 adults | +23.3% |
| 2008 | 1.51 per 1,000 adults | -58.0% |
| 2009 | 7.18 per 1,000 adults | +376.2% |
| 2010 | 12.15 per 1,000 adults | +69.2% |
| 2011 | 16.09 per 1,000 adults | +32.4% |
| 2012 | 56.04 per 1,000 adults | +248.2% |
| 2013 | 57.9 per 1,000 adults | +3.3% |
| 2014 | 42.27 per 1,000 adults | -27.0% |
| 2015 | 39.16 per 1,000 adults | -7.4% |
| 2016 | 39.73 per 1,000 adults | +1.5% |
| 2017 | 39.84 per 1,000 adults | +0.3% |
| 2018 | 138.13 per 1,000 adults | +246.7% |
| 2019 | 87.12 per 1,000 adults | -36.9% |
| 2020 | 55.52 per 1,000 adults | -36.3% |
| 2021 | 63.27 per 1,000 adults | +14.0% |
| 2022 | 70.59 per 1,000 adults | +11.6% |
| 2023 | 77.37 per 1,000 adults | +9.6% |
| 2024 | 58.55 per 1,000 adults | -24.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.53 per 1,000 adults | 1.51 per 1,000 adults | 7.18 per 1,000 adults | 6 |
| 2010s | 52.84 per 1,000 adults | 12.15 per 1,000 adults | 138.13 per 1,000 adults | 10 |
| 2020s | 65.06 per 1,000 adults | 55.52 per 1,000 adults | 77.37 per 1,000 adults | 5 |
Countries ranked near Zimbabwe
- 80 Uganda 60.34 per 1,000 adults compare
- 81 United Kingdom 59.47 per 1,000 adults compare
- 82 Mozambique 59.25 per 1,000 adults compare
- 84 Sao Tome and Principe 55.43 per 1,000 adults compare
- 85 Lesotho 52.75 per 1,000 adults compare
- 86 East Timor 51.4 per 1,000 adults compare
More financial sector data for Zimbabwe
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 123.66 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0087 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 26.26 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 123.48 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 26.42 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 133.07 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 51.13 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 131.94 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 50.87 SDR per person (2025)
- Total reserves in months of imports, annual growth rate 302.18 % change on previous year (2024)
Frequently asked questions
- What is borrowers from commercial banks in Zimbabwe?
- Borrowers from commercial banks in Zimbabwe was 58.55 per 1,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest borrowers from commercial banks recorded in Zimbabwe?
- The highest recorded value was 138.13 per 1,000 adults in 2018.
- What is the lowest borrowers from commercial banks recorded in Zimbabwe?
- The lowest recorded value was 1.51 per 1,000 adults in 2008.
- How does Zimbabwe rank for borrowers from commercial banks?
- Zimbabwe ranks 83rd out of 112 countries with data for 2024.
- Is borrowers from commercial banks rising or falling in Zimbabwe?
- Over the last ten years it is up 38.5%. The long-run trend across the full record is volatile.
- Where does this Zimbabwe data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Borrowers from commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
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About this data
Borrowers from commercial banks are the reported number of resident customers that are nonfinancial corporations (public and private) and households who obtained loans from commercial banks and other banks functioning as commercial banks.