Broad money growth (annual %) in Zimbabwe
Zimbabwe: Broad money growth (annual %) was 708.9% in 2023. ◆ Volatile
Broad money growth in Zimbabwe, 1980–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
The most recent figure for broad money growth in Zimbabwe is 708.9%, measured in 2023. That is the highest value across all 40 years on record.
The figure is up 80.9% on the previous year and up 15,476.3% over ten years.
Over the whole period, broad money growth in Zimbabwe peaked at 708.9% in 2023 and was at its lowest, -58.2%, in 2003.
Zimbabwe ranks 2nd of 167 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money growth (annual %) in Zimbabwe, year by year
| Year | annual % | Change |
|---|---|---|
| 1980 | 81.5% | — |
| 1981 | 15.7% | -80.8% |
| 1982 | 24.8% | +58.2% |
| 1983 | -3.9% | -115.9% |
| 1984 | 10.0% | -353.5% |
| 1985 | 17.7% | +77.6% |
| 1986 | 4.2% | -76.2% |
| 1987 | 27.1% | +541.7% |
| 1988 | 20.8% | -23.3% |
| 1989 | 24.3% | +16.6% |
| 1990 | -53.0% | -318.3% |
| 1991 | -27.6% | -47.9% |
| 1992 | -24.2% | -12.2% |
| 1993 | 34.8% | -243.8% |
| 1994 | 7.3% | -79.0% |
| 1995 | 18.1% | +147.4% |
| 1996 | 15.5% | -14.1% |
| 1997 | 16.6% | +7.0% |
| 1998 | -43.1% | -359.4% |
| 1999 | -16.0% | -62.9% |
| 2000 | 45.7% | -385.3% |
| 2001 | 84.3% | +84.7% |
| 2002 | 191.8% | +127.5% |
| 2003 | -58.2% | -130.3% |
| 2004 | -54.7% | -6.0% |
| 2005 | 43.4% | -179.4% |
| 2010 | 61.1% | +40.6% |
| 2011 | 31.2% | -48.9% |
| 2012 | 27.5% | -11.9% |
| 2013 | 4.6% | -83.4% |
| 2014 | 12.6% | +176.4% |
| 2015 | 8.2% | -34.8% |
| 2016 | 19.0% | +132.2% |
| 2017 | 38.6% | +102.9% |
| 2018 | 28.0% | -27.4% |
| 2019 | 249.8% | +790.7% |
| 2020 | 485.5% | +94.3% |
| 2021 | 131.8% | -72.8% |
| 2022 | 391.9% | +197.3% |
| 2023 | 708.9% | +80.9% |
Zimbabwe compared with similar countries
- Zimbabwe's 708.9% is above the median for lower middle income countries, which is 12.4%, 57.2× the median. (46 countries reporting)
- Zimbabwe's 708.9% is above the median for Sub-Saharan Africa, which is 12.5%, 56.9× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 22.2% | -3.9% | 81.5% | 10 |
| 1990s | -7.2% | -53.0% | 34.8% | 10 |
| 2000s | 42.1% | -58.2% | 191.8% | 6 |
| 2010s | 48.1% | 4.6% | 249.8% | 10 |
| 2020s | 429.5% | 131.8% | 708.9% | 4 |
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 broad money growth in Zimbabwe?
- Broad money growth in Zimbabwe was 708.9% in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money growth recorded in Zimbabwe?
- The highest recorded value was 708.9% in 2023.
- What is the lowest broad money growth recorded in Zimbabwe?
- The lowest recorded value was -58.2% in 2003.
- How does Zimbabwe rank for broad money growth?
- Zimbabwe ranks 2nd out of 167 countries with data for 2023.
- Is broad money growth rising or falling in Zimbabwe?
- Over the last ten years it is up 15,476.3%. The long-run trend across the full record is volatile.
- Where does this Zimbabwe data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money growth (annual %). Statizoid updates them automatically from the source API.
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About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.