Broad money (% of GDP) in Zimbabwe
Zimbabwe: Broad money (% of GDP) was 11.2% in 2023. ◆ Volatile
Broad money in Zimbabwe, 1979–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Zimbabwe recorded 11.2% for broad money in 2023.
The figure is down 11.6% on the previous year and down 45.0% over ten years.
Over the whole period, broad money in Zimbabwe peaked at 151.6% in 2002 and was at its lowest, 10.0%, in 2020.
Zimbabwe ranks 167th of 167 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money (% of GDP) in Zimbabwe, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1979 | 12.9% | — |
| 1980 | 18.1% | +40.7% |
| 1981 | 17.5% | -3.6% |
| 1982 | 20.5% | +17.1% |
| 1983 | 21.6% | +5.7% |
| 1984 | 29.0% | +34.4% |
| 1985 | 38.5% | +32.7% |
| 1986 | 36.4% | -5.5% |
| 1987 | 42.7% | +17.2% |
| 1988 | 44.5% | +4.2% |
| 1989 | 52.1% | +17.2% |
| 1990 | 23.1% | -55.6% |
| 1991 | 17.0% | -26.4% |
| 1992 | 16.5% | -3.0% |
| 1993 | 22.9% | +38.7% |
| 1994 | 23.4% | +2.2% |
| 1995 | 26.8% | +14.4% |
| 1996 | 25.7% | -4.0% |
| 1997 | 30.1% | +16.9% |
| 1998 | 22.8% | -24.2% |
| 1999 | 17.9% | -21.6% |
| 2000 | 26.7% | +49.3% |
| 2001 | 48.6% | +81.9% |
| 2002 | 151.6% | +211.8% |
| 2003 | 70.2% | -53.7% |
| 2004 | 31.4% | -55.3% |
| 2005 | 45.4% | +44.7% |
| 2009 | 14.3% | -68.5% |
| 2010 | 18.5% | +29.3% |
| 2011 | 20.7% | +12.0% |
| 2012 | 21.7% | +5.0% |
| 2013 | 20.4% | -6.3% |
| 2014 | 22.5% | +10.2% |
| 2015 | 23.7% | +5.7% |
| 2016 | 27.4% | +15.7% |
| 2017 | 12.2% | -55.5% |
| 2018 | 14.4% | +17.8% |
| 2019 | 10.8% | -24.9% |
| 2020 | 10.0% | -7.4% |
| 2021 | 10.2% | +2.4% |
| 2022 | 12.7% | +23.8% |
| 2023 | 11.2% | -11.6% |
Zimbabwe compared with similar countries
- Zimbabwe's 11.2% is below the median for lower middle income countries, which is 42.3%, 27% of the median. (46 countries reporting)
- Zimbabwe's 11.2% is below the median for Sub-Saharan Africa, which is 29.8%, 38% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Broad money (% of 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 |
|---|---|---|---|
| 2002 | +211.8% | 48.6% | 151.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.9% | 12.9% | 12.9% | 1 |
| 1980s | 32.1% | 17.5% | 52.1% | 10 |
| 1990s | 22.6% | 16.5% | 30.1% | 10 |
| 2000s | 55.4% | 14.3% | 151.6% | 7 |
| 2010s | 19.2% | 10.8% | 27.4% | 10 |
| 2020s | 11.0% | 10.0% | 12.7% | 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 in Zimbabwe?
- Broad money in Zimbabwe was 11.2% in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money recorded in Zimbabwe?
- The highest recorded value was 151.6% in 2002.
- What is the lowest broad money recorded in Zimbabwe?
- The lowest recorded value was 10.0% in 2020.
- How does Zimbabwe rank for broad money?
- Zimbabwe ranks 167th out of 167 countries with data for 2023.
- Is broad money rising or falling in Zimbabwe?
- Over the last ten years it is down 45.0%. 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 (% of GDP). 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 is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.