Domestic credit to private sector (% of GDP) (World Development) in Zimbabwe
Zimbabwe: Domestic credit to private sector (% of GDP) (World Development) was 6.5% in 2020. ◆ Volatile
Domestic credit to private sector in Zimbabwe, 1979–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
Zimbabwe recorded 6.5% for domestic credit to private sector in 2020.
That represents a change of up 8.8% on the previous year and down 52.4% over ten years.
Over the whole period, domestic credit to private sector in Zimbabwe peaked at 84.8% in 2002 and was at its lowest, 0.0%, in 1980.
Zimbabwe ranks 183rd of 187 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic credit to private sector (% of GDP) (World Development) in Zimbabwe, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1979 | 0.0% | — |
| 1980 | 0.0% | -100.0% |
| 1981 | 1.6% | — |
| 1982 | 0.7% | -57.7% |
| 1983 | 4.0% | +477.8% |
| 1984 | 10.5% | +162.6% |
| 1985 | 12.0% | +14.4% |
| 1986 | 12.1% | +1.2% |
| 1987 | 15.7% | +29.4% |
| 1988 | 19.4% | +23.7% |
| 1989 | 25.1% | +29.1% |
| 1990 | 12.4% | -50.6% |
| 1991 | 15.3% | +23.4% |
| 1992 | 18.7% | +22.4% |
| 1993 | 21.8% | +16.6% |
| 1994 | 21.2% | -2.7% |
| 1995 | 24.8% | +16.8% |
| 1996 | 21.5% | -13.1% |
| 1997 | 26.6% | +23.4% |
| 1998 | 24.8% | -6.6% |
| 1999 | 16.2% | -34.9% |
| 2000 | 21.6% | +33.4% |
| 2001 | 27.7% | +28.6% |
| 2002 | 84.8% | +205.9% |
| 2003 | 53.2% | -37.3% |
| 2004 | 17.0% | -67.9% |
| 2005 | 14.9% | -12.3% |
| 2009 | 7.2% | -52.1% |
| 2010 | 13.5% | +89.2% |
| 2011 | 19.0% | +40.2% |
| 2012 | 20.1% | +6.1% |
| 2013 | 18.7% | -7.0% |
| 2014 | 19.2% | +2.6% |
| 2015 | 18.3% | -4.7% |
| 2016 | 17.1% | -6.6% |
| 2017 | 16.9% | -1.3% |
| 2018 | 11.0% | -34.9% |
| 2019 | 5.9% | -46.1% |
| 2020 | 6.5% | +8.8% |
Zimbabwe compared with similar countries
- Zimbabwe's 6.5% is below the median for lower middle income countries, which is 24.7%, 26% of the median. (46 countries reporting)
- Zimbabwe's 6.5% is below the median for Sub-Saharan Africa, which is 16.1%, 40% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Domestic credit to private sector (% of GDP) (World Development) 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 |
|---|---|---|---|
| 1983 | +477.8% | 0.7% | 4.0% |
| 2002 | +205.9% | 27.7% | 84.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0% | 0.0% | 0.0% | 1 |
| 1980s | 10.1% | 0.0% | 25.1% | 10 |
| 1990s | 20.3% | 12.4% | 26.6% | 10 |
| 2000s | 32.3% | 7.2% | 84.8% | 7 |
| 2010s | 16.0% | 5.9% | 20.1% | 10 |
| 2020s | 6.5% | 6.5% | 6.5% | 1 |
Countries ranked near Zimbabwe
- 180 Gambia 8.1% compare
- 181 Sudan 7.9% compare
- 182 Democratic Republic of Congo 7.5% compare
- 184 Sierra Leone 6.0% compare
- 185 Yemen 5.6% compare
- 186 Afghanistan 3.1% compare
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 domestic credit to private sector in Zimbabwe?
- Domestic credit to private sector in Zimbabwe was 6.5% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Zimbabwe?
- The highest recorded value was 84.8% in 2002.
- What is the lowest domestic credit to private sector recorded in Zimbabwe?
- The lowest recorded value was 0.0% in 1980.
- How does Zimbabwe rank for domestic credit to private sector?
- Zimbabwe ranks 183rd out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Zimbabwe?
- Over the last ten years it is down 52.4%. The long-run trend across the full record is volatile.
- Where does this Zimbabwe data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.