Domestic credit to private sector in Zimbabwe
Zimbabwe: Domestic credit to private sector was 6.5% in 2023. ◆ Volatile
Domestic credit to private sector in Zimbabwe, 1979–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector in Zimbabwe is 6.5%, measured in 2023.
Compared with earlier readings it is up 11.2% on the previous year and down 65.4% 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 1979.
Zimbabwe ranks 178th 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 in Zimbabwe, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1979 | 0.0% | — |
| 1981 | 1.6% | +21016.6% |
| 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 | 5.8% | -66.0% |
| 2018 | 5.8% | +0.3% |
| 2019 | 3.4% | -41.2% |
| 2020 | 3.6% | +6.2% |
| 2021 | 4.8% | +30.7% |
| 2022 | 5.8% | +22.4% |
| 2023 | 6.5% | +11.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0% | 0.0% | 0.0% | 1 |
| 1980s | 11.2% | 0.7% | 25.1% | 9 |
| 1990s | 20.3% | 12.4% | 26.6% | 10 |
| 2000s | 32.3% | 7.2% | 84.8% | 7 |
| 2010s | 14.1% | 3.4% | 20.1% | 10 |
| 2020s | 5.2% | 3.6% | 6.5% | 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 domestic credit to private sector in Zimbabwe?
- Domestic credit to private sector in Zimbabwe was 6.5% in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- 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 1979.
- How does Zimbabwe rank for domestic credit to private sector?
- Zimbabwe ranks 178th out of 187 countries with data for 2023.
- Is domestic credit to private sector rising or falling in Zimbabwe?
- Over the last ten years it is down 65.4%. 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 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 by financial corporations, 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. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. 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.