Monetary Sector credit to private sector (% GDP) in Zimbabwe
Zimbabwe: Monetary Sector credit to private sector (% GDP) was 6.5% in 2023. ◆ Volatile
Monetary Sector credit to private sector in Zimbabwe, 1979–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
Zimbabwe recorded 6.5% for monetary sector credit to private sector in 2023.
That represents a change of up 11.2% on the previous year and down 65.4% over ten years.
Over the whole period, monetary sector credit to private sector in Zimbabwe peaked at 84.8% in 2002 and was at its lowest, 0.0%, in 1979.
That places Zimbabwe 177th out of 187 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Monetary Sector credit to private sector (% GDP) in Zimbabwe, year by year
| Year | % 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% |
Zimbabwe compared with similar countries
- Zimbabwe's 6.5% is below the median for lower middle income countries, which is 23.7%, 27% of the median. (46 countries reporting)
- Zimbabwe's 6.5% is below the median for Sub-Saharan Africa, which is 15.1%, 43% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Monetary Sector credit to private sector (% 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 |
|---|---|---|---|
| 1981 | +21016.6% | 0.0% | 1.6% |
| 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 | 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 monetary sector credit to private sector in Zimbabwe?
- Monetary sector 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 monetary sector credit to private sector recorded in Zimbabwe?
- The highest recorded value was 84.8% in 2002.
- What is the lowest monetary sector credit to private sector recorded in Zimbabwe?
- The lowest recorded value was 0.0% in 1979.
- How does Zimbabwe rank for monetary sector credit to private sector?
- Zimbabwe ranks 177th out of 187 countries with data for 2023.
- Is monetary sector 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 Monetary Sector credit to private sector (% 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. 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.