Monetary Sector credit to private sector in Zimbabwe
Zimbabwe: Monetary Sector credit to private sector 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 176th out of 186 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 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% |
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
- Net domestic credit (current LCU), per capita 342.32 current LCU per person (2023)
- Net domestic credit (current LCU), per unit of GDP 0.1559 current LCU per US$ of GDP (2023)
- Net domestic credit (current LCU), annual growth rate 795.49 % change on previous year (2023)
- Gold reserves at 35 SDRs per ounce 4.60 million SDR (2025)
- Gold reserves at market value 418.82 million SDR (2025)
- Reserves excluding gold, foreign exchange 445.13 million SDR (2025)
- Reserves excluding gold 447.90 million SDR (2025)
- Total reserves (gold at market value) 866.72 million SDR (2025)
- Total reserves (gold at national valuation) 862.25 million SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 50.87 SDR per person (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 176th out of 186 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.