Net domestic credit (current LCU) in Zimbabwe
Zimbabwe: Net domestic credit (current LCU) was 5.59 billion current LCU in 2023. ◆ Volatile
Net domestic credit in Zimbabwe, 1979–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, net domestic credit in Zimbabwe stood at 5.59 billion current LCU. That is the highest value across all 42 years on record.
Compared with earlier readings it is up 795.5% on the previous year and up 268,404.0% over ten years.
Over the whole period, net domestic credit in Zimbabwe peaked at 5.59 billion current LCU in 2023 and was at its lowest, 36,739 current LCU, in 1979.
That places Zimbabwe 168th 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.
Net domestic credit (current LCU) in Zimbabwe, year by year
| Year | current LCU | Change |
|---|---|---|
| 1979 | 36,739 current LCU | — |
| 1980 | 218,111 current LCU | +493.7% |
| 1981 | 326,524 current LCU | +49.7% |
| 1982 | 1.53 million current LCU | +369.9% |
| 1983 | 3.00 million current LCU | +95.8% |
| 1984 | 753,794 current LCU | -74.9% |
| 1985 | 862,541 current LCU | +14.4% |
| 1986 | 952,985 current LCU | +10.5% |
| 1987 | 1.14 million current LCU | +19.7% |
| 1988 | 1.27 million current LCU | +11.4% |
| 1989 | 1.63 million current LCU | +28.2% |
| 1990 | 795,494 current LCU | -51.2% |
| 1991 | 733,639 current LCU | -7.8% |
| 1992 | 711,420 current LCU | -3.0% |
| 1993 | 891,175 current LCU | +25.3% |
| 1994 | 852,220 current LCU | -4.4% |
| 1995 | 953,726 current LCU | +11.9% |
| 1996 | 1.05 million current LCU | +9.8% |
| 1997 | 1.58 million current LCU | +51.1% |
| 1998 | 1.15 million current LCU | -27.6% |
| 1999 | 755,434 current LCU | -34.0% |
| 2000 | 1.08 million current LCU | +43.2% |
| 2001 | 1.60 million current LCU | +48.2% |
| 2002 | 3.66 million current LCU | +128.5% |
| 2003 | 1.75 million current LCU | -52.2% |
| 2004 | 879,713 current LCU | -49.7% |
| 2005 | 1.18 million current LCU | +33.9% |
| 2009 | 638,625 current LCU | -45.8% |
| 2010 | 1.01 million current LCU | +58.9% |
| 2011 | 1.48 million current LCU | +45.7% |
| 2012 | 1.93 million current LCU | +30.3% |
| 2013 | 2.08 million current LCU | +8.1% |
| 2014 | 2.17 million current LCU | +4.2% |
| 2015 | 2.53 million current LCU | +16.7% |
| 2016 | 2.99 million current LCU | +18.2% |
| 2017 | 4.28 million current LCU | +43.0% |
| 2018 | 5.96 million current LCU | +39.1% |
| 2019 | 11.07 million current LCU | +85.9% |
| 2020 | 42.70 million current LCU | +285.6% |
| 2021 | 107.80 million current LCU | +152.4% |
| 2022 | 624.66 million current LCU | +479.5% |
| 2023 | 5.59 billion current LCU | +795.5% |
Zimbabwe compared with similar countries
- Zimbabwe's 5.59 billion current LCU is below the median for lower middle income countries, which is 680.59 billion current LCU, 1% of the median. (46 countries reporting)
- Zimbabwe's 5.59 billion current LCU is below the median for Sub-Saharan Africa, which is 1.92 trillion current LCU, 0% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net domestic credit (current LCU) 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 |
|---|---|---|---|
| 2023 | +795.5% | 624.66 million current LCU | 5.59 billion current LCU |
| 1980 | +493.7% | 36,739 current LCU | 218,111 current LCU |
| 2022 | +479.5% | 107.80 million current LCU | 624.66 million current LCU |
| 1982 | +369.9% | 326,524 current LCU | 1.53 million current LCU |
| 2020 | +285.6% | 11.07 million current LCU | 42.70 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 36,739 current LCU | 36,739 current LCU | 36,739 current LCU | 1 |
| 1980s | 1.17 million current LCU | 218,111 current LCU | 3.00 million current LCU | 10 |
| 1990s | 946,807 current LCU | 711,420 current LCU | 1.58 million current LCU | 10 |
| 2000s | 1.54 million current LCU | 638,625 current LCU | 3.66 million current LCU | 7 |
| 2010s | 3.55 million current LCU | 1.01 million current LCU | 11.07 million current LCU | 10 |
| 2020s | 1.59 billion current LCU | 42.70 million current LCU | 5.59 billion current LCU | 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 net domestic credit in Zimbabwe?
- Net domestic credit in Zimbabwe was 5.59 billion current LCU in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in Zimbabwe?
- The highest recorded value was 5.59 billion current LCU in 2023.
- What is the lowest net domestic credit recorded in Zimbabwe?
- The lowest recorded value was 36,739 current LCU in 1979.
- How does Zimbabwe rank for net domestic credit?
- Zimbabwe ranks 168th out of 187 countries with data for 2023.
- Is net domestic credit rising or falling in Zimbabwe?
- Over the last ten years it is up 268,404.0%. 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 Net domestic credit (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 42 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.