Number of Deposit Accounts, Commercial Banks, of Which: Household in Zimbabwe
Zimbabwe: Number of Deposit Accounts, Commercial Banks, of Which: Household was 7.37 million in 2024. ▲ Rising
Latest (2024)
7.37 million
Change on year
down 42.4%
World rank
43rd
of 94 countries
All-time high
12.79 million
in 2023
All-time low
3.84 million
in 2018
Years of data
7
2018–2024
Number of Deposit Accounts, Commercial Banks, of Which: Household in Zimbabwe, 2018–2024
Source: International Monetary Fund.
Analysis
In 2024, number of deposit accounts, commercial banks, of which: household in Zimbabwe stood at 7.37 million.
Compared with earlier readings it is down 42.4% on the previous year and up 92.2% over ten years.
That places Zimbabwe 43rd out of 94 countries with data for 2024, putting it in the middle of the range.
Number of Deposit Accounts, Commercial Banks, of Which: Household in Zimbabwe, year by year
| Year | Value | Change |
|---|---|---|
| 2018 | 3.84 million | — |
| 2019 | 4.73 million | +23.3% |
| 2020 | 4.65 million | -1.7% |
| 2021 | 7.81 million | +68.0% |
| 2022 | 10.15 million | +30.0% |
| 2023 | 12.79 million | +26.0% |
| 2024 | 7.37 million | -42.4% |
Zimbabwe compared with similar countries
- Zimbabwe's 7.37 million is above the median for lower middle income countries, which is 7.37 million, 1.0× the median. (21 countries reporting)
- Zimbabwe's 7.37 million is above the median for Sub-Saharan Africa, which is 786,037, 9.4× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 4.28 million | 3.84 million | 4.73 million | 2 |
| 2020s | 8.55 million | 4.65 million | 12.79 million | 5 |
Countries ranked near Zimbabwe
- 40 Georgia 8.29 million compare
- 41 Dominican Republic 8.07 million compare
- 42 Tajikistan 7.91 million compare
- 44 Laos 5.67 million
- 45 Moldova 5.36 million compare
- 46 Papua New Guinea 4.87 million 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 number of deposit accounts, commercial banks, of which: household in Zimbabwe?
- Number of deposit accounts, commercial banks, of which: household in Zimbabwe was 7.37 million in 2024, according to International Monetary Fund.
- What is the highest number of deposit accounts, commercial banks, of which: household recorded in Zimbabwe?
- The highest recorded value was 12.79 million in 2023.
- What is the lowest number of deposit accounts, commercial banks, of which: household recorded in Zimbabwe?
- The lowest recorded value was 3.84 million in 2018.
- How does Zimbabwe rank for number of deposit accounts, commercial banks, of which: household?
- Zimbabwe ranks 43rd out of 94 countries with data for 2024.
- Is number of deposit accounts, commercial banks, of which: household rising or falling in Zimbabwe?
- Over the last ten years it is up 92.2%. The long-run trend across the full record is rising.
- Where does this Zimbabwe data come from?
- The figures come from International Monetary Fund, published as part of Number of Deposit Accounts, Commercial Banks, of Which: Household Sector Deposit Accounts. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.