Number of Deposit: Household Sector Deposit Accounts in Zimbabwe
Zimbabwe: Number of Deposit: Household Sector Deposit Accounts 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: Household Sector Deposit Accounts 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.