Total reserves (% of total external debt) in Zimbabwe

Zimbabwe: Total reserves (% of total external debt) was 3.4% in 2024. ◆ Volatile

Latest (2024)
3.4%
Change on year
up 324.0%
World rank
110th
of 112 countries
All-time high
96.1%
in 1973
All-time low
0.3%
in 2020
Years of data
54
1971–2024

Total reserves in Zimbabwe, 1971–2024

020406080100197119972024

Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.

Analysis

In 2024, total reserves in Zimbabwe stood at 3.4%.

The figure is up 324.0% on the previous year and down 19.9% over ten years.

Over the whole period, total reserves in Zimbabwe peaked at 96.1% in 1973 and was at its lowest, 0.3%, in 2020.

Zimbabwe ranks 110th of 112 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Total reserves (% of total external debt) in Zimbabwe, year by year

Annual values for Total reserves (% of total external debt) in Zimbabwe, 1971 to 2024.
Year % of total external debt Change
1971 17.5% —
1972 44.4% +153.8%
1973 96.1% +116.5%
1974 75.6% -21.3%
1975 69.1% -8.6%
1976 78.1% +12.9%
1977 48.9% -37.3%
1978 41.3% -15.5%
1979 77.3% +86.9%
1980 53.4% -30.9%
1981 28.2% -47.2%
1982 17.1% -39.3%
1983 13.7% -20.1%
1984 11.9% -13.1%
1985 14.2% +19.7%
1986 12.0% -15.9%
1987 12.7% +6.1%
1988 12.5% -1.6%
1989 9.6% -23.0%
1990 8.9% -7.4%
1991 8.4% -5.7%
1992 9.7% +15.6%
1993 14.6% +50.1%
1994 12.8% -11.9%
1995 17.5% +36.3%
1996 16.4% -6.0%
1997 7.7% -53.0%
1998 6.6% -14.4%
1999 10.9% +64.3%
2000 8.1% -25.4%
2001 3.1% -61.3%
2002 3.2% +1.0%
2003 2.8% -10.8%
2004 4.5% +59.7%
2005 2.1% -54.3%
2006 3.0% +43.9%
2007 2.8% -7.4%
2008 1.3% -51.0%
2009 12.8% +847.9%
2010 10.4% -18.8%
2011 8.6% -17.3%
2012 6.3% -27.1%
2013 5.4% -13.0%
2014 4.2% -22.8%
2015 4.3% +3.5%
2016 3.4% -20.7%
2017 2.3% -34.0%
2018 0.7% -70.6%
2019 1.2% +80.1%
2020 0.3% -78.7%
2021 5.9% +2219.3%
2022 4.2% -28.7%
2023 0.8% -81.3%
2024 3.4% +324.0%

Zimbabwe compared with similar countries

  • Zimbabwe's 3.4% is below the median for lower middle income countries, which is 37.2%, 9% of the median. (39 countries reporting)
  • Zimbabwe's 3.4% is below the median for Sub-Saharan Africa, which is 23.9%, 14% of the median. (36 countries reporting)

Biggest year-on-year movements

Years where Total reserves (% of total external debt) 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.

YearChange FromTo
2021 +2219.3% 0.3% 5.9%
2009 +847.9% 1.3% 12.8%
2024 +324.0% 0.8% 3.4%

Averages by decade

DecadeAverage LowestHighest Years
1970s 60.9% 17.5% 96.1% 9
1980s 18.5% 9.6% 53.4% 10
1990s 11.3% 6.6% 17.5% 10
2000s 4.4% 1.3% 12.8% 10
2010s 4.7% 0.7% 10.4% 10
2020s 2.9% 0.3% 5.9% 5

Countries ranked near Zimbabwe

  1. 107 Gabon 9.4% compare
  2. 108 Burundi 8.7% compare
  3. 109 Mozambique 5.5% compare
  4. 111 Somalia 1.1% compare
  5. 112 Sudan 0.8% compare

See the full ranking of 152 places →

More financial sector data for Zimbabwe

All data for Zimbabwe →

Frequently asked questions

What is total reserves in Zimbabwe?
Total reserves in Zimbabwe was 3.4% in 2024, according to International Debt Statistics, World Bank (WB).
What is the highest total reserves recorded in Zimbabwe?
The highest recorded value was 96.1% in 1973.
What is the lowest total reserves recorded in Zimbabwe?
The lowest recorded value was 0.3% in 2020.
How does Zimbabwe rank for total reserves?
Zimbabwe ranks 110th out of 112 countries with data for 2024.
Is total reserves rising or falling in Zimbabwe?
Over the last ten years it is down 19.9%. The long-run trend across the full record is volatile.
Where does this Zimbabwe data come from?
The figures come from International Debt Statistics, World Bank (WB), published as part of Total reserves (% of total external debt). Statizoid updates them automatically from the source API.

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Total reserves in Zimbabwe. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 09 November 2026, from https://financial-sector.statizoid.com/stat/total-reserves-percent-of-total-external-debt/zimbabwe/

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About this data

Indicator
Total reserves (% of total external debt)
Unit
% of total external debt
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
152 places, 6,935 data points, 1971–2024
Last refreshed

Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed as a percentage of total external debt which are all liabilities that require payment(s) of interest and/or principal by the debtor at some point(s) in the future and that are owed to non-residents by residents of an economy.