The economy of Zimbabwe is estimated to have contracted by 4.1% year-on-year in 2020, due to the
adverse effects of the 2019/20 drought and Covid19 restrictions. source: ZIMSTAT, Zimbabwe
GDP Annual Growth Rate in Zimbabwe averaged 2.60 percent from 1961 until 2020, reaching an all time high of 22.57 percent in 1970 and a record low of -17.20 percent in 2003. This page provides - Zimbabwe GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Zimbabwe GDP Annual Growth Rate - values, historical data and charts - was last updated on July of 2021.
GDP Annual Growth Rate in Zimbabwe is expected to reach 4.20 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Zimbabwe GDP Annual Growth Rate is projected to trend around 6.00 percent in 2022 and 7.00 percent in 2023, according to our econometric models.