Zimbabwe GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$41.54

Source: world bank Nominal/PPP
Summary:

Zimbabwe GDP Per Capita expanded from 1960 to 2024, increasing from $1.05 to $41.54 .The compound annual growth rate (CAGR) averaged 5.91% over the period. The economy recorded its peak level in 2017 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 49.72%, indicating the largest cyclical decline from peak levels. The country experienced 11 recession episode(s) during the observed period.

Latest GDP Per Capita of Zimbabwe 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 41.54 dollars$ 98.61 Int dollars
Growth (YoY)15.8%4.203%
Net Change vs Previous Year$ 5.67 dollars$ 3.98 Int dollars
% of World GDP Per Capita0.04%0.05%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Zimbabwe GDP | Zimbabwe GDP Growth

Zimbabwe Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
19601.05-----
19611.10.044.146 %---
19621.120.021.911 %---
19631.160.043.75 %---
19641.220.064.97 %---
19651.310.097.748 %---
19661.28-0.03-2.264 %---
19671.40.128.992 %---
19681.480.085.913 %---
19691.750.2718.14 %---
19701.890.147.792 %---
19712.180.2915.63 %---
19722.680.522.904 %---
19733.310.6323.588 %---
19743.980.6720.33 %---
19754.370.399.772 %---
19764.32-0.05-1.211 %---
19774.370.051.065 %---
19784.35-0.01-0.293 %---
19795.180.8318.978 %---
19806.681.528.999 %---
19818.021.3319.951 %---
19828.540.536.595 %---
19837.77-0.78-9.083 %---
19846.36-1.41-18.186 %---
19855.64-0.72-11.254 %---
19866.220.5810.293 %---
19876.740.528.423 %---
19887.821.0715.925 %---
19898.290.476.034 %---
19908.790.56.004 %27.95--
19918.65-0.14-1.619 %30.492.549.101 %
19926.76-1.89-21.871 %28.37-2.12-6.942 %
19936.57-0.19-2.779 %29.350.983.447 %
19946.890.334.979 %32.753.411.568 %
19957.120.223.202 %33.490.742.258 %
19968.561.4420.274 %37.634.1512.381 %
19978.53-0.02-0.275 %39.311.684.451 %
19986.41-2.13-24.944 %40.891.594.042 %
19996.860.467.123 %41.130.240.586 %
20006.69-0.17-2.452 %40.78-0.36-0.863 %
20016.780.091.307 %42.31.523.724 %
20026.35-0.44-6.423 %39.13-3.16-7.478 %
20035.73-0.61-9.688 %33.13-6.01-15.356 %
20045.810.081.361 %32.04-1.08-3.275 %
20055.76-0.05-0.865 %31.16-0.88-2.755 %
20065.45-0.31-5.41 %31.01-0.15-0.484 %
20075.29-0.15-2.791 %30.68-0.32-1.043 %
20084.42-0.88-16.559 %25.75-4.93-16.083 %
20099.675.25118.894 %29.353.613.971 %
201012.052.3824.579 %35.556.221.13 %
201114.112.0617.109 %41.435.8816.55 %
201217.123.0121.366 %47.986.5515.817 %
201319.11.9811.547 %53.035.0510.514 %
201419.510.42.119 %55.462.434.582 %
201519.970.472.398 %58.262.85.048 %
201620.560.592.934 %62.424.177.151 %
201751.0430.48148.237 %159.3396.91155.243 %
201834.14-16.89-33.102 %60.03-99.3-62.323 %
201933.36-0.78-2.296 %63.613.585.968 %
202031.98-1.38-4.129 %64.881.271.991 %
202141.299.3129.103 %76.2511.3717.531 %
202240.76-0.53-1.284 %86.7110.4513.706 %
202335.87-4.89-11.987 %94.637.939.142 %
202441.545.6715.8 %98.613.984.203 %

Zimbabwe Economic Phases (1960 - 2024)

From 1960 to 2024, Zimbabwe economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • Expansion (1961–1964) indicating steady moderate growth
  • High Growth (1967–1975) indicating robust economic expansion
  • High Growth (1979–1982) indicating robust economic expansion
  • Crisis (1984–1985) indicating severe economic downturn
  • High Growth (1986–1990) indicating robust economic expansion
  • Expansion (1994–1995) indicating steady moderate growth
  • Contraction (2002–2003) indicating temporary slowdown
  • Contraction (2005–2007) indicating temporary slowdown
  • High Growth (2009–2013) indicating robust economic expansion
  • Expansion (2014–2016) indicating steady moderate growth
  • Contraction (2019–2020) indicating temporary slowdown
  • High Growth (2024–2024) indicating robust economic expansion

The most remarkable growth occurred in 2017 with an increase of 148.237%, while the largest decline was in 2018 at -33.102%.