Great Depression II

Zimbabwe/

location map (Zimbabwe/)

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Note: Most information adapted from the popular World Factbook is distributed between the websites GeoWorld (geography, people, communications & transportation), Politix (government) and Great Depression II (economy).

Economy

The government of Zimbabwe faces a wide variety of difficult economic problems. Its 1998-2002 involvement in the war in the Democratic Republic of the Congo drained hundreds of millions of dollars from the economy. The government’s land reform program, characterized by chaos and violence, has badly damaged the commercial farming sector, the traditional source of exports and foreign exchange and the provider of 400,000 jobs, turning Zimbabwe into a net importer of food products. The EU and the US provide food aid on humanitarian grounds. Until early 2009, the Reserve Bank of Zimbabwe routinely printed money to fund the budget deficit, causing hyperinflation. The power-sharing government formed in February 2009 has led to some economic improvements, including the cessation of hyperinflation by eliminating the use of the Zimbabwe dollar and removing price controls. The economy is registering its first growth in a decade, but will be reliant on further political improvement for greater growth.
$4.395 billion (2010 est.)
country comparison to the world: See information ranked by country 165
$4.223 billion (2009 est.)
$4.279 billion (2008 est.)
note: data are in 2010 US dollars
$5.574 billion
note: in 2009, the Zimbabwean dollar was taken out of circulation, making Zimbabwe’s GDP at the official exchange rate a highly inaccurate statistic (2010 est.)
4.1% (2010 est.)
country comparison to the world: See information ranked by country 79
-1.3% (2009 est.)
-14.4% (2008 est.)
$400 (2010 est.)
country comparison to the world: See information ranked by country 227
$400 (2009 est.)
$400 (2008 est.)
note: data are in 2010 US dollars
agriculture: 19.5%
industry: 24%
services: 56.5% (2010 est.)
3.848 million (2010 est.)
country comparison to the world: See information ranked by country 89
agriculture: 66%
industry: 10%
services: 24% (1996)
95% (2009 est.)
country comparison to the world: See information ranked by country 200
80% (2005 est.)
68% (2004)
lowest 10%: 2%
highest 10%: 40.4% (1995)
50.1 (2006)
country comparison to the world: See information ranked by country 24
50.1 (1995)
21% of GDP (2010 est.)
country comparison to the world: See information ranked by country 76
241.6% of GDP (2010 est.)
country comparison to the world: See information ranked by country 1
282.6% of GDP (2009 est.)
5.03% (2010 est.)
country comparison to the world: See information ranked by country 145
5.1% (2009 est.)
NA% (31 December 2009)
country comparison to the world: See information ranked by country 1
975% (31 December 2007)
NA% (31 December 2009 est.)
country comparison to the world: See information ranked by country 1
578.96% (31 December 2007)
$NA (31 December 2009 est.)
$2.151 million (31 December 2008 est)
note: the money data for Zimbabwe for 2007 reflected the vastly overvalued official exchange rate of 30,000 Zimbabwe dollars per US dollar; at an unofficial rate of 800,000 Zimbabwe dollars per US dollar, the stock of Zimbabwe dollars, narrowly defined, would equal only about US$500 million and Zimbabwe’s velocity of money (the number of times money turns over in the course of a year) would be nine, in line with the velocity of money for other countries in the region
$3.057 million (31 December 2009 est.)
country comparison to the world: See information ranked by country 187
$NA (31 December 2009 est.)
$1.186 million (31 December 2008 est.)
country comparison to the world: See information ranked by country 185
$60 (31 December 2009 est.)
$NA (31 December 2008)
country comparison to the world: See information ranked by country 79
$5.333 billion (31 December 2007)
$26.56 billion (31 December 2006)
corn, cotton, tobacco, wheat, coffee, sugarcane, peanuts; sheep, goats, pigs
mining (coal, gold, platinum, copper, nickel, tin, clay, numerous metallic and nonmetallic ores), steel; wood products, cement, chemicals, fertilizer, clothing and footwear, foodstuffs, beverages
4% (2010 est.)
country comparison to the world: See information ranked by country 82
8.89 billion kWh (2007 est.)
country comparison to the world: See information ranked by country 95
10.89 billion kWh (2007 est.)
country comparison to the world: See information ranked by country 84
32 million kWh (2007 est.)
2.691 billion kWh (2007 est.)
0 bbl/day (2009 est.)
country comparison to the world: See information ranked by country 120
11,000 bbl/day (2009 est.)
country comparison to the world: See information ranked by country 147
0 bbl/day (2007 est.)
country comparison to the world: See information ranked by country 164
13,830 bbl/day (2007 est.)
country comparison to the world: See information ranked by country 130
0 bbl (1 January 2010 est.)
country comparison to the world: See information ranked by country 104
0 cu m (2008 est.)
country comparison to the world: See information ranked by country 109
0 cu m (2008 est.)
country comparison to the world: See information ranked by country 169
0 cu m (2008 est.)
country comparison to the world: See information ranked by country 96
0 cu m (2008 est.)
country comparison to the world: See information ranked by country 111
0 cu m (1 January 2010 est.)
country comparison to the world: See information ranked by country 117
-$414.2 million (2010 est.)
country comparison to the world: See information ranked by country 111
-$807.5 million (2009 est.)
$1.869 billion (2010 est.)
country comparison to the world: See information ranked by country 133
$1.213 billion (2009 est.)
platinum, cotton, tobacco, gold, ferroalloys, textiles/clothing
Democratic Republic of the Congo 14.82%, South Africa 13.39%, Botswana 13.23%, China 7.82%, Zambia 7.3%, Netherlands 5.39%, UK 4.93% (2009)
$2.871 billion (2010 est.)
country comparison to the world: See information ranked by country 142
$2.413 billion (2009 est.)
machinery and transport equipment, other manufactures, chemicals, fuels, food products
South Africa 62.24%, China 4.2% (2009)
$376 million (31 December 2010 est.)
country comparison to the world: See information ranked by country 120
$351 million (31 December 2009 est.)
$5.772 billion (31 December 2010 est.)
country comparison to the world: See information ranked by country 100
$5.667 billion (31 December 2009 est.)
$NA
$NA
Zimbabwean dollars (ZWD) per US dollar - 234.25 (2010), 234 (2008), 30,000 (2007), 162 (2006), 78 (2005)


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