Formal Savings Statistics in Zimbabwe (2026)
As of the 2024 data, 3.3% of adults in Zimbabwe saved at a formal financial institution, per World Bank Global Findex. Down from 4.1% in 2021 to 3.3% in 2024 (−0.8 percentage points). Zimbabwe ranks #35 of 36 economies in Sub-Saharan Africa on this measure, and #138 of 142 globally.
Key Statistics
- Latest value (2024)
- 3.3% (2024)
- Formal Savings in Zimbabwe as of 2024, the most recent observation in World Bank Global Findex data.
- Change since 2021
- −0.8 pp (2024)
- Down from 4.1% in 2021 to 3.3% in 2024 (−0.8 percentage points).
- Earliest value in this dataset (2011)
- 17.3% (2011)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 17.3% in 2011 to 3.3% in 2024.
- Peak value (2011)
- 17.3% (2011)
- Highest value in the available series; the 2024 value is 3.3%.
- Rank in Sub-Saharan Africa
- #35 of 36 (2024)
- Zimbabwe ranks 35 of 36 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #138 of 142 (2024)
- Zimbabwe ranks 138 of 142 countries with data globally.
- Sub-Saharan Africa average
- 13.9% (2024)
- Zimbabwe (3.3%) is below the average of 13.9% across the 36 countries in Sub-Saharan Africa with data.
- Internet use in Zimbabwe (2024)
- 41.6% (2024)
- 41.6% of the population in Zimbabwe used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 16.6 million (2024)
- Zimbabwe had a population of 16.6 million in 2024 (World Bank); shown for scale only.
Trend, 2011–2024
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2024 | 3.3% | −0.8 pp |
| 2021 | 4.1% | −1.2 pp |
| 2017 | 5.3% | +0.1 pp |
| 2014 | 5.2% | −12.1 pp |
| 2011 | 17.3% | — |
Frequently asked questions
What share of adults in Zimbabwe saved at a formal financial institution?
3.3% of adults in Zimbabwe saved at a formal financial institution in 2024, according to World Bank Global Findex data.
Where does Zimbabwe rank globally on formal savings?
Zimbabwe ranks 138 of 142 countries with data globally, based on the latest World Bank Global Findex value for each country.
When did formal savings in Zimbabwe peak?
The highest value in the available series was 17.3% in 2011; the latest (2024) value is 3.3%.
Source & methodology
Source: World Bank Global Findex, indicator
fin17a, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .