Private Sector Credit Statistics in Zimbabwe (2026)
According to World Bank World Development Indicators data, domestic credit to the private sector in Zimbabwe came to 6.5% of GDP in 2023. Up from 5.8% of GDP in 2022 to 6.5% of GDP in 2023 (+0.7 percentage points). Zimbabwe ranks #31 of 35 economies in Sub-Saharan Africa on this measure, and #154 of 160 globally.
Key Statistics
- Latest value (2023)
- 6.5% of GDP (2023)
- Private Sector Credit in Zimbabwe as of 2023, the most recent observation in World Bank World Development Indicators data.
- Change since 2022
- +0.7 pp (2023)
- Up from 5.8% of GDP in 2022 to 6.5% of GDP in 2023 (+0.7 percentage points).
- Earliest value in this dataset (1990)
- 12.4% of GDP (1990)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 12.4% of GDP in 1990 to 6.5% of GDP in 2023.
- Peak value (2002)
- 84.8% of GDP (2002)
- Highest value in the available series; the 2023 value is 6.5% of GDP.
- Rank in Sub-Saharan Africa
- #31 of 35 (2023)
- Zimbabwe ranks 31 of 35 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #154 of 160 (2023)
- Zimbabwe ranks 154 of 160 countries with data globally.
- Sub-Saharan Africa average
- 20.8% of GDP (2023)
- Zimbabwe (6.5% of GDP) is below the average of 20.8% of GDP across the 35 countries in Sub-Saharan Africa with data.
- Domestic credit to private sector by banks (% of GDP) (2023)
- 6.5% (2023)
- Related indicator from World Bank World Development Indicators.
- 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, 1990–2023
| Year | % of GDP | Change |
|---|---|---|
| 2023 | 6.5% | +0.7 pp |
| 2022 | 5.8% | +1.1 pp |
| 2021 | 4.8% | +1.1 pp |
| 2020 | 3.6% | +0.2 pp |
| 2019 | 3.4% | −2.4 pp |
| 2018 | 5.8% | +0.0 pp |
| 2017 | 5.8% | −11.3 pp |
| 2016 | 17.1% | −1.2 pp |
| 2015 | 18.3% | −0.9 pp |
| 2014 | 19.2% | +0.5 pp |
| 2013 | 18.7% | −1.4 pp |
| 2012 | 20.1% | +1.2 pp |
| 2011 | 19% | +5.4 pp |
| 2010 | 13.5% | +6.4 pp |
| 2009 | 7.2% | −7.8 pp |
| 2005 | 14.9% | −2.1 pp |
| 2004 | 17% | −36.1 pp |
| 2003 | 53.2% | −31.6 pp |
| 2002 | 84.8% | +57.1 pp |
| 2001 | 27.7% | +6.2 pp |
| 2000 | 21.6% | +5.4 pp |
| 1999 | 16.2% | −8.7 pp |
| 1998 | 24.8% | −1.8 pp |
| 1997 | 26.6% | +5.0 pp |
| 1996 | 21.5% | −3.2 pp |
| 1995 | 24.8% | +3.6 pp |
| 1994 | 21.2% | −0.6 pp |
| 1993 | 21.8% | +3.1 pp |
| 1992 | 18.7% | +3.4 pp |
| 1991 | 15.3% | +2.9 pp |
| 1990 | 12.4% | — |
Frequently asked questions
What is the latest figure for domestic credit to the private sector in Zimbabwe?
Domestic credit to the private sector in Zimbabwe stood at 6.5% of GDP in 2023, according to World Bank World Development Indicators data.
Where does the private sector credit data for Zimbabwe come from?
The data comes from the World Bank World Development Indicators (indicator FS.AST.PRVT.GD.ZS). The latest observation for Zimbabwe is from 2023; the snapshot was retrieved on 2026-06-10.
How has private sector credit in Zimbabwe changed over time?
World Bank World Development Indicators data show a decline from 12.4% of GDP in 1990 to 6.5% of GDP in 2023.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FS.AST.PRVT.GD.ZS, 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 .