Broad money growth in Zimbabwe

Zimbabwe: Broad money growth was 708.9% in 2023. ◆ Volatile

Latest (2023)
708.9%
Change on year
up 80.9%
World rank
2nd
of 166 countries
All-time high
708.9%
in 2023
All-time low
-58.2%
in 2003
Years of data
40
1980–2023

Broad money growth in Zimbabwe, 1980–2023

02004006008001980200120231980: 81.5 annual %1981: 15.7 annual %1982: 24.8 annual %1983: -3.9 annual %1984: 10 annual %1985: 17.7 annual %1986: 4.2 annual %1987: 27.1 annual %1988: 20.8 annual %1989: 24.3 annual %1990: -53 annual %1991: -27.6 annual %1992: -24.2 annual %1993: 34.8 annual %1994: 7.3 annual %1995: 18.1 annual %1996: 15.5 annual %1997: 16.6 annual %1998: -43.1 annual %1999: -16 annual %2000: 45.7 annual %2001: 84.3 annual %2002: 191.8 annual %2003: -58.2 annual %2004: -54.7 annual %2005: 43.4 annual %2010: 61.1 annual %2011: 31.2 annual %2012: 27.5 annual %2013: 4.6 annual %2014: 12.6 annual %2015: 8.2 annual %2016: 19 annual %2017: 38.6 annual %2018: 28 annual %2019: 249.8 annual %2020: 485.5 annual %2021: 131.8 annual %2022: 391.9 annual %2023: 708.9 annual %

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.

Analysis

The most recent figure for broad money growth in Zimbabwe is 708.9%, measured in 2023. That is the highest value across all 40 years on record.

The figure is up 80.9% on the previous year and up 15,476.3% over ten years.

Over the whole period, broad money growth in Zimbabwe peaked at 708.9% in 2023 and was at its lowest, -58.2%, in 2003.

Zimbabwe ranks 2nd of 166 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 22.2% -3.9% 81.5% 10
1990s -7.2% -53.0% 34.8% 10
2000s 42.1% -58.2% 191.8% 6
2010s 48.1% 4.6% 249.8% 10
2020s 429.5% 131.8% 708.9% 4

Countries ranked near Zimbabwe

  1. 1 Grenada 1,169.2% compare
  2. 3 Somalia 162.8% compare
  3. 4 Sudan 88.0% compare
  4. 5 Venezuela 58.8% compare

See the full ranking of 166 places →

More financial sector data for Zimbabwe

All data for Zimbabwe →

Frequently asked questions

What is broad money growth in Zimbabwe?
Broad money growth in Zimbabwe was 708.9% in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest broad money growth recorded in Zimbabwe?
The highest recorded value was 708.9% in 2023.
What is the lowest broad money growth recorded in Zimbabwe?
The lowest recorded value was -58.2% in 2003.
How does Zimbabwe rank for broad money growth?
Zimbabwe ranks 2nd out of 166 countries with data for 2023.
Is broad money growth rising or falling in Zimbabwe?
Over the last ten years it is up 15,476.3%. The long-run trend across the full record is volatile.
Where does this Zimbabwe data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money growth (annual %). Statizoid updates them automatically from the source API.

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About this data

Indicator
Broad money growth (annual %)
Unit
annual %
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
166 places, 8,338 data points, 1961–2025
Last refreshed

Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.