External balance on goods and services in Zimbabwe
Zimbabwe: External balance on goods and services was -2.24 billion current US$ in 2024. ◆ Volatile
External balance on goods and services in Zimbabwe, 1975–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Zimbabwe recorded -2.24 billion current US$ for external balance on goods and services in 2024.
Compared with earlier readings it is down 3.0% on the previous year and up 10.4% over ten years.
Over the whole period, external balance on goods and services in Zimbabwe peaked at 267.25 million current US$ in 1999 and was at its lowest, -4.08 billion current US$, in 2012.
Zimbabwe ranks 133rd of 192 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 24.92 million current US$ | -72.98 million current US$ | 102.10 million current US$ | 5 |
| 1980s | -68.15 million current US$ | -519.42 million current US$ | 264.30 million current US$ | 10 |
| 1990s | -176.52 million current US$ | -625.25 million current US$ | 267.25 million current US$ | 10 |
| 2000s | -559.48 million current US$ | -2.21 billion current US$ | 150.75 million current US$ | 10 |
| 2010s | -2.49 billion current US$ | -4.08 billion current US$ | -150.14 million current US$ | 10 |
| 2020s | -1.80 billion current US$ | -2.48 billion current US$ | -586.61 million current US$ | 5 |
Countries ranked near Zimbabwe
More economy & growth data for Zimbabwe
- DEC alternative conversion factor 31.8 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 61.99 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 3.13 billion current US$ (2024)
- Taxes less subsidies on products 86.16 billion current LCU (2025)
- Taxes less subsidies on products 2.71 billion current US$ (2025)
- Net primary income (Net income from abroad) -19.27 billion current LCU (2025)
- Net primary income (Net income from abroad) -606.13 million current US$ (2025)
- GNI per capita 94,934 current LCU (2025)
- GNI per capita, Atlas method 2,660 current US$ (2025)
- GNI 1.61 trillion current LCU (2025)
Frequently asked questions
- What is external balance on goods and services in Zimbabwe?
- External balance on goods and services in Zimbabwe was -2.24 billion current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Zimbabwe?
- The highest recorded value was 267.25 million current US$ in 1999.
- What is the lowest external balance on goods and services recorded in Zimbabwe?
- The lowest recorded value was -4.08 billion current US$ in 2012.
- How does Zimbabwe rank for external balance on goods and services?
- Zimbabwe ranks 133rd out of 192 countries with data for 2024.
- Is external balance on goods and services rising or falling in Zimbabwe?
- Over the last ten years it is up 10.4%. The long-run trend across the full record is volatile.
- Where does this Zimbabwe data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.