Goods and services expense in Zimbabwe
Zimbabwe: Goods and services expense was 9.5% in 2018. ▼ Falling
Goods and services expense in Zimbabwe, 2009–2018
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Zimbabwe recorded 9.5% for goods and services expense in 2018.
Compared with earlier readings it is down 28.6% on the previous year and down 46.5% over ten years.
Over the whole period, goods and services expense in Zimbabwe peaked at 17.7% in 2009 and was at its lowest, 6.3%, in 2016.
Zimbabwe ranks 109th of 154 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.7% | 17.7% | 17.7% | 1 |
| 2010s | 11.2% | 6.3% | 15.0% | 7 |
Countries ranked near Zimbabwe
More public sector data for Zimbabwe
- Arms imports 20.00 million SIPRI trend indicator values (2023)
- Tax revenue 7.2% (2018)
- Taxes on income, profits and capital gains 33.3% (2018)
- Taxes on goods and services 41.2% (2018)
- Net investment in nonfinancial assets 0.8% (2018)
- Net lending (+) / net borrowing (-) -3.6% (2018)
- Interest payments 13.5% (2018)
- Grants and other revenue 8.3% (2018)
- Interest payments 10.0% (2018)
- Compensation of employees 36.6% (2018)
Frequently asked questions
- What is goods and services expense in Zimbabwe?
- Goods and services expense in Zimbabwe was 9.5% in 2018, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Zimbabwe?
- The highest recorded value was 17.7% in 2009.
- What is the lowest goods and services expense recorded in Zimbabwe?
- The lowest recorded value was 6.3% in 2016.
- How does Zimbabwe rank for goods and services expense?
- Zimbabwe ranks 109th out of 154 countries with data for 2018.
- Is goods and services expense rising or falling in Zimbabwe?
- Over the last ten years it is down 46.5%. The long-run trend across the full record is falling.
- Where does this Zimbabwe data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (% of expense). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.