FACTOID # 7: Americans are 15% more innovative than the Japanese. But in percentage terms, the Japanese grant 3.5 times more patents.
 
 Home   Encyclopedia   Statistics   Countries A-Z   Flags   Maps   Education   Forum   FAQ   About 
 
 
 
WHAT'S NEW
 

SEARCH ALL

FACTS & STATISTICS    Advanced view

Search encyclopedia, statistics and forums:

 

 

(* = Graphable)

 

 


Africa > Zimbabwe > Economy

ZIMBABWEAN ECONOMY STATS:   Top Stats   All Stats  
View this page with:    Just Stats   Sources   Definitions   Both  
Agriculture > products
corn, cotton, tobacco, wheat, coffee, sugarcane, peanuts; sheep, goats, pigs
Aid as % of GDP 2.4% [64th of 129]
Debt > External $5,155,000,000.00 Time series [92nd of 136]
Distribution of family income > Gini index 50.1 Time series [2nd of 43]
Economic freedom 0.6 [154th of 156]
Economy > Overview
The government of Zimbabwe faces a wide variety of difficult economic problems as it struggles with an unsustainable fiscal deficit, an overvalued official exchange rate, hyperinflation, and bare store shelves. Its 1998-2002 involvement in the war in the Democratic Republic of the Congo drained hundreds of millions of dollars from the economy. The government's land reform program, characterized by chaos and violence, has badly damaged the commercial farming sector, the traditional source of exports and foreign exchange and the provider of 400,000 jobs, turning Zimbabwe into a net importer of food products. The EU and the US provide food aid on humanitarian grounds. Badly needed support from the IMF has been suspended because of the government's arrears on past loans and the government's unwillingness to enact reforms that would stabilize the economy. The Reserve Bank of Zimbabwe routinely prints money to fund the budget deficit, causing the official annual inflation rate to rise from 32% in 1998, to 133% in 2004, 585% in 2005, passed 1000% in 2006, and 26000% in November 2007. Private sector estimates of inflation in 2007 are well above 100,000%. Meanwhile, the official exchange rate fell from approximately 1 (revalued) Zimbabwean dollar per US dollar in 2003 to 30,000 per US dollar in 2007.
Exports $1,520,000,000.00 Time series [127th of 189]
GDP $5,010,452,000.00 Time series [122nd of 203]
GDP > Real growth rate -5.5% Time series [187th of 198]
GINI index 50.1 Time series [10th of 40]
Gross National Income $6,164,300,000.00 [93rd of 172]
Human Development Index 0.505 [146th of 178]
Income category Low income
Income distribution > Poorest 10% 2% [81st of 114]
Income distribution > Richest 10% 40.4% [19th of 114]
Population below poverty line 80% Time series [2nd of 46]
Population under $1 a day 36 [15th of 59]
Poverty > Share of all poor people 0.41 % of world's poor [25th of 80]
Public debt 218.2 % of GDP Time series [1st of 121]
Technological achievement 0.22 [54th of 68]

... View all Economy stats

SOURCES: CIA World Factbook, 28 July 2005; calculated on the basis of data on ODA from OECD (Organisation for Economic Co-operation and Development), Development Assistance Committee. 2002. DAC Online. Database. Paris.; and data on GDP from World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC; All CIA World Factbooks 18 December 2003 to 18 December 2008; The Heritage Foundation; World Development Indicators database and CIA World Factbook; World Development Indicators database; ; Human Development Report 2006, United Nations Development Programme; ; World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC; World Bank 2002b via backone.pdf; Country Responsibilities in Achieving the Millenium Development Goals", April 8 2003, by Janice Poling; United Nations Development Program. Human Development Report 2001. New York: Oxford University Press,2001, Table A2.1. via ciesin.org

ALTERNATIVE NAMES: Zimbabwe, Republic of Zimbabwe

Related links:

More facts and figures on Zimbabwe

 

COMMENTARY     

Erika
21st November 2004
you know what, you should also have something on the country's history. it would be very helpfull. i'm now in sisth grade but i'm doing a country report and all these wonderfull pages about all kinds of stuff but there is nothing on the history on Zimbabwe!!!!!

Share your thoughts, questions and commentary here
Your name
Your comments
Please enter the 5-letter protection code

Want to know more?
Search encyclopedia, statistics and forums:

 


Lesson Plans | Student Area | Student FAQ | Reviews | Press Releases |  Feeds | Contact
© Copyright NationMaster.com 2003-2009. All Rights Reserved. Usage implies agreement with terms.