The 2017 Annual Meetings of the African Development Bank (AfDB) Group will be held on May 22-26, 2017 in Ahmedabad, India. The Annual Meetings are the Bank’s largest annual event and serve to raise the profile of the institution on the global stage. Find out more


Zimbabwe Economic Outlook

  • Economic growth slowed from 3.8% in 2014 to an estimated 1.5% in 2015 as a result of weak domestic demand, high public debt, tight liquidity conditions, drought, poor infrastructure, institutional weaknesses and an overvalued exchange rate with projected negative inflation in 2016 and 2017.
  • The business environment improved according to the World Bank report, Doing Business 2016, with the country moving up 16 places to 155 out of 189 countries.
  • Zimbabwe has experienced reverse urbanisation in recent years as an economic slowdown hampered opportunities in cities.

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Key Facts

Capital: Harare
Area: 391,000 sq km
Total Population 2015: 14.2 Million
Urban Population 2015: 39.58%
Female Population 2015: 50.63%
GDP: US$ 10.4 Billion
GNI Per Capita 2015: US$ 650
Inflation Rate: 4.14%
Crude Birth Rate (per 1000): 31.26%
Human Development Index (rank / 187): 172
Human Development Index (scale 0 to 1): 0.397
Membership Date: 23/06/1980
Cumulative Approvals (1967-2015): UA 786.6 Million

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Southern Africa Regional Development and Business Delivery Office

African Development Bank Group
339 Witch-Hazel Avenue
Highveld Ext. 78
Centurion, South Africa

Tel: +27 12 003 6900

Ms. Tonia KANDIERO, Director General

Zimbabwe field office

African Development Bank Group
5th Floor Joina City
Cnr. Jason Moyo Ave/Julius Nyerere Way
Harare, Zimbabwe

Phone: (263) 4 752 917/838
Fax: (263) 4 779 398

Ms. Mary Monyau, Officer-in-Charge