The 2019 Annual Meetings of the African Development Bank Group will be held from 11-14 June 2019, in Malabo, Republic of Equatorial Guinea. Find out more


Zimbabwe Economic Outlook

The economy performed better than expected in 2018, expanding by an estimated 3.5%, driven by agriculture, supported by relatively peaceful elections. Cash shortages and the three-tier pricing system coupled with foreign exchange shortages continued to constrain the goods and factor markets.

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Key Facts

Capital: Harare
Area: 391,000 sq km
Total Population 2017: 16.3 Million
Urban Population 2017: 73.50%
Female Population 2017: 49.70%
GDP: US$ 12.9 Billion
GNI Per Capita 2015: US$ 850
Inflation Rate: 8.22%
Crude Birth Rate (per 1000): 32.90%
Human Development Index (rank / 188): 154
Human Development Index (scale 0 to 1): 0.516
Membership Date: 23/06/1980
Cumulative Approvals (1967-2016): UA 821.3 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

Mr Kapil Kapoor, Director General

Zimbabwe Country office (COZW)

African Development Bank Group

Block 1, Ground Floor, Arundel Office Park, 107 Norfolk Road, Mount Pleasant, Harare,  Zimbabwe
Office Telephone Numbers: +263 782 784 544-6, 732 458 568-9, 716 801 430-1

Mr Damoni Kitabire, Country Manager

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