Zimbabwe

Description of Zimbabwe

As a geopolitical and macroeconomic analyst, I provide unique insights into how macroeconomic statistics impact countries like Zimbabwe. By examining various indicators such as fertilizer consumption, GDP growth, inflation rates, and trade balances, we can better understand Zimbabwe's development trajectory and its positioning in relation to other nations. Drawing inspiration from the works of influential geopolitical strategists like Henry Kissinger, George Kennan, and Peter Zeihan, this website aims to offer a comprehensive analysis of Zimbabwe's economic landscape and its geopolitical significance in the global arena.

Population And Age Structure

Summary

Zimbabwe has a total population below the global average, with a higher percentage of children aged 0-14 compared to the average. However, the country has a lower percentage of working-age population (15-64 years) and elderly population (65 years and above) compared to the global average. These indicators are crucial for policymakers as they influence the labor force, education, healthcare, and social welfare systems in Zimbabwe, affecting its overall socioeconomic development and future demographic trends.

Population Miscellaneous

- Rural Population: Zimbabwe's rural population of 10,617,452 is below the average of 18,044,041. Zimbabwe ranks 52 out of 190 countries in this metric.
- Rural Population (% of Total Population): With 67.758% of its population living in rural areas, Zimbabwe exceeds the average of 41.158%. It ranks 32 out of 190 countries.
- Urban Population: Zimbabwe's urban population is 5,052,214, significantly below the average of 22,425,747. Zimbabwe ranks 92 out of 194 countries for urban population.
- Urban Population (% of Total Population): At 32.242%, Zimbabwe falls below the average of 59.690%. It ranks 163 out of 194 countries.
- Age Dependency Ratio (% of Working-Age Population): With a ratio of 80.285%, Zimbabwe is above the average of 59.219%. It ranks 26 out of 194 countries.
- Birth Rate, Crude: Zimbabwe's crude birth rate of 31.009 per 1,000 people is higher than the average of 19.384. It ranks 34 out of 192 countries.
- Death Rate, Crude: Zimbabwe's crude death rate of 8.132 per 1,000 people is slightly below the average of 8.214. It ranks 84 out of 192 countries.
- Fertility Rate, Total: With a fertility rate of 3.545 births per woman, Zimbabwe exceeds the average of 2.603. It ranks 47 out of 190 countries.

Summary

Zimbabwe stands out with a rural population percentage higher than average but with a lower urban population compared to global norms. The country also exhibits higher age dependency and fertility rates, indicating potential challenges in terms of workforce dynamics and demographic shifts. These indicators are crucial as they affect resource allocation, social welfare programs, and economic development strategies in Zimbabwe.

Military

Zimbabwe's military expenditure stands at $63,524,653.06, significantly below the average of $12,904,993,617.17, ranking 135th out of 149 countries in the dataset for this attribute. In terms of military expenditure as a percentage of GDP, Zimbabwe spends 0.26%, well below the average of 1.90%, placing it 146th out of 148 countries. The country's total armed forces personnel of 51,000 is lower than the average of 165,908, ranking 69th out of 164 countries. Additionally, Zimbabwe's armed forces personnel as a percentage of the total labor force is 0.85%, below the average of 1.28%, placing it 80th out of 164 countries.

Summary

Zimbabwe's military expenditure, as a percentage of both GDP and in total dollar amount, falls significantly below the global averages, placing the country in a lower rank compared to many others. With a smaller number of armed forces personnel compared to the average, Zimbabwe's military capabilities and resources are comparatively limited. These findings are important as they indicate the country's relatively lower prioritization of military spending and size of armed forces, potentially shaping its defense strategies, international influence, and military readiness in comparison to other nations.

Natural Resources

1. Forest area in Zimbabwe is 174445.8 sq. km, which is below the global average of 211606.115 sq. km. The country ranks 37th out of 191 countries in this attribute.

2. Land area in Zimbabwe is 386850 sq. km, below the average of 665166.512 sq. km. Zimbabwe is ranked 60th out of 194 countries in terms of land area.

3. Surface area in Zimbabwe is 390760 sq. km, lower than the average of 689779.561 sq. km. The country is ranked 61st out of 194 countries in surface area.

4. Zimbabwe has 4000000 hectares of arable land, below the average of 7329543.164 hectares. It ranks 56th out of 190 countries in arable land.

5. Land under cereal production in Zimbabwe is 1446000 hectares, lower than the global average of 4206011.632 hectares. The country ranks 65th out of 174 countries in this category.

6. The average precipitation in depth in Zimbabwe is 657 mm per year, below the average of 1157.832 mm per year. Zimbabwe ranks 117th out of 178 countries in this attribute.

7. Zimbabwe's renewable internal freshwater resources total 12.26 billion cubic meters, significantly below the average of 240.411 billion cubic meters. The country ranks 117th out of 178 countries in this attribute.

Summary

Zimbabwe is a country with below-average statistics in key macroeconomic indicators such as forest area, land area, arable land, land under cereal production, average precipitation, and renewable internal freshwater resources. These rankings show that Zimbabwe faces challenges in terms of natural resources availability for agriculture and environmental sustainability. It highlights the importance of sustainable land management, water resource conservation, and agricultural development initiatives to enhance food security and overall economic resilience in the country.

Resource Rents

For Total natural resources rents (% of GDP), Zimbabwe's value is 4.75% which is slightly above the average of 4.63%. This places Zimbabwe at rank 52 out of 175 countries in the dataset.

Regarding Coal rents (% of GDP), Zimbabwe's value is 0.21%, below the average of 0.40%. This positions Zimbabwe at rank 15 out of 65 countries in the dataset.

Zimbabwe's Forest rents (% of GDP) stand at 2.26%, surpassing the average of 1.53%. This places Zimbabwe at rank 35 out of 174 countries.

In terms of Oil rents (% of GDP), Zimbabwe has a value of 0.03%, significantly below the average of 2.51%. This puts Zimbabwe at rank 81 out of 117 countries.

For Mineral rents (% of GDP), Zimbabwe's value is 2.25%, notably higher than the average of 1.23%. Zimbabwe is ranked 16 out of 86 countries in the dataset for this attribute.

Summary

Zimbabwe appears to have a significant reliance on natural resources for its GDP, as indicated by its above-average values in total natural resources rents, forest rents, and mineral rents. However, the country lags behind in coal and oil rents compared to the global averages. These statistics are crucial as they highlight the importance of managing and diversifying revenue sources to ensure sustainable economic development and resilience against fluctuations in specific resource sectors.

Commodities

1. Cereal production (metric tons): Zimbabwe's production is significantly below the average of 17,249,945.93 metric tons, ranking 94th out of 174 countries.

2. Aquaculture production (metric tons): Zimbabwe's production is well below the average of 679,642.92 metric tons, ranking 59th out of 180 countries.

3. Capture fisheries production (metric tons): Zimbabwe's production is notably below the average of 467,453.06 metric tons, ranking 118th out of 190 countries.

4. Total fisheries production (metric tons): Zimbabwe's production is considerably below the average of 1,153,914.85 metric tons, ranking 102nd out of 182 countries.

5. Fertilizer consumption (kilograms per hectare of arable land): Zimbabwe's consumption is lower than the average of 159.04 kilograms per hectare, ranking 134th out of 187 countries.

Summary

Zimbabwe lags behind global averages in key agricultural production metrics such as cereal, aquaculture, and fisheries production. Additionally, the country has lower-than-average fertilizer consumption per hectare of arable land. These indicators highlight Zimbabwe's challenges in achieving self-sufficiency in food production and improving agricultural productivity, which are crucial for food security, economic growth, and overall development.

Intellectual Property

Zimbabwe's Scientific and Technical Journal Articles production is significantly below the global average of 15,103.76, with a value of 480.16. This places Zimbabwe at rank 96 out of 192 countries in this category.

Regarding Charges for the use of Intellectual Property Payments, Zimbabwe's value of 3,629,088.13 is far below the average of 3,218,843,494.39. The country ranks 116 out of 143 countries in this aspect.

Summary

Zimbabwe's production of Scientific and Technical Journal Articles is drastically lower than the global average, placing the country at rank 96 out of 192 nations. Similarly, Zimbabwe's Charges for the use of Intellectual Property Payments are significantly below the global average, positioning the country at 116 out of 143 countries. These indicators are crucial as they highlight Zimbabwe's relatively low contribution to global research and innovation, which could impact its competitiveness, technological advancement, and economic growth compared to other nations.

Broad Economy Attributes

When analyzing GDP (current US$), Zimbabwe's value is significantly below the attribute average, ranking 107 out of 189 countries. This indicates room for improvement in economic output.

For GDP, PPP (current international $), Zimbabwe also falls below the average, ranking 127 out of 181 countries. Enhancing purchasing power parity could boost the country's economic position.

In terms of GDP per capita (current US$), Zimbabwe's value is notably lower than the average, ranking 157 out of 190 countries. This suggests a lower individual economic output compared to other nations.

Similarly, for GDP per capita, PPP (current international $), Zimbabwe lags behind the average ranking 167 out of 181 countries. This reflects a lower individual purchasing power compared to the global average.

Considering GNI (current US$), Zimbabwe's value is below the average, ranking 105 out of 185 countries. Improving gross national income could elevate the country's economic standing.

For GNI, PPP (current international $), Zimbabwe's value is notably lower than the average, ranking 125 out of 181 countries. Enhancing purchasing power parity at the national level could lead to economic advancement.

Lastly, in GNI per capita, PPP (current international $), Zimbabwe's value is significantly below the average, ranking 169 out of 181 countries. This indicates a lower individual purchasing power compared to most nations in the dataset.

Summary

Zimbabwe ranks below the average in key macroeconomic indicators such as GDP, GDP per capita, and GNI. These rankings highlight the country's lower economic output, individual purchasing power, and gross national income compared to other nations. Addressing these disparities is crucial for Zimbabwe's economic growth, competitiveness, and overall prosperity in the global landscape.

Broad Value Added

- Gross value added at basic prices (GVA) (current US$): Zimbabwe's GVA is $20,312,425,38.19, ranking 100 out of 176 countries. It is significantly below the attribute average of $360,070,943,595.12.

- Agriculture, forestry, and fishing, value added (% of GDP): Zimbabwe's value added in this sector is 8.77% of its GDP, ranking 79 out of 182 countries. It is below the attribute average of 10.86%.

- Agriculture, forestry, and fishing, value added (current US$): Zimbabwe's value added in this sector is $1,887,015,459.36, ranking 107 out of 182 countries. It is notably lower than the attribute average of $19,924,732,828.07.

- Services, value added (% of GDP): Zimbabwe's value added in services is 52.89% of its GDP, ranking 119 out of 183 countries. It falls below the attribute average of 56.72%.

- Services, value added (current US$): Zimbabwe's value added in services is $11,377,033,050.79, ranking 106 out of 183 countries. It is significantly below the attribute average of $295,837,711,130.69.

- Industry (including construction), value added (current US$): Zimbabwe's value added in this sector is $7,048,194,028.05, ranking 99 out of 183 countries. It is notably below the attribute average of $118,421,095,413.50.

Summary

Zimbabwe's macroeconomic indicators show a significant underperformance compared to the global average and other countries. The country's Gross Value Added, agriculture, forestry, and fishing value added, services value added, and industry value added are all notably lower than the attribute averages, indicating challenges in diversifying its economy and maximizing productivity across sectors. Addressing these gaps is crucial for Zimbabwe to enhance economic growth, create job opportunities, attract investments, and improve overall living standards for its population.

Manufacturing Value Added

Manufacturing, value added (current US$): In Zimbabwe, the value added in manufacturing is $3,376,284,102.20. This is significantly lower than the average value of $76,207,179,589.66. Zimbabwe ranks 96th out of 173 countries in manufacturing value added.

Manufacturing, value added (% of GDP): Zimbabwe's manufacturing value added accounts for 15.70% of its GDP, higher than the average of 11.90%. The country ranks 47th out of 173 countries in this aspect.

Medium and high-tech manufacturing value added (% manufacturing value added): Zimbabwe's value added in medium and high-tech manufacturing is 9.59% of its total manufacturing value added, which is below the average of 24.49%. Zimbabwe ranks 115th out of 149 countries in this category.

Summary

Zimbabwe's manufacturing sector contributes significantly less to its GDP compared to the global average, ranking 96th out of 173 countries in manufacturing value added. Although the country's overall manufacturing value added is higher than the average percentage of GDP, its contribution to medium and high-tech manufacturing is substantially lower, placing Zimbabwe at 115th out of 149 countries in this field.

These statistics are crucial as they indicate Zimbabwe's relative position in the global manufacturing landscape and highlight areas where the country may need to focus on enhancing technological capabilities and diversifying its manufacturing base to spur economic growth and competitiveness in the long term.

Money

1. Inflation, consumer prices (annual %): Zimbabwe's inflation rate is remarkably high at 557.20%, far exceeding the average of 8.26% among 165 countries. This places Zimbabwe at the top rank out of 165 countries in terms of consumer price inflation.

2. Inflation, GDP deflator (annual %): With an inflation rate of 604.95%, Zimbabwe surpasses the average of 6.90% among 188 countries. Zimbabwe is ranked 1st out of 188 countries in terms of GDP deflator inflation.

3. Broad money growth (annual %): Zimbabwe's broad money growth is 485.55%, significantly lower than the average of 18.03% among 139 countries. This places Zimbabwe at the top rank out of 139 countries in terms of broad money growth.

4. Broad money (% of GDP): Zimbabwe's broad money as a percentage of GDP is 14.87%, much lower than the average of 71.75% among 139 countries. Zimbabwe is ranked 138th out of 139 countries in this aspect.

5. Broad money to total reserves ratio: Zimbabwe's ratio of broad money to total reserves is 95.76%, substantially higher than the average of 5.17% among 126 countries. Zimbabwe is ranked 1st out of 126 countries in terms of this ratio.

Summary

Zimbabwe's macroeconomic indicators show extreme levels of inflation in both consumer prices and GDP deflator, ranking the country at the top globally. Despite this, the country has a significantly low broad money growth and broad money as a percentage of GDP, with a high ratio of broad money to total reserves compared to the global average. These indicators highlight Zimbabwe's economic instability, marked by hyperinflation and a skewed financial system, posing challenges for sustainable economic growth and development.

Consumption Expenditure

Final consumption expenditure (current US$): Zimbabwe's value of $19,268,636,982.72 is significantly below the average of $381,630,252,515.38. Zimbabwe ranks 100 out of 159 countries in this attribute data.

Final consumption expenditure (% of GDP): Zimbabwe's value of 89.58% is above the average of 82.37%. This places Zimbabwe at rank 46 out of 159 countries.

General government final consumption expenditure (current US$): With a value of $1,907,448,735.34, Zimbabwe is far below the average of $93,676,578,238.03. Zimbabwe ranks 120 out of 158 countries in this attribute data.

General government final consumption expenditure (% of GDP): Zimbabwe's value of 8.87% is well below the average of 18.71%. This places Zimbabwe at rank 147 out of 158 countries.

Household and NPISHs Final consumption expenditure (current US$): Zimbabwe's value of $17,361,188,247.38 is significantly lower than the average of $290,127,571,157.69. Zimbabwe ranks 95 out of 158 countries in this attribute data.

Households and NPISHs final consumption expenditure (% of GDP): Zimbabwe's value of 80.71% is above the average of 63.68%. This places Zimbabwe at rank 24 out of 158 countries.

Summary

Zimbabwe demonstrates a pattern of significantly lower final consumption expenditure in both absolute terms and as a percentage of GDP compared to the global average. The country ranks relatively low in terms of final consumption expenditure, general government final consumption, and household final consumption. These indicators suggest constrained domestic demand, potential challenges in public spending capacity, and a relatively lower standard of living or purchasing power for households in Zimbabwe.

Investment

Foreign direct investment, net (BoP, current US$): Zimbabwe received a net FDI of -153,860,000 USD, significantly below the average of -1,615,235,980 USD. This ranks Zimbabwe 70th out of 169 countries in the dataset.

Foreign direct investment, net inflows (BoP, current US$): Zimbabwe had net FDI inflows of 150,360,000 USD, well below the average of 5,749,271,080 USD. This places Zimbabwe 122nd out of 182 countries.

Foreign direct investment, net inflows (% of GDP): Zimbabwe's net FDI inflows as a percentage of GDP were 0.70%, lower than the average of 2.61%. Zimbabwe ranks 126th out of 178 countries in this metric.

Foreign direct investment, net outflows (BoP, current US$): Zimbabwe saw net FDI outflows of -3,500,000 USD, below the average of 5,707,991,116 USD. Zimbabwe's rank is 122nd out of 156 countries.

Foreign direct investment, net outflows (% of GDP): Zimbabwe's net FDI outflows as a percentage of GDP were -0.02%, contrasting with the average of 1.00%. Zimbabwe is ranked 119th out of 155 countries.

Portfolio Investment, net (BoP, current US$): Zimbabwe had net portfolio investment of 81,646,526 USD, lower than the average of 679,559,169 USD, ranking Zimbabwe 62nd out of 159 countries.

Portfolio equity, net inflows (BoP, current US$): Zimbabwe experienced net outflows in portfolio equity of -81,646,526 USD, significantly below the average of 9,197,145,994 USD. Zimbabwe ranks 87th out of 125 countries in this category.

Summary

Overall, Zimbabwe has been receiving lower than average levels of foreign direct investment (FDI) and portfolio investment compared to other countries. The FDI inflows and outflows as percentages of GDP are also below the global average. These indicators suggest that Zimbabwe may face challenges in attracting significant capital from foreign investors, which could impact its economic growth and development prospects.

Debt

- Total debt service (% of GNI): Zimbabwe's total debt service accounts for 4.67% of its GNI, which is below the average of 5.98%. Zimbabwe ranks 52 out of 120 countries in this metric.

- Public and publicly guaranteed debt service (% of GNI): Zimbabwe's public and publicly guaranteed debt service is 0.20% of its GNI, well below the average of 2.84%. Zimbabwe ranks 114 out of 120 countries in this aspect.

- External debt stocks (% of GNI): Zimbabwe's external debt stocks represent 60.69% of its GNI, slightly below the average of 65.42%. The country ranks 46 out of 120 nations in this category.

- Debt service on external debt, total (TDS, current US$): Zimbabwe's total debt service on external debt is $985,411,946.40, significantly below the average of $9,811,195,839.23. Zimbabwe ranks 66 out of 123 countries in this measure.

- Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$): Zimbabwe's debt service on public and publicly guaranteed external debt is $42,647,902.10, far below the average of $3,310,612,057.60. The country ranks 105 out of 123 nations in this regard.

- External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$): Zimbabwe's external debt stocks for public and publicly guaranteed debt amount to $4,617,834,312.80, significantly lower than the average of $28,695,879,144.98. Zimbabwe ranks 76 out of 123 countries in this attribute.

- External debt stocks, private nonguaranteed (PNG) (DOD, current US$): Zimbabwe's external debt stocks for private nonguaranteed debt reach $3,831,815,464, well below the average of $33,734,699,285.22. The country ranks 56 out of 91 nations in this metric.

- External debt stocks, total (DOD, current US$): Zimbabwe's total external debt stocks amount to $12,793,015,300.10, substantially lower than the average of $73,845,530,111.82. In this aspect, Zimbabwe ranks 63 out of 123 countries.

Summary

Zimbabwe demonstrates a relatively low burden of debt service compared to its Gross National Income (GNI), with both total debt service and public debt service well below global averages. Additionally, the country's external debt stocks are significantly lower than the worldwide average across all categories, indicating a more manageable external debt situation. These indicators are crucial as they highlight Zimbabwe's potential for financial stability and its capacity to avoid the pitfalls of excessive debt that can hinder economic growth and development.

Broad Trade Attributes

Trade (% of GDP): Zimbabwe's trade as a percentage of GDP is 47.31%, below the average of 82.34%. It ranks 123 out of 163 countries in the dataset.

Merchandise trade (% of GDP): Zimbabwe's merchandise trade as a percentage of GDP is 43.69%, below the average of 60.01%. It ranks 116 out of 186 countries in the dataset.

Trade in services (% of GDP): Zimbabwe's trade in services as a percentage of GDP is 5.12%, significantly below the average of 24.63%. It ranks 163 out of 171 countries in the dataset.

External balance on goods and services (current US$): Zimbabwe's external balance on goods and services is -$586,620,985.12, significantly below the average of $3,405,509,011.13 USD. It ranks 94 out of 163 countries in the dataset.

External balance on goods and services (% of GDP): Zimbabwe's external balance on goods and services as a percentage of GDP is -2.73%, below the average of -5.97%. It ranks 81 out of 163 countries in the dataset.

Summary

Zimbabwe's trade metrics, including total trade, merchandise trade, and trade in services, are all below global averages, indicating potential room for growth and increased international economic engagement. The country's external balance on goods and services is also negative, further highlighting the need for strategic trade policies and initiatives to improve its economic position. These statistics are crucial as they reflect Zimbabwe's economic openness, competitiveness, and ability to generate foreign exchange, ultimately impacting its overall economic stability and growth prospects.

Net Trade

1. Zimbabwe's current account balance (BoP, current US$) is $1,096,259,599.91, which is below the average of $1,443,864,831.49. Zimbabwe ranks 42 out of 170 countries in this attribute data.

2. The current account balance (% of GDP) for Zimbabwe is 5.10%, above the average of -2.36%. Zimbabwe ranks 22 out of 170 countries in this attribute data.

3. Zimbabwe's net trade in goods and services (BoP, current US$) is -$226,006,542.95, significantly below the average of $2,604,730,003.57. Zimbabwe ranks 83 out of 171 countries in this attribute data.

4. In terms of net primary income (BoP, current US$), Zimbabwe has a value of -$473,017,566.34, above the average of -$903,807,529.74. Zimbabwe ranks 89 out of 170 countries in this attribute data.

5. Zimbabwe's net secondary income (BoP, current US$) is $1,795,188,357.63, much higher than the average of -$269,227,340.40. Zimbabwe ranks 47 out of 170 countries in this attribute data.

6. For the net trade in goods (BoP, current US$), Zimbabwe has a value of $212,191,133.13, below the average of $1,302,831,005.68. Zimbabwe ranks 64 out of 171 countries in this attribute data.

7. Zimbabwe's net capital account (BoP, current US$) stands at $299,684,263.50, higher than the average of $136,543,824.05. Zimbabwe ranks 36 out of 159 countries in this attribute data.

8. Lastly, Zimbabwe's net financial account (BoP, current US$) is $757,127,624.67, surpassing the average of -$469,840,994.63. Zimbabwe ranks 46 out of 170 countries in this attribute data.

Summary

Zimbabwe's macroeconomic indicators show a mixed performance compared to global averages and rankings among countries. While the country performs well in areas such as current account balance as a percentage of GDP and net secondary income, it faces challenges in net trade in goods and services and net primary income. These indicators are crucial as they reflect Zimbabwe's economic health, trade relationships, and ability to attract financial investments, highlighting areas for potential improvement and policy focus.

Broad Export Attributes

1. Exports of goods, services and primary income (BoP, current US$): Zimbabwe's value of $5,270,864,656.08 is significantly below the average of $146,238,908,936.30. Zimbabwe ranks 114th out of 170 countries in this dataset.

2. Exports of goods and services (BoP, current US$): Zimbabwe's value of $5,263,295,267.61 is also below the average of $122,938,540,059.78. The country ranks 111th out of 170.

3. Exports of goods and services (current US$): With a value of $4,795,170,611.46, Zimbabwe falls short of the average of $129,596,864,610.19. It ranks 110th out of 163 countries.

4. Exports of goods and services (% of GDP): Zimbabwe's value of 22.29% is below the average of 38.19%. The country is ranked 113th out of 163 in this aspect.

5. Goods exports (BoP, current US$): Zimbabwe's goods export value of $4,931,858,885.07 is notably lower than the average of $93,310,581,697.39. The country ranks 99th out of 171 nations in this category.

6. International tourism, receipts (% of total exports): Zimbabwe's value of 1.25% is below the average of 9.74%. The country ranks 104th out of 120 countries in terms of international tourism receipts.

7. ICT goods exports (% of total goods exports): Zimbabwe's value of 0.05% for ICT goods exports is significantly below the average of 3.81%. The country ranks 125th out of 142 nations in this aspect.

Summary

Zimbabwe's export performance across various metrics, including goods, services, and primary income, falls consistently below global averages, ranking the country relatively low among its peers. Particularly concerning is the low level of international tourism receipts and ICT goods exports, indicating potential areas for improvement in diversifying the country's export base and enhancing economic competitiveness. These findings underscore the importance of strategic economic reforms and policies to boost Zimbabwe's export capacity and drive sustainable economic growth.

Merchandise Exports

Analysis of key export attributes for Zimbabwe:

1. Merchandise exports (current US$): Zimbabwe's merchandise exports amount to $4.4 billion, which is significantly below the average of $89.5 billion. Zimbabwe ranks 111 out of 187 countries in this attribute.

2. Agricultural raw materials exports (% of merchandise exports): Zimbabwe's percentage of agricultural raw materials exports is 1.74%, lower than the average of 2.97%. The country ranks 57 out of 151 countries in this category.

3. Food exports (% of merchandise exports): Zimbabwe's food exports account for 22% of merchandise exports, slightly below the average of 24.06%. The country holds the 58th rank out of 152 countries.

4. Fuel exports (% of merchandise exports): Zimbabwe's fuel exports make up 1.10% of merchandise exports, significantly lower than the average of 13.70%. The country ranks 105 out of 147 countries in this attribute.

5. Ores and metals exports (% of merchandise exports): Zimbabwe has a high proportion of ores and metals exports at 44.76%, well above the average of 9.10%. The country is ranked 6th out of 152 countries in this aspect.

6. Merchandise exports by the reporting economy, residual (% of total merchandise exports): Zimbabwe's residual merchandise exports constitute 22.02% of total merchandise exports, notably higher than the average of 3.20%. Zimbabwe ranks 6th out of 166 countries in this category.

Summary

Zimbabwe's key export attributes paint a picture of a country heavily reliant on ores and metals exports, which comprise a significant portion of its merchandise exports at 44.76%, well above the global average. However, the country lags behind in fuel exports, with only 1.10% compared to the average of 13.70%. Understanding these export attributes is crucial for Zimbabwe's economic planning as it indicates areas of strength, such as ores and metals, and areas that may require attention, like fuel exports diversification, to ensure a balanced and sustainable export portfolio.

Technology Exports

1. Manufactures exports (% of merchandise exports): Zimbabwe's value of 7.93% is significantly below the average of 42.62%. With a rank of 132 out of 152 countries, Zimbabwe lags behind in this aspect.

2. High-technology exports (current US$): Zimbabwe's export value of $8,275,260 is far below the average of $16,655,934,078.80. This places Zimbabwe at a rank of 117 out of 151 countries for this indicator.

3. High-technology exports (% of manufactured exports): Zimbabwe's value of 2.38% is markedly lower than the average of 10.15%. At a rank of 112 out of 150 countries, Zimbabwe shows limited contribution to this sector.

4. Medium and high-tech exports (% manufactured exports): At 8.63%, Zimbabwe's performance is well below the average of 34.29%. This places Zimbabwe at a rank of 124 out of 149 countries, highlighting a need for improvement in this area.

Summary

Zimbabwe is clearly facing challenges in its export sector, particularly in high-technology and manufactured exports. With significantly lower percentages compared to the global average, Zimbabwe's ranking among countries for these indicators is quite low. This indicates a lack of competitiveness and innovation in key sectors, which is crucial for sustainable economic growth and diversification of the economy.

Service Exports

- Service exports (BoP, current US$): Zimbabwe's value of 331,436,382.54 is significantly below the average of 28,917,292,503.82 (Rank 138 out of 171 countries).
- ICT service exports (BoP, current US$): Zimbabwe's value of 45,719,420.4 is far below the average of 4,578,501,153.77 (Rank 112 out of 166 countries).
- ICT service exports (% of service exports, BoP): Zimbabwe's value of 13.79% exceeds the average of 11.75% (Rank 47 out of 166 countries).
- Communications, computer, etc. (% of service exports, BoP): Zimbabwe's value of 28.49% is substantially below the average of 45.85% (Rank 121 out of 169 countries).
- Transport services (% of service exports, BoP): Zimbabwe's value of 52.62% is notably above the average of 21.80% (Rank 15 out of 169 countries).
- Travel services (% of service exports, BoP): Zimbabwe's value of 18.89% is below the average of 26.40% (Rank 88 out of 167 countries).

Summary

Zimbabwe's service exports and ICT service exports are significantly below the global averages, ranking low among countries. However, Zimbabwe performs relatively well in exporting transport services, with a value notably above the average, indicating a potential area of strength. The low values in other categories like ICT service exports and communications reflect areas where Zimbabwe may need to focus on improving to enhance its overall economic performance and competitiveness in the global market.

Commercial Service Exports

Analysis of key stats for Commercial Service Exports in Zimbabwe:

1. Commercial service exports (current US$): Zimbabwe's value of $313,279,564.95 is significantly below the average of $28,508,218,402.80, ranking 136 out of 171 countries.

2. Travel services (% of commercial service exports): The value of 19.98% is below the average of 27.89%, placing Zimbabwe at rank 87 out of 167 countries.

3. Computer, communications and other services (% of commercial service exports): Zimbabwe's value of 24.35% is below the average of 42.44%, positioning the country at rank 121 out of 169 countries.

4. Transport services (% of commercial service exports): Zimbabwe excels in this category with a value of 55.67%, notably above the average of 23.37%, securing the country a high rank of 17 out of 169 countries.

Summary

Zimbabwe's commercial service exports show a significant disparity when compared to global averages. The country performs below average in travel services and computer, communications, and other services, ranking 87th and 121st respectively. However, Zimbabwe excels in transport services, ranking 17th with a value well above the global average. These findings are crucial as they highlight areas where Zimbabwe can focus on improving its export performance to enhance its economic growth and competitiveness in the global market.

Broad Import Attributes

1. Imports of goods and services (current US$): Zimbabwe's value of $5,381,791,596.58 is significantly below the average of $126,191,355,599.06. Zimbabwe ranks 115th out of 163 countries in this attribute.

2. Imports of goods and services (% of GDP): Zimbabwe's value of 25.02% is below the average of 44.15%. The country ranks 128th out of 163 countries in this attribute.

3. International tourism expenditures (% of total imports): Zimbabwe's value of 2.86% is slightly below the average of 3.98%. The country ranks 69th out of 131 countries in this attribute.

4. ICT goods imports (% total goods imports): Zimbabwe's value of 2.40% is below the average of 6.85%. The country ranks 129th out of 143 countries in this attribute.

5. Goods imports (BoP, current US$): Zimbabwe's value of $4,719,667,751.94 is significantly below the average of $92,007,788,027.17. The country ranks 116th out of 171 countries in this attribute.

6. Imports of goods and services (BoP, current US$): Zimbabwe's value of $5,489,301,810.56 is significantly below the average of $120,321,577,988.12. Zimbabwe ranks 120th out of 170 countries in this attribute.

7. Imports of goods, services, and primary income (BoP, current US$): Zimbabwe's value of $5,969,888,765.37 is significantly below the average of $144,514,428,722.28. The country ranks 122nd out of 170 countries in this attribute.

Summary

Zimbabwe's key macroeconomic indicators for imports of goods and services all reflect values significantly below global averages, indicating a relatively low level of economic activity in terms of imports. The country ranks below average across various metrics, such as imports as a percentage of GDP and ICT goods imports. These statistics are important as they highlight Zimbabwe's limited participation in international trade and potentially suggest challenges in diversifying its economy and accessing global markets effectively.

Merchandise Imports

Merchandise imports (current US$): Zimbabwe's merchandise imports amount to $5,002,000,000, which is significantly below the average of $89,385,605,263. The country ranks 121 out of 190 countries in this data set.

Manufactures imports (% of merchandise imports): Zimbabwe's manufactures imports account for 62.15% of its total merchandise imports, slightly below the average of 66.76%. The country ranks 112 out of 152 countries in this category.

Agricultural raw materials imports (% of merchandise imports): Zimbabwe's imports of agricultural raw materials represent 0.54% of its total merchandise imports, notably lower than the average of 1.27%. The country ranks 130 out of 152 countries.

Food imports (% of merchandise imports): Zimbabwe's food imports constitute 19.50% of its total merchandise imports, higher than the average of 15.89%. The country ranks 43 out of 152 countries in this regard.

Fuel imports (% of merchandise imports): Zimbabwe's fuel imports make up 16.13% of its total merchandise imports, surpassing the average of 11.38%. The country ranks 30 out of 152 countries for this attribute.

Ores and metals imports (% of merchandise imports): Zimbabwe's imports of ores and metals stand at 1.02% of its total merchandise imports, considerably below the average of 2.57%. The country holds the 116th rank out of 152 countries.

Merchandise imports by the reporting economy, residual (% of total merchandise imports): Zimbabwe's residual merchandise imports account for 2.64% of the total, slightly above the average of 2.51%. The country ranks 35 out of 180 countries in this category.

Summary

Zimbabwe's merchandise imports amount to $5,002,000,000, ranking 121st out of 190 countries, significantly below the global average. The country tends to prioritize fuel and food imports over agricultural raw materials and ores/metals. This is crucial as it indicates Zimbabwe's dependency on external sources for critical goods, potentially impacting its trade balance, foreign exchange reserves, and overall economic stability.

Service Imports

Zimbabwe's service imports amount to $769,634,058.62, ranking 131 out of 171 countries. This value is significantly below the attribute average of $27,615,356,170.47.

Communications, computer, etc. comprise 38.21% of Zimbabwe's service imports, ranking 105 out of 169 countries. This percentage is lower than the attribute average of 44.40%.

Transport services represent 35.78% of Zimbabwe's service imports, placing the country at rank 65 out of 169. Zimbabwe's value is higher than the attribute average of 32.90%.

Zimbabwe's travel services constitute 17.58% of its service imports, ranking 46 out of 169 countries. This figure is higher than the attribute average of 14.14%.

Insurance and financial services make up 8.43% of Zimbabwe's service imports, positioning the country at rank 69 out of 169. Zimbabwe's value is slightly below the attribute average of 8.53%.

Summary

Zimbabwe shows a lower-than-average total service imports, with a significant disparity compared to the global average. The country's reliance on communications and computer-related services is below average, while transportation services play a more substantial role in its imports. Additionally, Zimbabwe prioritizes travel services over insurance and financial services compared to the global average. These indicators are crucial as they reflect Zimbabwe's trade dependencies, economic priorities, and potential areas for growth and development.

Commercial Service Imports

Zimbabwe's commercial service imports amount to $741,987,332.67, which is significantly below the attribute average of $27,102,746,128.60, ranking 129th out of 171 countries.

The percentage of computer, communications, and other services in Zimbabwe's commercial service imports is 35.91%, below the average of 41.71%. Zimbabwe ranks 102nd out of 169 countries in this regard.

Zimbabwe's insurance and financial services constitute 8.74% of its commercial service imports, slightly below the average of 8.85%. The country ranks 66th out of 169 countries in this category.

Transport services make up 37.11% of Zimbabwe's commercial service imports, above the average of 34.71%. Zimbabwe ranks 66th out of 169 countries in this aspect.

Zimbabwe's travel services represent 18.24% of its commercial service imports, surpassing the average of 14.73%. The country ranks 49th out of 169 countries in this particular area.

Summary

Zimbabwe's commercial service imports are significantly below the global average, ranking 129th out of 171 countries. The country's import composition shows a lower percentage of computer, communications, and other services, insurance and financial services, and travel services compared to the global average. However, Zimbabwe imports a higher percentage of transport services than the average. These statistics are crucial as they indicate areas where Zimbabwe may need to improve its service imports to align better with global standards and potentially boost its economic growth through diversified service offerings.

Infrastructure

In terms of railways passengers carried (million passenger-km), Zimbabwe falls below the global average with a value of 17. The country ranks 60th out of 64 countries included in the data set, indicating a lower level of railway passenger transportation compared to other nations.

Zimbabwe also lags behind in railways goods transported (million ton-km) with a value of 703, significantly below the average of 119,231. Zimbabwe ranks 52nd out of 62 countries in this category, showcasing a limited volume of goods transported via railways compared to other nations.

When it comes to air transport freight (million ton-km), Zimbabwe's value of 9.9972456 is notably lower than the average of 1,384.37. The country ranks 77th out of 126 countries, indicating a smaller scale of air freight transportation compared to a larger number of nations.

Zimbabwe's air transport registered carrier departures worldwide stand at 3,450, well below the average of 134,365.60. This places Zimbabwe at 111th out of 149 countries, highlighting a relatively modest presence in terms of registered carrier departures on a global scale.

In air transport passengers carried, Zimbabwe reports 324,226.54, significantly lower than the average of 11,848,242.70. Positioned at 98th out of 149 countries, Zimbabwe's air passenger transport sector caters to a smaller volume of passengers compared to most nations.

Lastly, Zimbabwe's rail lines (total route-km) span 3,120 kilometers, falling short of the average of 12,204.74. With a rank of 34th out of 66 countries, Zimbabwe's railway network is relatively smaller in terms of total route-kilometers compared to other countries in the dataset.

Summary

Zimbabwe's transportation infrastructure, particularly in railways and air transport, lags behind global averages as indicated by lower values in key indicators such as railways passengers carried, railways goods transported, air transport freight, air transport passengers carried, and registered carrier departures. These findings are crucial as they underscore Zimbabwe's limited connectivity and capacity for both passenger and freight transportation compared to a large number of nations worldwide, which could impact the country's trade, tourism, and overall economic development.

Information Technology Infrastructure

When it comes to Secure Internet servers, Zimbabwe falls below the average with a value of 1107, ranking 113 out of 193 countries. The attribute average is 458,294.19 servers.

For Secure Internet servers per 1 million people, Zimbabwe's value of 70.65 is much lower than the average of 14,067.17. Zimbabwe ranks 141 out of 193 countries in this category.

Zimbabwe also lags in Individuals using the Internet (% of population) with 29.30%, significantly below the average of 64.77%. Its rank is 151 out of 180 countries.

In terms of Fixed broadband subscriptions, Zimbabwe's 203,461 subscriptions fall short of the average of 6,591,956.35, positioning the country at 114 out of 185 countries.

Mobile cellular subscriptions in Zimbabwe stand at 13,191,708, considerably lower than the average of 42,526,463.87 subscriptions. This places Zimbabwe at 72 out of 193 countries in terms of mobile cellular subscriptions.

Summary

Zimbabwe falls below global averages in key macroeconomic indicators related to internet infrastructure and connectivity. The country has fewer secure internet servers, lower secure internet servers per 1 million people, a smaller percentage of individuals using the internet, and fewer fixed broadband subscriptions compared to the global average. This lack of digital infrastructure can hinder Zimbabwe's economic development by limiting access to online resources, communication, and opportunities for innovation and growth in the digital economy.

Energy Consumption

Zimbabwe's renewable energy consumption stands at 84.36% of total final energy consumption, which is significantly higher than the average of 32.18%. The country ranks 11th out of 191 countries in this aspect. On the other hand, Zimbabwe's CO2 emissions are only 8312.5 kt, far below the average of 171,895.94 kt. This places Zimbabwe at the 109th position out of 188 countries in terms of CO2 emissions.

Summary

Zimbabwe demonstrates a commendable commitment to renewable energy consumption, surpassing the global average by a substantial margin and ranking relatively high internationally. Additionally, the country's significantly low CO2 emissions compared to the global average reflect a positive stance towards environmental sustainability. These statistics are crucial as they indicate Zimbabwe's progress towards adopting clean energy sources and mitigating greenhouse gas emissions, contributing positively to global environmental efforts and positioning the country favorably in the international landscape of sustainable development.

Government Balance Sheet

1. Total reserves (% of total external debt): Zimbabwe's value of 0.2611% is significantly below the average of 66.1254%. This places Zimbabwe at rank 102 out of 102 countries included in the data.

2. Reserves and related items (BoP, current US$): Zimbabwe's value of -$87,692,585.39 is far below the average of $1,924,407,186.58. This ranks Zimbabwe at 113 out of 171 countries.

3. Total reserves minus gold (current US$): Zimbabwe's value of $31,937,527.41 is significantly below the average of $74,221,588,171.61. This places Zimbabwe at rank 161 out of 161 countries.

4. Total reserves (includes gold, current US$): Zimbabwe's value of $33,405,021.01 is well below the average of $85,708,019,773.47. Zimbabwe ranks at 161 out of 161 countries for this attribute.

5. Total reserves in months of imports: Zimbabwe's value of 0.0671 months is significantly lower than the average of 7.0969 months. This places Zimbabwe at rank 150 out of 151 countries in the dataset.

Summary

Zimbabwe lags behind significantly in key macroeconomic indicators related to reserves and external debt compared to the global average. The country ranks poorly in total reserves, reserves and related items, and total reserves minus gold, highlighting its vulnerability in terms of financial stability and ability to meet external obligations. The low total reserves in months of imports further accentuates Zimbabwe's precarious position in terms of foreign exchange reserves, posing potential challenges for the country's economic stability and ability to weather external shocks.

Top Stats

Ranks in Top Decile For:

Attribute	Rank/Total
Inflation, consumer prices (annual %)	1/165
Inflation, GDP deflator (annual %)	1/188
Broad money growth (annual %)	1/139
Broad money to total reserves ratio	1/126
Ores and metals exports (% of merchandise exports)	6/152
Merchandise exports by the reporting economy, residual (% of total merchandise exports)	6/166
Transport services (% of service exports, BoP)	15/169
Renewable energy consumption (% of total final energy consumption)	11/191

Ranks in Bottom Decile For:

Attribute	Rank/Total
Military expenditure (current USD)	135/149
Military expenditure (% of GDP)	146/148
GDP per capita, PPP (current international $)	167/181
GNI per capita, PPP (current international $)	169/181
Broad money (% of GDP)	138/139
General government final consumption expenditure (% of GDP)	147/158
Public and publicly guaranteed debt service (% of GNI)	114/120
Trade in services (% of GDP)	163/171
ICT goods imports (% total goods imports)	129/143
Railways, passengers carried (million passenger-km)	60/64
Total reserves (% of total external debt)	102/102
Total reserves minus gold (current US$)	161/161
Total reserves (includes gold, current US$)	161/161
Total reserves in months of imports	150/151