Real Gross Domestic Product for Zimbabwe
ZWENGDPRPCPPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.64
Year-over-Year Change
93.21%
Date Range
1/1/2000 - 1/1/2026
Summary
The Real Gross Domestic Product for Zimbabwe measures the total economic output of the country, adjusted for inflation. It is a key indicator used by economists and policymakers to assess the overall health and growth of the Zimbabwean economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Real GDP is a comprehensive metric that captures the value of all goods and services produced within Zimbabwe's borders, excluding the effects of price changes. It provides insights into the country's economic performance and is widely referenced in economic analysis and policy decisions.
Methodology
The data is calculated by the Zimbabwean National Statistics Agency based on surveys and administrative records.
Historical Context
Real GDP is a critical statistic for Zimbabwe's government, central bank, and international institutions to monitor the country's economic trajectory and make informed policy choices.
Key Facts
- Zimbabwe's real GDP contracted by 7.1% in 2020 due to the COVID-19 pandemic.
- The agricultural sector accounts for approximately 12% of Zimbabwe's real GDP.
- Zimbabwe has experienced periods of hyperinflation that have significantly impacted its real GDP figures.
FAQs
Q: What does this economic trend measure?
A: The Real Gross Domestic Product for Zimbabwe measures the total value of all goods and services produced within the country, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: Real GDP is a key indicator of Zimbabwe's overall economic performance and growth, providing important insights for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the Zimbabwean National Statistics Agency based on surveys and administrative records.
Q: How is this trend used in economic policy?
A: Zimbabwe's government, central bank, and international institutions closely monitor the country's real GDP to inform economic policies and make decisions that support sustainable growth.
Q: Are there update delays or limitations?
A: There may be delays in the reporting of Zimbabwe's real GDP data due to the challenges of data collection in the country.
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Citation
U.S. Federal Reserve, Real Gross Domestic Product for Zimbabwe (ZWENGDPRPCPPPT), retrieved from FRED.