Zimbabwe Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
Zimbabwe's gross savings was 10.70% in 2024, ranked 150th globally. This represents a 11.4% decrease from 2023. Data from World Bank, covering 1977–2024.
Overview
Zimbabwe's gross savings stood at 10.70% in 2024, a decline of +1.37% from 2023. Zimbabwe ranked 150th globally.
Zimbabwe’s gross savings ratio has risen markedly from an early‑stage level of 6.96 in 1977 to 10.70 in 2024, placing it 150th in the World Bank ranking. The indicator experienced an all‑time trough of –11.59 in 1992, reflecting the severe fiscal distress of the early 1990s, before climbing to a peak of 46.14 in 2019 as macro‑economic reforms and a modest recovery in export earnings boosted domestic capital formation. Over the 34‑year coverage period, the upward trajectory has been uneven, with the post‑peak decline after 2019 coinciding with renewed currency instability and external debt pressures. Compared with peers of similar rank, Zimbabwe’s savings rate is slightly above Greece’s 10.78 and below Burundi’s 11.00, suggesting a modest but still limited capacity to mobilise internal resources for investment. Continued stabilization of the monetary environment and improved fiscal discipline could sustain the recent gains and gradually lift the savings ratio toward higher‑income benchmarks.
Data & projection
| Year | Gross Savings | YoY change | Rank |
|---|---|---|---|
| 2024 | 10.70% | −1.37% | #150 |
| 2023 | 12.07% | −30.25% | #155 |
| 2022 | 42.32% | −0.55% | #13 |
| 2021 | 42.87% | −1.14% | #8 |
| 2020 | 44.01% | −2.13% | #5 |
| 2019 | 46.14% | +32.22% | #6 |
| 2018 | 13.93% | +5.51% | #152 |
| 2017 | 8.42% | +9.64% | #175 |
| 2016 | -1.22% | −0.23% | #184 |
| 2015 | -0.99% | −2.51% | #183 |
| 2014 | 1.52% | +2.01% | #180 |
| 2013 | -0.49% | +6.26% | #177 |
| 2012 | -6.75% | −11.53% | #181 |
| 2011 | 4.78% | +3.27% | #169 |
| 2010 | 1.51% | +3.36% | #179 |
Detected Pattern
Analysis
Zimbabwe matched the Stagflation Risk pattern in 2024. Historically, 38% of countries showing this pattern (117 out of 307) saw gross savings improve within 24 months. View full analysis →
Frequently Asked Questions
Zimbabwe's gross savings was 10.70% in 2024. Ranked 150th globally. This represents a 11.4% decrease from the previous year.
Zimbabwe's gross savings peaked at 46.14% in 2019.
The lowest gross savings in Zimbabwe was -11.59% in 1992.
Zimbabwe ranks 150th globally in gross savings as of 2024.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
The gross savings of Zimbabwe in 2024 was 10.70%. This ranks 150th in the world.
Cite this page
@misc{historysaid_zimbabwe_gross-savings,
title = {Zimbabwe Gross Savings},
url = {https://historysaid.com/zimbabwe/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}