Zimbabwe: Trade (% of GDP)
In , Zimbabwe's Trade (% of GDP) was 41.49.
That's up 3.0% from 2023, the highest value since .
The global average for this indicator in 2024 was 92.19 . Zimbabwe ranks #138 globally out of 160 reporting countries. Within Sub-Saharan Africa, it ranks #32 of 39.
Source: World Bank Open Data (NE.TRD.GNFS.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 109.52
- Trough
- 40.18
- 1-year change
- +3.0%
- 5-year change
- -10.0%
- -2.1% / yr
- 10-year change
- -24.1%
- -2.7% / yr
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 41.4865 | |
| 40.2913 | |
| 55.0674 | |
| 44.1146 | |
| 40.1784 | |
| 46.1065 | |
| 54.5503 | |
| 55.0283 | |
| 51.2190 | |
| 56.7497 |
About Trade (% of GDP)
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.TRD.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Zimbabwe's Trade (% of GDP) in 2024?
- In 2024, Zimbabwe's Trade (% of GDP) was 41.49, according to World Bank Open Data.
- Is Zimbabwe's Trade (% of GDP) rising or falling?
- Zimbabwe's Trade (% of GDP) rose 3.0% from 2023 to 2024.
- How does Zimbabwe rank globally on Trade (% of GDP)?
- In 2024, Zimbabwe ranked #138 out of 160 countries reporting Trade (% of GDP).
- How does Zimbabwe's Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2024 was 92.19, so Zimbabwe is below the world average. Within Sub-Saharan Africa, it ranks #32 of 39.
- What is Trade (% of GDP) and how is it measured?
- Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.TRD.GNFS.ZS), CC BY 4.0.