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Zimbabwe

Republic of Zimbabwe: its economy, what is open there now and who is doing business there.

Open tenders, funding calls and programmes
7Show open
Contract awards on record
255Awards
Companies on record
174
Deals tracked
1
English, Shona, Ndebele Zimbabwe Gold (ZWG) Mixed: Roman-Dutch law, English common law, customary law
AU, SADC, COMESA, AfCFTA, WTO

Zimbabwe possesses extraordinary mineral wealth, including the world's second-largest platinum deposits, significant gold reserves, and Africa's largest lithium deposits at Bikita Minerals and Arcadia (owned by Prospect Resources/Zhejiang Huayou). The country is also a major producer of chrome, diamonds, and nickel.

Agriculture remains vital, with tobacco as the leading agricultural export (world's sixth-largest producer). Victoria Falls is an iconic tourism destination. The economy has faced persistent macroeconomic challenges including hyperinflation, currency instability, and a complex multi-currency system using both USD and the Zimbabwe Gold (ZiG) introduced in April 2024.

The Zimbabwe Investment and Development Agency (ZIDA) administers investment facilitation. The government's "Vision 2030" targets upper-middle-income status. Key reforms needed include currency stability, property rights clarity, and reduction of the informal economy.

Snapshot

Population~17.0 MWorld Bank, 2025
GDP (current USD)$51.2 BWorld Bank, 2025
GDP per Capita$3,021World Bank, 2025
GDP Growth8.11%World Bank, 2025
Inflation (y/y)~104.71%World Bank, 2022
Bank policy rate (RBZ)35.00%Central Bank
Unemployment9.29%World Bank, ILO modelled estimate, 2025
Internet Use~41.64%World Bank, 2024
Electrification~49.00%World Bank WDI
CPI Score (Rank)23.0/100 (#157)Transparency Intl
HDI (Rank)0.593 (#146)UNDP HDR
MarketZimbabwe Stock Exchange (ZSE)

World Bank Indicators Compare with another country

GDP (current USD)$51.2 BWorld Bank, 2025
GDP growth (annual)8.11%World Bank, 2025
GDP per capita (USD)$3,021World Bank, 2025
Population, total17.0 MWorld Bank, 2025
FDI net inflows (USD)$965.0 MWorld Bank, 2025
Inflation (consumer prices)104.71%World Bank, 2022
Unemployment (% labour force)9.29%World Bank, 2025
Internet use (% of people)41.64%World Bank, 2024
Trade (% of GDP)41.50%World Bank, 2024

Climate Readiness Full ranking

45out of 100
Emerging
Climate adaptation readiness for Zimbabwe, from 5 of 5 measured indicators.
Energy access4949.0% · 30% weight
Governance readiness2323 / 100 CPI · 20% weight
Human readiness590.593 HDI · 20% weight
Economic readiness58$3,021, 2025 · 15% weight
Digital readiness3535.0% · 15% weight
This scores climate adaptation readiness (adaptive capacity), following the readiness dimension of the ND-GAIN framework, from five measured indicators scaled 0 to 100. It does not measure emissions or physical climate vulnerability. Energy access is the most climate-specific of the five; the others cover governance, the economy, human development and digital readiness. The economic sub-score is relative to the African countries we cover.
How this is computed

Adaptive capacity to absorb climate finance and adapt, following the readiness dimension of the ND-GAIN framework, from measured indicators only. It is not a measure of emissions or physical climate vulnerability.

  • Energy access (30%): World Bank, access to electricity (% of population). The single most climate and energy specific signal held: SDG 7 and the clean-energy transition.
  • Governance readiness (20%): Transparency International, Corruption Perceptions Index (0-100). ND-GAIN governance readiness: the capacity to govern and deploy climate finance. Higher is cleaner.
  • Human readiness (20%): UNDP, Human Development Index (0-1). ND-GAIN social readiness: the adaptive capacity of the population.
  • Economic readiness (15%): World Bank, GDP per capita (current US$), latest measured year. ND-GAIN economic readiness: the capacity to finance adaptation. Scored relative to the covered set.
  • Digital readiness (15%): World Bank, individuals using the Internet (% of population). Information systems for early warning and adaptation.

A country is scored only when at least 4 of the five indicators are held. Sub-scores are weighted and renormalised over the indicators that are present; nothing is estimated for one that is absent.

Country Facts

CapitalHarare
RegionSouthern Africa
CurrencyZimbabwe Gold (ZWG)
FX RegimeMultiple currency system (USD + Zimbabwe Gold ZiG)
Stock ExchangeZimbabwe Stock Exchange (ZSE)
Investment Promotion AgencyZimbabwe Investment and Development Agency (ZIDA)
Legal SystemMixed: Roman-Dutch law, English common law, customary law
Time ZoneAfrica/Harare

Focus Sectors

Mining (platinum, gold, lithium, chrome, diamonds)
Agriculture (tobacco, sugar)
Tourism (Victoria Falls)
Manufacturing
Financial Services
Energy
Construction
Telecoms
Retail
Transport

Trade

Exports $7.90B (2024)

25.1% to other African countries

Top export partners

United Arab Emirates
34.4%
China
25.2%
Zambia
2.2%
Belgium
2.1%
Indonesia
1.6%
India
1.5%
France
1.0%
Germany
1.0%

Top export products (HS 4)

Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
31.8%
Tobacco, unmanufactured
17.0%
Nickel mattes
12.5%
Mineral substances not elsewhere specified or included
10.6%
Ferro-alloys
5.0%
Diamonds, whether or not worked, but not mounted or set
4.3%
Ores and concentrates
3.1%
Coke and semi-coke
2.1%
Chromium ores and concentrates
1.8%
Raw hides and skins n.e.c in headings no. 4101, 4102
1.2%

By HS chapter

Natural, cultured pearls 36.2%Tobacco and manufactured tobacco substitutes 18.0%Nickel and articles thereof 12.5%Salt 11.4%Ores, slag and ash 5.4%Iron and steel 5.3%Mineral fuels, mineral oils and products of their distillation 2.9%Fruit and nuts, edible 1.7%Raw hides and skins (other than furskins) and leather 1.3%Sugars and sugar confectionery 0.8%

Imports $9.73B (2024)

53.3% from other African countries

Top import partners

China
14.5%
Bahamas
7.5%
Singapore
3.4%
Zambia
3.4%
United Arab Emirates
3.1%
Bahrain
2.8%
India
2.1%

Top import products (HS 4)

Petroleum oils and oils from bituminous minerals, not crude
16.8%
Maize (corn)
5.7%
Vehicles
2.6%
Rice
2.4%
Soya-bean oil and its fractions
2.2%
Electrical energy
2.1%
Fertilizers
1.8%
Motor cars and other motor vehicles
1.6%
Wheat and meslin
1.5%
Medicaments
1.3%

By HS chapter

Mineral fuels, mineral oils and products of their distillation 20.5%Machinery and mechanical appliances, boilers, nuclear reactors 12.5%Cereals 9.6%Vehicles 7.3%Electrical machinery and equipment and parts thereof 5.9%Fertilizers 3.6%Plastics and articles thereof 3.4%Animal, vegetable or microbial fats and oils and their cleavage products 2.8%Iron or steel articles 2.8%Iron and steel 2.6%

Source: CEPII BACI (version 202601, updated 22 Jan 2026), Etalab 2.0 (licence). Goods only, HS 2022, current USD, 2024. Aggregated by allbusiness.africa.

Regulations & Taxes

Corporate Income Tax25% standard (24.72% effective with AIDS levy)
VAT / Sales Tax15% standard