Zimbabwe: Fiscal balance, percent of GDP

* indicates monthly or quarterly data series
 Zimbabwe

Fiscal balance, percent of GDP

 Latest value -1.06
 Year 2024
 Measure percent
 Data availability 2005 - 2024
 Average -2.12
 Min - Max -7.37 - -0.11
 Source The World Bank
The latest value from 2024 is -1.06 percent, an increase from -3.9 percent in 2023. In comparison, the world average is -2.69 percent, based on data from 185 countries. Historically, the average for Zimbabwe from 2005 to 2024 is -2.12 percent. The minimum value, -7.37 percent, was reached in 2017 while the maximum of -0.11 percent was recorded in 2010. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Zimbabwe - Fiscal balance, percent of GDP - Recent values chart

Historical series
Zimbabwe - Fiscal balance, percent of GDP - historical chart - 2005-2024




Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. The value is expressed as percent of GDP to relate it to the size of the economy. The source for these data is: Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara. 2022. "A Cross-Country Database of Fiscal Space." Journal of International Money and Finance 128 (November): 102682.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 12.15 2024 percent
 Government spending, in dollars 5.51 2024 billion U.S. dollars
 Fiscal balance, percent of GDP -1.06 2024 percent
 Primary budget balance -0.51 2024 percent
 Tax revenue 7.21 2018 percent
 Commercial tax rate 31.60 2019 percent
 Tax preparation time 242 2019 hours
 Taxes on goods and services 41.23 2018 percent
 Taxes on international trade 7.66 2018 percent
 Income and profits taxes 33.32 2018 percent
 Foreign aid 791.53 2023 million U.S. dollars
 Government debt 73.05 2024 percent
 Sovereign debt average maturity 11.42 2024 percent
 Short-term government debt 0.00 2024 percent
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