The Economy of Zimbabwe
Zimbabwe at a Glance
Zimbabwe is a resource-rich southern African country once known as a regional breadbasket, whose economy has been battered by policy failures, hyperinflation and currency crises.
Zimbabwe has about 16 million people, fertile land and rich minerals including gold, platinum and lithium.
Strengths
Skilled, educated workforce, farmland, minerals and tourism sites like Victoria Falls.
Weaknesses
Repeated currency collapses, weak property rights, debt arrears and a large informal economy.
Story
A rich country’s economy shrank sharply between 1998 and 2008, and recovery has been uneven.
Many Zimbabweans earn a living through street trading and small services.
It has abundant natural wealth.
- Zimbabwe has farmland and minerals.
- Currency crises recur.
- The informal economy is large.
- Recovery has been uneven.
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