household debts in Zimbabwe

Gross debt in Zimbabwe

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.

The gross debt in Zimbabwe in the period from 1998 to 2021 was between 1.7 billion and 22.0 billion USD. The hightest level within the past 23 years was reached in 2020. However, the liabilities in 2021 have been only 19 billion USD

Based on the number of inhabitants, this is a debt of 1,187 USD per person. For comparison, the average debt per person in the same year in the European Union was 33,827 USD.

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Gross debt of the last 23 years in billion USD

YearZimbabwe totalZimbabwe per capitaEU per capita
19981.76 bn USD150 USD14,079 USD
19991.83 bn USD154 USD14,032 USD
20001.77 bn USD149 USD11,241 USD
20011.73 bn USD145 USD11,263 USD
20021.95 bn USD163 USD12,266 USD
20032.51 bn USD210 USD15,295 USD
20051.90 bn USD158 USD18,337 USD
20062.15 bn USD177 USD18,887 USD
20072.36 bn USD193 USD20,910 USD
20082.70 bn USD218 USD24,100 USD
20095.67 bn USD453 USD25,376 USD
20105.73 bn USD451 USD26,515 USD
20116.04 bn USD469 USD29,254 USD
20126.55 bn USD499 USD28,198 USD
20137.05 bn USD528 USD30,008 USD
20148.23 bn USD606 USD30,677 USD
20159.47 bn USD669 USD25,944 USD
201610.09 bn USD698 USD26,287 USD
201713.03 bn USD883 USD27,108 USD
201817.42 bn USD1,157 USD28,543 USD
201920.35 bn USD1,325 USD27,264 USD
202022.05 bn USD1,407 USD30,919 USD
202118.98 bn USD1,187 USD33,827 USD

Comparison of gross debt per capita with the European Union in U.S. dollars

      Zimbabwe       European Union

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