Zimbabwe’s real GDP may exceed $100 billion
By the AFREEQUE newsroom, based on Financial Gazette (Zimbabwe)
Analysts estimate Zimbabwe’s real gross domestic product exceeds $100 billion, compared with about $66 billion according to official figures. They attribute the gap to the importance of informal and undervalued economic activity, according to experts quoted this week by the Financial Gazette.
Zimbabwe’s nominal gross domestic product is officially estimated at about $66 billion, but experts estimate that the economy’s actual footprint exceeds $100 billion. They put forward this estimate this week in a statement to the Financial Gazette, Zimbabwe’s leading business publication, citing in particular the importance of undeclared commercial activities.
This estimate revises upwards the $65.9 billion figure presented on 22 October for Zimbabwe’s economy, which was then ranked 14th in Africa, according to Zimbabwe’s economy reaches $65.9 billion, 14th in Africa.
