Goods and services expense in Zimbabwe
Zimbabwe: Goods and services expense was 289,333 current LCU in 2018. ▲ Rising
Goods and services expense in Zimbabwe, 2009–2018
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2018, goods and services expense in Zimbabwe stood at 289,333 current LCU.
Compared with earlier readings it is down 12.9% on the previous year and up 346.5% over ten years.
Over the whole period, goods and services expense in Zimbabwe peaked at 332,324 current LCU in 2017 and was at its lowest, 64,799 current LCU, in 2009.
That places Zimbabwe 155th out of 155 countries with data for 2018, putting it in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 64,799 current LCU | 64,799 current LCU | 64,799 current LCU | 1 |
| 2010s | 190,362 current LCU | 116,404 current LCU | 332,324 current LCU | 7 |
Countries ranked near Zimbabwe
- 152 Marshall Islands 37.19 million current LCU compare
- 153 Micronesia (country) 28.76 million current LCU compare
- 154 Palau 28.06 million current LCU compare
More public sector data for Zimbabwe
- Arms imports 20.00 million SIPRI trend indicator values (2023)
- Tax revenue 7.2% (2018)
- Taxes on income, profits and capital gains 33.3% (2018)
- Taxes on goods and services 41.2% (2018)
- Net investment in nonfinancial assets 0.8% (2018)
- Net lending (+) / net borrowing (-) -3.6% (2018)
- Interest payments 13.5% (2018)
- Grants and other revenue 8.3% (2018)
- Interest payments 10.0% (2018)
- Compensation of employees 36.6% (2018)
Frequently asked questions
- What is goods and services expense in Zimbabwe?
- Goods and services expense in Zimbabwe was 289,333 current LCU in 2018, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Zimbabwe?
- The highest recorded value was 332,324 current LCU in 2017.
- What is the lowest goods and services expense recorded in Zimbabwe?
- The lowest recorded value was 64,799 current LCU in 2009.
- How does Zimbabwe rank for goods and services expense?
- Zimbabwe ranks 155th out of 155 countries with data for 2018.
- Is goods and services expense rising or falling in Zimbabwe?
- Over the last ten years it is up 346.5%. The long-run trend across the full record is rising.
- Where does this Zimbabwe data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.