The International Monetary Fund (IMF) projects Zimbabwe's economy to rebound strongly in 2025, forecasting a growth rate of 6%. This follows a slowdown in 2024, where growth was estimated at 2% due to the El Niño-induced drought, which significantly impacted agricultural output.
The IMF anticipates that the recovery will be driven by improvements in agriculture, supported by better climate conditions, and ongoing investments in the mining and manufacturing sectors. The global economy is estimated by the IMF to have registered a growth of 3.0% for 2024. In 2025, Global growth is expected at 3.2% underpinned by inflation normalisation.
However, the IMF also cautions that Zimbabwe's economic outlook remains vulnerable to domestic policy slippages, external shocks, and climate-related risks. The government introduced the Zimbabwe Gold (ZiG) currency in April 2024 to stabilize the economy and curb inflation. The IMF noted the positive impact of the new currency, Zimbabwe Gold (ZiG), introduced in April, saying it has brought exchange rate stability and an end to a bout of macroeconomic instability experienced in the first quarter of the year.