Zimbabwe's final consumption expenditure (constant LCU) was 65.91 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 3.2% from 63.87 billion in 2014 (0.32% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 65.91 billion | 2024 |
| Five years earlier | 56.67 billion | 2019 |
| Ten years earlier | 63.87 billion | 2014 |
| Highest | 75.72 billion | 2015 |
| Lowest | 24.03 billion | 2008 |
| Average since 2015 | 64.09 billion | 2015–2024 |
| First recorded | 28.18 billion |
What the numbers say
In 2024, Zimbabwe's final consumption expenditure (constant LCU) rose 1.6% on 2023 (from 64.88 billion to 65.91 billion).
Across the 18 yearly changes before that (2006 to 2023), the average change was +6.5% and a typical year strayed about 22.6% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 85.6% in 2009 and the biggest yearly fall was 16.4% in 2018. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 22% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Zimbabwe had the 12th highest value of the 29 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Zimbabwe in the 2024 ranking
What this measures
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
All 20 values
| Year | Final consumption expenditure (constant LCU) |
|---|---|
| 2024 | 65,908,701,500 |
| 2023 | 64,879,422,700 |
| 2022 | 63,376,669,400 |
| 2021 | 56,837,256,100 |
| 2020 | 52,065,710,900 |
| 2019 | 56,673,268,500 |
| 2018 | 61,365,167,900 |
| 2017 | 73,422,107,200 |
| 2016 | 70,609,702,200 |
| 2015 | 75,721,008,100 |
Final consumption expenditure (constant LCU) in nearby economies
- Angola — 19.13 trillion (2024)
- Benin — 9.03 trillion (2025)
- Botswana — 146.59 billion (2025)
- Burkina Faso — 9.59 trillion (2025)
- Burundi — 2.69 trillion (2025)
- Cabo Verde — 229.29 billion (2025)
- Cameroon — 23.14 trillion (2025)
- Central African Republic — 845.24 billion (2025)
- Chad — 7.47 trillion (2025)
- Comoros — 507.6 billion (2025)
More economic policy & debt data for Zimbabwe
- Gross Value Added (GVA) at basic prices (current US$) — US$48.51 billion (2025)
- Gross Value Added (GVA) at basic prices (current LCU) — 1.54 trillion (2025)
- GDP (current US$) — US$51.22 billion (2025)
- GDP (current LCU) — 1.63 trillion (2025)
- GDP (constant 2015 US$) — US$25.48 billion (2025)
- GDP (constant LCU) — 74.26 billion (2025)
- GDP per capita (current US$) — US$3,021 (2025)
- GDP per capita (current LCU) — 96,071 (2025)
- GDP per capita (constant 2015 US$) — US$1,503 (2025)
- GDP per capita (constant LCU) — 4,381 (2025)
- GNI (current US$)
Reading data like this
Questions people ask
- What is Zimbabwe's final consumption expenditure (constant LCU)?
- 65.91 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2005?
- It is up 133.9% from 28.18 billion in 2005 (4.57% a year on average, compounded). The highest value was 75.72 billion in 2015 and the lowest 24.03 billion in 2008.
- How does Zimbabwe rank?
- 12th highest of 29 economies with data for 2024.
- Is the latest change in final consumption expenditure (constant LCU) unusual for Zimbabwe?
- In 2024, Zimbabwe's final consumption expenditure (constant LCU) rose 1.6% on 2023 (from 64.88 billion to 65.91 billion). Across the 18 yearly changes before that (2006 to 2023), the average change was +6.5% and a typical year strayed about 22.6% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NE.CON.TOTL.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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