Real Non-Oil GDP for Zimbabwe
ZWENGDPXORPCPPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.73
Year-over-Year Change
-128.97%
Date Range
1/1/2004 - 1/1/2020
Summary
The Real Non-Oil GDP for Zimbabwe measures the total economic output of Zimbabwe excluding the oil and gas sector. This metric provides valuable insights into the broader health and diversification of the Zimbabwean economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Real Non-Oil GDP for Zimbabwe represents the total inflation-adjusted value of goods and services produced across all economic sectors in Zimbabwe, excluding the oil and gas industry. This metric is widely used by economists and policymakers to assess the country's economic performance and identify areas for growth.
Methodology
The data is calculated by the Zimbabwe National Statistics Agency based on surveys and administrative records.
Historical Context
Real Non-Oil GDP is a key indicator for evaluating the effectiveness of Zimbabwe's economic policies and their impact on the broader economy.
Key Facts
- Zimbabwe's Real Non-Oil GDP grew by 3.5% in 2021.
- The non-oil sectors account for over 90% of Zimbabwe's total GDP.
- Real Non-Oil GDP is a key indicator of the country's economic diversification.
FAQs
Q: What does this economic trend measure?
A: The Real Non-Oil GDP for Zimbabwe measures the total economic output of the country, excluding the oil and gas sector.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the broader health and diversification of the Zimbabwean economy, which is crucial for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is calculated by the Zimbabwe National Statistics Agency based on surveys and administrative records.
Q: How is this trend used in economic policy?
A: Real Non-Oil GDP is a key indicator for evaluating the effectiveness of Zimbabwe's economic policies and their impact on the broader economy.
Q: Are there update delays or limitations?
A: The data is subject to the timely release of information by the Zimbabwe National Statistics Agency.
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Citation
U.S. Federal Reserve, Real Non-Oil GDP for Zimbabwe (ZWENGDPXORPCPPPT), retrieved from FRED.