Zimbabwe’s Economy Set to Grow Between 5.5% and 6% in 2025, Driven by Agriculture, Mining, and Utilities
Zimbabwe’s economy is projected to grow between 5.5% and 6% in 2025, according to the 2025 Zimbabwe Economic Outlook report. This robust growth is expected to be underpinned by strong performance in key sectors such as agriculture, mining, and utilities.
The report highlights that Zimbabwe will be one of the top-performing African nations, with growth surpassing both regional and global averages.
The country’s growth is largely attributed to elevated gold prices, which will continue to benefit the mining sector, especially given Zimbabwe’s significant gold exports.
Agriculture, Mining, and Utilities Drive Growth
The agriculture sector, crucial to Zimbabwe’s economy, is poised for a recovery, further boosting the country’s overall growth prospects.
Mining, particularly gold, and utilities are also expected to contribute significantly to the economic expansion.
Gold receipts, which account for about 30% of Zimbabwe’s mining sector, are anticipated to remain strong, despite challenges such as the impact of La Nina on the first-quarter production and reduced central bank gold purchases.
Despite these challenges, the report notes that the gold sector is expected to continue thriving due to persistently high prices, providing a stable revenue stream for the country.
Global Economic Context
On the global stage, economic growth is forecast to remain muted in 2025, with the world economy projected to expand by just 3.2%.
However, Africa’s growth will stand out, driven by investments in the energy sector, a strong gold market, and a recovery in agriculture, particularly in countries like Zimbabwe.
The report underscores that while growth in other regions may be slower, Africa’s economic momentum will offset global stagnation, with Zimbabwe emerging as one of the continent’s standout performers.
Positive Outlook Amid Global Challenges
While global economic challenges, such as US interest rate cuts and the effects of La Nina, may impact various sectors, Zimbabwe’s strategic focus on high-value sectors like gold, mining, and agriculture positions it well for continued growth.
The country’s resilience in these industries highlights its potential for robust economic performance in the coming year, providing optimism amidst global uncertainty.
