FACTBOX - Zimbabwe's meltdown in figures

Wed Dec 3, 2008 11:13am GMT
 
Email | Print | | Single Page
[-] Text [+]

(Reuters) - Below are some details of Zimbabwe's decline in figures:

* INFLATION

Inflation reached 231 million percent a year in July, the latest month for which a figure has been announced. Economists think it is now much higher and say prices are doubling daily.

* GDP

Gross domestic product has fallen every year since 2000, down 10.4 percent in 2003 alone. The IMF estimated that the economy shrank 6.1 percent in 2007.

Per capita GDP was estimated at $200 (135 pounds) in 2007, from nearer $900 in 1990. Zimbabwe has the world's fastest shrinking economy for a country not at war, according to the World Bank.

* INCOME

An estimated 83 percent of the population was living on below $2 a day by 2005. Since then, the situation has only worsened.

* EXPORTS  Continued...

 

Most Popular General News on Reuters UK

  • Articles
  • Videos