GDP contracted by 12.8% in 2019 due to poor performance in mining, tourism, and agriculture. Foreign currency and electricity shortages affected mining and tourism. Agriculture shrank about 15.8% due to cyclone Idai in March 2019, prolonged drought, livestock diseases, and currency shortages reducing the availability of inputs. Despite a global mineral price recovery, production in Zimbabwe dropped below 2018 levels. Austerity measures through the Transitional Stabilization Program 2018–20 and attendant monetary reforms constricted economic activity. Any 2020–21 recovery would depend on quick turnaround in the real sector. In the medium term, however, fiscal and monetary reforms are expected to stabilize the economy and begin to generate positive results.
In June 2017, the banking sector of Zimbabwe represented a total asset of $9.7 billion.
Credit distributed to businesses represents $2.6 billion and, more broadly, credit to private sector totaling $3.5 billion.
Zimbabwe Stock Exchange has 64 listed companies, representing, at the end of 2017, a market capitalization of $13 billion.